Introduction
The course has three main objectives. Firstly, students are given an introduction to formal microeconomic analysis. Secondly, the course delves deeper into the analysis of microeconomic issues than what students are familiar with from the introductory course in economics. This particularly applies to the analysis of markets and efficiency. Thirdly, a selection of important applications of microeconomic theory is discussed, such as capital markets, labor markets, economic organization, and the effects of economic policy.