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NA0176

Microeconomics II - Business and Society

Information from the course leader

Varmt välkommen till Sveriges Lantbruksuniversitet och kursen Mikroekonomi II – Företag och samhälle!

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Hälsningar
Administrationen

Course evaluation

The course evaluation is now closed

NA0176-20126 - Course evaluation report

Once the evaluation is closed, the course coordinator and student representative have 1 month to draft their comments. The comments will be published in the evaluation report.

Additional course evaluations for NA0176

Academic year 2020/2021

Microeconomics II - Business and Society (NA0176-20121)

2020-11-02 - 2021-01-17

Academic year 2019/2020

Microeconomics II - Business and Society (NA0176-20088)

2019-11-01 - 2020-01-19

Academic year 2018/2019

Microeconomics II - Business and Society (NA0176-20146)

2018-11-06 - 2019-01-20

Academic year 2017/2018

Microeconomics II - Business and Society (NA0176-20101)

2017-10-31 - 2018-01-14

Syllabus

NA0176 Microeconomics II - Business and Society, 15.0 Credits

Mikroekonomi II - Företag och samhälle

Subjects

Economics

Education cycle

Bachelor’s level

Modules

Title Credits Code
Exam 12.0 0302
Applied optimization 2.0 0303
Applied analysis 1.0 0304

Advanced study in the main field

First cycle, has less than 60 credits in first-cycle course/s as entry requirements(G1F)

Grading scale

5:Pass with Distinction, 4:Pass with Credit, 3:Pass, U:Fail The requirements for attaining different grades are described in the course assessment criteria which are contained in a supplement to the course syllabus. Current information on assessment criteria shall be made available at the start of the course.

Language

Swedish

Prior knowledge

Knowledge equivalent to 10 hp Microeconomic and 30 hp Business Administration.

Objectives

The course provides a thorough understanding of microeconomic theory and how the theory can be used to analyse strategic aspects from a firm perspective as well as to analyse markets from a societal perspective.



On completion of the course, the student should be able to:



- Apply microeconomic theory to solve economic problems.

- Formulate and mathematically solve economic optimisation problems.

- Mathematically derive central economic relations and concepts.

- Apply consumption theory to analyse consumer behaviour and demand.

- Apply production and cost theory to formulate and analyse producers’ optimization problems and understand the link between the costs and the supply of firms.

- Analyse investment and financing decisions of the firm.

- Analyse pricing strategies of firms and how these affect the market.

- Apply microeconomic theory and mathematical methods to analyse equilibria and welfare effects in different types of markets.

- Apply microeconomic theory and mathematical methods to analyse how different agents are affected by public policies.

- Apply game theory to analyse the strategic behaviour of firms.

Content

The course provides a thorough knowledge in microeconomic theory and how the theory can be used to analyse strategic aspects of firm behaviour and as well as to analyse markets from a societal perspective. Besides knowledge in economic theory it is during the course emphasised that the student should learn how to derive central economic relations and concepts as well as being able to solve economic problems mathematically.



The course starts with an extended review of consumer behaviour, optimal choice, and market demand. After this, we discuss the optimization problems of firms including optimal production decision and the link between costs and supply. Then we discuss the investment and financing decisions of firms which is followed by a discussion of alternative pricing strategies. Finally, we analyse market equilibria and welfare effects given different market structures and how different agents are affected by public policies. The course content is presented and discussed in a series of scheduled lectures and exercises.

Formats and requirements for examination

Examination will be based on written exam and assignments.

Requirements for a passing grade: passed exam and passed assignments.
  • If the student fails a test, the examiner may give the student a supplementary assignment, provided this is possible and there is reason to do so.
  • If the student has been granted special educational support because of a disability, the examiner has the right to offer the student an adapted test, or provide an alternative assessment.
  • If changes are made to this course syllabus, or if the course is closed, SLU shall decide on transitional rules for examination of students admitted under this syllabus but who have not yet passed the course.
  • For the examination of a degree project (independent project), the examiner may also allow the student to add supplemental information after the deadline. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Other information

  • The right to take part in teaching and/or supervision only applies to the course date to which the student has been admitted and registered on.
  • If there are special reasons, the student may take part in course components that require compulsory attendance at a later date. For more information on this, please refer to the regulations for education at Bachelor's and Master's level.

Responsible department

Department of Economics

Further information

Determined by: Programnämnden för utbildning inom naturresurser och jordbruk (PN - NJ)
Replaces: NA0162

Grading criteria

There are no Grading criteria posted for this course

Litterature list

  1. Microeconomic Theory - Basic Principles and Extensions, 12th edition Författare: C. Snyder & W. Nicholson ISBN: 9781305505797 Kommentar: Notera att boken finns i flera olika varianter vilka kan skilja mycket i pris.
  2. Microeconomics: theory and applications with calculus, 4th edition Författare: Jeffrey M. Perloff

Course facts

The course is offered as an independent course: Yes Tuition fee: Tuition fee only for non-EU/EEA/Switzerland citizens: 26165 SEK Cycle: Bachelor’s level
Subject: Economics
Course code: NA0176 Application code: SLU-20126 Location: Uppsala Distance course: No Language: Swedish Responsible department: Department of Economics Pace: 100%