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