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MICROECONOMICS
Subject code: 16254103 Print
Identification data
Year: 2025-26
Subject
MICROECONOMICS
Code
16254103
Course
Bachelor's Degree in Business Administration and Management (2024)
Level
Undergraduate
Subject matter
Economic Analysis
Scope
Credits
Type
Academic year
6.0
COMPULSORY
2nd curs
Period
First semester
General description
This course covers various microeconomic topics. Initially, the basic theory of non-cooperative games was introduced. Next, the behavior of companies in different market structures (Monopoly and Oligopoly) is analyzed. Finally, the choice of an economic agent in an environment with uncertainty and asymmetric information is analyzed.
Modality of instruction
Face-to-face
Required subjects
Recommended subjects
Pre-requisite
16254004 - INTRODUCTION TO ECONOMICS
16254009 - MATHEMATICS II
Requisits i Recomanacions
Subjects that is recommended to have taken before: Mathematics II and Introduction to Economics
Coordinator
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Instructor(s)
Schedules, classrooms and language of instruction for group
Schedules, classrooms and language of instruction for group

Specific learning outcomes of the degree

  • K1  - Describe the basic operating principles of the economy at the micro- and macroeconomic level for business management.
    • K1.3 - Explain how a competitive economy operates and the consequences it has for the welfare of society.

Transversal learning outcomes of the degree

  • ST2 - Solve problems in a critical, creative and innovative way in their field of study
    • ST2.1 - Use a systematic method to solve problems in the field of the discipline (identify the problem, divide it into parts, identify its causes and apply knowledge specific to the discipline)
    • ST2.2 - Design a new solution with the necessary resources for solving the problem
    • ST2.3 - Make a realistic model with the specific items of the solution proposed and reflect on the model

Part I: GAME THEORY

Unit 1. Static games

Unit 2. Dynamic games

Part II: MARKETS AND MARKET STRUCTURES

Unit 3. Monopoly

Unit 4. Oligopoly

Part III: DECISION THEORY UNDER UNCERTAINTY AND ASYMMETRIC INFORMATION

Unit 5. Choice under uncertainty

Unit 6. Asymmetric information
The data displayed in the table is orientative, taking into consideration the heterogeneity of students

Other observations:

If the student pass the first call final exam, the final mark will be the weighted average of the mark of the final exam (60%) and the mark of  the continuing assessment (10%(Seminars/Active Participation)+2x15%(2 Tests) = 40%).

If the student does not pass the first call final exam, the final mark will be the mark of the final exam.

Second call:

The second call exam has a weight of 100% of the final mark.

Basic bibliography

  • ( Book ) Nicholson, Walter., Teoría microeconómica : principios básicos y aplicaciones , cop. 2004 Access to the CRAI
  • ( Book ) Varian, Hal R. / Rabasco, Esther, trad., Microeconomía intermedia : un enfoque actual , DL 2015 Access to the CRAI
  • ( Book ) Giménez Gómez, José M. / Llop Llop, Maria, autor / Manzano, Carolina, autor, Problemas resueltos de microeconomía intermedia , 2019 Access to the CRAI
  • ( Book ) Pindyck, Robert S. / Rubinfeld, Daniel L., autor, Pindyck, Robert S., Microeconomics. Castellà
    Microeconomía     , 2018 Access to the CRAI

Complementary bibliography