LEARNING OUTCOMES
Gaining a deeper understanding of microeconomic phenomena, mastering basic tools and getting ideas for strategic economic decision-making situations.
Credits: 5
Schedule: 26.10.2022 - 09.12.2022
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Marko Terviö
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
Using game theory to analyze strategic decision-making situations and to understand oligopolistic markets, using various price differentiation strategies, understanding and solving economic problems caused by asymmetric information and externalities, understanding markets with network externalities.
Assessment Methods and Criteria
valid for whole curriculum period:
Final grade is based on exam (50%), and homework (50%). In order to pass the course the student must obtain at least 50% of the possible total points for the homework exercises.
Workload
valid for whole curriculum period:
Lectures 24 hours, optional q&a sessions 10 hours, exam 3 hours, and self-study including homework 123 hours.
DETAILS
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
8 Decent Work and Economic Growth
9 Industry, Innovation and Infrastructure
13 Climate Action
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language : English
Teaching Period:
2022-2023 Autumn II
2023-2024 Autumn II