Applied microeconomics
Course: Economics (English/Ukrainian Taught)
Structural unit: Faculty of Economics
Title
Applied microeconomics
Code
ВК
Module type
Вибіркова дисципліна для ОП
Educational cycle
First
Year of study when the component is delivered
2021/2022
Semester/trimester when the component is delivered
6 Semester
Number of ECTS credits allocated
7
Learning outcomes
Know the basic theories and models of functioning of households, firms, microeconomic subjects
Be able to develop models of microeconomic entities in different conditions of their operation
Be able to aggregate information from several microeconomic models to formulate macroeconomic conclusions
Present the results of the analysis with the help of analytical calculations
Develop models of microeconomic systems in a team
Carry out an independent research project and modify existing models for the conditions of modern management
Form of study
Full-time form
Prerequisites and co-requisites
1. Know the basic theories of the functioning of microeconomic agents, the causes of market failures.
2. Have the skills to solve the problems of profit maximization for the firm and the expected utility for the individual.
Course content
The curriculum consists of the following content modules:
1. Models of activity of firms and households. The module deals with the activities of firms and individuals in different market conditions.
2. Behavioral economics. The module examines the issues of market imbalance due to various objective circumstances, in particular, the asymmetry of information. Models that take this impact into account are proposed.
Recommended or required reading and other learning resources/tools
1. Andriy Stavytskyy’s official site. 2021. URL: http://www.andriystav.cc.ua
2. Ставицький А.В., Харламова Г.О. Моделювання мікроекономічних процесів. Навч. посібник. К. 2018. 182 с.
3. Kharlamova G.O., Stavytskyy A.V., Melnyk R.A. Financial Management: tutorial. Kyiv, 2021. 182 p. ISBN 978-617-646-501-0
4. Stavytskyy A.V. Economic security of Ukraine: strategy and mechanisms of provision. Kyiv: AgrarMedia Group, 2018. 464 p. 5. Kharlamova, G., Stavytskyy, A., Naumova M. Gender Matters For The Entrepreneurial Activity: Case Of European States // Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 15(3), pages 287-302, December.URL: https://ideas.repec.org/a/blg/journl/v15y2020i3p287-302.html
Planned learning activities and teaching methods
Lecture, laboratory work, test, homework, presentation, project, exam
Assessment methods and criteria
- semester assessment:
1. Homework check (LO 1.1, 2.1, 2.2) - 20 points / 12 points
2. Two tests and independent tests in the classroom (LO 1.1, 1.2) - 20 points / 12 points.
3. Project implementation (LO 3.1, 3.2, 4.1) - 20 points / 12 points.
- final assessment in the form of an exam
Language of instruction
English
Lecturers
This discipline is taught by the following teachers
Andrii
Volodymyrovych
Stavytskyy
Department of Economic Cybernetics
Faculty of Economics
Faculty of Economics
Departments
The following departments are involved in teaching the above discipline
Department of Economic Cybernetics
Faculty of Economics