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Subject 'Microeconomics'

Name in Estonian: Mikroökonoomika

Year:   2013/2014    2014/2015    2015/2016    2016/2017    2017/2018    

State codeTLM474
Study languageEstonian
ChairKeskused - humanitaar
Credit points 3 ECTS
Grading method Exam

General description

Economic History. Economics and the nature of economic science.
Demand and supply, elasticity.
Mechanisms of the market economy.
Consumer behavior, consumption of optimization, making a purchasing decision.
Production, production capacity, production costs, and production optimization.
Forms competition.
Resource Markets.
Game Theory.

General aim

Develop economic analysis of the processes occurring in the future.
Provide expertise in the micro-economy of the processes of creating a pre-theoretical basis of economic concepts and theories.
The goal is to acquire a functioning economy based on the principles of rational decision-acceptance ability.

Aim

Manages terminology and key concepts in the economy functioning universal principles and concepts of modern economic trends and developments.
Is acquired and can analyze the economic behavior of market participants.
Can be estimated by microeconomic processes in.
Is able to discuss and defend their positions in a variety of economic situations.

Form description

Lectures with practical exercises, discussions, group work, individual work, presentations

Literature

Eamets, R. jt. Sissejuhatus majandusteooriasse, TÜ: Tartu Ülikooli Kirjastus, 2005
Kaldaru, H. Mikroökonoomika, TÜ: Tartu Ülikooli Kirjastus, 2006, 272 lk.
Kerem, K., Keres, K., Randveer, M. Mikroökonoomika alused, TTÜ: Külim, 2004, 304 lk.
Kerem, K., Randveer, M. Mikro- ja makroökonoomika põhikursus, TTÜ: Külim, 2007, 158 lk.
Randveer, M. Mikroökonoomika ülesannete ja harjutuste kogu, Külim, 2006, 104 lk.
Samuelson, P. A. Nordhaus W.D. Economics, Irwin: McGrow Hill, 2006

Evaluation methods

Subject final grade will independent work (essays and practical solutions for tasks), group work (situation analysis and assessment of the economic news), a quiz, and a summary of the exam.

Name of the e-learning course at Moodle environment (http://ekool.tktk.ee)

Mikroökonoomika TLM474

Is taught in following curricula

2018: TL  
2017: TL  
2016: TL  
2015: TL  
2014: TL  
2013: TL  

Related subjects

Replacement Subjects
TLM318 Micro- and Macroeconomics
TLM116 Micro- and Macroeconomics
TLM310 Micro- and Macroeconomics
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