Guía docente de Microeconomía (M56/56/1/3)

• Consumption Theory.
• Production Theory.
• Decision Making under Uncertainty.
• General Equilibrium.

Students are expected to have basic knowledge of:

• Microeconomics.
• Linear algebra.
• Calculus.

Students will be able to:

• Present information in a clear and orderly fashion and reply logically to questions and comments by using economic analysis.
• Extend his/her skills in quantitative and qualitative analysis.
• Construct and resolve basic microeconomic models.

• PART 1: Consumption Theory.
  • Chapter 1: Consumers' choice: preferences and budget constraint.
  • Chapter 2: Price changes and consumer choice. Individual and market demand function.
• PART 2: Production Theory.
  • Chapter 3: Technology and production.
  • Chapter 4: Producer's choice: profit maximization and cost minimization.
• PART 3: General Equilibrium.
  • Chapter 5: Efficiency in Consumption and Production.
• PART 4: Decision Making Under Uncertainty.
  • Chapter 6: Preferences, budget constraint and choice under risk.

• Problem-solving exercises, including numerical and graphical exercises, corresponding to the theoretical topics covered in the course.
• In-class tests based on multiple-choice questions related to the theoretical contents of the course and the application of economic reasoning.
• Attendance and participation in seminars related to the subject, if such seminars are organised.

• Besanko, D., & Braeutigam, R. R. (2020). Microeconomics (6th ed.). John Wiley & Sons.

• Frank, R. H. (2008). Microeconomics and behavior (7th ed.). McGraw-Hill/Irwin.
• Kreps, D. M. (2004). Microeconomics for managers. W. W. Norton & Company.
• Pindyck, R. S., & Rubinfeld, D. L. (2013). Microeconomics (8th ed.). Pearson Prentice Hall.
• Varian, H. R. (2010). Intermediate microeconomics: A modern approach (8th ed.). W. W. Norton & Company.

• MIT OpenCourseWare. 14.01SC Principles of Microeconomics — Prof. Jonathan Gruber, Fall 2011. Available at: https://ocw.mit.edu/courses/14-01sc-principles-of-microeconomics-fall-2011/ (Accessed 4 July 2026). License: CC BY-NC-SA 4.0.

• MD01 Lección magistral/expositiva 
• MD03 Resolución de problemas y estudio de casos prácticos 

Article 18 of the UGR Assessment Policy and Regulations establishes that the ordinary assessment session (convocatoria ordinaria) will preferably be based on the continuous assessment of students, except for those who have been granted the right to a single final assessment (evaluación única final), which is an assessment method that only takes a final exam into account.

With the purpose of assessing the acquisition of the contents and competencies developed in the subject, the following assessment procedure will be used (the weight of each item in the final grade is shown in parenthesis):

• Final written exam (70%): The final exam will assess the theoretical and practical contents of the subject. It may include multiple-choice questions requiring justification. It may also include numerical exercises or problems requiring calculations, graphical analysis and/or written development.
• In-class tests (20%): Two individual in-class tests will be completed during the course. Each test will account for 10% of the final grade and will consist of multiple-choice questions assessing students’ understanding of theoretical contents and their ability to apply economic reasoning. Multiple-choice questions will require justification.
• Contributions and participation during the course (10%): This component will assess students’ contributions during the course, including questions, comments and interventions in lectures and class discussions. Attendance and participation in seminars related to the subject will also be considered, if such seminars are organised.

Article 19 of the UGR Assessment Policy and Regulations establishes that students who have not passed a course in the ordinary assessment session (convocatoria ordinaria) will have access to an extraordinary assessment session (convocatoria extraordinaria). All students may take part in this extraordinary assessment session, regardless of whether or not they have followed continuous assessment activities. In this way, students who have not carried out continuous assessment activities will have the opportunity to obtain 100% of their mark by means of an exam and/or assignment.

The assessment will be based on a single final exam accounting for 100% of the final course grade. The exam will assess the theoretical and practical contents of the subject. It may include multiple-choice questions requiring justification. It may also include numerical exercises or problems requiring calculations, graphical analysis and/or written development.

Article 8 of the UGR Assessment Policy and Regulations establishes that students who are unable to follow continuous assessment methods due to justifiable reasons shall have recourse to a single final assessment (evaluación única final), which is an assessment method that only takes a final exam into account. In order to opt for a single final assessment (evaluación única final), students must send a request, using the corresponding online procedure, to the coordinator of the master’s programme, in the first two weeks of the course or in the two weeks following their enrolment (if the enrolment has taken place after the classes have already begun). The coordinator will communicate this information to the relevant teaching staff members, citing and verifying the reasons why the student is unable to follow the continuous assessment system.

The assessment will be based on a single final exam accounting for 100% of the final course grade. The exam will assess the theoretical and practical contents of the subject. It may include multiple-choice questions requiring justification. It may also include numerical exercises or problems requiring calculations, graphical analysis and/or written development.

INCLUSION and DIVERSITY. In the case of students with disabilities or other specific educational support needs (NEAE), the tutoring system will be adapted to these needs, following the recommendations of the inclusion area at the University of Granada. Departments and centers will establish appropriate measures to ensure that tutorials take place in accessible locations. Additionally, at the request of faculty, support can be requested from the competent unit at UGR for special methodological adaptations.

Información de interés para estudiantado con discapacidad y/o Necesidades Específicas de Apoyo Educativo (NEAE): Gestión de servicios y apoyos (https://ve.ugr.es/servicios/atencion-social/estudiantes-con-discapacidad).