Microeconomics I 110501-D
Ćwiczenia (CW) Semestr zimowy 2020/21

Microeconomics as a discipline.

Tools of microeconomic analysis.

Economic agents - households, firms, government.

Demand, supply and the market.

Modeling the markets.

Reaction of demand to changes in prices and income - types of elasticity, classification of goods involved.

Types and organization of firms - revenue, cost and profit.

Introduction to the theory of production - production and cost functions in the short - and long run; technical and economic optimality - part 1.

Introduction to the theory of production - production and cost functions in the short - and long run; technical and economic optimality - part 2.

Perfect competition - part 1.

Perfect competition - part 2.

Monopoly.

Monopsony.

Markets for factors of production - labour.

Markets for factors of production - capital.