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Intermediate Microeconomics

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    • Category : Social Sciences > Economics & Finance
    • Keyword : Microeconomics,Demand,Market,Function,Production
    • Taught by : Kiseung Kim
    • Created By : Pusan National University
    • Offered By : KOCW
    • Date Added : 2016.12.26

    This is an introductory course in microeconomicswhich covers the fundamental theories of the consumerthe firmand marketsand it is required for any student wishing to major (or minorin business or economics.

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Number of lessons: 14 facebook twitter line whatsapp kakaotalk

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No Contents Type & Play Subject Description URL
1. Type docunent Subject Description
  • Outline of course
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  • The Basics of Supply and Demand
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  • Characteristic of elesticity of demand
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  • Lecture about price leasticity of supply and comsumer preference
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  • Deriving MRS from Utility Function, Budget Constraints, and Interior Solution of Optimization
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  • Concept of Substitution and Income Effect with Giffen goods, Individual and Market Demand, Consumer Surplus
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  • Introduce production theory and production function
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  • Economic aspect of producer
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  • How to maximize the profit and explain some type of market
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10. Type docunent Subject Description
  • Class about monopoly
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  • Explanation of monopolistic competitive market
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  • Notion of oligopoly and typical model
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  • What is the game theory
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14. Type docunent Subject Description
  • Varied phenomenon derived from information asymmetry
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