course-details-portlet

SØK1023 - Microeconomic Analysis

About

New from the academic year 2024/2025

Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 3 hours C

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.

Required previous knowledge

None

Course materials

Announced at the beginning of the term

Credit reductions

Course code Reduction From To
SØK1002 7.5 AUTUMN 2024
More on the course

No

Facts

Version: 1
Credits:  7.5 SP
Study level: Foundation courses, level I

Coursework

Term no.: 1
Teaching semester:  SPRING 2025

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics
  • Social Sciences
Contact information
Course coordinator:

Department with academic responsibility
Department of Economics

Timetable

List view
Calendar view

Examination

Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Spring ORD School exam 100/100 C INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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