Intermediate Microeconomics
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Course code
RIM6026.YK
old course code
RIM6026
Course title in Estonian
Mikroökonoomika
Course title in English
Intermediate Microeconomics
ECTS credits
4.0
Assessment form
Examination
lecturer of 2023/2024 Spring semester
Not opened for teaching. Click the study programme link below to see the nominal division schedule.
lecturer of 2024/2025 Autumn semester
Not opened for teaching. Click the study programme link below to see the nominal division schedule.
Brief description of the course
Microeconomics examines the economic theory related to the operation of business firms, including supply, demand, elasticity, price determination, production function and production costs, perfect and unperfected competition, resource markets, uncertainty and information. Determining economic problems. The way a consumer and businesses make decisions. The way markets work and how they fail. The way government action affects markets (public choice).
Learning outcomes in the course
Upon completing the course the student:
Understanding basic economic principles and models.
Teacher
Indrek Saar
Prerequisite course 1
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