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Бакалавриат 2024/2025

Микроэкономика 1

Направление: 38.03.01. Экономика
Когда читается: 2-й курс, 1, 2 модуль
Формат изучения: без онлайн-курса
Охват аудитории: для своего кампуса
Язык: английский
Кредиты: 5

Course Syllabus

Abstract

Microeconomics-1 is a one-semester course for second year students. In the course of Microeconomics-1 students are expected to deepen their understanding of basic concepts, add further tools of analysis and develop their skills in applying theory to economic problems using graphical and algebraic analysis as well as intuitive explanation. Intermediate Microeconomics is a core discipline under world standards. It forms the basis of further economic studies in applied disciplines such as: industrial organisation, public sector economics, labour economics, international economics, corporate finance, development economics, etc. The course is taught in English. The students are also studying for a Russian degree in Economics, and knowing Russian terminology through reading in Russian is also required. Pre-requisites: Students are supposed to be competent in basic economic analysis and calculus. The course itself provides a basis (and so serves as a prerequisite) for Microeconomics 2.
Learning Objectives

Learning Objectives

  • to expand the students’ knowledge in the field of microeconomics and develop skills for analysis of real economic situations
  • to provide students with the knowledge of basic microeconomic models' assumptions, internal logic and predictions, grounding the explanations on intuitive and graphical approach with addition of some algebra and calculus studied simultaneously in the course of Mathematics for Economists
  • to develop the students' ability to apply the knowledge acquired to the analysis of specific economic cases, recognising the proper framework of analysis and constructing the adequate economic models within this framework
Expected Learning Outcomes

Expected Learning Outcomes

  • define key concepts and describe the models and methods used in economic analysis
  • formulate real world issues in the language of economic modelling
  • apply and use the economic models to analyse these issues
  • discuss the potential and limitations of the models and methods used in economic analysis
Course Contents

Course Contents

  • The Theory of Consumer Behaviour
  • The Theory of the Firm
  • Markets and Market Structure
  • Factor Markets
  • Welfare economics and the role of government
Assessment Elements

Assessment Elements

  • non-blocking Home assignments
    Normally home assignments are offered once per week (to be submitted via smart lms), average mark is included into the final grade.
  • non-blocking Control paper
    Unsween in-class written paper
  • blocking Final exam
    Unseen in-class written paper In order to get a passing grade for the course, the student must sit the exam (all parts of the exam if the exam is divided into parts).
Interim Assessment

Interim Assessment

  • 2024/2025 2nd module
    0.29 * Control paper + 0.63 * Final exam + 0.08 * Home assignments
Bibliography

Bibliography

Recommended Core Bibliography

  • Economics, Begg, D., 2005
  • Intermediate microeconomics : a modern approach, Varian, H. R., 2014

Recommended Additional Bibliography

  • Workouts in intermediate microeconomics, Bergstrom, T. C., 1999

Authors

  • Fridman Alla Aleksandrovna