Microeconomics (630015-B-3) is a course for students in the BA Public Governance program and students in other programs who have an interest in economics, public policy, and public administration. The course introduces students to microeconomics, while focusing on topics of particular importance to government and public policy decision-makers. |
After the successful completion of the course, students will be able to:
- (A) explain and apply fundamental microeconomic theories of decision-making (pertaining, for example, to consumers, firms, workers and governments)
- (B) relate interactions between market participants to resultant aggregate market outcomes (in terms of the quantities traded and resulting prices)
- (C) explain how the microeconomics of markets can function as a governance mechanism
- (D) understand and critically reflect upon the production and maintenance of public goods and describe and assess the effects of government action on production, allocation and distribution of other types of goods and services
- (E) analyze the effects of government action on market outcomes and recommend policy action under various policy objectives
Microeconomics (630015) is fully aligned with, and is intended to follow, the (3 ECTS) introductory microeconomics course for students in International Business Administration (Economics 1 for IBA: Microeconomics (30J112)) but students in other programs at Tilburg University, as well as exchange students from other universities are welcome to enroll. Students in the BA Public Governance program will typically take Microeconomics (630015) after completing Microeconomics (30J112), but completion of Microeconomics (30J112) is NOT a prerequisite for enrolling in Microeconomics (630015).
The course consists of lectures and tutorial discussions. Hands-on work will be encouraged through (ungraded) homework assignments that need to be prepared in advance and will be discussed in class. Assessment is based on a final exam and (if necessary) a re-sit exam. Both are multiple-choice closed-book exams.
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