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Microeconomics, I

7.5 Credits, Course, bachelor's level, N0004N
The goal of the course is to provide an advanced understanding of resource allocation within a society.

The course uses micro economic tools to analyse resource allocation in a society. Consumer theory is used to analyse the demand for goods and supply of labour and uses utility maximization as foundation. In the analysis of the firm cost minimization and profit maximization are used to show how firms make their decisions about what to produce and how much factors of production to use. A two sector general equilibrium model is used to give an in-depth understanding of the workings of trade and taxes. The course also takes a careful look at different value judgements that necessarily follow eco-political decisions.

Application

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The course syllabus includes a description of the course and literature to be used. Within ten weeks before the course starts, a current course syllabus is published.

FAQs

Contact

For detailed questions about the course please do not hesitate to contact us.

Jesper Stage

Jesper Stage, Professor, Chaired Professor

Organisation: Economics, Social Sciences, Department of Business Administration, Technology and Social Sciences
Phone: +46 (0)920 493445
Room: A406 - Luleå»