ØASØK4100 Microeconomics Course description

The course will introduce students to the fundamental technical requirements for buildings, as well as the entire construction process and the organization and collaboration within the construction industry. Additionally, the focus will be on the use of digital solutions and the selection of sustainable options. Students will gain knowledge and develop skills to analyze, design, implement, and apply structural engineering solutions.

No requirements over and above the admission requirements.

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 in-depth knowledge of

• socio-economic theory of utility maximization and profit maximization
• socio-economic theory of markets
• socio-economic theory of taxation and other public interventions in markets
• cost-benefit analysis

Skills

The student ​

• has an analytical approach to solving problems
• can use mathematics to systematize and organize knowledge

General competence

The student can

• analyze demand and supply in different markets
• carry out a cost-benefit analysis
• participate in socio-economic discussions about public regulations and measures

The teaching is given as a combination of regular lectures and exercises. The exercises are examples of exam questions.

The following coursework requirements must have been approved for the student to take the exam:

• Coursework 1: Written submission (5-10 pages) which is carried out in groups of two or individually.

The mandatory assignment will give students an opportunity to apply the theories and the techniques covered in this course.

All required coursework must be completed and approved by the given deadline for the student to take the exam. If the coursework requirements have not been approved, the student will be given one opportunity to submit an improved version by a given deadline.

Individual written exam under supervision, 3 hours

The result of the exam can be appealed.

The following aids are permitted:

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

Grade scale A-F.

Two internal examiner. External examiners are used regularly.

Haidar Hosamo