Kaisa_2012_3_photo by Veikko Somerpuro

30.10.2019 at 08:00 - 19.11.2019 at 23:59


Fri 29.11.2019
12:00 - 16:00


For first year master students who study in the agricultural, environmental and natural resources economics master program, and exchange students.

Primary microeconomics, preliminary calculus, and probability theory

The course mainly introduces the intermediate theory of microeconomics, which is the expansion of its primary theory. The purpose is to enable students to systematically grasp microeconomics concepts, principles, theoretical system, and mathematical analysis methods as well, to master the skill of economic analysis for complex economy reality and microeconomic problems in different market structures, to obtain the ability in applying intermediate microeconomic analysis methods to solve various microeconomic problems.

The 1st year of M.Sc. studies AGERE. Period I / every year

  • Producers, Consumers, and Competitive Markets: Consumer Choice; Uncertainty and Consumer Behaviour; Firms and Production; Costs; Competitive Firms and Markets; Applying the Competitive Model.
  • Market Structure and Competitive Strategy: Market Power; Monopoly, Oligopoly and Monopolistic Competition; Pricing and Advertising; Game Theory; Factor Markets
  • Information, Market Failure, and the Role of Government: Externalities, Open-Access, and Public Goods; Asymmetric Information

The assessment of this course is divided into two parts: non-exam assessment (40%) and final exam score (60%). The former includes attendance, homework, classroom questions and discussion, group work; the latter is the final examination. The overall score (the combination of the above two parts) is over 60, then students pass this course.

  1. Jeffrey M. Perloff, Microeconomics, Sixth Edition, University of California, Berkeley
  2. Robert S. Pindyck and Daniel L. Rubinfeld, Microeconomics, 8th Edition.
  3. Walter Nicholson and Christopher Snyder, Intermediate Microeconomics and Its Application, 11th Edition.
  4. Hal R. Varian, University of California at Berkeley, Intermediate Microeconomics, a Modern Approach, 8th Edition.

This course adopts a combination of lectures, student discussion, group work, and case study analysis

Grading 1-5. The assessment is based on pre-test and assignments, and group works (40%) and final examination (60%) for grading

In English

Contact teaching (4 hours a week) includes lectures, case study analysis, and classroom discussion. Other work includes assignments and group work.

Chen Qiuzhen