2017_18
University
Rovira y Virgili
Educational guide 
Faculty of Business and Economics
A A 
english 
Bachelor's Degree in Business Administration and Management (2009)
 Subjects
  INTRODUCTION TO MICROECONOMICS
   Contents
Topic Sub-topic
BASIC CONCEPTS
1. Introduction
2. Demand Components
Elasticity
Market demand
3. Supply Components
Elasticity
Market demand
4. Market equilibrium Equilibrium and market forces
Comparative statics
FIRMS AND CONSUMERS BEHAVIOR
5. The theory of consumer choice The budget constraint
Consumer's preferences
The consumer's optimal choice
6. Firms in competitive markets The production function and total costs curve
Profit maximization
Competitive firm's supply curve
EFFICIENCY AND WELFARE ECONOMICS
7. The efficiency of markets Consumer surplus and producer surplus
Market efficiency
Efficiency and international trade
8. Government intervention Price ceilings and floors
Taxes and subsidies on quantities
Tax incidence over consumers and producers
9. Income inequality The measurement of inequality
Policies to reduce poverty
MARKET FAILURE
10. Externalities Externalities and market inefficiency
Public policies toward externalities
Private solutions to externalities

11. Public goods The different kinds of goods
The importance of property rights
12. The problem of incomplete information Different types of information failure
Asymmetric information