| Grau d'Administració i Direcció d'Empreses |
 Subjects |
| INTRODUCTION TO MICROECONOMICS |
| Contents |
| IDENTIFYING DATA | 2010_11 |
| Subject | INTRODUCTION TO MICROECONOMICS | Code | 16214004 | |||||
| Study programme |
|
Cycle | 1st | |||||
| Descriptors | Credits | Type | Year | Period | ||||
| 6 | Formació bàsica | First | First |
|||||
| Competences | Learning outcomes | Contents |
| Planning | Methodologies | Personalized attention |
| Assessment | Sources of information | Recommendations |
| Topic | Sub-topic |
| Introduction | |
| PART I. Competitive markets | |
| 1. Competitive Markets: demand | • Incentives and Exchange • Market demand, • The law of demand and price elasticity of demand |
| 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 |
| 3. Intervention in Competitive Markets | • Price ceilings and minimum wages • Taxes and subsidies • Tax incidence |
| 4. International Trade | • Integration of a small market • Integration of a large market • Tariffs, import quotas, export subsidies |
| PART II. Market failures | |
| 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 |
| 6. Market Power | • Imperfect competition • Monopoly • Solutions |
