Principles of Microeconomics

This course is the first part of the two-semester course which provides introduction to the microeconomic theory and its applications.

It refers to the basic concepts of Microeconomics such as the theory of consumer choice and the producer theory. The objective of the course is to equip students with a basic knowledge and understanding of the foundations of modern economic analysis.

We will look at the classical developments in microeconomic theory but the main focus will be on developing analytical skills and encouraging students to use analytical approach to approach real-world phenomena.