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Microeconomics I - Period 2
Business & Economics Program
Amsterdam, Netherlands
Dates: 8/20/22 - 12/24/22
Microeconomics I - Period 2
OVERVIEW
CEA CAPA Partner Institution: Vrije Universiteit Amsterdam
Location: Amsterdam, Netherlands
Primary Subject Area: Economics
Instruction in: English
Course Code: E_EBE1_MICEC
Transcript Source: Partner Institution
Course Details: Level 100
Recommended Semester Credits: 3
Contact Hours: 84
DESCRIPTION
This course considers rational consumers and producers, that maximize under some conditions their utility and profits, respectively. This paradigm is used to derive supply and demand curves, which are used to analyse market equilibrium. Within different market structures (competition, monopoly, oligopoly) the price setting in equilibrium is studied. Also settings are considered where markets fails. In addition, attention is devoted to uncertainty, auctions, market power and the role of the government.
Vrije Universiteit Amsterdam (VU Amsterdam) awards credits based on the ECTS system. Contact hours listed under a course description may vary due to the combination of lecture-based and independent work required for each course therefore, CEA's recommended credits are based on the ECTS credits assigned by VU Amsterdam. 1 ECTS equals 28 contact hours assigned by VU Amsterdam.
Vrije Universiteit Amsterdam (VU Amsterdam) awards credits based on the ECTS system. Contact hours listed under a course description may vary due to the combination of lecture-based and independent work required for each course therefore, CEA's recommended credits are based on the ECTS credits assigned by VU Amsterdam. 1 ECTS equals 28 contact hours assigned by VU Amsterdam.