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COURSE OUTLINE

Microeconomics Ι

1. General

School

School of Finance and Statistics

Academic Unit

Department of Banking and Financial Management

Level of Studies

Undergraduate

Course code

ΧΡΜΙΚ01

Semester

1st

Course Title

Microeconomics Ι

Idependent Teaching Activities

Weekly Teaching Hours

Credits

Lectures
4
7,5

Course Type

Core Course

Prerequite Courses

Language of Instruction and Examinations

Greek

Is the course offered to Erasmus Students?

Yes (in English)

Url (Eclass)

https://eclass.unipi.gr/courses/XTD207/

2. Learning Outcomes

Learning Outcomes

The course focuses on the basic techniques and tools of microeconomics.  It discusses the economic behavior of consumers and firms and the structure of markets.  It also examines the effects (positive or negative) of several relevant government policies at a microeconomic level.

After the successful completion of the course, students will be able to:

  • Understand the basic tools and techniques of microeconomics.
  • Understand the economic behavior of consumers and firms.
  • Understand the structure of markets.
  • Discuss several relevant government policies.
General Competences
  • Independent work.
  • Creative and analytical thinking.
  • Generation of new research ideas

3. Syllabus

  1. The 10 basic principles of economics.
  2. Thinking as economists.
  3. Supply and demand.
  4. Elasticity.
  5. Producers, consumers and the efficiency of markets.
  6. Supply, demand and government policies.
  7. The effects of taxation.
  8. International trade.
  9. Externalities.
  10. Decisions by firms.
  11. Perfect competition.
  12. Monopoly.
  13. Oligopoly.

4. Teaching and Learning Methods - Evaluation

Delivery

In Class

Use of Information and Communications Technology

Teaching Methods

Activity

Semester Workload

Lectures
52
Independent Study
135,5
Course Total
187,5

Student Performance Evaluation

Final Exam (100%)

  • Multiple Choice Questions
  • Written Questions

5. Attached Bibliography

Suggested Bibliography

Ν. Gregory Mankiw και Mark P. Taylor.  Οικονομική, 5η Έκδοση, Εκδόσεις Τζιόλα, 2021.

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