MICROECONOMICS (4 Credits)

Learning Outcomes:

On successful completion of this course, students will be able to: Identify themes of microeconomics and market; Explain poducers, consumer and competitive markets; Differentiate structure conduct and performance market; Calculate production, cost production and equilibrium market; Analyze case according of subject microeconomics theory.

Topics:

1. Introduction to Themes of Microeconomics;
2. The Basic of Supply and Demand;
3. Consumer Behavior;
4. Individual and market demand;
5. Uncertainty and consumer behavior;
6. Production;
7. The cost of production;
8. Profit Maximization;
9. The Analysis of competitive markets;
10. Market Power on Monopoly;
11. Market Power on Monopsony;
12. Pricing with Market Power;
13. Monopolistic and oligopoly competition;
14. Game Theory and Competitive Strategy;
15. Market for actor Inputs;
16. General Equilibrium and Economic Efficiency;
17. Investment, time, and capital markets;
18. Markets with asymentric information;
19. Externalitas and public goods.