Degree | Type | Year | Semester |
---|---|---|---|
2501572 Business Administration and Management | OB | 2 | 2 |
2501573 Economics | OB | 2 | 2 |
It is recommended that students have already passed the following courses:
Introduction to Economics
Mathematics I and II
Microeconomics I
The aim of this courseis to understand the basic tools of microeconomic analysis and to become able to apply them.
The topics that will be covered inlcude:
Markets (competitive and monopolistic), equilibrium, welfare analysis.
MICROECONOMICS II SYLLABUS
Note: In each topic we indicate the corresponding chapter of the book “Intermediate Microeconomics”, 9th edition, see Bibliography,
Topic I: Cost curves (chap. 22)
Exclude the following sections: Example: The marginal curves of two factories; Cost curves in Internet auctions; Discrete values in plant size.
Theme II: Competitive markets
II.1 The maximization of profit: the input demand functions and the supply function (chap. 20)
II.2 Profit Maximization and Cost Functions (Chap. 23)
II.3 Aggregate demand and supply and elasticities (chap. 15; chap. 24)
II.4 The equilibrium in the competitive market (chap. 16.1 to 16.5)
II.5 Consumer and producer surplus (chap. 14.1 to 14.7; 14.9 to 14.11)
II.6 The efficiency of the competitive market and the distorting role of taxes (chap. 16.6 to 16.9)
Topic III: Non-competitive markets: Monopoly
III.1 The maximization of profit (chap. 25)
III.2 Causes, efficiency and regulation of monopolies (chap. 25)
III.3 Price discrimination (chap. 26.1 to 26.4)
Include simple numerical examples of price discimination with two types of consumers and two units per consumer (not in Varian).
Exclude section Two-part tariffs.
Theme IV: Imperfectly Competitive Markets: Oligopoly and Strategic Interactions
IV.1 The Cournot equilibrium (ch. 28)
IV.2 The Stackelberg equilibrium (ch. 28)
IV.3 Price competition and the Bertrand paradox (chap. 28.6)
Topic V. The general equilibrium model of pure exchange
V.1 Edgeworth box and the Walrasian equilibrium (ch. 32)
V.2 Efficient allocations in the Pareto sense and the two fundamental theorems of welfareeconomics (chap. 32)
Topic VI. Notions of the economics of information
VI. 1 Adverse selection and signaling (chap. 38.1 to 38.3, and 38.6)
VI.2 Moral hazard (chap. 38.4, 38.5 and 38.7)
Annotation: Within the schedule set by the centre or degree programme, 15 minutes of one class will be reserved for students to evaluate their lecturers and their courses or modules through questionnaires.
Title | Hours | ECTS | Learning Outcomes |
---|---|---|---|
Type: Directed | |||
Exercises and group discussion | 17 | 0.68 | |
Lectures | 32.5 | 1.3 | |
Type: Supervised | |||
Tutorials | 5 | 0.2 | |
Type: Autonomous | |||
Study, preparation and discussion of exercises | 77.5 | 3.1 | |
Text reading | 13 | 0.52 |
Evaluation process
The evaluation process will consist of a final examination with a weight of 50%, a partial examination, with a weight of 35% and, at least, an additional evaluation activity. At least part of any of the three (or more) evaluation activities must be of the written-exam type and at least part of any of the three (or more) evaluation activities must be multiple-choice type.
A student that takes part on any of the evaluation activities and turns in the activity for grading cannot be considered for a "Not Evaluable" status.
Schedule of evaluation activities
The dates of the different evaluation activities will be announced well in advance during the semester.
The date of the final exam is scheduled in the assessment calendar of the Faculty.
"The dates of evaluation activities cannot be modified, unless there is an exceptional and duly justified reason why an evaluation activity cannot be carried out. In this case, the degree coordinator will contact both the teaching staff and the affected student, and a new date will be scheduled within the same academic period to make up for the missed evaluation activity." Section 1 of Article 115. Calendar of evaluation activities (Academic Regulations UAB).
Students of the Faculty of Economics and Business, who in accordance with the previous paragraph need to change an evaluation activity date must process the request by filling out an Application for exams' reschedule at
https://eformularis.uab.cat/group/deganat_feie/nou-reprogramacio-de-proves
The teaching faculty will select the type of evaluation activity most suitable and efficient for the individual reprogrammed evaluation activity, including oral examinations.
Grade revision process
After all grading activities have ended, students will be informed of the date and way in which the course grades will be published. Students will be also be informed of the procedure, place, date and timeof grade revision following University regulations.
Grade revision process
After all grading activities have ended, students will be informed of the date and way in which the course grades will be published. Students will also be informed of the procedure, place, date and time of grade revision following University regulations.
Retake Process
"To be eligible to participate in the retake process, it is required for students to have been previously been evaluated for at least two thirds of the total evaluation activities of the subject." Section 3 of Article 112 ter. The recovery (UAB Academic Regulations).
Additionally, for a student to participate in the retake process, it is required that he or she to have achieved an average grade of the subject between 3.5 and 4.9.
The date of the retake exam will be posted in the calendar of evaluation activities of the Faculty.
Students who take this exam and pass, will get a grade of 5 for the subject. If the student does not pass the retake, the grade will remain unchanged, and hence, student will fail the course.
The grading of the retake examination will be qualitative, with two possible results: “pass” or “no pass”. If the grade is “pass”, the grade will be equal to 5. If the grade is "no pass", the student will not pass the subject and his final grade will be the existing grade prior to the retake examination.
Irregularities in evaluation activities
In spite of other disciplinary measures deemed appropriate, and in accordance with current academic regulations, "in the case that the student makes any irregularity that could lead to a significant variation in the grade of an evaluation activity, it will be graded with a 0, regardless of the disciplinary process that can be instructed. In case of various irregularities occur in the evaluation of the same subject, the final grade of this subject will be 0". Section 10 ofArticle 116. Results of the evaluation. (UAB Academic Regulations).
Standards of behavior
Aside of any other disciplinary measures that are considered to be adequate, and in line with the current academic rules, the professor may reduce the average grade obtained in the "additional evaluation activities" by up to 2 points out of 10 to any student who repeatedly does not follow the rules of behavior in class. The professor will announce these rules at the beginning of the course.
The proposed evaluation activities may undergo some changes according to the restrictions imposed by the health authorities on on-campus courses.
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
Final Exam | 50 % | 2 | 0.08 | 3, 2, 4, 1, 5, 9, 8, 10, 11, 6, 7, 12, 21, 20, 19, 18, 16, 17, 13, 15, 14, 22 |
Other evaluation exercises | 15 % | 1.5 | 0.06 | 3, 2, 4, 1, 5, 9, 8, 10, 11, 6, 7, 12, 21, 20, 19, 18, 16, 17, 15, 14, 22 |
Partial examination | 35 % | 1.5 | 0.06 | 3, 2, 4, 1, 5, 9, 8, 10, 11, 6, 7, 12, 21, 20, 19, 18, 16, 17, 13, 15, 14, 22 |
Varian, H.. Intermediate microeconomics: a modern approach, W.W. Norton and Company Inc. , 9th edition.
There is no need for any particular software.