|SCHOOL||Faculty of Social, Political and Economic Sciences|
|ACADEMIC UNIT||Department of Economics|
|LEVEL OF STUDIES||Undergraduate|
|COURSE TITLE||Microeconomics II|
|INDEPENDENT TEACHING ACTIVITIES
if credits are awarded for separate components of the course, e.g. lectures, laboratory exercises, etc. If the credits are awarded for the whole of the course, give the weekly teaching hours and the total credits
|WEEKLY TEACHING HOURS||CREDITS|
|Add rows if necessary. The organisation of teaching and the teaching methods used are described in detail at (d).|
|LANGUAGE OF INSTRUCTION and EXAMINATIONS:||Greek|
|IS THE COURSE OFFERED TO ERASMUS STUDENTS|
|COURSE WEBSITE (URL)||https://eclass.duth.gr|
- LEARNING OUTCOMES
|The course learning outcomes, specific knowledge, skills and competences of an appropriate level, which the students will acquire with the successful completion of the course are described.
Consult Appendix A
· Description of the level of learning outcomes for each qualifications cycle, according to the Qualifications Framework of the European Higher Education Area
· Descriptors for Levels 6, 7 & 8 of the European Qualifications Framework for Lifelong Learning and Appendix B
· Guidelines for writing Learning Outcomes
-Knowledge and understanding of economic science
-Application of economic science
-Effective communication in the global economic environment
-Development of strategic and critical thinking and the ability to highlight and study an economic subject.
-A consistent and coherent command of the language of economics. This should include theability to clearly define standard terms and explain basic concepts and principles in both micro and macroeconomics, as well as the ability to structure economic arguments coherently and convincingly (rhetoric).
-The ability to explain how economic agents (individuals, households, firms, governments, etc.)make decisions and choices and to use this to solve problems related to economic decisions.
-The ability to explain the basic workings of an economic system and the role of policy in such a system.
-The ability to use economic reasoning to formulate and evaluate economic advice and policy.
-The ability to understand economic theory principles using mathematical and quantitative methods and to model systems utilizing these methods.
-The ability to apply economic reasoning and methods effectively to the study of specific topic areas (For example, markets, public finance, environment, health, labor markets, international trade, etc.)
-The ability to raise and explore a specific issue in economics. This involves identifying the
subject to study, knowing suitable examination methods and the ability to draw conclusions.
|Taking into consideration the general competences that the degree-holder must acquire (as these appear in the Diploma Supplement and appear below), at which of the following does the course aim?|
|Search for, analysis and synthesis of data and information, with the use of the necessary technology
Adapting to new situations
Working in an international environment
Working in an interdisciplinary environment
Production of new research ideas
|Project planning and management
Respect for difference and multiculturalism
Respect for the natural environment
Showing social, professional and ethical responsibility and sensitivity to gender issues
Criticism and self-criticism
Production of free, creative and inductive thinking
-Production of new research ideas
-Production of free, creative and inductive thinking
|This course presents the theory of consumption and production. Specifically, the consumer’s utility maximization problem and the derivation of the demand curve are analyzed. Moreover, detailed analysis of the various production functions, of the firm’s cost minimization problem and of the cost theory are presented. Finally, the course analyzes issues such as consumer’s attitude towards risk. All topics are analyzed both graphically and mathematically using proper mathematical techniques such as the Lagrange method.
- TEACHING and LEARNING METHODS – EVALUATION
Face-to-face, Distance learning, etc.
|USE OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
Use of ICT in teaching, laboratory education, communication with students
The manner and methods of teaching are described in detail.
Lectures, seminars, laboratory practice, fieldwork, study and analysis of bibliography, tutorials, placements, clinical practice, art workshop, interactive teaching, educational visits, project, essay writing, artistic creativity, etc.
The student’s study hours for each learning activity are given as well as the hours of non-directed study according to the principles of the ECTS
|STUDENT PERFORMANCE EVALUATION
Description of the evaluation procedure
Language of evaluation, methods of evaluation, summative or conclusive, multiple choice questionnaires, short-answer questions, open-ended questions, problem solving, written work, essay/report, oral examination, public presentation, laboratory work, clinical examination of patient, art interpretation, other
Specifically-defined evaluation criteria are given, and if and where they are accessible to students.
The language of evaluation is Greek and students have to take a final exam.
- ATTACHED BIBLIOGRAPHY
|– Suggested bibliography:
Microeconomics, Ι.Μ. Palaiologos, Μ.L. Polemis
Microeconomics, Besanko David A., Braeutigam Ronald R.
Microeconomics, Ε.Drandakis, G.Bitros, Ν.Baltas
– Related academic journals:
Journal of Economic Theory
International Journal of Industrial Organization