Microeconomics (BØK265)


Course description for study year 2025-2026. Please note that changes may occur.

See course description and exam/assesment information for this semester (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

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 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

Open course for all students with an active right to study and who meet the requirements for general university admissions certification (GSK).

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.

Literature

Search for literature in Leganto