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G MICRO Micro Economics ( efterår 2011 - 5 ECTS )

Rammer for udbud

  • Uddannelsessprog: engelsk
  • Niveau: BSc (B) Intl. Business (HAib)
  • Semester/kvarter: 1st semester
  • Timer per uge: 3 lessons + exercises, i.e.:   39 lectures (3 lessons in 13 weeks) 2 lessons ( exercises) in 7 weeks
  • Deltagerbegrænsning: -
  • Undervisningssted: Herning
  • Hovedområde: Det Samfundsvidenskabelige Fakultet
  • Udbud ID: 26117

Formål

 

Together with the courses Descriptive Economics, Macro
Economics and parts of International Business, Micro economics constitutes the
subject economics at the first four
semesters of the HA study programme.

 

The general purpose of economics is to provide the
students with a number of analysis tools and theoretical models which can be
used as overall understanding of how citizens, companies and public
organisations act in society.

 

The course Microeconomics is based on microeconomics
theory corresponding to an introductory level typically used at universities
both nationally and internationally.



The purpose is to create a basic understanding of economic
theories and models at individual, company and single market level.

Indhold

The basis of the course is the individual household (consumer) and the individual
company (producer) and how they act in a market. Therefore, it is important for
the students to gain insight into and understanding of the following core
microeconomic areas:

  • Personal use and maximisation of use and consumption theory
  • Production functions and cost theory in the short and long run and on different assumptions about variability
  • Price optimisation under different market forms and by using market power (complete competition, monopoly, monopolistic competition, oligopoly, price
    discrimination, etc.)
  • Market failure and market fraud and how these influence the price formation
    (asymmetric information, externalities, public goods)
  • Welfare economics.

Faglige forudsætninger

Degree students must have been admitted to the HAib study programme

Underviser

Ebbe Rasmussen

Undervisnings- og arbejdsform

Lectures, supplemented with exercises

Litteratur

 

Recommended reading:



Pindyck, Robert; Rubinfeld, Daniel: "Microeconomics". Pearson, latest edition

Udarbejdet af

One compulsory  exercise must be passed for being able to participate in the written examination

Written examination with no aids (except calculator).

Duration: 2 hours

Mark: The Danish 7-step scale.



The reexamination is the same as the ordinary; however, in case only five students attend the reexamination, the students will be tested at an oral examination instead.

Studieordning og bedømmelse


HA international management

  • Hj.opg.ind., bedømt efter 7-skala uden censur
  • PC-eksamen, bedømt efter 7-skala med ekstern censur