ECN410 Microeconomic Theory
Credits (ECTS):10
Course responsible:Olvar Bergland
Campus / Online:Taught campus Ås
Teaching language:Engelsk
Course frequency:Annually.
Nominal workload:300 hours
Teaching and exam period:This course starts in Spring parallel. This course has teaching/evaluation in Spring parallel.
About this course
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
Learning outcome
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 and presentations.
- The teacher is available during office hours.
- 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.
Portfolio assessment Grading: Passed / Not Passed - External examiner will evaluate the quality of the syllabus, and quality and appropriateness of the questions used in course exercises.
- The course will not be given in study year 2021/2022.
- Lectures: 2 hours each week. Laboratory: 2 hours each week.
- Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)