Priciples of Economics 1

Teachers

Included in study programs

Teaching results

Knowledge:
- In this course, students will learn the basic categorical apparatus and understand the relationship between individual economic phenomena and processes of market economy.
Skills:
- During the seminars, students will gain basic knowledge in the field of teamwork and learn the basics of critical thinking.
Competences:
- The student will acquire competencies in the field of analysis and comparison of the functioning of basic economic systems.

Indicative content

Subject and methodology of economics. Development of economic thoughts. Economic laws, types of economies. A triad of economic problems. Market and market mechanism, demand, supply, equilibrium price. Elasticity of demand and supply. Decision-making of market subjects in perfect and imperfect competition. Production factors market, income distribution and quality of life.

Support literature

Basic literature:
1. ČAPLÁNOVÁ, A. a kolektív: Ekonómia. Praha: Wolters Kluwer, 2022.
2. DARMO, Ľ. A kolektív: Ekonómia: praktikum. Praha: Wolters Kluwer, 2022.
Supplementary Literature:
1. HOLMAN, R.: Ekonomie. 5. vydanie. Praha: Nakladat. C. H. Beck. 2011.
2. FRANK, R. H. - BERNANKE, B. S.: Ekonomie. Praha: Nakladatelství C. H. Beck, 2011.
3. MANKIW, N.G.: Zásady ekonómie. Praha : Grada Publishing, 2009.

Requirements to complete the course

Requirements to complete the course: individual work, written test, written exam
Seminars 40 %, of which:
Home assignment 8 %
Seminar activities and short written tests 12%
Mid-written exams 20 %
Result of the final written exam 60 %

Student workload

Total student workload: 156 hours. Of which:
Attendance at lectures: 26 hours
Attendance at seminars: 26 hours Preparation for seminars: 13 hours
Preparation for written tests of quantitative and graphical tasks: 39 hours
Preparation for the exam: 52 hours

Date of approval: 11.03.2024

Date of the latest change: 12.06.2025