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Microeconomics II

Subject content:

The course provides a thorough knowledge in microeconomic theory and how the theory can be applied to analyse strategic aspects of firm behaviour 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 formulate and, with an emphasis on the Lagrange method and multiplicative functional forms, mathematically solve economic optimization problems.

The course starts with a review of consumer behaviour and optimal consumer choice as well as analyses of the individual’s and the market demand. After this, we discuss the optimization problems of firms including optimal production decision and the link between costs and supply. We then discuss the alternative pricing strategies of firms. Furthermore, we analyse market equilibria and welfare effects given different market structures and how different markets and market agents are affected by public policies.

Course implementation:

The course uses different teaching methods to promote students' learning and discussions through: 

Lectures, a project work and exercises.

The course focuses on the following general competences:

Critical thinking, problem solving, scientific methods

The following components are compulsory:

Compulsory exercises

Course evaluation

Additional course evaluations for NA0196

Academic year 2023/2024

Microeconomics II (NA0196-40169)

2024-03-20 - 2024-06-02

Syllabus and other information

Litterature list

Microeconomic Theory - Basic Principles and Extensions, 12th edition, by W. Nicholson & C. Snyder. ISBN: 9781305505797

Microeconomics: theory and applications with calculus, 4th edition, by Jeffrey M. Perloff.

Course facts

The course is offered as an independent course: Yes The course is offered as a programme course: Political Science - Sustainable Development (BSc) Agricultural Business and Economics Business and Economics - Sustainable Development (BSc) Tuition fee: Tuition fee only for non-EU/EEA/Switzerland citizens: 26170 SEK Cycle: Bachelor’s level (G1F)
Subject: Economics
Course code: NA0196 Application code: SLU-40127 Location: Uppsala Distance course: No Language: Swedish Responsible department: Department of Economics Pace: 100%