BUSINESS ADMINISTRATION (ENGLISH) PROGRAMME COURSE DESCRIPTION
Name of the Course Unit	Code	Year	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
MICROECONOMICS	ECO201	2	3	3+0	3.0	6.0

Objectives and Contents
Objectives of the Course Unit	By the end of the semester the students should be equipped to analyze and to understand economic events and issues, particularly those involving determination of prices, costs and purchases.
Contents of the Course Unit	This course is a survey of microeconomic theory, problems and policies. Understanding the micro-economy involves studying how members of a society interact with the markets to resolve questions such as what goods to produce, how much to produce, how to produce them and who is going to consume them. To answer these questions we have to understand the behavior of individual consumers, firms, resource owners and markets. The behavior of the individual consumers bases on the “Consumer Behavior theory”. A study of individual firm emphases on an analysis of supply, demand and costs, production and pricing under various market conditions, profit maximization, market failure. Also study the effect of government regulations on the decision of consumers and firms.
Contribution of the Course Intending to Provide the Professional Education	It is a key discipline in the profession.