Course: Economics I

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Course title Economics I
Course code KFHS/KB317
Organizational form of instruction Lecture
Level of course Bachelor
Year of study not specified
Semester Winter
Number of ECTS credits 3
Language of instruction Czech
Status of course Compulsory
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Fuchsová Eva, Ing. Ph.D.
Course content
1. Introduction to microeconomics 2. Consumer's choice: Total and marginal utility 3. Consumer's choice: Utility and the demand 4. Producer's choice: Production function and costs 5. Producer's choice: Cost function and the supply in the sort run 6. Market equilibrium and efficiency 7. Imperfect markets 8. Competition and regulation 9. Markets for inputs, demand for the factors of production 10. Labor market and unemployment 11. Capital market, investments 12. Externalities and public goods 13. Microeconomic applications

Learning activities and teaching methods
unspecified
Learning outcomes
The course is an introduction to the standard macroeconomics theory. It covers the basic macroeconomic aggregates and the models explaining their relations in short run and long run.
Upon successful completion of the course, students will be able to: - understand macroeconomic terminology and basic theoretical relationships; - be able to interpret economic developments on the basis of macroeconomic aggregates; - actively apply basic macroeconomic concepts in discussions; - be aware of the limits of macroeconomic analysis and economic policy.
Prerequisites
None

Assessment methods and criteria
unspecified
Knowledge is tested by a midterm and a final test, which have the following weight in the overall assessment: (a) Intermediate test 40 % (b) final test 60 % In all tests, the use of specialist literature and own extracts is permitted. One date will be set for the midterm test. In the event of non-attendance, the midterm test cannot be taken on the alternate date and the final test will be weighted at 100% (no apologies are required for non-attendance at the midterm test). Translated with DeepL.com (free version)
Recommended literature
  • FRANK, R. H., BERNANKE, B. S. Ekonomie, Grada, Praha 2002..
  • HOLMAN, Robert. Ekonomie. 5. vyd.. Praha: C.H.Beck, 2011. ISBN 978-80-7400-006-.
  • Macáková a kol. Mikroekonomie základní kurs, Melandrium Praha,. 2002.
  • Mankiw, Gregory, N. Zásady ekonomie, Praha, Grada. Praha, 1999.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester