BPE_ZEKO Principles of Economics

Faculty of Economics and Administration
Spring 2024
Extent and Intensity
2/0/0. 4 credit(s). Type of Completion: zk (examination).
Taught in person.
Ing. Monika Jandová, Ph.D. (lecturer)
Ing. Tomáš Paleta, Ph.D. (lecturer)
prof. Ing. Zdeněk Tomeš, Ph.D. (lecturer)
Guaranteed by
Ing. Monika Jandová, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Mgr. Jarmila Šveňhová
Supplier department: Department of Economics – Faculty of Economics and Administration
Wed 12:00–13:50 P101, except Wed 3. 4.
(! BPE_MIE1 Microeconomics 1 ) && (! BPE_MAE1 Macroeconomics 1 ) && (! BKE_MAE1 Macroeconomics 1 ) && (! BKE_MIE1 Microeconomics 1 ) && ! NOWANY ( BPE_MIE1 Microeconomics 1 , BPE_MAE1 Macroeconomics 1 ) && FORMA ( P ) && TYP_STUDIA ( BNM ) && (! CORE011 Economic style of thinking )
Students who are required to complete BPE_MIE1 and BPE_MAE1 or MPE_MAE2 and MPE_MIE2 according to the study plan do not enroll this course.
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
there are 7 fields of study the course is directly associated with, display
Course objectives
The course Principles of Economics introduces basic issues in both micro- and macroeconomics. The aim of this course is not to include complete economics.

Main objectives can be summarized as follows:

- to understand the economic way of thinking;
- to learn the most important economic terms and their practical applications;
- to be able to apply the basic economic theory to practical examples from the Czech and world economy;
- to gain basic knowledge for other economic courses.
Learning outcomes
Student will be able to: - actively use basic economic terms;
- understand how the labor market works and what are its limitations;
- calculate basic macroeconomic aggregates and describe their development;
- compare the costs and benefits of monetary unions;
- critically discuss the implications of state intervention in the economy;
  • 1. Principles of economics
  • 2. Market and market forces
  • 3. Efficiency of markets and public sector economics
  • 4. Producer and consumer
  • 5. Firms and market structure
  • 6. Measuring the nation's income
  • 7. Economic growth, cyclical fluctuations
  • 8. Earnings - inequity, discrimination, poverty
  • 9. Unemployment, inflation
  • 10. Economic policy
  • 11. Fiscal and monetary policy
  • 12. Open economy
    required literature
  • MANKIW, N. Gregory. Zásady ekonomie. Praha: Grada, 2000, 763 s. ISBN 80-7169-891-1. info
    recommended literature
  • HOLMAN, Robert. Základy ekonomie : pro studenty vyšších odborných škol a neekonomických fakult VŠ. 3. vydání. V Praze: C.H. Beck, 2015, xv, 368. ISBN 9788074000072. info
Teaching methods
The course has a form of a lecture.
The course can be completed in case of a stay abroad: participation in lectures is optional, and the exam can be taken after returning.
Assessment methods
The course is concluded by a written exam. It is necessary to obtain at least 60% of points for successful completion of the course.

Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.
Language of instruction
Further comments (probably available only in Czech)
Study Materials
The course is taught each semester.
General note: Přednášky jsou dostupné online a ze záznamu. Nezapisují si studenti, kteří mají povinnost absolvovat BPE_MIE1 a BPE_MAE1. Students who are required to complete BPE_MIE1 and BPE_MAE1 according to the study plan do not enroll this course.
Listed among pre-requisites of other courses
The course is also listed under the following terms Autumn 2009, Autumn 2010, Spring 2011, Autumn 2011, Spring 2012, Autumn 2012, Spring 2013, Autumn 2013, Spring 2014, Autumn 2014, Spring 2015, Autumn 2015, Spring 2016, Autumn 2016, Spring 2017, Autumn 2017, Spring 2018, Autumn 2018, Spring 2019, Autumn 2019, Spring 2020, Autumn 2020, Spring 2021, Autumn 2021, Spring 2022, Autumn 2022, Spring 2023, Autumn 2023, Autumn 2024, Spring 2025.
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/econ/spring2024/BPE_ZEKO