Introduction to microeconomic theory. Supply and demand. Equilibrium - Price formation. Theories of demand: Consumer behavior, the theory of absolute utility, the theory of ordinal utility. Theory of production and production costs. Market forms: Perfect competition, monopoly, monopolistic competition, oligopoly.
ECTS : 3
Language : el
Learning Outcomes : After the successful completion of the course the students will know the basic principles of microeconomics and in particular topics related to: demand and supply, consumer behavior, the theory of production and the behavior of firms, the operation of the various market types.