Course syllabus E15-0033-I - Microeconomics II. (FEM - WS 2019/2020)

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The units forming the course syllabus:
1.
Trade and welfare effects of state intervences on market (allowance 1/1)
 
a.
Trade and welfare effects of state intervences on market
(Calculation and graphical representation of consumer surplus and producer surplus, effects of indirect tax)

2.
Trade and welfare effects of state intervences on market (allowance 1/1)
 
a.Trade and welfare effects of state intervences on market
(Effects of taxation and price regulation)

3.
Trade and welfare effects of state intervences on market (allowance 1/1)
 
a.Trade and welfare effects of state intervences on market
(Effects of anti-import policy, the effects of pro-export policy - export subsidy)

4.
Cost of living index (allowance 1/1)
 
a.
Cost of living index -- calculation, graph representation
(Divisia index, Laspeyeres index, Paasche index)

5.
The impact of price changes on demand (allowance 1/1)
 
a.
Calculation and graphical representation of the impact of price changes on demand
(Substitution and income effect of price changes - Hicks approach)

6.Market demand (allowance 1/1)
 
a.
The derivation of market demand, graphically and numerically, Relationship: demand - consumer expenditure - the price elasticity

7.Intertemporal model of consumer choice (allowance 1/1)
 
a.
Intertemporal model of consumer choice
(Intertemporal buget constraint, Intertemporal indiference curves, optimum)

8.The choice in terms of uncertainty (allowance 1/1)
 
a.The choice in terms of uncertainty
(Expected value and expected utility)

9.
Asset markets (allowance 1/1)
 
a.Market Assets, Rate of Return, Arbitrage and Present Value

10.
Risk assets (allowance 1/1)
 
a.
Utility function of risk aversive, risk-seeking and risk-neutral consumers

11.
Game theory and strategic behavior (allowance 1/1)
 
a.
Introduction to the Theory of Games

12.
Markets factor (allowance 1/1)
 
a.Economy of Labor Market, Capital Market

13.
General Equilibrium and Market Efficiency (allowance 1/1)
 
a.
Efficiency in production, Efficiency in consumption, Market failure


Last modification made by Iveta Kunová on 03/07/2019.

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