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Course, academic year 2023/2024
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Microeconomics I - JEB104
Title: Microeconomics I
Guaranteed by: Institute of Economic Studies (23-IES)
Faculty: Faculty of Social Sciences
Actual: from 2022
Semester: summer
E-Credits: 6
Examination process: summer s.:
Hours per week, examination: summer s.:4/2, Ex [HT]
Capacity: 185 / 159 (200)
Min. number of students: unlimited
4EU+: no
Virtual mobility / capacity: no
State of the course: taught
Language: English
Teaching methods: full-time
Teaching methods: full-time
Additional information: http://ies.fsv.cuni.cz/cs/syllab/JEB104
Note: course can be enrolled in outside the study plan
enabled for web enrollment
priority enrollment if the course is part of the study plan
Guarantor: PhDr. Lenka Šťastná, Ph.D.
Teacher(s): Tersoo David Iorngurum
Hieu Nguyen Thi Hoang, M.A.
PhDr. Lenka Šťastná, Ph.D.
Class: Courses for LLEP
Courses for incoming students
Pre-requisite : {Group of prerequisites: in order to fulfill the Mathematics requirement, students can complete either JEB005 or JEB118}, JEB003
Is incompatible with: JEB007
Is pre-requisite for: JEB108, JEB016, JEB147
Is interchangeable with: JEB007
In complex pre-requisite: JEB053
Annotation -
Last update: PhDr. Lenka Šťastná, Ph.D. (24.10.2019)
The course builds on introductory microeconomics course (JEB003, JEB101), extends the old and introduces new concepts while standard analytic methods are applied. It focuses on the theory of consumer behavior. Specific topics include consumer preferences, optimal choice, consumer demand, revealed preferences, measurement of welfare changes, choice under uncertainty, intertemporal choice.
Syllabus -
Last update: PhDr. Lenka Šťastná, Ph.D. (31.01.2023)

Preliminary structure of the course

 

Date

Hours

Topic

Varian,

Chapter

13.02.2023

12:30-13:50

Lecture 1: Introduction to microeconomics

1

13.02.2023

14:00-15:20

Lecture 2: Consumer theory: Budget constraint

2

14.02.2023

12:30-13:50

Tutorial session 1 and 2 (Group 1)

 

15.02.2023

17:00-18:20

Tutorial session 1 and 2 (Group 2)

 

20.02.2023

12:30-13:50

Lecture 3: Consumer preferences

3

20.02.2023

14:00-15:20

Lecture 4: Utility, utility function, monotonic transformation

4

21.02.2023

12:30-13:50

Tutorial session 3 (Group 1)

 

22.02.2023

17:00-18:20

Tutorial session 3 (Group 2)

 

27.02.2023

12:30-13:50

Lecture 5: Consumer choice, Kuhn-Tucker conditions

5

27.02.2023

14:00-15:20

Tutorial session 4 – Utility (all groups)

 

28.03.2023

12:30-13:50

Tutorial session 5 (Group 1)

 

01.03.2023

17:00-18:20

Tutorial session 5 (Group 2)

 

06.03.2023

12:30-15:20

Lecture 6: Demand and elasticities

6, 15

07.03.2023

12:30-13:50

Tutorial session 6 (Group 1)

 

08.03.2023

17:00-18:20

Tutorial session 6 (Group 2)

 

13.03.2023

12:30-15:20

Lecture 7: Hicksian decomposition of SE and IE

8

13.03.2023

12:30-13:50

Lecture 8: Expenditure minimization and Hicksian demand

 

14.03.2023

12:30-13:50

Tutorial session 7 (Group 1)

 

15.03.2023

17:00-18:20

Tutorial session 7 (Group 2)

 

20.03.2023

12:30-13:50

Lecture 9: Duality (Nechyba, ch.10 & Gravelle-Rees, ch. 3)

 

20.03.2023

14:00-15:20

Tutorial session 8 – Expenditure minimization (all groups)

 

21.03.2023

12:30-13:50

Tutorial session 9 (Group 1)

 

22.03.2023

17:00-18:20

Tutorial session 9 (Group 2)

 

27.03.2023

12:30-15:20

Lecture 10: Welfare evaluation of economic changes

14

28.03.2023

12:30-13:50

Tutorial session 10 (Group 1)

 

29.03.2023

17:00-18:20

Tutorial session 10 (Group 2)

 

03.04.2023

12:30-15:20

Lecture 11: Revealed preferences

7

03.04.2023

14:00-15:20

Lecture 12: Slutsky decomposition of SE and IE

8

04.04.2023

12:30-13:50

Tutorial session 11 (Group 1)

 

05.04.2023

17:00-18:20

Tutorial session 11 (Group 2)

 

10.04.2023

 

No class (Easter Monday)

7

11.04.2023

12:30-13:50

Tutorial session 12 (Group 1)

 

12.04.2023

17:00-18:20

Tutorial session 12 (Group 2)

 

17.04.2023

12:30-13:50

Lecture 13: Buying and selling 

9

17.04.2023

14:00-15:20

Lecture 14: Labor supply

9

18.04.2023

12:30-13:50

Tutorial session 13, 14 (Group 1)

 

19.04.2023

17:00-18:20

Tutorial session 13, 14 (Group 2)

 

24.04.2023

12:30-13:50

Lecture 15: Decision-making over time

10

24.04.2023

14:00-15:20

Lecture 16: Decision-making under uncertainty I

12

25.04.2023

12:30-13:50

Tutorial session 15 (Group 1)

 

26.04.2023

17:00-18:20

Tutorial session 15 (Group 2)

 

01.05.2023

 

No class  (public holiday)

 

02.05.2023

12:30-13:50

Lecture 17: Decision-making under uncertainty II

 

03.05.2023

17:00-18:20

Tutorial session 16, 17 (Group 2)

 

08.05.2023

 

No class (public holiday)

 

09.05.2023

12:30-13:50

Tutorial session 16, 17 (Group 2)

 

10.05.2023

17:00-18:20

No tutorial (Rector's Day)

 

 

 

 
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