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Archived teaching schedules 2018–2019
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KATTAS21A Advanced Course in Microeconomics I 5 ECTS
Period I Period II Period III Period IV
Language of instruction
Type or level of studies
Advanced studies
Course unit descriptions in the curriculum
Degree Programme in Business Studies
Faculty of Management

Learning outcomes

After the course, the student will know how to present and solve problems in microeconomics using formal notation: The course begins with firm's and consumer's optimisation problems and these actors' relationships to the market. The latter part of the course focuses on general-equilibrium analysis.

General description

-Optimisation of the firm: cost minimisation and profit maximisation
-Optimisation of the consumer: cost minimisation and utility maximisation
-Roles of firms and consumers in the market
-General equilibrium

Enrolment for University Studies

Enrolment time has expired


Tuominen Elina, Teacher responsible
Markku Konttinen, Contact person


4-Sep-2018 – 2-Oct-2018
Lectures 20 hours
Tue 4-Sep-2018 - 25-Sep-2018 weekly at 10-12, Pinni r. A3103
Thu 6-Sep-2018 - 27-Sep-2018 weekly at 9-12, Pinni r. A3103
Exercises 8 hours
Wed 12-Sep-2018 - 26-Sep-2018 weekly at 12-14, main building r. A31
Tue 2-Oct-2018 at 10-12, Pinni r. A3103, NOTE the exceptional time and place for exercises


Numeric 1-5.

Study materials

1. Material mentioned during lectures.

2. Cowell, Frank (2018): Microeconomics - Principles and Analysis, 2nd edition. Oxford University Press. (chapters 1-7; the 1st edition can also be used)

3. Gravelle, Hugh & Rees, Ray (2004): Microeconomics, 3rd edition. Financial Times Press Prentice Hall. (only applicable parts; earlier editions can also be used)

Further information

The study module consists of two courses 5 ECTS per course. Courses are lectured in teaching periods 1 and 2 (autumn semester 2018). The first part is compulsory for all. Students majoring in economics must take both of the courses.

The first course exam: Thu Oct 4 at 9 - 12 in Pinni r. A3103
First retake: Tue Nov 13 at 4 - 8 p.m. in main building D10a+b Sign up at NettiOpsu
Second retake: Mon Dec 17 at 8 a.m. - 12 p.m. in main building D10a+b Sign up at NettiOpsu

(Some places for master level exchange students majoring in economics. A lot of previous studies in microeconomics, macroeconomics and mathematical economics is required.)