Course syllabus

Course overview

EKN112 Microeconomics describes how consumers and producers act in markets for both consumer products and inputs. First, the factors that determine demand and supply in a market and how these interact through the price mechanism to reach a market equilibrium are studied. Then consumers' actions in a market and what determines demand are studied in more detail.

Thereafter, producers' actions under various market forms are treated, as well as price formation in the market for input goods, mainly the labour market. The concept of economic efficiency is defined and analysed under different market forms. Finally, shortcomings that may occur in the market system's ability to allocate resources and various measures that exist to deal with this problem, as well as their effects on the market outcome, are discussed.

Course Coordinator: Charles Nadeau (please contact via the messaging function in Canvas)

Student Course Representatives: to be decided.

Course Administrator: Emilio Suarez Ardiles, be@handels.gu.se

Course details

EKN112 Microeconomics is part of the Bachelor’s Programme in Business and Economics during semester 2. It is also open to exchange students.

Course dates: 20 January 2025  - 16 February 2025

Course registration in Ladok opens on 13 January 2025. Registration is required for programme students. Please register for the course as soon as possible.  

Syllabus EKN112

Reading list EKN112

Schedule EKN112

Study guide EKN112 (available upon registration)

Assessment

The learning outcomes of the course are assessed through a written examination.

Exam dates

Please note: You must register (sign-up) on Ladok for each exam you intend to take. The registration deadline is 10 days prior to each exam date. You can find information regarding start time and location of the exam under the tab Examinations (Examinationstillfällen) on Ladok.  

The Student Portal has comprehensive information about exams in the university's examination halls. Please note that you, as a student, are responsible for complying with the rules for written examinations at the University of Gothenburg. It is therefore important that you read through this information well before your exam.