ECH-21806 Microeconomics

Course

Credits 6.00

Teaching methodContact hours
Lecture24
Tutorial24
Independent study
Course coordinator(s)dr. PHM van Mouche
Lecturer(s)dr. D Drabik
dr. PHM van Mouche
Examiner(s)dr. PHM van Mouche
dr. D Drabik

Language of instruction:

English

Assumed knowledge on:

MAT-12806 Mathematics M (Mathematics for Social Sciences), and ECH-10406 Microeconomics and Behaviour or DEC-10306 Economics

Continuation courses:

ENR-22306 Public Sector Economics; ENR-21806 Environmental Economics in Practice; AEP-22806 Spatial and Regional Economics; AEP-21806 Agriculture Food and Policy; DEC-32306 International Trade and Development Policy; ECH-32306 Advanced Microeconomics; AEP-32306 Cost-Benefit Analysis and Environmental Valuation

Contents:

The course deals with the standard neoclassical microeconomic theory (consumer theory, producer theory, general equilibrium and welfare) at intermediate level.

Learning outcomes:

After successful completion of this course students are expected to be able to:
- explain and apply microeconomic consumer theory;
- explain and apply microeconomic producer theory;
- explain and apply game theory;
- explain and apply equilibrium theory;
- explain and apply welfare theory;
- explain and apply oligopoly theory.

Activities:

- lectures;
- tutorials and homework.

Examination:

Written exam consisting of multiple choice questions.
A bonus arrangement applies.

Literature:

Varian, H. Intermediate Microeconomics. (2014). Norton & Company, New York. (9th International student edition).
Bergstrom, T.C.; Varian, H.R. (2014). Workout in Intermediate Microeconomics. Norton & Company, New York. (9th edition).

ProgrammePhaseSpecializationPeriod
Compulsory for: BINInternational Development StudiesBScB: Economics of Development5AF
BEBEconomics and GovernanceBSc2AF
Restricted Optional for: MIDInternational Development StudiesMScB: Economics of Development2AF
MinorPeriod
Compulsory for: WUECPBSc Minor Economics and Policy5AF