PRINCIPLES OF MICROECONOMICS*

概要

This course examines how individuals and firms make decisions about the use of their resources and the overall allocation of these resources in society. The course begins with an overview of how markets work, introducing topics such as: demand and supply analysis, elasticity, and market efficiency. Then, we make use of the demand and supply model to understand the effect of different government interventions on market activities. Finally, we study introductory industrial organization topics.

目標

At the completion of this course, students will be able to: 1) Explain fundamental microeconomic concepts. 2) Understand the allocation of resources in a market economy. 3) Recognize the situations under which markets are not efficient. 4) Proceed to the study of other economic courses that have IBE200 as a prerequisite.

授業外の学習

Students are expected to read the textbook and study material for classes ahead of time. To do well in this course, students should reread the text after each class and go through practice questions to develop problem-solving skills. For example: ●Preparation of class materials and reading assignments (50 minutes). ●Work on problem solving assignments (50 minutes) ●Review class lecture and do quizzes (90 minutes) See Moodle for details. See Moodle for more details.

所要時間: 190 minutes per lecture