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AH2001 Microeconomics 7.5 credits

Administer About course

Course offerings are missing for current or upcoming semesters.
Headings with content from the Course syllabus AH2001 (Autumn 2010–) are denoted with an asterisk ( )

Content and learning outcomes

Course contents

  • Theory of the Technological change
  • The Production Function
  • Theory of the Firm
  • The Entrepreneurial Firm
  • Theory of the Market
  • Theory of the Consumer
  • General Equilibrium Theory
  • Topics on the Economics of Information

Intended learning outcomes

The aim is to make students familiar with the foundations of microeconomic theory in such a way that they can use theoretical results as tools in applied analysis. This includes duality theory, Lagrange optimization, game and decision theory under risk conditions.

Learning outcome

  • Skills to formulate microeconomic problems in the form of optimisation models.
  • To capability to interpret optimisation models, results and to use them as a means to derive demand and supply behaviour as well as equilibrium solutions

Literature and preparations

Specific prerequisites

A completed Bachelor's degree including at least 30 credits in mathematics/economics and documented proficiency in English B or equivalent (TOEFL, IELTS eg).

Recommended prerequisites

A completed Bachelor's degree including at least 30 credits in mathematics/economics and documented proficiency in English B or equivalent (TOEFL, IELTS eg).

Equipment

No information inserted

Literature

Jehle, G.A., Reny, P.J. (2001) Advanced Microeconomic Theory (2nd edition) Addison-Wewsley Longman Inc.

Additional papers and materials will be delivered by the course administration.

Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

A, B, C, D, E, FX, F

Examination

  • TEN1 - Examination, 6.0 credits, grading scale: A, B, C, D, E, FX, F
  • ÖVN1 - Exercises, 1.5 credits, grading scale: P, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Other requirements for final grade

Term paper, written exam.

Opportunity to complete the requirements via supplementary examination

No information inserted

Opportunity to raise an approved grade via renewed examination

No information inserted

Examiner

Profile picture Kristina Nyström

Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.

Offered by

ITM/Industrial Economics and Management

Main field of study

This course does not belong to any Main field of study.

Education cycle

Second cycle

Add-on studies

No information inserted

Contact

Per-Johan Norbäck, Kristina Nyström