SMK-College of Social ScienceUlonų g. 5, LT.08240Vilnius-LITHUANIAwww.smk.lt

COLLEGE OF SOCIAL SCIENCESVILNIUS BRANCH

MICROECONOMICS FALL SEMESTER 2009

CONTENTS OF THE FINAL EXAM

First part (for those who didn’t pass the MID-TERM EXAM and for thosestudents who want to improve their marks)

1. Ten principles of Economics (Chapter 1 GM)2. Thinking like an economist (Chapter 2 GM)3.Interdependence and gains from trade (Chapter 3 GM)4.The market forces of supply and demand (Chapter 4 GM)5.Elasticity and its applications (Chapter 5 GM)6.Supply and Demand and Government Policies (Chapter 6 GM)7.Consumers, producers and the efficiency of markets (Chapter 7 GM)8. Externalities (Chapter 10 GM)9. Public Goods and Common resources (Chapter 11 GM)

Second part (for all the students)

The cost of production (Chapter 13 GM book, and the special slidesyou will find in the lecturer’s blog http://mpuertas.blogspot.com .Click the label cost the production, economies of scale, andmarginal analysis2.The cost of taxation (Chapter 8 GM book)3.International trade (Chapter 9 GM book)4.The firms in competitive markets (Chapter 14 GM)5.Monopoly (Chapter 15 GM)6.Monopolistic competition (Chapter 17)7.Oligopoly (Chapter 16 GM book)

I remind you the SCHEDULE from now till the end of the course

8 December

: In class presentation. You have to prepare a in-class presentation and hand in as well a essayabout the contents of one of the papers included in the folder that I gave toWilson. If you don’t like any of the papers of this folders just search for otherpapers in http://ideas.repec.org. There are three groups in this course: