| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| EKF207 | MICROECONOMICS | 3 | 3 | 3 | 6 |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
|---|
| Explain the basic concepts and assumptions in microeconomics. |
| Analyze consumer theory. |
| Interpret the elasticities of goods. |
| Analyze producer equilibrium. |
| Explain the product cost, short and long run all cost functions. |
| Analyze the strategic behaviour of the perfect competition market, monopoly, monopolistic competition market and oligopoly markets. |