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BØK265_1

Microeconomics

This is the study programme for 2019/2020. It is subject to change.


Learning outcome

Knowledge outcomes: The students must be acquainted with the basics of microeconomic analysis, that is, the main results in production and consumer theory and the intuition underlying the main welfare theorems. Moreover, the student shall learn the basic concepts and results of monopoly power, externalities and public goods. Finally, the student is expected to learn the basic concepts and results of the economics of information, including the concept of moral hazard and adverse selection.
Skills: The students should be able to formulate and solve simple economic problems involving consumers and producers and the interaction between them.
General competance: Students should be able to identify the resource restrictions embedded in all economic decisions

Contents

  • Consumer and production theory
  • Market equilibrium
  • Monopoly power
  • Game theory
  • Public goods
  • Externalities
  • Taxation

Required prerequisite knowledge

None.

Recommended previous knowledge

BØK104 Statistics and social science methodology, BØK135 Mathematical analysis for economy and social science

Exam

Weight Duration Marks Aid
Written exam1/14 hoursA - FValid calculator.

Coursework requirements

Online test
Midterm exam (multiple choice). All students need to pass in order to take the final exam.

Course teacher(s)

Course coordinator
Ingeborg Caroline Foldøy Solli

Method of work

Overlapping courses

Course Reduction (SP)
Micro Economics (BØK105_1) 5
Public economics (BØK270_1) 5
Microeconomic analysis (BHO250_2) 10
Microeconomic analysis (BHO250_1) 10
Economic analysis (BHO200_1) 5
Economics and markets (IND200_1) 5
Introduction to economics (IND100_1) 5
Micro Economics (IND100_1) 10
Microeconomic analysis (BHO250_3) 10
Microeconomic analysis (BHO250_3) 20
Service economics (BHO250_4) 5

Open to

Civil Engineering - Bachelor's Degree Programme
Computer Science- Bachelor's degree programme in computer science
Control Engineering and Circuit Design - Bachelor's Degree Programme
Petroleum Technology - Bachelor's Degree Programme
Business Administration - Bachelor's Degree Programme
Industrial economics - Master's Degree Programme - 5 year
Petroleum Engineering - Master`s Degree programme in Petroleum Engineering, 5 years

Literature

Riis C., Moen E.R . (2017): Moderne Mikroøkonomi . Gyldendal.


This is the study programme for 2019/2020. It is subject to change.

Sist oppdatert: 13.11.2019

History