| Degree of Business Administration and Management (Terres de l'Ebre) (2009) |
 Subjects |
| INTRODUCTION TO MICROECONOMICS |
| Contents |
| IDENTIFYING DATA | 2012_13 |
| Subject | INTRODUCTION TO MICROECONOMICS | Code | 16234004 | |||||
| Study programme |
|
Cycle | 1st | |||||
| Descriptors | Credits | Type | Year | Period | ||||
| 6 | Basic Course | First | First |
|||||
| Competences | Learning outcomes | Contents |
| Planning | Methodologies | Personalized attention |
| Assessment | Sources of information | Recommendations |
| Topic | Sub-topic |
| Introduction | |
| PART I. Competitive markets | |
| UNIT 1. Competitive Markets: demand | • Incentives and Exchange • Market demand, • The law of demand and price elasticity of demand |
| UNIT 2. Competitive Markets: supply and equilibrium | • Market supply, production, factor prices and other factors • The law of supply and price elasticity of supply • Equilibrium and market forces • Comparative static analysis • Welfare analysis: consumer surplus, producer surplus and efficiency |
| UNIT 3.Intervention in Competitive Markets |
• Price ceilings and minimum wages • Taxes and subsidies • Tax incidence |
UNIT 4. International Trade |
• Integration of a small market • Integration of a large market • Tariffs, import quotas, export subsidies |
| PART II. Market failures | |
| UNIT 5. Externalities, Public Goods and Incomplete Information |
• Externalities: a problem for markets • Solutions • The problem of providing public goods through markets • Solutions to the insufficient private provision of public goods • The lack of information: a problem for markets • Solutions |
| UNIT 6. Market Power |
• Imperfect competition • Monopoly • Solutions |
