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Бакалавриат 2021/2022

Микроэкономика 1

Статус: Курс обязательный
Направление: 38.03.01. Экономика
Когда читается: 2-й курс, 1-4 модуль
Формат изучения: с онлайн-курсом
Онлайн-часы: 32
Охват аудитории: для своего кампуса
Преподаватели: Белков Альберт Сергеевич, Векилян Армине Вагенаковна, Ворчик Андрей Денисович, Дашаев Муслим Исаевич, Кивинен Стивен Виллиам, Попова Валерия Сергеевна, Ракута Наталья Владимировна, Татаринова Елизавета Сергеевна
Язык: английский
Кредиты: 5
Контактные часы: 78

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
Course Contents

Course Contents

  • Introduction to microeconomics.
  • Consumer choice.
  • The firm.
  • Perfect competition.
  • Monopoly.
  • Market structure and imperfect competition.
  • Inputs to production: the labour market.
  • General equilibrium and welfare economics.
  • Missing markets and the role of government.
Assessment Elements

Assessment Elements

  • non-blocking written home assignments in Fall term
  • non-blocking midterm test in the middle of Fall semester
  • non-blocking exam at the end of the Fall semester
    Online format
  • non-blocking midterm test in the middle of the Spring semester
  • non-blocking final exam by the end of the Spring semester
    University of London exam grade for the students studying the course for both Internal and International degrees are available at https://london.ac.uk/sites/default/files/regulations/progregs-emfss-2021-2022.pdf; Internal exam grade for the students studying the course for HSE degree only
Interim Assessment

Interim Assessment

  • 2021/2022 2nd module
    0.55 * exam at the end of the Fall semester + 0.25 * midterm test in the middle of Fall semester + 0.2 * written home assignments in Fall term
  • 2021/2022 4th module
    0.35 * 2021/2022 2nd module + 0.4 * final exam by the end of the Spring semester + 0.25 * midterm test in the middle of the Spring semester
Bibliography

Bibliography

Recommended Core Bibliography

  • Intermediate microeconomics : a modern approach, Varian, H. R., 2014

Presentation

  • Syllabus

Authors

  • RAKUTA NATALYA VLADIMIROVNA
  • KIVINEN Stiven Villiam