Course content:


  • The Working of Competitive Markets
  • Individual Decision-Making
  • Theories of the Firm
  • Market Structure
  • The Relationship between Government and Business


  • The Macroeconomic Environment of Business
  • The Balance of Payments and Exchange Rates
  • Money and Interest Rates
  • Monetary Policy
  • Fiscal Policy


Recommended literature and other sources:

GREGORY N. MANKIW, MARK P. TAYLOR: Microeconomics 2nd ed., Andover: South-Western/Cengage Learning, 2011, ISBN 978-1-4080-1791-3

GRAVELLE, REES RAY: Microeconomics 3rd ed., London: Prentice Hall, 2004, ISBN 0-582-40487-8

GREGORY N. MANKIW: Macroeconomics 7th ed., New York: Worth Publishers, 2010, ISBN 978-1-4292-1887-0

GREGORY N. MANKIW: Principles of economics 6th international ed., South-Western/Cengage Learning, 2012, ISBN 978-0-538-45342-4

IAN WORTHINGTON, CHRIS BRITTON: The business environment 3rd ed., Harlow: Financial Times, 2000, ISBN 0-273-64163-8

SLOMAN, M. SUTCLIFFE: Economics for business, London: Prentice-Hall, 1998, 607, ISBN 0-13-356254-9 (Czech Central bank), (Czech Ministry of Finance), (Czech Statistical Office), (Czech Ministry of Labour), (Eurostat)