Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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EKF201 | MICROECONOMICS | 5 | 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) |
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define what is economics, market mechanism and the capitalist system |
recognize the process of perfect competitive markets |
identify the behaviours of consumers and the components of demand |
analyze the production technology and the ingredients of costs |
discuss the ways of production and pricing in goods market |
discover different methods about input pricing |