Infopaket

Microeconomics

ОК 11

Обов’язкова дисципліна для ОП

First

2023/2024

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.

Full-time form

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.

The course structure has two modules: Content module 1. “Consumption and production” that discusses the basics of microeconomic analysis, the model of consumer behavior, household demand, production costs are considered Content module 2. “Market structures, equilibrium and welfare”, that discusses the behavior of the firm in the market of perfect competition, monopoly and monopoly power, monopolistic competition and oligopoly, resource markets, partial market equilibrium, general equilibrium and public welfare, market failures and public goods, externalities.

1.Веріан Г.Р. Мікроекономіка: проміжний рівень. Сучасний підхід / пер. з англ. С. Слухая. Київ: Лібра, 2006. 632 с. 2.Мікроекономіка: Підручник / за ред. В. Д. Базилевича. Київ : Знання, 2008. 679 с. 3.Мікроекономіка: Практикум : навч. посібник / за ред. В. Базилевича. Вид.2- ге, переробл. і допов. Київ: Знання, 2010. 490 с. 4.Слухай С.В. Довідник базових термінів та понять з мікроекономіки. Вид. 2-ге, переробл. і допов. Київ : Аграр Медіа Груп, 2015. 374 с. 5.Олсон М. Логіка колективної дії суспільні блага і теорія груп / пер. з англ. . Київ: Лібра, 2004. 272 с. 422 p. 6.Besanko D., Braeutigam R. Microeconomics. 6 th ed. Wiley, 2020. 864 p. 7.Franklin G., Mixon Jr. Principles of Microeconomics. 2020. 152p. 8.Mandy D.M. Producers, Consumers, and Partial Equilibrium. Academic Press, 2016. 9. Mankiw G.N. Principles of Microeconomics. 8 th ed. Cengage Learning, 2016. 528p.

Lecture, practical lesson, student’s self-study

1. Theoretical discussions, presentations (LO 1.1-1.3, 2.2-2.3, 3.1-3.3) – 10 points / 6 points 2. Performance of practical exercises (LO 1.1-1.3, 2.1-2.3, 3.1-3.3) – 10 points / 6 points 3. Module test (2 MT, 10 points max. each) (LO 1.1-1.3, 2.1-2.3, 3.1-3.3) – 20 points / 12 points 4. Independent work (preparation and defense of the project) (LO 3.1-3.3, 4) – 20 points / 12 points.

Ukrainian