Microeconomics II

Code:

1EC110

Acronym:

MICII

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2013/2014 - 2S (of 10-02-2014 to 06-06-2014)

Active?	Yes
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Bachelor in Economics

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
LECO	432	Bologna Syllabus since 2012	1	-	6	63	162

Teaching language

Portuguese

Objectives

To provide students with a solid and complete basis to be able to learn other courses based on Microeconomics.

Learning outcomes and competences

Microeconomic theory.

Working method

Presencial

Program

The firm. Technology. Cost minimization and cost function. The firm's aims: profit maximization. Market structures. Perfect competition. Proft maximization and welfare. Short and log run equilibria. Taxes and subsidies. Monopoly. Monopoly inneficiency. Lerner index. Price discrimination. regulation: price caps. Uncertainty. Lotterires. Expected utility. Risk aversion. Demand for insurance.

Mandatory literature

Varian, Hal; Microeconomia Intermédia, Verlag Dashöfer Portugal , 2010
Barbot, C. e A. Castro; Microeconomia, McGraw-Hill, 1997

Complementary Bibliography

Besanko, D. and R. Braeutigam; Microeconomics, Wiley, 2005

Teaching methods and learning activities

Theoretical and practical courses.

Software

No need of software

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Exame	19,00
Participação presencial	81,00
Total:	100,00

Eligibility for exams

Any student is elegible for exams.

Calculation formula of final grade

Distribution assessment: three tests, with equal weight. A minimal mark of 7,0 in each test is required.

Examinations or Special Assignments

None.

Special assessment (TE, DA, ...)

None.

Classification improvement

Exam.