BPE_MIE1 Microeconomics 1

Faculty of Economics and Administration
Autumn 2015
Extent and Intensity
2/2/0. 8 credit(s). Type of Completion: zk (examination).
Ing. Michal Kvasnička, Ph.D. (lecturer)
prof. Ing. Zdeněk Tomeš, Ph.D. (lecturer)
Ing. Jan Čapek, Ph.D. (seminar tutor)
Ing. Petra Chovancová, Ph.D. (seminar tutor)
Ing. Veronika Končiková (seminar tutor)
Ing. Štěpán Mikula, Ph.D. (seminar tutor)
Ing. Adam Pápai, Ph.D. (seminar tutor)
Ing. Mgr. Vlastimil Reichel, Ph.D. (seminar tutor)
Mgr. Martin Slanicay, Ph.D. (seminar tutor)
Mgr. Bc. Karolína Zábojníková (seminar tutor)
Ing. Peter Baďo (assistant)
Ing. Mgr. Lucie Coufalová, Ph.D. et Ph.D. (assistant)
Bc. et Bc. Jan Fikejs (assistant)
Ing. et Ing. Soňa Jakubová Niedermayerová (assistant)
Ing. Mgr. Václav Šebek (assistant)
Ing. Petr Zimčík, Ph.D. (assistant)
Guaranteed by
Ing. Michal Kvasnička, Ph.D.
Department of Economics - Faculty of Economics and Administration
Contact Person: Lydie Pravdová
Supplier department: Department of Economics - Faculty of Economics and Administration
Mon 11:05–12:45 P101, Mon 12:50–14:30 P101
  • Timetable of Seminar Groups:
BPE_MIE1/T01: Thu 24. 9. to Tue 22. 12. Thu 13:20–14:55 KOM 105, V. Reichel
BPE_MIE1/T02: No timetable has been entered into IS. V. Reichel
BPE_MIE1/01: Wed 12:50–14:30 P106, Š. Mikula
BPE_MIE1/02: Wed 16:20–17:55 P102, A. Pápai
BPE_MIE1/03: Wed 11:05–12:45 P312, Š. Mikula
BPE_MIE1/04: Wed 14:35–16:15 S311, V. Reichel
BPE_MIE1/05: Wed 7:40–9:15 S310, Š. Mikula
BPE_MIE1/06: Fri 7:40–9:15 P104, V. Končiková
BPE_MIE1/08: Thu 7:40–9:15 P201, Š. Mikula
BPE_MIE1/09: Tue 11:05–12:45 P403, M. Kvasnička
BPE_MIE1/10: Tue 12:50–14:30 P403, M. Kvasnička
BPE_MIE1/12: Wed 14:35–16:15 P102, A. Pápai
BPE_MIE1/13: Tue 9:20–11:00 P201, K. Zábojníková
BPE_MIE1/14: Tue 18:00–19:35 S311, M. Slanicay
BPE_MIE1/17: Thu 7:40–9:15 P304, A. Pápai
BPE_MIE1/18: Tue 11:05–12:45 P312, K. Zábojníková
BPE_MIE1/19: Thu 9:20–11:00 P312, P. Chovancová
BPE_MIE1/20: Thu 11:05–12:45 P312, P. Chovancová
BPE_MIE1/21: Wed 18:00–19:35 P304, V. Reichel
BPE_MIE1/23: Thu 14:35–16:15 P304, P. Chovancová
BPE_MIE1/25: Tue 12:50–14:30 P312, M. Slanicay
BPE_MIE1/28: Wed 14:35–16:15 P106, J. Čapek
BPE_MIE1/29: Thu 16:20–17:55 P106, V. Končiková
BPE_MIE1/30: Wed 12:50–14:30 P304, J. Čapek
BPE_MIE1/32: Thu 14:35–16:15 P104, V. Končiková
Prerequisites (in Czech)
(! BPE_MIC1 Microeconomics 1 ) && (! BKE_MIE1 Microeconomics 1 ) && (! NOWANY ( BPE_MIC1 Microeconomics 1 , BKE_MIE1 Microeconomics 1 ))
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 110 fields of study the course is directly associated with, display
Course objectives
In this course students will learn the basic principles of Microeconomics. They will get acquainted with the concept of preference, cost, revenue, elasticity, supply, demand, firm, market, externality etc., and their mutual relationship. The students will understand the operation of the market process and structure. They will be able to use the microeconomic analytical tools to describe and analyze the real world cases, and avoid usual analytical errors. They will understand consequences of changes of demand, cost, market structure, and basic policy changes. At the end of this course, students will be able to understand and explain when markets are good solution to mundane problem and when the government can improve its results. They will be also prepared to study microeconomics on the intermediate level in the consequent course.
  • 1. Introduction into Economics
  • 2. Interdependence and Gains from Trade
  • 3. Market Forces of Supply and Demand
  • 4. Elasticity and Its Applications
  • 5. Consumers, Producers and Efficiency of Markets
  • 6. Theory of Consumer Choice
  • 7. Cost of Production
  • 8. Firms in Competitive Markets
  • 9. Monopoly and Monopolistic Competition
  • 10. Oligopoly
  • 11. Markets for Factors of Production
  • 12. Externalities
  • 13. Pulbic Goods and Common Resources
    required literature
  • MANKIW, N. Gregory. Principles of economics. 4th ed. Mason: Thomson Higher Education, 2007. 896 s. ISBN 9780324224726. info
  • MANKIW, N. Gregory. Zásady ekonomie. Praha: Grada, 2000. 763 s. ISBN 80-7169-891-1. info
Teaching methods
Lectures and tutorials
Assessment methods
The credit is awarded based on 1) student's performance in tutorials including three in-class problem sets, and 2) written multiple-choice test.
Language of instruction
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
General note: Přednášky jsou dostupné online a ze záznamu.
Information about innovation of course.
This course has been innovated under the project "Inovace studia ekonomických disciplín v souladu s požadavky znalostní ekonomiky (CZ.1.07/2.2.00/28.0227)" which is cofinanced by the European Social Fond and the national budget of the Czech Republic.

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Listed among pre-requisites of other courses
The course is also listed under the following terms Autumn 2009, Autumn 2010, Autumn 2011, Autumn 2012, Autumn 2013, Autumn 2014, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2019, Autumn 2020, Autumn 2021.
  • Enrolment Statistics (Autumn 2015, recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2015/BPE_MIE1