Sign In With Google
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.
-
Host University Units
18 -
Recommended U.S. Semester Credits3
-
Recommended U.S. Quarter Units4 - 5
Hours & Credits
-
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.