Infopaket

Microeconomics

OK9

Обов’язкова дисципліна для ОП

First

2021/2022

3 Trimester

12

PLO 3. To know and use economic terminology, explain the basic concepts of micro- and macroeconomics. PLO 10. Carry out an analysis of the functioning and development of economic entities, determine the functional areas, calculate the relevant indicators that characterize the effectiveness of their activities. PLO 12. To apply the acquired theoretical knowledge to solve practical problems and interpret the obtained results in a meaningful way. PLO 23. To show skills of independent work, demonstrate critical, creative, self-critical thinking

Full-time form

Successful mastering of courses «Mathematics», «Economics». Knowledge of fundamentals of economic decision-making; principles and general concepts of consumer choice theory; knowledge of general theoretical and methodological principles, categories and key concepts of economic theory and economic policy; understanding of the basic economic laws, motives of behavior of economic agents, role of state regulation of economy, methods and mechanisms of effective exploitation of limited resources for satisfaction of boundless human needs.

The course provides the basic knowledge on the history of the world economy. The course is devoted to the study of general issues of methodology of historical and economic research, periodization of economic history, genesis of types and forms of management of the world's leading countries in the pre-industrial era, patterns of major industries formation and its features in specific countries, transformation of management and organization of production in XX-XXI centuries.

1. Browning E., Zupan M. Microeconomics: theory & applications.8th ed. Hoboken: Wiley, 2004. 596 p. 2. Frank R., Bernanke B. Principles of microeconomics. 2nd ed. Boston: McGraw-Hill/Irwin, 2004. 424 p. 3. Greenlaw St. Shapiro D. Principles of Microeconomics 2e. OpenStax, 2017. 552 p. 4. Mankiw G. Principles of Microeconomics. 8th edition. Boston: Cengage Learning, 2017. 528 p. 5. McEachern W. Microeconomics (Contemporary Introduction): 11 Edition. Boston: Cengage Learning, 2020. 528 p. 6. Nicholson W., Snyder Ch. Intermediate Microeconomics and Its Application. Cengage Learning, 2021. ‎658 p. 7. Rubinstein A. Lecture Notes in Microeconomic Theory. Princeton University Press: Princeton and Oxford, 2006. 239 p. 8. Varian H. Intermediate Microeconomics: A Modern Approach. 9th ed. New York: W.W. Norton and Company, 2014. 832 p.

Lecture, seminar, workshop, panel discussions, team work, student’s self-study, exam

Semestrial evaluation 60 points a maximum / 36 points a minimum: 1. Participation in work at seminars: RS 1.1; RS 1.3; RS 2.1; RS 3.2. – 20 points / 12 points 2. Execution of creative tasks: RS 1.1; RS 2.2; RS 2.3; RS 3.1. – 5 points / 3 points 3. Solving of the practice problems: RS 1.2; RS 3.2; RS 4.1. – 5 points / 3 points 4. Independent work (drafting oral presentations, participation in the case study): RS 1.3; RS 2.2; RS 4.1. – 10 points / 6 points 5. Midterm Test 1: RS 1.1; RS 1.2; RS 1.3; RS 2.1; RS 2.2; RS 2.3; RS 3.1; RS 3.2; RS 4 – 10 points / 6 points 6. Midterm Test 2: RS 1.1; RS 1.2; RS 1.3; RS 2.1; RS 2.2; RS 2.3; RS 3.1; RS 3.2; RS 4 – 10 points / 6 points

English