Μαθήματα

ABSE101: Εισαγωγή στη Μικροοικονομική

Course Contents Introduction to Economics  Economic    agents    and    economic    problems.    Inputs    and    outputs.    The    production    possibility frontier. The law of increasing marginal opportunity cost. Economic Systems The   role   of   the   market   in   the   solution   of   the   three   economic   problems.   Resource   allocation   and the   rational   for   government   intervention.   Market   Outcomes   and   Market   Failures   vs.   Government Failures Market Fundamentals The   demand   for   goods.   The   demand   schedule   and   the   demand   curve.   Factors,   determining demand. Shifts in demand. The   supply   of   goods.   The   supply   schedule   and   the   supply   curve.   Factors,   determining   supply. Shifts in supply. The market equilibrium. Effects of a shift in supply or demand. Quantifying Market Responses: Elasticity. Price   elasticity   of   demand.   Elasticity   and   revenue.      Income   elasticity   of   demand.   Cross-price elasticity of demand. Price elasticity of supply. Applications of Supply and Demand and Price Elasticity The   economics   of   agriculture.   The   impact   of   a   tax   on   price   and   quantity.   Price   controls.   Price floors and price ceilings. Demand and Consumer Behaviour Choice   and   utility.   Consumer   equilibrium.   The   dynamics   of   consumer   equilibrium:   income   effect and substitution effect. Deriving   the demand curve. Consumer surplus. Learning Outcomes of the course unit By the end of the course, the students should be able to: 1 . Identify economic problems and economic decision makers. 2 . Apply graphical analysis to problem solving 3 . Examine the role of the market in the solution of the three economic problems 4 . Define and analyze market equilibrium and it dynamics. 5 . Quantify market responses of buyers and sellers. 6 . Identify and describe the applications of supply and demand 7 . Analyze consumer decision making and assess the importance of consumer surplus
ΚΕΝΤΡΟ ΔΙΑ ΒΙΟΥ ΜΑΘΗΣΗΣ
© Copyright 2018 - pitsilkas.edu.gr
Back

Μαθήματα

ABSE101: Εισαγωγή στη Μικροοικονομική

Course Contents Introduction to Economics  Economic    agents    and    economic    problems.    Inputs    and outputs. The production possibility frontier. The law of increasing marginal opportunity cost. Economic Systems The    role    of    the    market    in    the    solution    of    the    three economic   problems.   Resource   allocation   and   the   rational for     government     intervention.     Market     Outcomes     and Market Failures vs. Government Failures Market Fundamentals The   demand   for   goods.   The   demand   schedule   and   the demand    curve.    Factors,    determining    demand.    Shifts    in demand. The   supply   of   goods.   The   supply   schedule   and   the   supply curve. Factors, determining supply. Shifts in supply. The    market    equilibrium.    Effects    of    a    shift    in    supply    or demand. Quantifying Market Responses: Elasticity. Price   elasticity   of   demand.   Elasticity   and   revenue.      Income elasticity    of    demand.    Cross-price    elasticity    of    demand. Price elasticity of supply. Applications of Supply and Demand and Price Elasticity The   economics   of   agriculture.   The   impact   of   a   tax   on   price and     quantity.     Price     controls.     Price     floors     and     price ceilings. Demand and Consumer Behaviour Choice   and   utility.   Consumer   equilibrium.   The   dynamics of   consumer   equilibrium:   income   effect   and   substitution effect. Deriving   the demand curve. Consumer surplus. Learning Outcomes of the course unit By the end of the course, the students should be able to: 1 . Identify     economic     problems     and     economic     decision makers. 2 . Apply graphical analysis to problem solving 3 . Examine    the    role    of    the    market    in    the    solution    of    the three economic problems 4 . Define and analyze market equilibrium and it dynamics. 5 . Quantify market responses of buyers and sellers. 6 . Identify    and    describe    the    applications    of    supply    and demand 7 . Analyze     consumer     decision     making     and     assess     the importance of consumer surplus