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COURSE OUTLINE

Microeconomics ΙI

1. General

School

School of Finance and Statistics

Academic Unit

Department of Banking and Financial Management

Level of Studies

Undergraduate

Course code

ΧΡΜΙΚ02

Semester

6th or 8th

Course Title

Microeconomics ΙI

Idependent Teaching Activities

Weekly Teaching Hours

Credits

Lectures
4
7,5

Course Type

Elective 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/modules/auth/courses.php?fc=64

2. Learning Outcomes

Learning Outcomes

The course focuses on advanced modeling techniques and tools of microeconomics. It discusses the microstructure of economic behavior of consumers and firms.

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

3. Syllabus

  1. The budget constraint.
  2. Consumer preferences.
  3. The concept of utility.
  4. Consumer choices.
  5. The microstructure of demand.
  6. The Slutsky equation.
  7. Uncertainty.
  8. Production technology.
  9. Profit maximization.
  10. Cost minimization.
  11. Cost curves.
  12. Oligopoly and game theory.
  13. General equilibrium

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%).

5. Attached Bibliography

Suggested Bibliography
  • Hal Varian. Μικροοικονομική, 3η Έκδοση, 2015.
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