Předmět Státní zkouška z ekonomie (EKS_II)

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Materiál	Typ	Datum	Počet stažení

Obsah

1.Utility and Choice. Measuring utility. Assumptions about utility. Voluntary trades and indifference curves. Utility maximization. Using the model of choice: the impact of consumer theory for doing business.2.Individual Demand. Demand factors. Changes in income. Changes in a good´s price. The importance of substitution and income effects for the given good supplier. The lump-sum principle. Change in the price of another good. Constructiuon of individual demand curves. Shifts of individual demand curves. Consumer surplus. 3.Market Demand and Elasticity. Market demand curves: construction, shifts. Price elasticity of demand. Price elasticity and substitution effect. Price elasticity and time. Price elasticity and total expenditures. Demand curves and price elasticity. Income elasticity of demand. Cross-Price elasticity of demand.4.Uncertainty. Probability and Expected value. Risk aversion. Methods for reducing risk. Pricing of risk in financial assets. The economics of information.5.Game Theory. Basic concepts. Equilibrium. Nash equilibrium. Dominant strategies. Prisoners´dilemma. Mixed strategies. Multiple equilibria. Sequential games. Repeated games. Continuous actions.6.Production. Production functions. Marginal product. Isoquant maps. Rate of technical substitution. Returns to scale. Input substitution. Changes in technology.7.Costs. Economic cost. Labor costs. Capital costs. Cost-minimizing input choice. The firm´s expansion path. Average and marginal costs. Short run costs. Per-unit short-run cost curves. Shifts in cost curves. 8.Profit maximization and supply. Nature of firms. Profit maximization. Total, average and marginal revenues. Supply decisions of a price-taking firm.9.Perfect Competition in a Single Market. Timing of a supply curve. Pricing in the very short run. Short-run supply. Short-run price determination. Shifts in supply and demand curves. Short-run supply elasticity. The long run. Long-run supply. Shape of the long-run supply.10. Applying the Competitive model. Consumer and producer surplus. Ricardian rent. Economic efficiency. Price control and shortages. Tax incidence. Trade restrictions.11.General Equilibrium and Welfare. A perfectly competitive price system. A simple general equilibrium model. The efficiency of perfect competition.Why markets fail to achieve economic efficiency. Efficiency and equity. The Edgeworth box diagram for exchange.12.Monopoly. Causes of monopoly. Profit maximization. Monopoly supply curve. Monopoly profits. Monopoly and resource allocation. Monopolistic distortions and transfers of welfare. Price discrimination. Natural monopolies.13.Imperfect Competition. Cartel outcome. Cournot model. Bertrand model. Product differentiation. Tacit collusion. Entry and exit. First-mover advantages. Entry deterrence. Limit pricing. Predatory pricing. Price leadership. Monopolistic competition.14.Pricing in input markets. Marginal productivity theory of input demand. Profit maximizing behavior. Price-taking behavior. Responses to changes in input prices. Substitution and output effects. Monopsony.15.Input supply. Labor supply. Allocation of time. Income and substitution effects of a change in the real wage rate. Market supply curve for labor.16.Capital and Time. Time periods and the flow of economic transactions. Individual savings – the supply of loans. Firms´ demand for capital and loans. Determination of the real interest rate. Present discounted value.17.Asymmetric Information. Principal-agent model. Moral hazard. Adverse selection. Warranty and insurance contracts. Asymmetric information in competitive markets. Signalling.18.Externalities and Public Goods. Defining of externalities. Externalities and allocational efficiency. Property rights, bargaining, and the Coase theorem. Externalities with high transaction costs. Public goods.

Získané způsobilosti

Po úspěšném absolvování splní student jednu ze zákonných podmínek řádného ukončení studia.

Literatura

TypAutorNázevMísto vydáníNakladatelRokISBNZNICHOLSON, W.Intermediate microeconomics.London:South-Western/Cengage Learning, 2008.978-1-84480-629-4

Požadavky

žádné

Garant

prof. Ing. Jindřich Soukup, CSc.

Vyučující

prof. Ing. Jindřich Soukup, CSc.