KTTA2150 Mikrotaloustiede I (8 op)
Avainteksti
Kuvaus
Osaamistavoitteet
On successful completion of the course, the student is able to:
* explain how a competitive market outcome is an equilibrium outcome;
* explain how a competitive market yields a Pareto optimal outcome;
* explain how a competitive market facilitates the flow of information on preferences and costs between market actors;
* explain how a competitive market is an answer to a mechanism design problem in terms of the above;
* analyze whether any specific market is likely to generate socially desirable outcomes;
* analyze the effects of proposed economic policies on markets' functioning;
* apply the Lagrange method for constrained optimization on economic problems;
* calculate and use basic economic statistics such as for example price indices and elasticities;
* apply basic game theoretic concepts, such as for example strategic dominance.
Lisätietoja
Ajoitus: 2. vuosi
Esitietojen kuvaus
KTTP2110 Basics of Economics/Taloustieteen peruskurssi
JSBY1230 Mathematics for Business and Economics 2/Talousmatematiikka 2
Students should be able to solve systems of equations.
It is helpful if students are familiar with the Largrangian method of constrained optimization.
Exchange students should have completed either a general Introduction to Economics course that includes a substantial amount of microeconomics, or then some other course in microeconomics.Suositellut esitiedot
Oppimateriaalit
Study materials will be made available through Moodle each year.