INTRODUCTION TO ECONOMICS-1
|Academic year||2020/2021 Syllabus of previous years|
|Official course title||INTRODUCTION TO ECONOMICS-1|
|Course code||ET7005 (AF:332674 AR:178732)|
|Modality||On campus classes|
|ECTS credits||6 out of 12 of INTRODUCTION TO ECONOMICS|
|Degree level||Bachelor's Degree Programme|
|Educational sector code||SECS-P/01|
Introduction to the Study of Microeconomics
1. Preliminaries: what are we going to study in microeconomics? (BW1)
2. Demand and Supply and the concept of elasticity (BW2)
Theory of Firm
3. Inputs, technology and production (BW7)
4. Costs (BW8)
5. Profit Maximization (BW9)
6. Price-taking firm and supply curve (BW9)
7. Market demand and market supply of a competitive market (BW14)
8. Equilibrium of a competitive market and efficiency (BW14)
Monopoly and Pricing Policies
9. Monopoly (BW17)
10. Pricing Policies (BW18)
Option 1. Two mid-terms, one for Introduction to Economics-1 and one for Introduction to Economics-2.
Option 2 is meant for those students not attending/failing the first mid-term.
Exams will consist of problem solving and short answer questions similar to those in the assignments.
The two midterms last 1 hour each and cover respectively the material discussed in the first and in the second module. In all other cases, the exams will be cumulative, cover all the course materials, and will have the same time length of a midterm, namely 1 hour.
There is only one date to attend the second midterm. This means that, if you pass the first midterm but do not show-up/ do not pass the second midterm, the grade of the first midterm will be lost.