COURSE INFORMATION
Course Title: MICROECONOMICS
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
ECO 205 B 3 3 0 0 3 5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Patrice Kandolo Kabeya , 09.30-17.30
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: 09.30-12.15
Course Description: The aim of this course is to examine the analytical framework used in microeconomics. New concepts are illustrated with entertaining and informative examples, both verbal and numerical. In addition, several purely ‘micro’ topics are illustrated with ‘macro’ applications. On the successful completion of this unit, students should have a clear understanding of the basic principles of microeconomics and with the aid of simple mathematical tools, be able to solve specific problems and answer questions appropriate to this level. Topics include supply, demand and equilibrium, the behavior of consumers, the behavior of firms, production and costs, competition welfare economics, knowledge information, monopoly, market power, collusion and oligopoly, the theory of games, external costs and benefits, common property and public goods, the demands for factors of production, the market for labor, risk and uncertainty.
Course Objectives: The primary objective of this course is to teach students the fundamental principles and methods of modern microeconomics theory.Also to illustrate the usefulness of these principles and methods and models for studying actual macroeconomic problems. Comprehending of economic life and analyzing of consumer behavior.
COURSE OUTLINE
Week Topics
1 Introduction and course overview
2 Market
3 Budget Constraint
4 Preference
5 Utility and Quiz 1
6 Utility continues
7 Choice
8 Mid-term exam
9 Consumer Demand
10 Sllutsky Equation
11 Sllutsky Equation
12 Inter temporal Choice
13 Quiz 2 and Seminars
14 Review for the final exam
Prerequisite(s): no
Textbook: Microeconomics, ninth edition, author: Robert Pindyck and Daniel Rubinfeld, Publisher: Pearson (2017) Intermediate Microeconomics: A Modern Approach , seventh Edition, author: Hal R. Varian, Publisher: W.W.Norton and R. Varian, Publisher: W.W.Norton and company( 1999). Principles of Microeconomics, Karl E. Case . Fair, Precentice Hall, 2006
Other References:
Laboratory Work:
Computer Usage:
Others: No
COURSE LEARNING OUTCOMES
1 Explain Microeconomics concepts and Theories
2 Analyze microeconomics models and Theories
3 apply microeconomics theories to real life scenarios
4 Develop capacity to build and explain a microeconomics model
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in Business Informatics (3 years) Program
1 Identify activities, tasks, and skills in management, marketing, accounting, finance, and economics. 1
2 Apply key theories to practical problems within the global business context. 1
3 Demonstrate ethical, social, and legal responsibilities in organizations. 1
4 Develop an open minded-attitude through continuous learning and team-work. 1
5 Integrate different skills and approaches to be used in decision making and data management. 1
6 Combine computer skills with managerial skills, in the analysis of large amounts of data. 1
7 Provide solutions to complex information technology problems. 1
8 Recognize, analyze, and suggest various types of information-communication systems/services that are encountered in everyday life and in the business world. 1
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
30
Quiz
2
10
Final Exam
1
50
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 4 64
Hours for off-the-classroom study (Pre-study, practice) 16 2 32
Mid-terms 1 10 10
Assignments 0
Final examination 1 15 15
Other 2 2 4
Total Work Load:
125
Total Work Load/25(h):
5
ECTS Credit of the Course:
5