2019_20
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 Definition of economy
Market economy
Model development
The perfect competition Model
DEMAND and SUPPLY
2. Demand fundamentals Budgetary restriction
Consumer Preferences
Consumer's Choice
Demand function
3. Demand Demand Movements
Market demand
Elasticity
4. Supply fundamentals in a competitive environment Production function and costs of producing
Profit maximization
Supply function
5. Supply Supply Movements
Market supply
Elasticity
EFFICIENCY AND COMPETITIVE MARKETS
6. Market equilibrium Equilibrium and market forces
Comparative statics
7. The efficiency of markets Consumer surplus and producer surplus
Market efficiency
Efficiency and international trade
MARKET FAILURE AND GOVERNMENT INTERVENTION
8. Economic inequality and income distribution Income inequalities
Measure of economic inequality
State intervention: Maximum and minimum prices
State intervention: Tax and subsidies on the quantities
9. Market Failures Externalities
Public goods
Information problems
10. State interventions on market failures Pigou taxes
Property rights
Provision of public goods