Microeconomics

Description

90 hours of classroom hours are planned for the teaching of the subject "microeconomics". 45 hours of them are allocated to lecture classes and 45 hours to practical training classes. students' free work (tsi) is 210 hours. this includes SI - performance and delivery of free work, preparation for lectures, seminars, laboratory classes, colloquiums. students are given 1 to 5 free tasks or 2-5 students are given 1 free task as a group. each of the free works is evaluated from 1 to 10 points and makes up a total of 10 points per semester. if necessary, students can be given 1 independent assignment with a larger and more scientific content. at this time, that free task is evaluated on a 10-point scale. at the end of the semester, the student's attendance in the subject is evaluated with 10 points, practical exercises and colloquiums with 30 points, and free assignments with 10 points. the remaining 50 points for the subject are determined in the exam. it is planned to carry out the study load in the 2nd semester. the teaching of the subject results in an exam. 10 credits are provided for the subject in the educational program.

Course learning outcomes

1. 1

   CLO 1: Basics of microeconomic theory: • defines and lists the fundamental concepts of microeconomics, market laws, and economic categories. model building and economic relations: • explains the mechanism of supply and demand, interprets market processes, and describes the behavior of individual consumers and firms. applied analysis and market indicators: • uses microeconomic models to calculate market equilibrium, price elasticity, and the responses of individual firms to changes in supply and demand. diagnostics of firm and market behavior: • analyzes and compares the behavior of firms in different market structures, including perfect competition, oligopoly, and monopoly. practical application of microeconomic models and justification of decisions: • develops alternative decision options for specific economic situations and relates market conditions to theoretical models. interpretation and evaluation of the policy: • evaluates and justifies the consequences of economic decisions in terms of market efficiency and social welfare.