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Foreign Trade University Course Syllabus Academic Year: 2015-2016 PRINCIPLES OF MICROECONOMICS TEACHING TEAM Nguyen Hong Quan, MA Email: hongquannguyen@ftu.edu.vn OFFICE HOURS Nguyen H

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Foreign Trade University Course Syllabus Academic Year: 2015-2016

PRINCIPLES OF MICROECONOMICS

TEACHING TEAM

Nguyen Hong Quan, MA Email: hongquannguyen@ftu.edu.vn

OFFICE HOURS

Nguyen Hong Quan: Friday 14h00 – 17h00

OFFICE ADDRESS

Faculty of International Economics Office: 2nd Floor, Building B, Foreign Trade University

COURSE OBJECTIVES

Principles of Microeconomics is an introductory course to equip undergraduate students the fundamental understandings of microeconomic concept and thinking, such as supply and demand analysis, theories of the firm and individual behavior, competition and monopoly Students will also be introduced to the use of microeconomic applications to address problems in current economic policy throughout the semester

By the end of this course, students should be able to apply principles of economics to real life Specifically, they should:

 Understand consumer behavior

 Understand firm behavior

 Analyze different types of market structures (monopoly, oligopoly and a competitive market)

 Understand how to apply economic principles to a range of policy questions

LEARNING METHOD

Each session deals with different topic, which is presented on course schedule below In order to be productive under time constraint, students are required to READ materials in advance as students are assessed not only on their attendance but also their participation

to in-class discussions

COURSE ASSESSMENT

Students will be evaluated based on their participation in class and written tests More specifically, the grade components are as follows:

Class participation: 10%

Mid term 1: 15%

Mid term 2: 15%

Final exam: 60%

** Notice: There are bonus marks (which is added to mid term result) awarded to

students who volunteer to solve problems in class or those who write essays related to microeconomics

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Foreign Trade University Course Syllabus Academic Year: 2015-2016

REFERENCE

Mankiw, Principle of Microeconomics (any edition)

COURSE AGENDA

3rd (Oct 15) The basics of Supply and Demand Nguyen Hong Quan, MA

4th (Oct 22) The basics of Supply and Demand (cont.) Nguyen Hong Quan, MA

5th(Oct 29) The basics of Supply and Demand (cont.) +

Practice

Nguyen Hong Quan, MA

6th (Nov 5) Elasticities of Supply and Demand Nguyen Hong Quan, MA

8th (Nov 19) Consumer Behaviour (cont.) + Practice Nguyen Hong Quan, MA

11th (Dec 03) Firm Theory (Cont.) Nguyen Hong Quan, MA

12th (Dec 10) Market Structures Nguyen Hong Quan, MA

13th (Dec 17) Market structures (cont.) Nguyen Hong Quan, MA

14th (Dec 24) Market structures (cont.) + Practice Nguyen Hong Quan, MA

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