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NATIONAL ECONOMICS UNIVERSITY SOCIALIST REPUBLIC OF VIETNAM FACULTY OF ECONOMICS
Independence – Freedom – Happiness ------------------------- ---------------------------- SYLLABUS 1. MODULE PROFILE
Course name: Principles of Microeconomics Course code: Credit: 03 2. LECTURER’S INFORMATION Full name: Nguyen Phuc Hai Address: Faculty of Economics, NEU Room 806, Building A1, NEU Phone number: 0987458005 Email: hainp@neu.edu.vn 3. COURSE PREREQUISITES: No 4. COURSE DESCRIPTION
This course is presented to help students understanding the basic economic principles
of microeconomics. Structured lectures are presented simply and reasonably while
ensuring modern. The contents were according with the basic concepts of the market:
supply and demand, elasticity of demand and supply, consumer behavior, business
behavior (Production - cost - profit), perfect competition and monopoly, market failures and public policy.
Main topics will be covered as follows: 1. Introduction to economics
2. Competition and the invisible hand 3. Market imperfections 4. Economics of public policy 5. International trade 1 5. COURSE SCHEDULE No. of No Topic Readings Homeworks Hours - Problems 1,3,5,7 1 Thinking Like an Economist 3 Chapter 1 - Quiz 1 - Problems 2,4,6,8 2 Comparative Advantage 3 Chapter 2 - Quiz 2 - Problems 1,4,9,13 3 Supply and Demand 4 Chapter 3 - Quiz 3 - Problems 1,4,7,8,10 4 Elasticity 4 Chapter 4 - Quiz 4 - Problems 3,5,8,9 5 Demand 4 Chapter 5 - Quiz 5 - Problems 2,4,6,7
6 Perfectly Competitive Supply 4 Chapter 6 - Quiz 6 Efficiency, Exchange, and the - Problems 2,3,5,7 7 4 Chapter 7 Invisible Hand in Action - Quiz 7 Monopoly, Oligopoly, and - Problems 2,4,7,9 8 4 Chapter 8 Monopolistic Competition - Quiz 8
Externalities, Property Rights, Chapter - Problems 1,3,7 9 4 and the Environment 11 - Quiz 9 Chapter - Problems 2,4,9,11
10 The Economics of Information 3 12 - Quiz 10 Chapter - Problems 1,3,5
11 Public Goods and Tax Policy 4 14 - Quiz 11 International Trade and Trade Chapter - Problems 1,5,6 12 4 Policy 15 - Quiz 12 Total 45 6. REQUIRED TEXTBOOK
- Frank R. H. et al (2022), Principles of Microeconomics, Eighth Edition, McGraw Hill.
7. OTHER REQUIRED MATERIALS & INFORMATION - https://econeveryday.com - https://mru.org - https://ourworldindata.org - https://gapminder.org 2 8. GRADING POLICY Weight Format Class participation 10% Midterm Test 1 20% MCQs – 60 minutes (Topics 1-7)
Open-book examination (Textbook,
Lecture slides and hand-written notes are allowed) Midterm Test 2 20% MCQs – 60 minutes (Topics 8-12)
Open-book examination (Textbook,
Lecture slides and hand-written notes are allowed) Final Exam 50% MCQs + Short Essay Questions (Topics 1-12) 90 minutes Closed-book examination Hanoi, 01 February 2024 Lecturer Nguyen Phuc Hai 3