Objectives and competences
1. Knowledge in the field of theoretical and applied microeconomic analysis.
2. Insight into the functioning of market mechanisms.
3. Analysis of pricing by firms with market power.
Content (Syllabus outline)
Market Mechanism and Prices;
Consumer Behavior and Demand Analysis;
Production Function and Cost Analysis;
Supply Decision and Competitive Markets;
Market Structure I.: Monopoly;
Pricing with Market Power;
Market Structure II.: Monopolistic Competition and Oligopoly.
Readings
Pindyck S. Robert, Rubinfeld L. Daniel. 2013. Microeconomics. 8/E, London: Pearson.
Additional information on implementation and assessment Written examination 100%
