COURSE INFORMATION
Course Title: MICROECONOMICS
Code Course Type Regular Semester Lecture Recit. Lab Credits ECTS
ECO 205 B 3 - - - 3 5
Lecturer and Office Hours: Eglantina Hysa
Teaching Assistant(s) and Office Hours: -
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: N/A
Course Description: -
Course Objectives: The primary objective of this course is to teach students the fundamental principles and methods of modern microeconomic theory. Also to illustrate the usefulness of these principles and methods and models for studying actual microeconomic problems. Comprehending of economic life and analyzing of consumer behaviors
COURSE OUTLINE
Week Topics
1 Introduction to Microeconomics I
2 The Market. Optimization and Equilibrium
3 Budget Constraint
4 Consumer Preferences
5 Preferences (continue)
6 Utility
7 Choice.Optimal Choice
8 Midt-Term Exam
9 Choice. Consumer Demand
10 Demand
11 Slutsky Equation. The Law of Demand
12 Slutsky Equation. The Law of Demand
13 Inter-Temporal Choice
Prerequisite(s):
Textbook: Intermediate Microeconomics: A Modern Approach, seventh Edition, author: Hal R. Varian, publisher: W.W. Norton & Company (2006). Workouts in Intermediate Microeconomics, Fifth Edition, authors: Theodore C. Bergstrom and Hal R. Varian, publisher: W.W. Norton & Company (1999)
Other References: Principles of microeconomics, Karl E. Case, Ray C. Fair, Prentice Hall, 2006
Laboratory Work: N/A
Computer Usage: N/A
Others: No
COURSE LEARNING OUTCOMES
1 Knowledge of specific concepts on Microeconomic Theory
2 Capability of understanding and analyzing a microeconomic model.
3 Capability to build and explain an economic model
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
40
Final Exam
1
60
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 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 3 48
Mid-terms 1 10 10
Assignments
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