PředmětyPředměty(verze: 845)
Předmět, akademický rok 2018/2019
   Přihlásit přes CAS
Microeconomics II - JEB108
Anglický název: Microeconomics II
Zajišťuje: Institut ekonomických studií (23-IES)
Fakulta: Fakulta sociálních věd
Platnost: od 2018 do 2018
Semestr: zimní
Body: 6
E-Kredity: 6
Způsob provedení zkoušky: zimní s.:
Rozsah, examinace: zimní s.:4/2 Zk [hodiny/týden]
Počet míst: 185 / 181 (185)
Minimální obsazenost: neomezen
Stav předmětu: vyučován
Jazyk výuky: angličtina
Způsob výuky: prezenční
Poznámka: předmět je možno zapsat mimo plán
povolen pro zápis po webu
při zápisu přednost, je-li ve stud. plánu
Garant: doc. PhDr. Julie Chytilová, Ph.D.
Vyučující: Stanislav Astapovich
Mgr. Kateřina Chadimová
doc. PhDr. Julie Chytilová, Ph.D.
Mgr. Tereza Palanská
Mgr. Ing. Šarlota Smutná, M.Sc.
Prerekvizity : {Skupina prerekvizit splnitelná buď JEB104 nebo JEB007}
Neslučitelnost : JEB008
Anotace - angličtina
Poslední úprava: doc. PhDr. Julie Chytilová, Ph.D. (09.09.2018)
The course builds on the introductory microeconomics course (JEB003) and on Microeconomics I (JEB104). It focuses on the theory of producer behaviour and market structure. Specific topics include technology, profit maximization and cost minimization, market structures (perfect competition, monopoly, oligopoly), externalities, asymmetric information.
Literatura - angličtina
Poslední úprava: doc. PhDr. Julie Chytilová, Ph.D. (12.09.2017)

Primer text: Hal R. Varian, Intermediate Microeconomics: A Modern Approach, W.W. Norton &Company, 8th edition, 2010. Many copies are available in the IES library.

Other useful textbooks are, for example:

  • T. Nechyba, Microeconomics: An Intuitive Approach with Calculus, South-Western, Cengage Learning
  • W. Nicholson/C. Snyder, Microeconomic Theory: Basis Principles and Extensions, South- Western
  • Schotter, Microeconomics: A Modern Approach, South-Western 2009


The primer text covers all main topics covered in the lectures. Any extensions presented at the lectures and not available in the Varian textbook can be downloaded from SIS.


In SIS, you will be able to download the lecture slides, seminar tasks and solutions, upload your home assignments and learn your grade - under the tab "Studijni mezivysledky", an icon with four blue figures.



Metody výuky - angličtina
Poslední úprava: doc. PhDr. Julie Chytilová, Ph.D. (11.09.2018)

There will be three types of classes: lectures, joint seminars for all students, regular seminars where the students will be divided into three groups and should pick one of the three seminars. In the seminars, we will review the concepts from the lectures and go through exercises which should sharpen the understanding of topics covered during the lectures.

Please see the table at the end of the attached syllabus for specific dates and times of the lectures and seminars. It is recommended that the students attend all lectures (blue color in the table), all joint seminars (orange) and regular seminars (light, dark or very dark green).   


During the semester, there will be two home assignments which should be prepared individually (not in groups) and handed out in electronic form via SIS. The assignments will be similar to numerical exercises presented at the seminars, but will be of higher difficulty.

The home assignments will be released and due on the following dates:

  • HA1: released on October 18, submission deadline on October 28.
  • HA2: released on November 29, submission deadline on December 9.
Požadavky ke zkoušce - angličtina
Poslední úprava: doc. PhDr. Julie Chytilová, Ph.D. (27.09.2018)

Grades and exams

The final grade will consist of three parts. In total you can get 100 points.

  • Two assignments (5 points each, in total 10 points)
  • Midterm exam (30 points)
  • Final exam (60 points).


Midterm exam: November 8th, 2018, 9:30-10:50am, in rooms 109 and 206.

There will be one midterm exam only. If you cannot attend the midterm exam you will be requested to provide confirmation that your health condition prevented you from attending it.


There will be four dates for the final exam:

  • December 20, 2018, 10:40am-12:20pm in room 109
  • January 17, 2019, 9:30-11:10am in room 109
  • January 31, 2019, 9:30-11:10am in room 109
  • February 14, 2019, 9:30-11:10am in room 109



  • A: 91-100
  • B: 81-90
  • C: 71-80
  • D: 61-70
  • E: 51-60
  • F: 0-50
Sylabus - angličtina
Poslední úprava: doc. PhDr. Julie Chytilová, Ph.D. (09.09.2018)


·         Production set and production function, isoquants

·         Marginal product and technical rate of substitution

·         Returns to scale

Profit maximization

·         Short-run and long-run optimization

·         Opportunity costs

Cost minimization

·         Cost function, isocost lines

·         Long-run and short-run costs

·         Sunk costs

Cost curves

·         Fixed and variable costs, marginal and average costs

·         Long-run cost curves - envelope

Firm supply

·         Pure competition

·         Supply decision of a competitive firm

·         Profits and producer’s surplus

Industry supply

·         Short-run and long-run industry supply

·         Economic rent


·       Double-oral and one-sided oral auctions

·       Private value and common value auctions

·       English, Dutch and sealed-bid auctions


·         What causes monopolies?

·         Monopolist’s profit

·         Inefficiency of monopoly

Price discrimination

·         First-degree price discrimination

·         Second-degree price discrimination

·         Third-degree price discrimination

·         Monopolistic competition


·         Stackelberg model

·         Cournot model

·         Bertrand model

·         Collusion


Asymmetric information

·         Adverse selection

·         Moral hazard

Vstupní požadavky - angličtina
Poslední úprava: doc. PhDr. Julie Chytilová, Ph.D. (09.09.2018)

Obligatory courses: JEB104 - Microeconomics I

Recommended courses: JEB003 - Economics I, JEB004 Economics II


When registering into SIS, please register to Lecture 2 (Thursday 11:00am-12:20pm) and to one of the available seminars (Monday 8:00-9:20am, or Tuesday 3:30-4:50pm, or Thursday 8:00-9:20am).


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