Course

Microeconomics (BØK265)


Course description for study year 2019-2020. Please note that changes may occur.

See course description and exam/assesment information for this semester (2024-2025)

Semesters

Facts

Course code

BØK265

Credits (ECTS)

10

Semester tution start

Autumn

Language of instruction

Norwegian

Number of semesters

1

Exam semester

Autumn

Time table

View course schedule

Content

  • Consumer and production theory
  • Market equilibrium
  • Monopoly power
  • Game theory
  • Public goods
  • Externalities
  • Taxation

Learning outcome

Knowledge outcomes: The students must be acquainted with the basics of microeconomic analysis, that is, the main results in production and consumer theory and the intuition underlying the main welfare theorems. Moreover, the student shall learn the basic concepts and results of monopoly power, externalities and public goods. Finally, the student is expected to learn the basic concepts and results of the economics of information, including the concept of moral hazard and adverse selection.

Skills: The students should be able to formulate and solve simple economic problems involving consumers and producers and the interaction between them.

General competance: Students should be able to identify the resource restrictions embedded in all economic decisions

Required prerequisite knowledge

None

Recommended prerequisites

Statistics and social science methodology (BØK104)

Exam

Form of assessment Weight Duration Marks Aid Exam system Withdrawal deadline Exam date
Written exam 1/1 4 Hours Letter grades Two hand written A4-page with notes 1), Valid calculator, English-Norwegian dictionary Inspera assessment — —

1) The pages can contain notes and formulas

Coursework requirements

, Online test,
Midterm exam (multiple choice). All students need to pass in order to take the final exam.

Course teacher(s)

Course coordinator:

Gorm Kipperberg

Study Program Director:

Tarjei Mandt Larsen

Overlapping courses

Course Reduction (SP)
Micro Economics (BØK105_1) , Microeconomics (BØK265_1) 5
Microeconomics (BØK265_1) , Public economics (BØK270_1) 5
Microeconomic analysis (BHO250_2) , Microeconomics (BØK265_1) 10
Microeconomic analysis (BHO250_1) , Microeconomics (BØK265_1) 10
Economic analysis (BHO200_1) , Microeconomics (BØK265_1) 5
Microeconomics (BØK265_1) , Introduction to economics (IND100_1) 5
Micro Economics (BØK105_1) , Microeconomics (BØK265_1) , Introduction to economics (IND100_1) 10
Microeconomic analysis (BHO250_3) , Microeconomics (BØK265_1) 10
Microeconomic analysis (BHO250_2) , Microeconomic analysis (BHO250_3) , Microeconomics (BØK265_1) 20
Service economics (BHO250_4) , Microeconomics (BØK265_1) 5

Open for

Civil Engineering - Bachelor in Engineering Computer Science - Bachelor in Engineering Electrical Engineering - Bachelor's Degree Programme Petroleum Technology - Bachelor in Engineering Business Administration - Bachelor's Degree Programme
Admission to Single Courses at UiS Business School
Industrial Economics - Master of Science Degree Programme, Five Year Petroleum Engineering - Master of Science Degree Programme, Five Years

Literature

Riis C., Moen E.R . (2017): Moderne Mikroøkonomi . Gyldendal.

Contact

Course coordinator:

Gorm Kipperberg

Study Program Director:

Tarjei Mandt Larsen

Offered by

UiS Business School

UiS School of Business and Law

The course description is retrieved from FS (Felles studentsystem). Version 1