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SE-302-1 Advanced Microeconomics
Minimum 60 ECTS credits in Business Administration.
Upon successful completion of this course the student should have:
- fundamental knowledge of economic theories discussing how agents behave in a market characterized by perfect competition
- fundamental knowledge of economic theories discussing how agents behave in a market characterized by imperfect competition and economies of scale
- the ability to understand and apply economic models in markets with perfect competition
- the ability to understand and apply economic models in markets with imperfect competition
The course will concentrate on general microeconomic theory:
- consumer- and producer behaviour
- product- and factor input markets when competition is perfect
- markets with imperfect competition and asymmetric information
- criteria for efficient and fair resource allocation
- the main theorems of welfare economics
- sources of market failures
- economic politicy and sources of governing failures
Lectures 3 hours per week and group work.
Approved compulsory assignments. Further information will be given in Fronter.
4-hour written examination with graded marks.
First cycle i.e. bachelor level.
Normally third year.
Student Adviser Anne Line Omsland.
The syllabus will be published on the home page of the course when finalised. See link in the upper right hand corner of the page.
- 6 ECTS credits
SE-3100- 2 - 6 ECTS credits
Faculty of Economics and Social Sciences