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Microeconomics
Last Updated: 2026-02-05 15:06:35
Abstract
Basic principles of demand and supply, market and state in a modern economy.Cost analysis, economies of scale and economies of scope.Perfect competition, monopoly, oligopoly and monopolistic competition, barriers to entry, market concentration, market power.Natural monopoly, regulation, deregulation, privatisation of public enterprises, technological innovation and investment decision.
Objective
The objective is to learn the basic principles, problems and approaches in microeconomics and industrial organization.
Content
Part 1: Basic principles of demand and supply, market and state in a modern economy. Part 2: Cost analysis, economies of scale and economies of scope. Part 3: Perfect competition, monopoly, oligopoly and monopolistic competition, barriers to entry, market concentration, market power. Part 4: Natural monopoly, regulation, deregulation, privatisation of public enterprises, technological innovation and investment decision.
Resources
Lecture Notes
There are lecture notes and reference material on the E-learning-platform.
Literature
Carlton, D.W. und J.M. Perloff (2005), „Modern Industrial Organization”, 4. edition, Addison-Wesley. Pindyck, S.R. und D.L. Rubinfeld (2005), „Microeconomics”, 6. edition, Prentice Hall. Samuelson, P.A. und W.D. Nordhaus (1998), „Economics“, 18. edition, McGraw-Hill/Irwin.
General Information
- Language
- English
- Levels
- BSC , DS , MSC
- Frequency
- Yearly recurring
Examination
- Type
- end-of-semester examination
Course Components
| Type | Title | Time & Place | Hours |
|---|---|---|---|
| lecture with exercise | Microeconomics |
|
3 h weekly |
Offered In
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Humanities, Social and Political Sciences (In order to be awarded credits, please register under "Pflichtwahlfach GESS"!. The language courses are offered by the ETH and University of Zurich Language Center.)
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Major in Enterprise Sciences (Programme Variant B) (At least 7 credits in the area of Finance, and 6 credits in the area of Business Administration must be obtained.)
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