The course provides an introduction to the concepts and methods used to make a microeconomic analysis. The starting point is scarcity – that there are limited resources – and that society therefore needs to choose how the resources are to be distributed. The course consists of two modules. In the first module, the concepts and theories that form the basis of microeconomic models are introduced, mainly the supply and demand model. In the second module, models are applied to analyze markets in perfect competition, monopoly, oligopoly and when there are market failures.
Literature lists are published at the latest one month ahead of the course start date.
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In the learning platform Canvas you can find more information about the course.
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