Course Description
Course Name
Microeconomic Analysis: Consumer, Producer and General Equilibrium
Session: VGSS3122
Hours & Credits
15 SCQF Credits
Prerequisites & Language Level
Taught In English
- There is no language prerequisite for courses at this language level.
Overview
This course aims to give students a thorough grounding in undergraduate microeconomic theory, which focuses on understanding the role of price system in resource allocation and its limitations. It covers consumer theory, producer theory, general equilibrium, partial equilibrium, monopoly, public goods, externalities and market failure, efficiency and fairness.
*Course content subject to change