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FP-EmePAcad. year: 2017/2018
a) The principles of mathematical modelling in economics. economic models, endogenous and exogenous variables, ceteris paribus conditions, comparative staticsb) Interpretations of basic tools of calculus of functions in economics, marginal economic quantities c) Demand and supply, equilibrium problems, comparative statics tasks, consumer´s and producer´s surplus d) Revenue, cost and profit, break-even points, optimization principles, construction of supplye) Elasticity of demand and supply, decision making using elasticityf) Production, factors of production, one- and two-factor models of production, isoquants, Cobb-Douglas functions, marginal rate of labour and capital, marginal rate of technical substitution g) Utility, ordinal model, utility function, utility curves, marginal utility, marginal rate of commodity substitutionh) National income, simplified macroeconomic model, consumption and saving, marginal propensity to consume and to save, I-G, I-G-T and IS-LM models of national economy
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branch MGR-EBF , 1 year of study, winter semester, compulsory
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