The course has two main purposes. Firstly, it provides a deeper analysis of microeconomic problems than what the students have experienced in the foundation course in microeconomics. In particular, this applies to the analysis of markets and of efficiency. Secondly, a number of important ways of applying microeconomic theory such as capital markets, the labour market, economic organization and the effects of economic policies are discussed.

Course content

  • Industry dynamics
  • Markets and efficiency
  • The capital market
  • The labour market
  • Taxes and public policy
  • Economic organization: incentives and contracts


This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.