Microeconomics
Teaches: Bazylinska Olena / Nezhyvenko Oksana
Microeconomics is the basic course for student at Bachelor program in economic field. It presents how economic individuals optimize their behavior on the market in the situation of unlimited desires and limited resources. The aim of the course is to provide basic understanding of theories of consumer’s behavior, firms, market systems and production factors.
Content- Key Areas:
- Functions of Demand and Supply. Equilibrium. Elasticity
- Theory of Marginal Utility
- Production Factors and Production Function
- Market Systems: Competitive, Oligopoly, Monopoly