Bachelor
2025/2026
Microeconomics-2
Type:
Elective course (Economics)
Delivered by:
Department of Theoretical Economics
When:
2 year, 1, 2 module
Open to:
students of one campus
Language:
English
Course Syllabus
Abstract
The course examines the organization of markets from a microeconomic perspective, the principles of microeconomic policy, and the role of government in allocating scarce resources. The topics include: perfect competition, pricing in the presence of market power, monopolistic competition, oligopoly, game theory and factor markets, general equilibrium and efficiency, markets with asymmetric information, externalities, and public goods. The course continues Microeconomics-1; however, it can also be treated as an independent discipline for exchange students. Module I (resp. II) of this course corresponds to Module III (resp. IV) of a generic undergraduate course in microeconomics. Prerequisites: Multivariable calculus; Microeconomics-1, including: consumer behaviour, intertemporal choice, uncertainty, production, perfectly competitive markets.