| Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
|---|---|---|---|---|---|
| EFS501 | MICROECONOMIC ANALYSIS | 1 | 3 | 3 | 6 |
Objectives and Contents |
|
|---|---|
| Objectives: | The students are expected to have some basic knowlege on the major aggregates and understand the reasons behind the economic decision individual and firms. |
| Content: | Consumer theory, cardinal and ordinal utility, producer theory, short and long run production functions, production costs theory, short and long run production costs, supply analysis, price theory, changes on market equilibrium |