Microeconomics (BØK265)


Course description for study year 2024-2025

Facts

Course code

BØK265

Version

1

Credits (ECTS)

10

Semester tution start

Spring

Number of semesters

1

Exam semester

Spring

Language of instruction

Norwegian

Offered by
Time table

View course schedule

Content

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

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. 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

Required prerequisite knowledge

None

Recommended prerequisites

BØK108 Mathematical method for economists, BØK135 Mathematical analysis for economy and social science

Exam

Form of assessment Weight Duration Marks Aid
Written exam 1/1 4 Hours Letter grades Valid calculator

Coursework requirements

Online test

Course teacher(s)

Course coordinator:

Gorm Kipperberg

Study Program Director:

Tarjei Mandt Larsen

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, Introduction to economics ( BØK105_1 IND100_1 ) 10
Microeconomic analysis (BHO250_3) 10
Microeconomic analysis, Microeconomic analysis ( BHO250_2 BHO250_3 ) 20
Service economics (BHO250_4) 5

Open for

Civil Engineering - Bachelor in Engineering Computer Science - Bachelor in Engineering Electrical Engineering - Bachelor in Engineering Business Administration - Bachelor's Degree Programme Industrial Economics - Master of Science Degree Programme, Five Year Petroleum Engineering - Master of Science Degree Programme, Five Years

Course assessment

There must be an early dialogue between the course supervisor, the student union representative and the students. The purpose is feedback from the students for changes and adjustments in the course for the current semester.In addition, a digital subject evaluation must be carried out at least every three years. Its purpose is to gather the students experiences with the course.

Literature

Search for literature in Leganto