2013/2014 BA-HA_HU4P Principles of microeconomics - from Adam Smith to John Nash (a theoretical approach)
English Title | |
Principles of microeconomics - from Adam Smith to John Nash (a theoretical approach) |
Course information |
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Language | English |
Exam ECTS | 7.5 ECTS |
Type | Elective |
Level | Bachelor |
Duration | Summer |
Course period | Summer
Please check www.cbs.dk/summer for the course schedule. |
Time Table | Please see course schedule at e-Campus |
Study board |
Study Board for BSc in Economics and Business
Administration
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Course coordinator | |
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Main academic disciplines | |
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Last updated on 22-07-2013 |
Learning objectives | |||||||||||||||||||||
At the end of the course the student
should:
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Course prerequisites | |||||||||||||||||||||
One or preferably two semesters of calculus. | |||||||||||||||||||||
Prerequisites for registering for the exam | |||||||||||||||||||||
Compulsory assignments
(assessed approved/not approved)
Mandatory Mid-term Assignment: The Mid-term Assignment will be a closed-book one-hour exam consisting of multiple-choice questions. |
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Examination | |||||||||||||||||||||
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Course content and structure | |||||||||||||||||||||
This course is an introduction to
microeconomic theory and is designed to cover key microeconomic
concepts such as consumer/producer theory, choice under
uncertainty, equilibrium, perfect competition, welfare and
monopoly. In addition, the course will cover basic game-theory
concepts such as Nash and Subgame-Perfect Equilibria and will apply
it to the analysis of oligopolistic competition and market entry.
The course's development of personal competences: The course will develop personal competence inanalyzing and understanding economic phenomena, e.g., economic agents decision-making, formal understanding of laissez-faire versus social planner discussion; basic knowledge of game-theory and analysis of strategic interactions. |
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Teaching methods | |||||||||||||||||||||
Chalk-and-blackboard lectures,
slides, class discussion intended to relate the introduced
theoretical concepts to the observed economic phenomena, YouTube
videos.
Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings to be read before the start of classes with a related task or tasks in the first two classes in order to 'jump-start' the learning process. Preliminary Assignment: students should read the mathematical appendix in the end of the textbook, pp. A1 – A10. |
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Expected literature | |||||||||||||||||||||
Textbook: Hal Varian“Intermediate Microeconomics: A Modern Approach” Published byW. W. Norton & Company (2009). ISBN: 9780393935332. Chapters: 2-8, 12-16, 19-25, 28-29, 33. The reading is about 500 pages. |
Last updated on
22-07-2013