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A course is the basic teaching unit, it's design as a medium for a student to acquire comprehensive knowledge and skills indispensable in the given field. A course guarantor is responsible for the factual content of the course.
For each course, there is a department responsible for the course organisation. A person responsible for timetabling for a given department sets a time schedule of teaching and for each class, s/he assigns an instructor and/or an examiner.
Expected time consumption of the course is expressed by a course attribute extent of teaching. For example, extent = 2 +2 indicates two teaching hours of lectures and two teaching hours of seminar (lab) per week.
At the end of each semester, the course instructor has to evaluate the extent to which a student has acquired the expected knowledge and skills. The type of this evaluation is indicated by the attribute completion. So, a course can be completed by just an assessment ('pouze zápočet'), by a graded assessment ('klasifikovaný zápočet'), or by just an examination ('pouze zkouška') or by an assessment and examination ('zápočet a zkouška') .
The difficulty of a given course is evaluated by the amount of ECTS credits.
The course is in session (cf. teaching is going on) during a semester. Each course is offered either in the winter ('zimní') or summer ('letní') semester of an academic year. Exceptionally, a course might be offered in both semesters.
The subject matter of a course is described in various texts.

BIE-MIK Fundamentals of Microeconomics Extent of teaching: 2P+2C
Instructor: Evan T. Completion: Z,ZK
Department: 18102 Credits: 4 Semester: L

Annotation:
This a introductory course of microeconomics designed for students without previous economic background. It describes different market regimes and ways how firm can react to consumer demand, competitor strategies, government intervention, uncertainty and information asymmetry. All concepts are illustrated on real life examples.

Lecture syllabus:
1. Demand and supply model
2. Consumer theory (utility function, budget constraint)
3. Firm theory (production function, costs)
4. Perfect competition and welfare
5. Other types of market structures (monopoly, oligopoly)
6. Introduction to game theory
7. Dynamic decision making (time dimension)
8. Decision making under uncertainty (attitude towards risk)
9. Asymmetric information problem
10. Externalities and public goods

Seminar syllabus:
1. Demand and supply model
2. Consumer theory (utility function, budget constraint)
3. Firm theory (production function, costs)
4. Perfect competition and welfare
5. Other types of market structures (monopoly, oligopoly)
6. Introduction to game theory
7. Dynamic decision making (time dimension)
8. Decision making under uncertainty (attitude towards risk)
9. Asymmetric information problem
10. Externalities and public goods

Literature:
Jeffrey M. Perloff: Microeconomics

Requirements:
Sufficient knowledge of basic mathematical analysis (differential calculus)

Information about the course and courseware are available at https://courses.fit.cvut.cz/BI-MIK/

The course is also part of the following Study plans:
Study Plan Study Branch/Specialization Role Recommended semester
BIE-TI.2015_ORIGINAL Computer Science (Bachelor, in English) VE 5
BIE-TI.2015 Computer Science (Bachelor, in English) VE 5
BIE-WSI-SI.2015 Software Engineering (Bachelor, in English) VE 5
BIE-BIT.2015 Computer Security and Information technology (Bachelor, in English) VE 5


Page updated 28. 3. 2024, semester: Z/2023-4, L/2019-20, L/2022-3, Z/2019-20, Z/2022-3, L/2020-1, L/2023-4, Z/2020-1, Z,L/2021-2, Send comments to the content presented here to Administrator of study plans Design and implementation: J. Novák, I. Halaška