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Microeconomic Principles 7,5 Credits

In the Microeconomic Principles course, students are introduced to basic concepts of consumer choice, production theory, the functioning of different markets, and the importance of prices for efficient resource allocations.

Course Contents

Important elements of the course are:
  • Consumer behavior in goods and factor markets,
  • Producer behavior in goods and factor markets,
  • Different market forms such as perfect competition and monopoly,
  • The foundation of welfare theory,
  • The cause and effect of market failure,
  • Allocation and distribution effects from taxation,
  • Externalities and their effect

Connection to Research and Practice
The microeconomic models introduced in the course are based on research. The theories on welfare and markets broadly connect to JIBS research area renewal. Microeconomic theories, and models are put into practice through the assignment, which involve real-world issues.

Prerequisites

General entry requirements and English 6, Mathematics 3b or 3c and Civics 1b or 1a1+1a2 and required grade Passed. Exemption is granted from requirement in Swedish.

Level of Education: Undergraduate
Course code/Ladok code: JMIG12
The course is conducted at: Jönköping International Business School

Upcoming course occasions

Type of course
Single subject
Study type
Campus
Semester
Autumn 2022: Oct 31 - Jan 15
Rate of Study
50%
Language
English
Location
Jönköping
Time
Day
Number of places
10
Course coordinator
Anna Nordén
Tuition fees do NOT apply for EU/EEA citizens or exchange students
12500kr
Syllabus
HTML  PDF
Application code
HJ-14186
Type of course
Program
Study type
Campus
Semester
Autumn 2022: Oct 31 - Jan 15
Rate of Study
50%
Language
English
Location
Jönköping
Time
Day
Course coordinator
Anna Nordén
Tuition fees do NOT apply for EU/EEA citizens or exchange students
12500kr
Syllabus
HTML  PDF
Application code
HJ-J2146
Last modified 2022-06-27 09:23:55