Infopaket

Microeconomics

ОК 11

Обов’язкова дисципліна для ОП

First

2021/2022

4 Semester

5

PLO3. Know and use economic terminology, explain the basic concepts of micro and macroeconomics. PLO5. Apply analytical and methodological tools to substantiate proposals and make management decisions by various economic agents (individuals, households, enterprises and public authorities). PLO8. Apply appropriate economic-mathematical methods and models to solve economic problems. PLO21. Be able to think abstractly, apply analysis and synthesis to identify key characteristics of economic systems at different levels, as well as the behavior of their subjects.

1. Know the basic concepts and laws of modern economic theory, basic economic models of markets; general mathematical laws; economic and mathematical methods and models. 2. Be able to think analytically, apply mathematical knowledge and knowledge of economic laws in the process of solving economic problems, build basic economic and mathematical models, predict and analyze the behavior of economic entities. 3. Possess basic skills of educational activity, analysis, synthesis, comparison, abstraction, generalization, etc.

Content module 1 "Consumption and production" Topic 1. Fundamentals of microeconomic analysis Topic 2. Model of consumer behavior Topic 3. Household demand Topic 4. Production technology Topic 5. Production costs Content module 2 "Market structures, balance and well-being" Topic 6. The firm as a perfect competitor Topic 7. Monopoly and monopoly power Topic 8. Monopolistic competition and oligopoly Topic 9. Resource markets Topic 10. Partial market equilibrium Topic 11. General equilibrium and social welfare Topic 12. Market failures and public goods Topic 13. External effects

1. Microeconomics: Textbook / edited by V. D. Bazilevich. Kyiv: Znannia, 2008. 679 p. 2. Microeconomics: Workshop: teaching. manual / edited by V. Bazilevich. View. 2nd, revised and added Kyiv: Znannia, 2010. 490 p. 3. Listen to S.V. Handbook of basic terms and concepts in microeconomics. View. 2nd, revised and added Kyiv: Agrar Media Group, 2015. 374 p. 4. Besanko D., Braeutigam R. Microeconomics. 6th ed. Wiley, 2020. 864 p. 5. Perloff J.M. Microeconomics: Theory and Applications with Calculus, Global Edition. Pearson Education Limited, 2017. 784 p. 6. Franklin G., Mixon Jr. Principles of Microeconomics. 2020. 152 p. 7. Pindyck R.S., Rubinfeld D.L. Microeconomics. Pearson Higher Education & Professional Group, 2019. 784 p

Lecture, seminar, independent work

Forms of student assessment: - semester assessment of 60 points maximum / 36 points minimum: 1. Discussions of theoretical nature, speeches - 10 points / 6 points 2. Performing practical exercises - 10 points / 6 points 3. Modular test (2 MCR, 10 points max. Each) - 20 points / 12 points 4. Independent work (project preparation and defense) - 20 points / 12 points. - final assessment in the form of an exam: There are 4 blocks of tasks for the exam: Block 1 - theoretical issues; Block 2 - categories; Block 3 - test tasks; Block 4 - calculation tasks.

Ukrainian