Public University of Navarre



Academic year: 2024/2025 | Previous academic years:  2023/2024  |  2022/2023  |  2021/2022  |  2020/2021 
International Bachelor's degree in Management and Business Administration
Course code: 174204 Subject title: MICROECONOMICS
Credits: 6 Type of subject: Basic Year: 1 Period: 2º S
Department: Economía
Lecturers:
CORREA LOPERA, GUADALUPE (Resp)   [Mentoring ]

Partes de este texto:

 

Module/Subject matter

Economics. Economic Analysis.

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Contents

Part 1 - Introduction to Microeconomics

1. Analyzing Economic Problems

2. Demand and Supply Analysis

Part 2- Production and Cost Theory

3. Inputs and Production Functions

4. Costs and Cost Minimization

5. Cost Curves

Part 3 - Perfect Competition

6. Perfectly Competitive Markets

Part 4 - Market Power

7. Monopoly, Monopsony and Oligopoly

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General proficiencies

Not applicable

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Specific proficiencies

Not applicable

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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.

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Methodology

- Three 90-minute lectures every two weeks. Single group.

- One 90-minute practice session every two weeks. Students will be split up into two small groups. Proactive and Interactive student work. Exercises will be solved during the practice sessions.

ALLOCATION OF THE ECTs CREDITS

ACTIVITY / HOURS

PRESENTIAL 60

  • BIG GROUP 46
  • SMALL GROUP 14

NOT PRESENTIAL 90

  • PREPARATION AND STUDY OF CONTENTS 40
  • INDIVIDUAL HOMEWORK 25
  • WORK IN GROUP. Work in groups is recommended, but the evaluation will be individual. 20
  • TUTORIALS 3
  • OTHERS 2 (Exam and possible revision)

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Evaluation

 

Learning
outcome
Assessment
activity
Weight (%) It allows
test resit
Minimum
required grade
  Final Exam 70 Yes (exam) 3
  Intermediate exam and other activities 30 Yes (exam) 0

 

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Agenda

a. UNITIES

Demand. Production. The competitive market.

b. TOPICS

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.

c. ACTIVITIES

Exercices and work with interactive figures made with Mathematica.

d. OTHER RESOURCES.

Internet, Aulario Virtual y Web Server.

 

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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.

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Languages

English.

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Location

Campus de Arrosadia.

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