VPLb1108 Principles of Economics

Faculty of Social Studies
Autumn 2026
Extent and Intensity
2/0/0. 5 credit(s). Type of Completion: zk (examination).
In-person direct teaching
Teacher(s)
PhDr. Markéta Horáková, Ph.D. (lecturer)
Ing. Renata Skýpalová, Ph.D. (lecturer)
Guaranteed by
Ing. Renata Skýpalová, Ph.D.
Department of Social Policy and Social Work – Faculty of Social Studies
Supplier department: Department of Social Policy and Social Work – Faculty of Social Studies
Prerequisites (in Czech)
(! PERb1011 Introduction to Economics ) && !NOWANY( PERb1011 Introduction to Economics )
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 66 student(s).
Current registration and enrolment status: enrolled: 0/66, only registered: 0/66, only registered with preference (fields directly associated with the programme): 0/66
fields of study / plans the course is directly associated with
there are 6 fields of study the course is directly associated with, display
Abstract
At the end of the course students should be able to:
# to understand market system mechanics;
# to ilustrate the way a change of consumer preferences influence allocation of resources;
# to recognize economic fluctuation with help of macroeconomic indicators;
# to explain mechanics and effects of macroeconomic policy.
Learning outcomes
At the end of the course students should be able to:
# to understand market system mechanics;
# to ilustrate the way a change of consumer preferences influence allocation of resources;
# to recognize economic fluctuation with help of macroeconomic indicators;
# to explain mechanics and effects of macroeconomic policy.
Key topics
  • Economics as a social science. Basic economic concepts.
  • Basic economic backgrounds, economic systems, the law of scarcity and the law of time economics, the theory of needs.
  • Demand, supply and market equilibrium.
  • Perfect and imperfect competition. The efficiency of the market.
  • Market failure. Externalities.
  • Public goods.
  • Gross domestic product. Business cycle.
  • Unemployment. Inflation.
  • Aggregate supply, aggregate demand.
Study resources and literature
    required literature
  • HOLMAN, Robert. Ekonomie. 4. aktualiz. vyd. Praha: C.H. Beck, 2005, xxii, 709. ISBN 8071798916. info
    recommended literature
  • SAMUELSON, Paul Anthony and William D. NORDHAUS. Ekonomie. Translated by Michal Mejstřík - Milan Sojka - Antonín Kotulan. 2. vyd. Praha: Svoboda, 1995, xl, 1011. ISBN 802050494X. info
  • MANKIW, N. Gregory. Zásady ekonomie. Praha: Grada, 2000, 763 s. ISBN 80-7169-891-1. info
Approaches, practices, and methods used in teaching
Homework. Group discussion of homework tasks.
Method of verifying learning outcomes and course completion requirements
Assessment of homework.
Final written exam.
Language of instruction
Czech
Further Comments
The course is taught annually.
The course is taught every week.
Listed among pre-requisites of other courses
The course is also listed under the following terms Autumn 2019, Autumn 2020, Autumn 2021, Autumn 2022, Autumn 2023, Autumn 2024, Autumn 2025.
  • Enrolment Statistics (Autumn 2026, recent)
  • Permalink: https://is.muni.cz/course/fss/autumn2026/VPLb1108