Economics: Microeconomics - Individual Choice

You get a rigorous understanding of how individuals make economic decisions. We cover the foundations of microeconomic theory, including preferences, utility and choice; how consumers and producers respond to prices and constraints; and how choices are made under uncertainty. You will learn how to model individual behaviour, how to derive and interpret demand and supply, and how markets allocate resources. A particular emphasis is placed on formal reasoning and mathematical proofs, which helps you build transferable skills in abstraction and problem solving.

The course is relevant for you if you wish to deepen your knowledge of economics, as it forms the theoretical backbone for many applied and empirical topics. It is particularly valuable if you are interested in further studies in economics or related fields.

Course syllabus

The syllabus contains the formal and legal details of the entire course. It’s a legal document outlining the course structure and requirements, intended mainly for administrative use.

Course literature

The course literature listed may be updated up to eight weeks before the course begins.

Teaching is based on lectures and problem-based sessions. The lectures introduce the theoretical tools and main results, while the problem sessions focus on exercises designed to deepen your understanding and develop your ability to work with formal economic models. You are expected to engage actively with the material and work independently with the course problems.

Grades are based on a final written exam that tests your ability to apply the models and concepts covered in the course. To support your learning, we distribute problem sets during the course and discuss them in class. The problem sets are not graded, though. The final grade is based entirely on the exam.

Entry requirements

At least 90 ECTS credits in economics, including courses corresponding to NEKN21 Advanced Microeconomic Analysis, 7,5 credits, NEKN32 Economics: Mathematical Methods, Advanced Level, 7.5 credits, and NEKN01 Economics: Master Essay I, 15 credits.

Selection criteria

Seats are allocated according to: ECTS (HPAV): 100 %.

Tuition fees for non-EU/EEA citizens

Citizens of countries outside:

• The European Union (EU)
• The European Economic Area (EEA) and
• Switzerland

are required to pay tuition fees. You pay an instalment of the tuition fee in advance of each
semester.

Tuition fees, payments and exemptions

Full programme/course tuition fee: SEK 18,750
First payment: SEK 18,750

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Note that you may also need to pay an application fee, or provide proof of exemption.

Application fee

No tuition fees for citizens of the EU, EEA and Switzerland

There are no tuition fees for citizens of the European Union (EU), the European Economic Area (EEA) and Switzerland.