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MICROECONOMICS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
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)

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