Microeconomic Principles and Mathematics for Economics 7,5 CreditsIn the Microeconomic Principles course, students are introduced to basic concepts of consumer choice, production theory, the functioning of different markets, and the importance of prices for efficient resource allocations.
Course ContentsImportant elements of the course are:
- Consumer behavior in goods and factor markets,
- Producer behavior in goods and factor markets,
- Different market forms such as perfect competition and monopoly,
- The foundation of welfare theory,
- The cause and effect of market failure,
- Allocation and distribution effects from taxation,
- Externalities and their effect
Microeconomic theory typically utilizes graphical, algebraic, and calculus-based techniques. Training in the associated math is part of the course.
PrerequisitesGeneral entry requirements and English B, Mathematics C and Civics A and required grade Passed.
Exemption from the requirement of having Swedish course B is given.
Level of Education: Undergraduate
Course code/Ladok code: JMEG14
The course is conducted at: Jönköping International Business SchoolLast modified 2015-05-18 14:27:08