Brief Course Description
1. Course Title:
Microeconomics
2. Language of Instruction:
Tiếng Việt
3. Course Code:
ECO501001
4. Credits:
3
5. Course Objectives:
Microeconomics studies the behaviors of different economic agents in making decisions towards the efficient allocation of scarce resources. It focuses on the motivations and process of decision making of those agents, and the effects of these decisions on other agents as well as on the entire economy. It also identifies market failures that are the basis of government interventions for efficiency in the conditions of general competitive equilibrium.
6. Brief Description of Course Content:
This course studies the behavior of economic actors in the market for decision-making to efficiently allocate scarce resources. The course focuses on the motives and decision-making of these subjects and the influence of decisions on other subjects as well as the economy as a whole. The course also identifies capital market failures that underlie the government's corrections toward optimum efficiency under a competitive overall equilibrium.