Faculties and centres
This subject is the second in the sequence of Microeconomics and it follows the subject "Introduction to Microeconomics" of the first half of the first year. It belongs to the area of Economic Analysis.
The modern Economic Analysis is divided into two major fields of study: microeconomics and macroeconomics. Microeconomics studies the behavior of individual economic agents, i.e., any individual or entity performing any role in the functioning of the economy.
In the subject "Introduction to Microeconomics", we present the economic theories designed to explain the principles discovered in experimental classroom markets, and their applications. The subject "Intermediate Microeconomics" covers the contents not present in the first subject: consumer behavior and demand, producer behavior and market power, and non-competitive markets.
General Competences (CG)
General Competences acquired at University of Alicante (CGUA)
Specific Competences (CE)
You will come to appreciate the great power and some of the shortcomings of economic theory in explaining the economic world in which we live.