Course NA1035

Introductory Microeconomics

7.5 Credits
First Cycle

Starts week 36, 2024

The course starts with a discussion about the concept of scarcity (that there are limited resources) and the trade-offs that this implies, since this is the basis for economic analysis. Thereafter the concept of opportunity cost and the implications of trade and specialization for production are explained. Following this introduction the focus will shift to the principles and methodology used in microeconomic analysis. First demand- and supply curves are described along with explanation on how they can be used in economic analysis of different markets, for example explaining the role of prices in the distribution of resources as well as analysing trade effects. Moreover it provides knowledge of the basics regarding the theories on consumer and producer behaviour and how these theories can be used for efficiency and welfare analysis. After this first part of the course is completed, the focus will shift towards imperfect markets and how microeconomic theory can be used to explain and analyse the effects of market failures. The role of the state and the effects of regulations (taxes, laws etc.) are also discussed in this part of the course. Furthermore, game theory and how it can be used in microeconomic analysis is introduced as well as the basics of labour market theory.
Starts and ends:
week 36, 2024 - week 45, 2024
Study Rate:
Time of Day:
Teaching form:
P: Course only offered as part of programme.
Entry Qualifications :
  • General entry requirements and Mathematics 3b or 3c or Mathematics C, Social Sciences 1b or 1a1+1a2, English 6
Selection :
Guarenteed admission
Application Code:
Main field of study:
Tuition Fee
First Tuition Fee Installment:
13,875 SEK
Total Tuition Fee:
13,875 SEK
EU/EEA Citizens or exchange students are not required to pay fees.
Information on application and tuition fees:
Closed for late application
Literature List

Literature lists are published at the latest one month ahead of the course start date.

To Literature List
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