Applied Microeconomics
BASIC DATA
course listing
A - main register
course code
MEC5010
course title in Estonian
Rakenduslik mikroökonoomika
course title in English
Applied Microeconomics
course volume CP
-
ECTS credits
6.00
to be declared
yes
fully online course
not
assessment form
Examination
teaching semester
autumn
language of instruction
Estonian
English
Study programmes that contain the course
code of the study programme version
course compulsory
TAAM02/25
yes
Structural units teaching the course
ME - Department of Economics and Finance
Course description link
Timetable link
View the timetable
Version:
VERSION SPECIFIC DATA
course aims in Estonian
Süvendada oma teadmisi mikroökonoomika printsiipidest ja nende rakendustest arendades analüütilisi ja probleemi lahendamise oskusi, omandada uusi teemasid töö-ökonoomikas, tarbijakäitumise ja turgude toimimise kohta mittetäieliku informatsiooni korral.
course aims in English
To further develop understanding of microeconomic principles and their applications by developing analytical and problem-solving abilities, by mastering new topics in labour economics, consumer behaviour and imperfect information.
learning outcomes in the course in Est.
Üliõpilane:
- on arendanud analüütilisi oskusi, mida saab rakendada kaasaegses mikroökonoomikas;
- oskab kasutada uusi printsiipe ja mudeleid tööturu, tarbijakäitumise, ettevõtete otsustusprotsesside ja hinnapoliitika kohta;
- on võimeline kriitiliselt hindama mikroökonoomika mudeleid;
- oskab analüüsida empiirilisi tulemusi mikroökonoomika kirjanduses;
- saab aru turgude toimimisest.
learning outcomes in the course in Eng.
The student:
- has further defeloped analytical skills as applied in modern microeconomics;
- is able to use new principles and modelsin labour market, in consumer behaviour, in decision making and price-setting of companies;
- is able to critically appraise microeconomic models;
- is able to reveiw empirical evidence in the field of microeconomics;
- masters the knowledge about functioning of markets.
brief description of the course in Estonian
Tööturg, tööjõu nõudlus ja pakkumine. Palkade kujunemine ja tööpuudus. Turu tasakaal ja efektiivsus. Tarbija valik ja määramatus. Intertemporaalne valik. Mittetäielik informatsioon ja efektiivsus. Mänguteooria ja läbirääkimised.
brief description of the course in English
Labour market, labour demand and supply. Equilibrium and efficiency. Consumer choice and uncertainty. Intertemporal choice. Imperfect information and efficiency. Game theory and bargaining.
type of assessment in Estonian
Eristav hindamine: kirjalik eksam (64%), rühmatööd (20%), iseseisev töö (16%)
type of assessment in English
Grading: written exam (64%), group work (20%), independent work (16%)
independent study in Estonian
Iseseisev kirjanduse läbitöötamine ja iganädalane ülesannete lahendamine, kodutööde kirjutamine.
independent study in English
Work independently with literature and solve exercises each week, prepare homeworks.
study literature
Modern Labor Economics: Theory and Public Policy, 10th Ed.; Hal, R. Varian. „Intermediate Microeconomics: A Modern approach (Ninth Edition), 2014;
Serrano, R. and Feldman, A. M. „A short course in Intermediate Microeconomics with Calculus“. Cambridge University Press (10th ed), 2013
study forms and load
daytime study: weekly hours
3.0
session-based study work load (in a semester):
lectures
1.5
lectures
-
practices
0.0
practices
-
exercises
1.5
exercises
-
lecturer in charge
Merike Kukk, vanemteadur (ME - majandusanalüüsi ja rahanduse instituut)
LECTURER SYLLABUS INFO
semester of studies
teaching lecturer / unit
language of instruction
Extended syllabus
2025/2026 autumn
Merike Kukk, ME - Department of Economics and Finance
Estonian
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    2024/2025 autumn
    Merike Kukk, ME - Department of Economics and Finance
    Estonian
      2023/2024 autumn
      Merike Kukk, ME - Department of Economics and Finance
      Estonian
        2022/2023 autumn
        Merike Kukk, ME - Department of Economics and Finance
        Estonian
          2021/2022 autumn
          Merike Kukk, ME - Department of Economics and Finance
          Estonian
            Hindamiskriteeriumid_MEC5010_Mikroökonoomika_2020_Eng.pdf 
            2020/2021 autumn
            Merike Kukk, ME - Department of Economics and Finance
            Estonian
              Hindamiskriteeriumid_MEC5010_Mikroökonoomika_2020_Eng.pdf 
              2019/2020 autumn
              Merike Kukk, ME - Department of Economics and Finance
              Estonian
                Hindamiskriteeriumid_MEC5010_Mikroökonoomika_2020_Eng.pdf 
                2018/2019 autumn
                Merike Kukk, ME - Department of Economics and Finance
                Estonian
                  Hindamiskriteeriumid_MEC5010_Mikroökonoomika_2020_Eng.pdf 
                  Course description in Estonian
                  Course description in English