ECN410 Microeconomic Theory
Showing course contents for the educational year 2019 - 2020 .
Course responsible: Olvar Bergland
ECTS credits: 10
Faculty: School of Economics and Business
Teaching language: EN
Limits of class size:
Teaching exam periods:
This course starts in Spring parallel. This course has teaching/evaluation in Spring parallel.
Course frequency: Not given in Spring 2020, will be given next time in Spring 2021.
First time: Study year 2015-2016
The following topics will be covered:
- Optimization and prices
- Consumer choice and firm behavior
- Market equilibrium in exchange and production economies
- Dynamic optimization in discrete and continuous time
- Uncertainty and risk aversion
- Strategic equilibrium with symmetric or asymmetric information
The objective of this course is to give the successful student a deep understanding and command of the core of microeconomic theory: maximizing behavior and equilibrium outcomes.
Lectures, laboratory, exercises.
The teacher is available during office hours.
Selected chapters from J. G. Riley (2012): Essential Microeconomics. Cambridge University Press, Cambridge.
ECN302 Mathematics for Economists, ECN311 Microeconomics III
ECN312 Industrial Organisation
The evaluation of the student's effort in the course is pass/fail based on (completed and approved) written exercises.
Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)
Type of course:
Lectures: 2 hours each week. Laboratory: 2 hours each week.
External examiner will evaluate the quality of the syllabus, and quality and appropriateness of the questions used in course exercises.
Examination details: Continuous exam: Passed / Failed