inline-defaultCreated with Sketch.
inline-defaultCreated with Sketch.
HomeUniversitiesProgramsStudents & Alumni
search
Students
Bachelors

Principles of Economics

University of Copenhagen
Copenhagen , Denmark
Visit Program Website
Students
Tuition Fee
Not Available
Start Date
Not Available
Medium of studying
Not Available
Duration
Not Available
Details
About Program
About University
Gallery
Contact School
Details
Program Details
Degree
Bachelors
Major
Business Administration | International Business | Economics
Area of study
Business and Administration | Social Sciences
Course Language
English
About Program

Program Overview

Program Overview

The University of Copenhagen offers a comprehensive range of programs, including Bachelor's, Master's, PhD, and Continuing Education. The program details are as follows:


Bachelor's Programmes

  • Bacheloruddannelsen i fødevarer og ernæring
  • Bacheloruddannelsen i naturressourcer

Course Description

The course LOJB10225U, "Indledende økonomi" (Principles of Economics), provides a general introduction to microeconomic principles. The course covers topics such as:


  • The economic model – market, agents, and perfect competition
  • Market mechanism
  • Consumer choice and demand
  • Producer choice and supply
  • Market and market forms (monopoly)
  • Market failures, externalities, and public goods
  • Regulation of renewable resources in theory and practice

Course Objectives

The primary objective of the course is to provide an understanding of economics as a discipline, based on neoclassical economic theory. The course aims to introduce students to the optimization of scarce resources using microeconomic models. Students are expected to gain a basic understanding of economic theory and its application.


Course Content

The course will cover the following topics:


  • Introduction to microeconomic principles
  • Consumer and producer theory
  • Market equilibrium and market forms
  • Externalities and public goods
  • Regulation of renewable resources

Teaching Methods

The course will consist of lectures, guest lectures, and exercises.


Workload

The estimated workload for the course is:


  • Lectures: 50 hours
  • Preparation: 120 hours
  • Theoretical exercises: 32 hours
  • Exam: 4 hours
  • Total: 206 hours

Assessment

The course will be assessed through a written exam (4 hours) with no aids allowed. The exam will test students' understanding of microeconomic principles and their ability to apply them to simple economic problems.


Course Information

  • Language: Danish
  • Course code: LOJB10225U
  • ECTS points: 7.5
  • Level: Bachelor
  • Duration: 1 block
  • Placement: Block 4
  • Schedule group: C
  • Course capacity: No limit, unless enrolled during the late enrollment period or as a merit or single-course student.

Responsible Institutions

  • Study Board for Natural Resources, Environment, and Animal Science
  • Department of Food and Resource Economics
  • Faculty of Science

Course Coordinators

  • Rasmus Nielsen
See More