Translation of the Swedish course syllabus

Intermediate Microeconomics, 7.5 credits

(Intermediär mikroekonomi, 7,5 högskolepoäng)
Course code: 1111NE
Subject area: Economics
Main field of study: Economics
Academic school: School of Social Sciences
Disciplinary domain: Social Sciences 100%
Grading scale: AF
Education cycle: First-cycle (Bachelor)
Course level: B (intermediate)
Progressive specialisation: G1F (First cycle. Entry requirements: 0-60 credits from first-cycle courses)
Language of instruction: English
Valid from: HT 2018 (autumn semester)

1. Validation

This course syllabus was validated by the Faculty Board for Social Sciences at Södertörn University on 2018-09-26 according to the stipulations in the Higher Education Ordinance.

2. Entry requirements

30 credits in Economics A and English B or equivalent.

3. Learning outcomes

  • introduce basic concepts of microeconomic theory,
  • describe consumers’and firms’optimizing behaviour,
  • describe the concept of equilibrium, and explain how prices and quantities,(production/ consumption) are determined in a market economy,
  • explain how the structure of the market affects social welfare and the allocation of the market surplus,
  • describe how government policies affect consumers’and firms’behaviour and choices,
  • describe how incomplete information can lead to suboptimal outcomes.

4. Course content, modules and examinations

The course creates deeper understanding of economic theory about choice, the determination of prices and the importance of the market system for the allocation of resources. During the module, students investigate consumer behavior under certainty and uncertainty, as well as the importance of prices as providers of information and resource allocation. Certain concepts such as collective goods, external effects and asymmetric information are described and their analytical use in microeconomic theory is explained.

  • Intermediate Microeconomics, 7,5 credits
    (Intermediär mikroekonomi, 7.5 högskolepoäng)

    1001, Intermediate Microeconomics, 7,5 credits
    (Intermediär mikroekonomi, 7.5 högskolepoäng)
    Grades permitted: A/B/C/D/E/F

5. Course design

- Lectures and Seminars. Some individual work or group work may be required in addition to the lectures.

6. Examination format

Written examination and take-home assignments.
 The grading criteria are distributed prior to the start of a course or module.

If a student has a certificate for compensatory support from Södertörn University, the examiner may decide on an adapted examination or alternative examination form in accordance with Södertörn University's regulations.

7. Reading list

If there are changes in the reading list between semesters, a new list for the next semester is to be validated no later than July 15 and December 15 respectively.
Valid from Valid to Decision date Decision board
HT 2019HT 20192018-05-30Ämnesrådet för nationalekonomi vid institutionen för samhällsvetenskaper
VT 2020VT 20202019-11-06Ämnesrådet för nationalekonomi vid institutionen för samhällsvetenskaper
HT 20202020-04-29Ämnesrådet för nationalekonomi vid institutionen för samhällsvetenskaper

8. Restrictions on accreditation

The course may not be accredited as part of a degree if the contents are partly or wholly the same as a course previously taken in Sweden or elsewhere.