Course: Mathematic Economics

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Course title Mathematic Economics
Course code UEV/KMEK
Organizational form of instruction Lecture
Level of course Master
Year of study 2
Semester Summer
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Sekerka Bohuslav, prof. RNDr. CSc.
Course content
Market and its subjects, individual supply and demand. Consumer's preferences, classical model of demand. Demand for products with long-term consumption - short-term analysis. Demand for products with long-term consumption - long-term analysis. Production function. Costs and revenues of the company. Company models in market environment. Company models in imperfect competition. Aggregate supply and demand. Static Keynes model. Dynamic analysis of aggregate models. Selected aggregate models of the national economy. Walras' model of general equilibrium. Models of inter-branch relations.

Learning activities and teaching methods
Monologic (reading, lecture, briefing), Dialogic (discussion, interview, brainstorming), Work with text (with textbook, with book)
Learning outcomes
The aim of the course is to acquaint the students with the picture of mathematic economics at the contemporary development level and provide them with basic knowledge and methods of mathematic economics. The accent is put on the ability to use acquired knowledge at various levels of the national economy.
Students will be able to use acquired knowledge not only in the mathematic economics but also in related fields of study. Furthermore students will understand how to apply various approaches and how to select appropriate methods and defend it with necessary arguments.
Prerequisites
unspecified

Assessment methods and criteria
Oral examination, Written examination, Student performance assessment

The assignment is granted upon passing the written test. The examination is written and oral. The examination proves student's theoretical knowledge and his ability of its further use. If the written test proves required knowledge and skills it is possible not to attend the oral examination.
Recommended literature
  • SAMUELSON, P. A., NORDHAUS, W. D.:. Ekonomie. Praha: Nakladatelství Svoboda, 1995.
  • SEKERKA, B., ČERNOHORSKÝ, J.:. Matematická ekonomie. Pardubice: Univerzita Pardubice, 2005.
  • SEKERKA, B.:. Makroekonomie. Praha: Profess Consulting, 2007.
  • SEKERKA, B.:. Mikroekonomie. Praha: Profess Consulting, 2002.
  • VARIAN, H. R.:. Mikroekonomie: Moderní přístup. Praha: Victoria Publishing, 1995.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics and Administration Study plan (Version): Economics of Public Sector (2014) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics and Enterprise Management (2013) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics of Public Sector (2016) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Regional and Information Management (2014) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Regional and Information Management (2013) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics of Public Sector (2013) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Informatics in Public Administration (2014) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics and Enterprise Management (2015) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Informatics in Public Administration (2013) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Economics and Administration Study plan (Version): Economics and Enterprise Management (2014) Category: Economy 2 Recommended year of study:2, Recommended semester: Summer