Universidad Pública de Navarra - Nafarroako Univertsitate Publikoa
Public University of Navarre
| Course code: 174204 | Subject title: MICROECONOMICS | ||||
| Credits: 6 | Type of subject: Basic | Year: 1 | Period: 2º S | ||
| Department: Economía | |||||
| Lecturers: | |||||
| ARLEGI PEREZ, RICARDO (Resp) [Mentoring ] | GARCIA POLA, BERNARDO [Mentoring ] | ||||
Contents
1. Economics Review
2. Demand and Supply Analysis
3. Consumer theory
4. Inputs and production functions
5. Costs and cost minimization
6. Cost curves
5. Supply and Industry
6. Perfectly Competitive Markets: Applications
7. Market Power
Learning outcomes
RA01: Identify relevant economic information sources for the company and their content.
RA02: Understand economic institutions as the result and application of theoretical or formal representations of how the economy works.
RA04: Understand the nature of the company as an organization with different interdependent functional areas interacting with agents with different interests.
RA06: Know the principles of economic analysis to be able to contribute to the efficient allocation of resources.
Methodology
Two 100-minute lectures every week, single group
In-class experiments are used to reinforce key concepts and promote hands-on engagement.
Traditional methods like lectures and problem-solving sessions as the central focus
Lectures are interactive, featuring open questions and real-world case analysis
Students are guided through the logic of economic models step by step during class
The methodology encourages active participation and critical thinking
Evaluation
| Learning outcome |
Assessment activity |
Weight (%) | It allows test resit |
Minimum required grade |
|---|---|---|---|---|
| Final Exam | 70 | Yes (exam) | 3 | |
| Continuous assessment activities | 30 | Yes (exam) | 0 |
Agenda
TOPICS
Demand. Production. The competitive market.
Introduction and basic concepts.
The individual consumer's problem (preferences, utility and individual demand).
Technology.
Cost Minimization.
Cost curves.
Competitive supply in the short term.
Industry supply. Long term equilibrium.
Imperfect competition models.
ACTIVITIES
Exercises and experiments in class.
OTHER RESOURCES.
Internet, Aulario Virtual.
Bibliography
Access the bibliography that your professor has requested from the Library.
Besanko, D. and R. Braeutigam. "Microeconomics" (2020, Third Edition), International student version, Wiley ed.
Pindyck, R. S. and Rubinsten. "Microeconomics" (2013, Eighth Edition), International edition. Pearson ed.