Course syllabus


Course overview

EKN112 Microeconomics (6 credits) 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)

Semester representatives: to be decided

Course Administrators: Heléne Larsson, Catherine Granath and Lisa Sutton (ep@handels.gu.se)

 


Course details

EKN112 Microeconomics (6 credits) is included in the first semester of the Bachelor’s Programme in Business and Economics. The course is also open to visting exchange students.

Course dates: 9 November to 6 December (quarter 3). Course registration in Ladok opens on 2 November.

Syllabus and reading list EKN112

Schedule EKN112 (preliminary until 14 days prior to course start)

Study guide EKN112 (available upon registration)

 


Assessment

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

Exam dates

Exam

Date

Type

Regular exam

to be decided

Paper-based exam in examination hall

Re-take exam 1

to be decided

Paper-based exam in examination hall

Re-take exam 2

to be decided

Paper-based exam in examination hall

Please note: Exam registration (sign-up) in Ladok is required for all exams. 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 hallsPlease read through this information well before your exam.