Microeconomics 2105-EPE-L-D1MICR
1. Budget set
2. Preferences and utility function
3. Consumer optimal choice
4. Demand and demand aggregation
5. Market equilibrium and government interventions
6. Technology and production function
7. Cost function
8. Producer optimal choice
9. Perfect competition and monopoly
10. Monopolistic competition and oligopoly
11. Game theory
12. Externalities, public goods and asymmetry of information
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Term 2023Z:
1. Budget set |
Term 2024Z:
1. Budget set |
Prerequisites (description)
Course coordinators
Type of course
Mode
General: Classroom Blended learning | Term 2024Z: Blended learning Remote learning | Term 2023Z: Remote learning Blended learning |
Learning outcomes
After completing the course a graduate:
Knowledge:
• can assess individual entrepreneurship and can recognize different types of economic activities (K_W08)
• knows the theories explaining the functioning of input markets (capital markets and labor markets) (K_W09)
• can explain mechanisms of economic integration and consequences of the integration for both public sector and private sector (K_W10)
Skills:
• can analyse various economic phenomena in the European Union and interpret the process of economic globalization (K_U01)
• can identify the impact of economic factors on voting behavior (K_U01)
• can forecast basic economic indicators (K_U03)
• can evaluate solutions to specific economic problems in the European Union and Europe (K_U05)
Social competences:
• can contribute to the discussion on the economic challenges facing Europe and global markets (K_K01)
Assessment criteria
1. In order to be permitted to take the examination, students are required to have successfully completed the tutorial classes. In order to pass the tutorial classes, students are required to obtain a minimum of 50% of the total possible points available during the tutorial classes.
2. The examination will consist of multiple-choice questions.
3. In order to pass the examination, students are required to obtain a minimum of 50% of the available points.
4. The retake examination will be of the same format as the initial examination, comprising the same number of questions and following the same structure.
5. The final grade for the course will be determined on the basis of the grades achieved in the tutorial classes and the examination.
Bibliography
Readings: Varian H.R., 2002, Intermediate Microeconomics. A Modern Approach, 6th ed., New York and London: W.W. Norton & Co. (or later editions)
Suggested readings: Besanko, D., R. R. Braeutigam, Microeconomics, John Wiley & Sons, 2008
Bergstrom T. C., Varian, H. R., Workouts in Intermediate Microeconomics, W. W. Norton & Co Ltd., New York, London, 2014
Browning, E. K., Zupan M. A., Microeconomics: Theory and Applications, John Wiley & Sons, 2009
Case K. E., Fair R. C., Principles of Microeconomics, Prentice Hall, 2006
Hubbard G., O'Brien A. P., Microeconomics, Prentice Hall, 2007
Nicholson W., Microeconomic Theory: Basic Principles and Extensions, South- Western CollegePub, 2004
Pindyck R. S., Rubinfeld D. L., Microeconomics, Pearson Education, 2005
Varian H. R., Microeconomic Analysis, W. W. Norton & Company, 1992
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Term 2023Z:
Varian H.R., 2002, ''Intermediate Microeconomics. A Modern Approach", 6th ed., New York and London: W.W. Norton & Co. (or later editions) |
Term 2024Z:
Varian H.R., 2002, ''Intermediate Microeconomics. A Modern Approach", 6th ed., New York and London: W.W. Norton & Co. (or later editions) |
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: