Syllabus for Microeconomic Theory

Mikroekonomisk teori

Syllabus

  • 7.5 credits
  • Course code: 2NE811
  • Education cycle: Second cycle
  • Main field(s) of study and in-depth level: Economics A1N

    Explanation of codes

    The code indicates the education cycle and in-depth level of the course in relation to other courses within the same main field of study according to the requirements for general degrees:

    First cycle

    • G1N: has only upper-secondary level entry requirements
    • G1F: has less than 60 credits in first-cycle course/s as entry requirements
    • G1E: contains specially designed degree project for Higher Education Diploma
    • G2F: has at least 60 credits in first-cycle course/s as entry requirements
    • G2E: has at least 60 credits in first-cycle course/s as entry requirements, contains degree project for Bachelor of Arts/Bachelor of Science
    • GXX: in-depth level of the course cannot be classified

    Second cycle

    • A1N: has only first-cycle course/s as entry requirements
    • A1F: has second-cycle course/s as entry requirements
    • A1E: contains degree project for Master of Arts/Master of Science (60 credits)
    • A2E: contains degree project for Master of Arts/Master of Science (120 credits)
    • AXX: in-depth level of the course cannot be classified

  • Grading system: Fail (F), Sufficient (E), Satisfactory (D), Good (C), Very good (B), Excellent (A)
  • Established: 2019-05-14
  • Established by: The Department Board
  • Applies from: Autumn 2020
  • 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

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.

Reading list

Reading list

Applies from: Autumn 2022

Some titles may be available electronically through the University library.

  • Gravelle, Hugh Rees, Ray Microeconomics

    3. ed.: Harlow: Prentice Hall, 2004

    Find in the library

    Mandatory