Microeconomics (BØK265)
Course description for study year 2025-2026. Please note that changes may occur.
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
Admission requirements
General university admissions certification (GSK)
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 | Two hand written A4-page with notes 1), Valid calculator, |
1) The pages can contain notes and formulas
Course teacher(s)
Course coordinator:
Gorm KipperbergStudy Program Director:
Tarjei Mandt LarsenOverlapping 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
Admission requirements
General university admissions certification (GSK).
Course assessment
The faculty decides whether early dialogue should be conducted in all or selected groups of courses offered by the faculty. The purpose is to gather feedback from students for making changes and adjustments to the course during the current semester. In addition, a digital evaluation, students’ course evaluation, must be conducted at least once every three years. Its purpose is to collect students` experiences with the course.