Aims of the course are:

1. To provide the student with a broad overview of the scope and problems dealt with in microeconomics.
   
2. To provide the student with the analytical skills needed to investigate complex problems in real life.
   
3. To provide the student with skills which can be easily adapted in the analytical studies of individual markets and the economy as a whole.
   
4. To provide the student with the analytical skills needed for policy recommendation.
   
5. To provide the student with a sound grounding for further study in economics.
   

Course contents/lectures

• Economic Models
  
• Utility and Choice
  
• Demand Curves
  
• Production
  
• Cost
  
• Profit maximization and Supply
  
• Perfect competition in a single market
  
• Monopoly
  
• Imperfect Competition