Microeconomics II

University of Cape Town

Course Description

  • Course Name

    Microeconomics II

  • Host University

    University of Cape Town

  • Location

    Cape Town, South Africa

  • Area of Study

    Economics

  • Language Level

    Taught In English

  • Course Level Recommendations

    Lower

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Host University Units

    18
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4 - 5
  • Overview

    The course formalizes consumer and producer optimisation, and explores factor markets under perfect and imperfect competition before introducing general equilibrium theory, graphically and algebraically. The final section, on industrial organisation, looks at models that relax the critical assumptions of GE. All sections of the course incorporate applications. The sequence and number of lectures allocated to topics is variable.

Course Disclaimer

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.