EPN-V2

ØASØK2000 Microeconomics II Course description

Course name in Norwegian
Mikroøkonomi II
Study programme
Bachelor Programme in Business Administration and Economics
Oslo Business School, Exchange Programme
Weight
7.5 ECTS
Year of study
2023/2024
Curriculum
FALL 2023
Schedule
Programme description
Course history

Introduction

Randi Wærdahl and Wenche Bekken

Recommended preliminary courses

The course builds on the introductory course in Microeconomics 1.

Required preliminary courses

For those who take this course as an elective, it is recommended that students have SSA4000 Perspectives in Social Studies from Department of Social Work, Child Welfare and Social Policy, or similar course from somewhere else, which provides a basis for applying different theories and perspectives in the analysis of social issues.

Learning outcomes

After completing the course, the student should have the following overall learning outcomes defined in terms of knowledge, skills and general competence:

Knowledge

The student has knowledge of

  • the basic economic theories explaining the behaviors of consumers and firms
  • the market structure
  • the economics of information
  • game theory in analyzing strategic behaviour
  • the applications of behavioral economics

Skills

The student can

  • use economic concepts to explain consumer and firm behaviour
  • use economic reasoning to discuss economic policies
  • formulate and analyze strategic interactions

General competence

The student can

  • develop insights to critically address economic issues
  • engage in analytical discussions of economic policies

Teaching and learning methods

The course material is discussed in lectures.

Course requirements

No coursework requirements or compulsory activities. 

Assessment

The exam in the course is a supervised exam of 4 hours.

Permitted exam materials and equipment

The following aids are permitted:

  • One dictionary (native language-English/English-native language or English-English).
  • Calculator (see regulations for the use of calculators in the programme description)

Grading scale

Grade scale A - F

Examiners

The exam papers are assessed by one internal and one external examiner.

At least 25% of the exam papers will be assessed by two examiners. The grades awarded for the papers assessed by two examiners form the basis for determining the level for all the exam papers.

Course contact person

Tapas Kundu