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Microeconomics is taught in three modules:

  • Module A focuses on consumer: the concept of utility, utility maximisation and choice under constraints.
This course is taught in the winter semester of first year.
  • Module B analyses the behaviour of a firm and market play among companies.
It follows directly module A in the summer semester of the first year.
  • Module C is devoted to general equilibrium and market failures.
This course closes the basic education in microeconomics in the winter semester of the second year.

Later on, in the third or fourth year you may follow the lectures in advanced microeconomics or more specific branches of micro, like industrial organization, experimental economics, public choice, economics of healthcare or insurance. Some of these are left to the student choice, some are obligatory within particular programs offered by the Faculty of Economics. All of them, however, are based on the application of basic microeconomic tools and concepts developed during these three modules.

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Page last modified on October 04, 2009, at 02:47 PM