Universidad Pública de Navarra - Nafarroako Univertsitate Publikoa
Public University of Navarre
| Course code: 178109 | Subject title: MICROECONOMICS | ||||
| Credits: 6 | Type of subject: Mandatory | Year: 1 | Period: 2º S | ||
| Department: Economía | |||||
| Lecturers: | |||||
| GARCIA POLA, BERNARDO (Resp) [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: Understand the principles of economic analysis, from its microeconomic and/or macroeconomic perspective, in order to contribute to efficient resource allocation.
RA02: Analyze economic institutions as the result and application of theoretical or formal representations of how the economy works.
RA07: Understand the relationship between verbal, graphical, mathematical, and econometric analysis in the study of economics.
RA13: Apply rationality to the analysis and description of any aspect of economic reality.
RA15: Apply mathematical tools to synthesize complex economic problems.
RA18: Work in a team, being able to argue their proposals and validate or reasonably refuse the arguments of others.
RA19: Organize work, in terms of good time management, order, and planning.
RA20: Select and generate the necessary information for each problem, analyze it, and make decisions based on it.
RA21: Value ethical, social, and environmental commitment in professional practice.
RA22: Continue learning in the future independently, deepening the knowledge acquired or starting in new areas of knowledge.
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 |
|---|---|---|---|---|
| All | Final Exam | 70 | Yes (exam) | 3 |
| All | Continuous assessment activities | 30 | Yes (exam) | 0 |
Agenda
- Consumer theory.
- Technology
- Cost minimization
- Supply function of the competitive firm in the short run
- Industry supply
- Competitive equilibrium
- Imperfect competition
Bibliography
Access the bibliography that your professor has requested from the Library.
Básica/obligatoria:
Besanko, D. and R. Braeutigam. "Microeconomics" (2020, Third Edition), International student version, Wiley ed.
Recomendada/complementaria:
Pindyck, R.S. and Rubinsten. "Microeconomics" (2013, Eighth Edition), International edition. Pearson ed.