Course

Microeconomics (BØK265)

The course gives an introduction to the basic models and notions in microeconomics, that is consumer theory, production theory and market theory. Students will also be introduced to basic models of market failure, game theory and asymmetric information. Students will be able to reason based on graphs and standard optimization problems, and they will develop both intuition and technical skills during the course.


Dette er emnebeskrivelsen for studieåret 2016-2017. Merk at det kan komme endringer.

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

Semesters

Fakta

Emnekode

BØK265

Vekting (stp)

10

Semester undervisningsstart

Autumn

Undervisningsspråk

Norwegian

Antall semestre

1

Vurderingssemester

Autumn

Timeplan

Vis timeplan

Content

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

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.

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

Forkunnskapskrav

Ingen

Anbefalte forkunnskaper

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

Vilkår for å gå opp til eksamen/vurdering

, Online test,

Fagperson(er)

Course coordinator:

Gorm Kipperberg

Study Program Director:

Tarjei Mandt Larsen

Overlapping

Emne Reduksjon (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

Åpent 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

Litteratur

Riis C., Moen E.R . (2012): Moderne Mikroøkonomi . Gyldendal.

Kontakt

Course coordinator:

Gorm Kipperberg

Study Program Director:

Tarjei Mandt Larsen

Tilbys av

UiS Business School

UiS School of Business and Law

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