|
HU Credits:
4
Degree/Cycle:
1st degree (Bachelor)
Responsible Department:
Environmental Economics & Management
Semester:
2nd Semester
Teaching Languages:
Hebrew
Campus:
Rehovot
Course/Module Coordinator:
Prof. Ayal Kimhi
Coordinator Office Hours:
by appointment
Teaching Staff:
Mr. Ofer Bruner
Course/Module description:
The course discusses the decisions of the producer at the technology and costs levels and the producer's behavior in the various markets.
Course/Module aims:
Provide the students with tools for understanding the behavior of firms in the different markets and its implication for economy-wide welfare
Learning outcomes - On successful completion of this module, students should be able to:
Students will be able to analyze the implications of the different market structures, what conditions prevail in these market structures, their implications for welfare and government interventions most suitable for these conditions.
Attendance requirements(%):
100
Teaching arrangement and method of instruction:
lectures and exercises
Course/Module Content:
1. Production function
2. Expenditure function
3. Maximizing profits
4. Equilibrium in Perfect competition
5. Demand for factors of production
6. Monopoly
7. Monopsony
8. Oligopoly
Required Reading:
None
Additional Reading Material:
• Varian- Intermediate Microeconomics
Grading Scheme :
Written / Oral / Practical Exam 100 %
Additional information:
Students are required to submit 80% of the exercises given during the semester, on time. Students who do not fulfill this requirement will lose 5 points for each exercise not submitted on time on top of the 20% allowed.
|
