Plan of lectures and seminars – Intermediate Microeconomics 3MI622/ 3MI623

Literature:

Nicholson, Snyder, Luke & Wood: Intermediate Microeconomics. Cengage Learning EMEA, 2008. ISBN: 978-1-84480-629-4,

www.cengage.co.uk

Plan of lectures and seminars:  3MI622

week Lecture Seminar
1 Introduction

Consumer optimum

Introduction to the course
2 Individual Demand Assignment 1: Analytical tools

Chapter 1 (pp.3 – 44)

3 Market demand Assignment 2: Consumer optimum

Chapter 2 (pp 47 – 76)

4 Uncertainty and strategy Assignment 3 – Demand

Chapters 3,4 (77 – 136)

5 Production Assignment 4: Uncertainty and Strategy

Chapters 5,6 (pp 139-158, 165 – 180)

6 Costs TEST

Chapters 1 – 6

7 Profit maximization and supply,
Perfectly competitive market
Assignment 5: Production and costs

Chapters 7,8 (pp. 205 – 263)

8 Perfect competition applications,
General equilibrium
Assignment 6: Profit maximization, perfectly competitive market,

Chapters 9, 10, (pp. 265 – 317)

9

 

Monopoly Assignment 7: Applying the competitive model, General equilibrium

Chapters 11, 12 (pp. 319 –370)

10 Oligopoly, monopolistic competition Assignment 8: Monopoly, Oligopoly, monopolistic competition

Chapters 13, 14 (pp. 373 – 416, 427 – 428, 434 – 443 )

11 Pricing in input markets TEST

Chapters 7 – 14

12 Capital and Time Assignment 9: Pricing in input markets

Chapters 15, 16

13 Asymmetric information,
externalities, public goods
TEST

Chapters 15 – 16

Plan of  seminars: IP_415

week Seminar
1 Introduction to the course
2 Assignment 1: Analytical tools used in Microeconomics

Chapter 1 (pp.3 – 44)

3 Assignment 2: Consumer optimum

Chapter 2 (pp 47 – 76)

4 Assignment 3 – Demand

Chapters 3,4 (77 – 136)

5 TEST (chapters 1 – 4)
6 Assignment 4: Uncertainty and Strategy

Chapters 5,6 (pp 139 – 202)

7 Assignment 5: Production and costs

Chapters 7,8 (pp. 205 – 263)

8 Assignment 6: Profit maximization, perfectly competitive market

Chapters 9, 10, (pp. 265 – 317)

9 TEST (chapters 5 – 10)
10 Assignment 7: Applying the competitive model, General equilibrium

Chapters 11, 12 (pp. 319 – 443)

11 Assignment 8: Monopoly, oligopoly, monopolistic competition

Chapters 13, 14 (pp. 373 – 443)

12 Assignment 9: Pricing in Input markets

Chapters 15, 16

13 TEST (chapters 11 – 16)

 

Instructor: doc. Ing. Bronislava Hořejší, CSc.

Assessment methods (weighing):           

Active participation       5%

1st test:                            5%

2nd test:                           25%

3rd test                             25%

4th test                             15%

Final essay                       25%.

 

The condition for participation in the course is to obtain at least 60% of each test.

The condition for enrolling for the final essay is to obtain at least 60% of each test and activity, which is a minimum of 45 points.

Literature:

Mankiw, N.G., Taylor, M.P.: Microeconomics. CENGAGE Learning 2017

Nicholson W., Snyder Ch., Luke, P., Wood, M.: Intermediate Microeconomics. South Western CENGAGE Learning 2008 or

Nicholson W., Snyder Ch.: Theory and Applications of Intermediate Microeconomics. 11ed. South Wester CENGAGE Learning 2010 or any later edition or

Nicholson W., Snyder CH.: Microeconomic Theory: Basic Principles and Extensions. 12th ed. South Western CENGAGE Learning 2017 or

Nicholson W., Snyder CH.: Intermediate Microeconomics and Its Application. 12th ed. South Western CENGAGE Learning 2015

Extending:

Nicholson W, Snyder Ch.,Stewart R.: etextbook  Microeconomic Theory. Basic Principles and Extensions. 1st edition CENGAGE Learning 2015 http://www.coursesmart.co.uk/IR/8474127/9781473704787?__hdv=6.8.

Pindyck, R.S. – Rubinfield, D.L.: Microeconomics. 8th ed. Pearson 2013.

Varian, Hal.R.: Intermediate Microeconomics. A Modern Approach.  8th ed.W. W. Norton and Company, New York 2010