Studyinfo subject ØASØK2000 2019 HØST
ØASØK2000 Microeconomics II Course description
- Course name in Norwegian
- Mikroøkonomi II
- Study programme
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Bachelorstudium i økonomi og administrasjon / Oslo Business School, Exchange Programme
- Weight
- 7.5 ECTS
- Year of study
- 2019/2020
- Curriculum
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SPRING
2020
- Programme description
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- Course history
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Introduction
The course is an intermediate course in Microeconomics built on the introductory course in Microeconomics I. The course takes an analytical approach to study microeconomics. It intends to develop rigorous, logical reasoning to understand economic concepts. While a majority of the economic theories are treated verbally and graphically, simple models based on elementary calculus are also introduced to examine certain economic issues in detail.
Recommended preliminary courses
The course builds on the introductory course in Microeconomics I
Required preliminary courses
None
Learning outcomes
Knowledge
The student has knowledge of
- the basic economic theories explaining behaviours of consumers and firms
- the market structure
- the economics of information
- game theory in analysing strategic behaviour
- the applications of behavioural economics
Skills
The student can
- use economic concepts to explain consumer and firms- behaviour
- use economic reasoning to discuss economic policies
- formulate and analyse strategic interactions
Competence
The student can
- develop insights to critically address economic issues
- engage in analytical discussions of economic policies
Content
- Market structure
- Perfect competition
- Market power
- Game theory
- Imperfect competition
- Information economics
- Behavioural economics
Teaching and learning methods
The course material is discussed in lectures.
Course requirements
None.
Assessment
A written 4-hour exam will be held at the end of the semester.
Permitted exam materials and equipment
A list of reference aids allowed will be published on our website.
Grading scale
Letter grading A-F.
Examiners
The instructor and an external examiner will grade the exam.
Course contact person
Tapas Kundu