Master’s studies

Syllabus for Economics/Microeconomic Theory

Economics/Microeconomic Theory

Syllabus

  • 7.5 credits
  • Course code: 2NE910
  • Education cycle: Second cycle
  • Main field(s) of study and in-depth level: Economics A1N
  • Grading system: Fail (U), Pass (G), Pass with distinction (VG).
  • Established: 2007-01-24
  • Established by: The Faculty Board of Social Sciences
  • Revised: 2017-02-22
  • Revised by: The Department Board
  • Applies from: week 09, 2017
  • Entry requirements: A Bachelor's degree, equivalent to a Swedish Kandidatexamen, from an internationally recognised university.
    Also required is 60 credits in economics and 15 credits in statistics (or closely related subject).
  • Responsible department: Department of Economics

Learning outcomes

Upon completion of the course, the student is expected to have a sound understanding of the formal core theories of microeconomics.

Content

Innehåll: This course provides deeper insights into the core elements of microeconomic theory such as consumer demand, producer supply and general equilibrium analysis. It emphasises mathematical analysis in developing the theory, but also explores its relationship with graphical analysis and formal economic reasoning. The course begins with the mathematics of optimisation, the models of consumer and firm behaviour, and moves on to market coordination of individual decisions. The model is closed with the theory of general competitive equilibrium. While the course focuses on the theoretical framework of microeconomic analysis, there will also be some applications presented to illustrate the use of these analytical tools.

Instruction

The course consists of a series of lectures and problem solving sessions.

Assessment

The course will be concluded by a written exam. There are three grades: pass with distinction (VG), pass (G) and fail (U).

Reading list

Applies from: week 22, 2017

  • Gravelle, Hugh Rees, Ray Microeconomics

    3. ed.: Harlow: Prentice Hall, 2004

    Find in the library

    Mandatory