Page 8 - MEc_MINI_HANDBOOK_S1_2425_FINAL

◄Faculty of Business and Economics►

AA017002 ADVANCED MICROECONOMICS
4 Credits

Course Learning At the end of this course, students are able to:
Outcomes
(1) Demonstrate an in-depth understanding of advanced
microeconomic principles, theories and methods of
analysis;
(2) Appraise the solutions for economic problems using
analytical methods;
(3) Analyse the core topics of microeconomics at the
advanced level via the mathematical approach; and
(4) Specify the use of microeconomic concepts and
methods to analyse and interpret real-world
microeconomic phenomena.

Synopsis of Course This course will analyse microeconomic theory in terms of
Contents the classical approach as well as modern microeconomic
theory. The course will focus on the core topics of
microeconomics such as the consumer theory, the theory
of the firm, market structures, and market failures, and
applications of game theory. The combined application
basic mathematic tools and microeconomic theory will give
the student the opportunity to develop quantitative and
analytical reasoning skills. The students are expected to
have intermediate microeconomics knowledge upon
registering for this course.

Assessment Weightage Continuous Assessment: 50%
Final Examination: 50%

Medium of Instruction English

7