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Microeconomics BØK265


Course description for study year 2021-2022. 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

UiS Business School, UiS Business School

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

Content
  • Consumer and production theory
  • Market equilibrium
  • Monopoly power
  • Game theory
  • Public goods
  • Externalities
  • Taxation
Required prerequisite knowledge
None
Recommended prerequisites
BØK104 Statistics and social science methodology, BØK135 Mathematical analysis for economy and social science
Exam
Form of assessment Weight Duration Marks Aid
Written exam 1/1 4 Hours A - F Valid calculator.

Coursework requirements
Online test
Course teacher(s)
Course coordinator: Ingeborg Caroline Foldøy Solli
Open for
Civil Engineering - Bachelor's Degree Programme Computer Science- Bachelor's degree programme in computer science Control Engineering and Circuit Design - Bachelor's Degree Programme Petroleum Technology - Bachelor's Degree Programme Business Administration - Bachelor's Degree Programme Industrial economics - Master's Degree Programme - 5 year Petroleum Engineering - Master`s Degree programme in Petroleum Engineering, 5 years
Overlapping courses
Course Reduction (SP)
Micro Economics (BØK105) 5
Public economics (BØK270) 5
Microeconomic analysis (BHO250) 10
Microeconomic analysis (BHO250) 10
Economic analysis (BHO200) 5
Economics and markets (IND200) 5
Introduction to economics (IND100) 5
() 10
Microeconomic analysis (BHO250) 10
() 20
Service economics (BHO250) 5
Literature
Search for literature in Leganto