Course - Microeconomic Analysis - SØK1023
Microeconomic Analysis
Choose study yearNew from the academic year 2024/2025
About
About the course
Course content
This course focuses on the behavior of households and firms under different economic constraints. General equilibrium theory is also introduced.
Learning outcome
Knowledge
You learn
- definitions of key microeconomic concepts
- how the consumer's demand for goods and services is affected by prices and income
- how the firm's supply and it’s demand for inputs are affected by product- and factor prices
- how the microeconomic analytical tools can be applied to specific issues
Skills
You should be able to
- explain the microeconomic concepts and optimal choice of consumers and firms
- analyze specific issues using graphical and mathematical analysis
General competence
You should be able to
- follow economic reasoning related to the course in the public debate and professional reports
Learning methods and activities
2 hours of lectures every week and 2 hours of practical assignment every other week. The course has compulsory activity. Specific requirements will be announced at the beginning of the term.
Compulsory assignments
- Mandatory activity
Further on evaluation
Compulsory activity must be completed in the semester the course is taught. The approval also applies to later semesters.
Approved compulsory activity from SØK1002 Microeconomic analysis also applies to this course.
Recommended previous knowledge
None
Required previous knowledge
None
Course materials
Announced at the beginning of the term
Credit reductions
| Course code | Reduction | From |
|---|---|---|
| SØK1002 | 7.5 sp | Autumn 2024 |
Subject areas
- Economics
- Social Sciences
Contact information
Course coordinator
Department with academic responsibility
Examination
Examination
Ordinary examination - Spring 2025
School exam
The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.