You are on page 1of 40
DALHOC QUOC GIAHANOL CONG HOA XA HOI CHU NGHIA VIET NAM TRUONG DAI HQC KINH TE Déc lip - Ty do - Hanh phic 86: 2287/QD- DHKT Ha N6i, ngay VAthangO& nam 2020 QUYET DINH Vé vige ban hanh d8 cuong hoe phan Kinh té vi mé chuyén su (04 tin chi) - M3 hoc phan: INE2101-E (digu chinh Ian 1) HIEU TRUONG TRUONG DAI HQC KINH TE Can ctr Quyét dinh s6 290/QD-TTg ngay 06/3/2007 cia Thit tuéng Chinh pha vé vigc than lgp Trudng Dai hoc Kinh té thude Dai hoc Quéc gia Ha Noi; Can ctr Quyét dinh sé 3568/QD-DHQGHN, ngay 08/10/2014 ctia Giam déc Dai hoc Quéc gia Ha N6i vé viée ban hanh Quy dinh vé Té chitc va hoat dong ctia cdc don vi thanh vién va don vj trye thude Dai hoc Quéc gia Ha Noi; Can ett Quyét dinh s6 1224/QD-DHKT, ngay 15/4/2015 cia Higu truéng Truong Dai hoc Kinh té vé vic ban hanh Quy ché td chite va hoat dong cia Trung Dai hoc Kinh té - Dai hoc Quéc gia Ha N6i; C&n cit Quyét dinh sé 5115/QD-BHQGHN ngay 25/12/2014 cia Giém déc Dai hoc Quée gia Ha Noi vé vige ban hanh Quy ché dio tao dai hoc; Can cir véo Chuong trinh dio tao dai hoc cia Truéng Dai hoc Kinh té - DHQGEHN; Can cit Quyét dinh sé 1719/QD-DHKT ngay 11 thang 09 nim 2010 cia Tring Dai hoc Kinh té - BHQGHN vé vige ban hanh dé cuong hoc phan Kinh té vi mo Il; Xét dé nghj cia Tréng phong Bao tyo va Chi nhigm Khoa Kinh té phat trién, QUYET BINH: Digu 1. Ban hanh dé cuong hoc phan Kinh 1é vi md chuyén séu, 04 tin chi, mi hoe phan: JNE2101-E, diéu chinh lin 1, bac dao tao ctr nhan, do TS. Trinh Thj Thu Hang bién soan (dé cuong kém theo Quyét dinh nay). Didu 2. Quyét dinh nay c6 higu Ie ké tir ngay ky. Trréng phong Dao tao, Trudng cée phong chite ning c6 lién quan, Chu nhiém Khoa Kinh té phat trién, Lanh 44go cde Khoa/Vign chju tréch nhiém thi hanh Quyét dinh nay. Nhu digu 2; = Lau: VT, N2. COURSE SYLLABUS INTERMEDIATE MICROECONOMICS (INE2101-E) Assued with the decision no. L2.8.%/QD-DHKT dated on 24/21 22.2.2. 1. Instructor Information: LL. Lecturer 1 Full name: Tran My Minh Chau, Ph.D. Office: R309 ~ E4 -VNU campus Offfice hours: By appointment Contact address: R309 —E4 VNU campus Cell phone: 0853685288 Email: chautmm@vnu.edu.vn 1.2, Lecturer 2 Full name: Nguyen Xuan Dong, Ph.D. Office: R309 ~ E4 -VNU campus Office hours: By appointment Contact address: R309 —E4 VNU campus Cell phone: 0912876516 Email: nx.don, 13. Lecturer 3 Full name: Trinh Thi Thu Hang, Ph.D. Office: R309 — E4 -VNU campus Office hours: By appointment Contact address: R309 -—E4 VNU campus Cell phone: 0901282828 Email: h@vnu.edu.vn Wop ek 14. Lecturer 4 Full name: Hoang Khac Lich, Ph.D. Office: R309 — B4 -VNU campus Offfice hours: By appointment Contact address: R309 —E4 VNU campus Cell phone: 0978135777 Email: lichhk@vnu.edu.vn 15. Lecturer 5 Full name: Dao Thi Bich Thuy, Ph.D. Office: R309 — E4 -VNU campus Office hours: By appointment Contact address: R309 — E4 VNU campus Cell phone: 091.2583355 Email: thuydaokt@vnu.edu.vn 2. Course Information: Name course: Intermediate Microeconomics Course code: INE 2101-E Number of credits: 4 credits Prerequisite courses: Microeconomics Credit Hours: 60 credit hours - Lecture: 40 - Discussion/Tutorial: 20 Location: Classroom Faculty in charge of course: Faculty of Economic Development 3. Course objectives: 3.4. Knowledge ‘Achievement The Main verbs for recognizing the competency or Level corresponding | achievement of students after the course. level according to Bloom’s cognitive ladder Level 1 Level I Identify and appreciate views on microeconomics (Be able to | (Identity know) _ | issues by microeconomic tools, e.g., supply and know) demand curves, from fundamental concepts... Level2 [Level 2 &3 Students understand standard microeconomic (Understand and | problems and correctly analyze them; apply) Understand how different kinds of market structures operate: perfect competition, oligopoly and monopoly; Understand and apply the theory of consumer and producer to solve some exercises. Level 3 Level 485 Set up and solve economic problems analytically; . Argue — Analyze | Students can evaluate and argue convincingly — Evaluate about economic issues. Analyze the effect of some market structures on consumer behavior or producer behavior. Skills 3.2.1. Professional skills © Reasoning and solving economic issues: this includes identifying, formulating and generalizing economic issues, analyzing the issues/problems both qualitatively and quantitatively with uncertainty, solving the issues by recommending and giving solutions. © Thinking systematically (e.g. thinking holistically, finding economic problems/issues and their interactions, identifying priority, finding balanced solutions, analyzing from different aspects). © Using the theory of customer and theory of producer to solve economic problems. 3.2.2. Supplementary skill - Develop skills in teamwork and ability to work with others - Develop the ability to analyze and independently criticize economic issues 3.3. Ethical attributes Develop personal ethics: flexible, self-confident, diligent/hard-working, creative thinking, critical thinking, and self-esteem and skills awareness of one’s personal knowledge, skills, and attitudes; time and resource management; learning and self-learning; and self-management. 3.4, Assessment and Grading ‘Attendance; Homework Assignments 10% Group Presentation 10% Midterm Exam 20% Final Exam 60% 4. Course description: This course provides coverage of microeconomics at the intermediate level. The course focuses on some theories of consumer demand, production, costs as well as some kinds of market structures operated: perfect competition, oligopoly and monopoly and apply to consumer and firm behavior. Students are assumed to have a basic grasp of microeconomics from a principles course and adequate calculus ability. Part I: Consumer behavior shows How consumers maximize utility. Students must understand The preferences, Utility, budget function, and optimal choice. Part II: Firm Behavior shows some market structures, analyze the effects of each market structure ‘on consumer and firm. Language of instruction and testing: English Test forms: Written-test Learning activities: the course will be conducted in an interactive manner that requires students’ frequent feedbacks. Learning activities will include lectures, in-class discussion, case study preparation and presentation, homework and tests. 5. The content of Microeconomics Topic 1: Consumer behavior 1.1, Preferences Preferences: assumptions and types Indifference curves Marginal rate of substitutions (MRS) 1.2, Budget Constraints 1.2.1. Budget set 1.2.2. Budget lines and changes 1.2.3. The numeraire 1.3. Utility 1.3.1. Ordinal utility 1.3.2. Utility functions 1.3.3. Cobb-Douglas preferences 1.3.4, Discussions and Practice exercises: Topic 2: Optimal choice 2.1. Choice Optimal choice Consumer demand Implication of MRS conditions 2.2, Demand 1. Income offer curve and Engel curve Price offer curve and demand curve 2.3. Intertemporal choice 2.3.1. Budget constraint Preferences for consumption 2.3.3. Present value 2.3.4. Discussion Topic 3: Consumer choice 3.1. Uncertainty 3.1.1. Consumption contingency 3.1.2. Expected utility 3.1.3. Risk aversion 3.1.4, Risk spreading 3.2. Market Equilibrium 3.2.1. Equilibrium 3.2.2. Inverse demand and supply curve 3.2.3, Taxes 3.2.4, Pareto efficiency 3.2.5. Discussions and Practice exercises Topic 4: Technology, cost and profit 4.1. Technology . Technological constraints . Properties of technology . Technical rate of substitution . Long run and short run Returns to scale 4.2. Cost minimization 4.2.1. Cost minimization 4.2.2. Short run and long run costs 4.2.3, Returns to scale and cost functions 4.3. Cost curves 4.3.1. Average costs,marginal costs, variable costs 4.3.2. Long-run costs 4.4. Profit maximization 4.4.1. Profit maximization in short run 4.4.2. Profit maximization in the long run 4.43. Discussion Topic 5: Pure Competition 5.1. Firm's supply 5.1.1. Pure competition and firm's supply 5.1.2. Long run supply curve of the firm 5.1.3. Long run constant average costs 5.2. Industry supply 5.2.1. Short run industry supply $.2.2, Short run and long run industry equilibrium 5.2.3, Fixed factors and economic rent 5.2.4, Discussions and Practice exercises Topic 6: Monopoly 6.1. Maximizing profit Markup pricing 6.1.2. Inefficiency and deadweight loss of monopoly 6.1.3, First, second and third degree price discrimination 6.1.4. Discussions and Practice exercises Topic 7: Oligopoly 7.1. Choosing a strategy 7.1.1. Cournot model 7.1.2. Price leadership model 7.1.3. Quantity leadership model 7.14. Discussion Topic 8: General Equilibrium 8.1. Production: 8.1.1, Robinson Crusoe economy 8.1.2, Decentralized resource allocation 8.2. Exchange 8.2.1. Edgeworth box 8.2.2. Pareto efficient allocation 8.2.3. Discussions and Practice exercises 6. Textbooks and References: 6.1. Required textbooks 1, Varian, Hal (2014), Intermediate Microeconomics: a Modem Approach, Noiton and Company Publisher 2. Perloff, Jefftey, “Microeconomics: Theory and Applications with Calculus,” Pearson Education Publisher, 2008 3. Andreu Mas — Colell, “Microeconomics Theory”, Oxford University Press 2008. 6.2. Other recommended books and materials 4. Pindyck, Robert S. and Daniel L, Rubinfeld, “Microeconomics” Prentice-Hall Publisher. (newest version is 7 edition 2009) 5. Nicholson, W. and C. Snyder, “Intermediate Microeconomics and Its Applications,” South-Western Publisher, (newest version is 1 th edition 2010) 6. Roberto Serrano, “A Short Course in Intermediate Microeconomics with Calculus”, Cambridge University Press. 2018. 2x . Current economic and business periodicals and journals. . Class schedule 7A. General class schedule Week| Content Teaching and learning | Total [ Remark acti Lecture | Discusssion/ Tutorial 1 Topic 1 4 0 4 2 Topic 1,2 3 1 4 3 Topic 2,3 3 1 4 4 Topic 3 3 1 4 Case study 1 5 Topic 4 4 0 4 6 Topic 4 3 1 4 7 Topic 5 3 1 4 8 Revision 0 4 4 Midterm Exam 9 Topic 6 3 1 4 10 | Topic 6 4 0 4 11 | Topie7 3 1 4 Case study 2 12 Topic 7 4 0 4 13 | Topic 8 3 1 4 14 | Topic 8 0 4 4 Case study 3 15 | Revision 0 4 4 Total 40 20 60 “JOLARYEq JouNsUOD sasjox9x9 sonoeid aajos pue suoissnosip uy oqedioneg, (62) amexoumnu oy - (tz *€:2) soBueyo pue soury yo3png - (1'2).9s we8png - SHMIDATSUOD FOSPRT TT (g°¢ ‘uoneraudsoqut ue soraeyag :(SUIN) SuORMITSqns Jo ayes eUIBIEY ~ ozApour 0} Uy saLioay) aulOs asp] (Ee SUI :91eINDeD suoissnostp | “p’¢ “¢°¢) soaino aoussayytpuy - SUI pue uopouny | 404 axedarg (We ‘1¢) sed AINA “uonouny puv suondumsse :saousrajarg ~ sastoroxo yeBpng ‘seouarayarg| —(p pur ¢ ‘ZD) Yoousryoig TT aonoead ‘saseo uo sydaquos soiseg, mene, (1? ») “VO ‘UoIssnostp Joreqaq sournsuo; :1 21d, | wooasse]> somo] DAaTIDE swUsUIUBISSy Ayapoe Suyure9] yaeuroy 0) a8pajmouy Aupeay 30909 nonescy | pue Suryoeay, Ao1Aeyaq oUMSUOD =] YAK, aIMpoyps SsuD pay “TL or (°s) suopypuos SMALJo oneordury - (€s‘2's) puewp soumsuos - (1'5) a0r0yo feud - Sasloroxo BOIOWD TT aonjorid aajos (a9) pur suorssnosip aoroya emmpdg :z a1doy, “roraeyeq ounsuog | ur ayedionreg sasooxa aongelg = azkyeur oy :S8e]9 Uy uorssnosigy - souoarp awios asp) ssasyouaxa SAW aKINg[ey | —_suorssnosip aoyonlg pun suorssnasig SUN pur uonsuny oy omedarg, (er) ANIDIA ‘wonsuny soouaragaid sefnoc]-qod - (19 p) sastoroxa yedpng ‘ssoussayarg | (cp pur ¢ ‘ZD) (€"p) ssuonoury Ay - eonoeid ‘saseo uo s}daauoo soiseg, mene, moossse{, ‘aamoo7] aaaTyae syusunaissy Ayanoe Suyusea yaeunoy 0} a8paymouy Aupry yuaqu09, woneso7y | pue Survey, aajoyp reumndy 7 1o;AEYOq sOUINSUOD 77 999AA I £4 -(t19 €) uorssnosiqy - oe (L'01 ‘9'01) anjea quasar - sonsesd aajos (01 zon) puv suoissnosip | uondumsuos 103 soouasazaug - wl aedionmeg (01) qurensuos yo8png - :ssepo uy DOIOUD [OAOTUATTATUT ¢°Z (99 5°9) anima soioyp yeumdo | —suorssnostp | puewiap pu amo sa4J0 ao1lg - moge sastoraxg | 10} axedaug (¥9‘€9 ‘7'9) amo aoroyp jeumndo Je8ug pur aaimo sajJo owoouy - (Ciro ) sastoxexo pur out] Jo3png or PUM Te sonoeid ‘soseo uo sidaouoo soiseg | ‘9 ‘¢o) uereA, (wp) “V8 “uoIssnosIp aajoqa emp :z a1doy, | moors ‘amqoo] Daappe swusuTaiSsy Anapoe duyareay yavmay 0) a pajmouyy Aupey 34903) uopeooy | pue Suyovay, (300-) aaqoqa eumndo :¢ YoaQ4 a sastoraxa sonjoead aajos pur suorssnosip ur qedioneg T Apnys ase - sastouaxe aanoeig - uorssnosicy - (9 1) :sastasaxo sonaeag pur suorssnosiq, (6°91) Aouaroyye oyoreg - (9°91) soxey - (p91) eam Aiddns pue puewop ossoauy - (€91 ‘91 1-91) wnugninby - WTO TH TE “uonjouny :Ssepp Uy ZI) Supeasds ysry - Puewiog aayiaq, ‘wnuqyimbe wyzeu | — suoissnosip | (¢-z1 “Z-Z1) Attn parsadxg - SyLawnoyey | 0g aredargy (rz) ysur yim Aoua8unues uondumnsuo; - (-4r9 4) sastoxoxo ‘goroyo saunsu0D (or amaaayy TE sonoeid ‘saseo om pueisiopun) | °Z1 ) wee, (wo “vr ‘worssnosip ¥) ajo xoumnsuo; :¢ ido, | mooasse]>) Somnyoo] oaaryse | syuauradissy ‘Ayayoe Suraaway yawwoy 0) a8pajMouy, Burpeoy quajuog | woywooq| —_ pue Suppeay, (a> p) aaoys saumnsu0D :¢ 910, +b 499A €1 sasiouoxo aonovad aajos (€10) suonauny 1809 pure 9Bos 01 SUIM}OY - (1d sisoo uns So] pue uns yOYg - (1°12) wonezrunutu s03 - WONDZRATUT SOD OF (or61) ajv9s 01 sumay - pur suorssnosip | (6767) uns yoYs pue uns Bu0T - uy oredioneg (8°61 ‘L'61 9°61) sssep uy | uonMyysqns Jo ayes eorUyoo], - (61 ‘v61) “ajeos on suey} suorssnosip ABojouysar Jo sontadorg - qoge sasjoxexe oq | soy aredasg (£61 ‘6D 4809 oqp aztunturur sjuresuoo jeotojouysa, - 0} Moy MoU (91 ‘Z1 9) weojoMpPAL TF (79 ) sestozoxo pue uonezruturu | wet, :peoy (9p) syoad aonoeid ‘saseo 3800 puw ABojouypa | :sseo a1oyog | pue ys0o ‘ABojouypay, =p ado, “v7d ‘uorssnosip Jo ydaouos uo soiseg soraeyag J2onporg “1 14e_ | WooAssE[D ‘sanyo ‘aaaryae swwomudissy Ayanoe Suyurea] yaemoy, 0} aBpajmouyy Aupeay yuay0) uopescy | pur Suyyoeay, (ap) Wyoad pu 3509 ‘AZojouyoay, zp doy, 2s 994. +1 (W9 d worssnosiq = sostouaxo (g02) uns Bu0} sonoerd aajos | oy ut uoneztuNXeW ORY - ue suoyssnostp (L:0¢ ‘9°02 ‘1'0z) una uyoedioneg | uoys ur uonezrunxeut 1yorg - :ssvpp uy WONDZUARDU TOT] FF (zz suotssnosip “97 ‘S-ZZ) 81809 uns-BuoT - “uns Buo] pue woYys roy anedang | (6°77 ‘TTT ‘T'ZZ) $1809 a1qeHEA ur uonEZtuTxeu ‘sisoo jeul3zeul ‘sjsoo aBezaay - qyord — ued sep (9121.9) TOUITTOD EF (-y79 p) sastoroxo UU sostozoxe op pue | ueLeA :peoy (429) 1yoad aonoerd ‘saseo aaa ysoo yp Ajddy | :ssejo asoyog, | pue ysoo “KBojouypay, +p a1doy, “vd ‘uorssnosip AojAvyog Joonporg 2] Jed | WoOAssEID, faayoo] ‘SAaTyDE. syuoumaaissy Ayanoe Suyaae9y yey 0} o8paymouyy Aupeoy yua}u0y uenesoy | pue Zuryseay, (Cu02) syoad pue ys09 ‘ABojouqsay, : doy, :9 429M, SI sastozoxa sonoead aajos ue suorssnosip JOMSUR ZMH SOSIOIOXO GONOvId - worssnosiq. - TRCPT SOIOAT PUD SUOMI, (Lye ‘9"pz) ma dFtuOUODS pure s1OINe5 POX! - (ee ‘eve “C'pg) wnqiinbs Ansnpur ung Zuo] pue uns yoys - (2) Aiddns Ansnpur un woyg - (Ls) Tans carpi ES :ssepo Uy (6'€2) s1809 oBesone yueIsuoD un BuO - Suorssnosip (8'€2) way uormpadwos 3oy axedaig | ayp Jo ammo Addns uns Buoy - ain Jo 1yosd om (Cz pue (Ez ozqunxeur oy MOY} —1Z “OZ 619) | _“s"€z “p'ET “EET ‘'ET) Addins. (9 ») sastoroxa pur sonsuajoerey | use, :pesy| — s\uuy pur uoRadutoo ang - aonoeid ‘saseo 2m purysopup) | :ssejo auojogy Omi) ApS Sa TS “vd ‘uorssnosip uoppedwoy aing :s atdoy, | woossse]> ‘oamyoa"] Snare syuoumadissy Ayanoe Suyaaeay yaeury 0} a8pajmouy Aupery quayn03, uonesoy | pur Suyseay, uoppaduroy aang :¢ 21d0, 21 49044 OL S9s1010K0 aonoeid aajos pure suoissnosip :sse[9 Uy suojssnostp Joy oredarg Ca91) Apmys jj juapnyg (ez pue 380) WLOIpI ~ 1702619) sosqarexa sonoerg - sastoroxa UeLe, :peay L>pom, sonoead ‘sasea :SSe[9 QNOJOq | 0} | Yom Woy syudIUOD ssEIQ- “v¥O ‘uossnosip Car ¢) muaypHA 405 Maraay | wooasselcy pur maraay, aAaTyDe swuomusissy Ayayoe Suyusway yaemay 0} a8pajmouyy Buypeay yuayuo> uopescy | pus Suyoray, WLIO}PHTA 40} MOLADY 28 492A4 ra UU SI} JO. JOMSUE WHIT - uonezrunxeyy 10d sosjoxoxo aongeid - OY moge asiouaxg sastoroxa uorssnosiqy - soraeyag | sonsesd aajos (ar3)) :sosyosax9 uy pue zoumsuog | pue suoissnosip aanoesd pur suorssnasiq Wo yoyseU siIp Jo] UE ayEdyoReg (p97 ‘E97 sroayyo ayy azkjeuy sssep> Uy | ‘7°97 ‘[-9Z) UoneUTUOSIp sand Ajodouour aardap patty pur puoaas ‘S11, - Jouonezurxeur| —suorssnosip | (¢°¢z “p'$zZ) Afodouow Jo sso wyosd op | soy aredarg | _ aydtompvap pue Aouaroygouy - (cro ) sastozoxa Pur sonsuayoereyo | (9 pue “¢z) (€°$Z) Sutoyd dnyzeyy - sonowid ‘saseo amp ysingunsip | wee :peoy | (¢'sz “1'¢2) wo8sd Surzrumrceyy - “VO ‘uoIssnostp pue puvisiopun | :ssepo axoyag, (-ar9¢) Atodouoyy :9 a1doy, | woossseiy ‘ompooy ‘anaTyDe SyWOMIUySsy Ayapoe Suraseay yaeuny 0} a3pojmouyy Aupey yuayu0D uopes07] | pus Suryovay, Ajodouoy’ :9 a1doy, °6 999A, sr Joraeyag, uu pue sawnsuo> Wo 104TeUT SIH Jo sioayye oy ozdqeuy S0s1010X9 aonisesd anjos pure suoissnosip Jamsue ULOIpIA - Kjodo8yo | suoissnosip sasto19xo 90n198d - Jouonezpunxeur| soy amedoag uotssnosiq - (-xr9 p) sastozoxo ayosd om (820) (9p) :sastosoxo sonoead ‘saseo pue sonsuajsereyo | uve :peoy aoyoesg pue suorssnasiq, “v9 “woIssnosip pueisiapun | _:sseyo axojog, Ajodouoy :9 a1doy, | wooasseis) ‘armory SAaTppE ‘swaamusissy ‘Grpoe Suraseay yavmay 0) aBpaymouyy Amproy yuan, uonesoy | pue Suey 9 do, 01 492A, 6 SOS|OI0XS sorneyog | oonoead aajos uuy pu soumsuog | pue suorssnosip uo joyzeu sep jo| ut oredoneg, (HET) woyssnosicl - swoayge amp ozAqeuy :Ssep Uy (Z8z)jopour Ayodo8xj0 | suoissnosip uysropeay Ainuend - Jouoneznuxeu| soy aredasg| (¢-gz) jopour diysrepeay aoug - (19 p) sastozoxa agoxd om, (829) | (9°82 ‘5°82) lapowr ousnog - sonoeid ‘sasea pue sonsuiooeseys | ueue, :peoy (1°82) ABorens v Buisooyy - “yO ‘UoIssnosip amp puryssopun | seo ar0jog, Cu2¢) Atodo3y19 :z a1doy, | mooassey ‘aunjoo"] aAaTIDE ‘SwusuTUaissy ‘Ayapoe Supasrea yavuy 0} a3pajmony Aupery yuaqu09, uonescy | pue Suryovay, Ajodo3yo 21 doy 211 92M 0c S0S}019X0 zonoead aajos aoyavypg | puv suorssnosip uuuy pue roumsuos | ut oyedionzeg a say an 22 pe cies a2 1) Apmys sys juapmg Ayodo8yo| —_suorssnasip (WoL) worssnosig - Jouoneziurxeut| soy aredaig (c82)}epow (aro p) sastoxoxo wyoad ap} (¢¢ pue‘z¢5) Aryssopeay Aaruend - aonoead ‘soseo pur soysusjoeroyo | wee, :peoy sjodo8119 “y790 ‘uorssnosip 2m puersiopun | :ssepp asoyog | yo) Atodo8y10 :1 s1doy, | moorsse]> ‘2mm492"] aaaype | syuouradissy ‘Anoe Supe] yavUIoY 0} a8papmouy, Aupery wayne | uonesoy| pu Sumpeay, (909) £ 2104, 221 499M SOSTOIOXO sonoead aajos pure suorssnosip ur oyedioneg ‘yee GEE TEE) :ssup uy ‘amosox pazipexjuoo(y - (res) suoissnosip | wrouo99 s0snug wosmgoy - 303 asedaug MOWMPOT TR C179 ») sastoxexa y (€¢ pur ‘zE9) (q9p) mnyrqumby sonoead ‘sasvo Te19098 Jo zoo ap | wee, :peoy Tesouay :g a1doy, “v290 ‘uorssnosip asn pue pumsiopun | _ :sseyo sxoyog | umaquinbg perouay 2111 4ed | wWooAsse]> farmjoo] ‘aaaryae syuowmusissy Ayanoe Suyuse9y aemoy 0} o8paymouyy Aupery quayu0D, uoneooy | pa Suyseay, wamuquaby qer9095 :g ado, :¢1 499M Tw sosioxaxo aonoerd aajos puv suoissnosip JOMSUP FAH € Apmis aseg - sostaroxa aonowid - uorssnostq ~ (C49 2) :sastoxoxa aonaeid pur suorssnasiq, (Eze ‘eze) ‘woneoOTTe Twa!OYJo OyareY - (-ur9 p) sastoroxo aonjowud ‘saseo Ou MOTARY “v9 “uorssnastp issup ar0jagq, Tes9ues) 2g a1doy, | wooasseyy ‘amnyoa'] ‘aAaTye ‘syusmusissy ‘Ayanoe Suruse9] remy, 0) a8pajmouy Ampex auau09, uopesoy | pur Surppeay, 8 dO], 21 490M €z S9S]039K0 sonoeid aajos pue suorssnosip (1727) woneyuasoag dnorg, surexo ajdueg syua}u09. sastoroxe aonowsg, - (Cy9 p) sastozoxa. asinoa €1 39M 01 6 oI" aonroead ‘saseo oIp manag WY sua}ueD Sse “VD ‘uoIssnosip issvla aroyog 4°97) feuyy 405 mazroy | woousse] > fammoary aaarqoe syuomUssy Ayayoe Suyuseoy yavuay 0} a8pajmouy ABuypeay yuay005 uonesoy | pur Suyseay, Temyy 405 mayaoyy :¢1 y90Q4 8. Course policies: - Students are required to complete and submit all the tasks given by the course instructor(s)/lecturer(s) in time. - Do not carry on private conversations and keep your cells off during class time. ~ Students are expected to regularly check their email accounts. Homework assignments, lecture notes, important information or instructions may be emailed via these accounts. - Be responsible for all instructions and assignments given in class; read the textbook materials. 9. About the examination 9.1. Objectives and assessment format Format Description Objectives Proportion Attendance | Attend all scheduled Encourage students to 10% & classes, Attendance check | attend full classes and Participation | will be taken in every involve actively in class class. activities. Students participate in class discussion and exercise practise. Group Team work in case studies | Apply knowledge leant | 10% presentation | conducted in class. in the course to analyze real economic situations. Midterm | Time allowed: 60 minutes | Test students” 20% exam Format: Writing and knowledge and 24 Format Description Objectives Proportion closed book exam ‘comprehension ability Content: Topic 1-5 about learning content. Final exam Time allowed: 120 Test students’ 60% minutes knowledge and Format: Writing and comprehension ability closed book exam about learning content. Content: Topic 1-8 9.2. Assets criteria 9.2.1, Attendance and Participation You are expected to participate in discussion sessions by asking questions, participating in the discussions, and solving exercises on the board. If during these sessions you cannot solve a problem when asked to do so, explain why you cannot do it, where you get stuck, what is the precise issue which gives you difficulty, etc. If you have done some preparation you should be able to do this, which will prove very useful to you and the rest of the class to work through this together. Understanding why one answer is wrong can be as illuminating as seeing the right answer. Do not miss the class because you have not understood or prepared the assignment. 9.2.2. Group presentation Group presentation on case studies is conducted in class. Groups are advised to prepare case studies at home. In class, groups will be assigned at random for their presentation questions. The time for presentations is 10 minutes and Q& A is 5 minutes for each group. Assetment criteria: - Criteria 1: Content presented consistently with questions, logic and complete - Criteria 2: Ability to apply knowledge learned into the assessment of real-life situations analysis 25 - Criteria 3: Ability to present and answer questions 9.2.3. Midterm exam There will be one midterm exam to be taken in class during Week 8" of the semester. Midterm accounts for 20% of your overall grade. No make-up midterm is available unless under very special circumstances. Midterm will be two hours, in class, in written form, closed book and comprise both multiple-choice questions and short- answer and problem-solving questions. The Midterm test will only cover the topics discussed in class. 9.2.4. Final exam The final exam will take place during the final exam week of UEB. The final exam accounts for 60% of your overall grade. Make-up exam will follow COE's policies. ‘As with the Midterm, the final will be two hours, in class, in written form, closed book and comprise both multiple-choice questions and short-answer and problem-solving questions, The final exam will be covering the topics discussed in class. For example, there will be no exam questions on topics that are in the textbooks or other materials but not covered in class. Criteria 1: Understand microeconomics at intermediate level; Know basic microeconomic tools, ¢.g., supply and demand curves, from fundamental concepts. Criteria 2: Students understand standard microeconomic problems and correctly analyze them; and Identify and analyze how different kinds of market structures operate: perfect competition, oligopoly and monopoly; Criteria 3: Understand and analyze the theory of consumer and producer. Set up and solve economic problems analytically; and Students can evaluate and argue convincingly about economic issues. 26 Score Assessment criteria on final exam 9-10 Achieve all 3 criterias 78 Achieve all 2,3 criterias 5-6 Achieve all 1,2 criterias Below 5 Do not achieve all criterias 9.2.5. Exam time schedule - Midterm exam and group presentation: Check on class schedule - Final exam: Arranged and announced by Academics Affairs Department Lecture Head of department Head of faculty pep NB Tn The Ua thing 1. Pring Kha Lib. 7S, lau Qua Eat ¥ aan CASE STUDY 1 (topic 3) HOUSING PROPERTY INSURANCE 1/ Case study objectives Applying theory to practice. 2/ Describe the situation 3/ Ask questions 4) Leading student discussion (team, study group): There are two ways such as - Divide by the number of students in a class, about 6-8 students a group to discuss, and give answers. The groups present their answers, other groups ask them questions or give opinions to argue. ~ In order for students to volunteer for ideas then the whole class argues and teachers conclude the problem. 5) Conclusion (according to learning objectives). - Students understand consumers’ choices when there are risks ~ Students can from the situation of housing insurance to make judgments and thinking about consumer choice as an economist. HOUSING PROPERTY INSURANCE ‘When a person goes to buy a house, he needs to look at the proof of legal ownership of the house. If ownership is not clear, there will always be a possibility that the seller is not the real owner. Or, the seller of the house used this house as collateral for the loan. Or, there is a legal requirement to limit the use of this property. 28 Suppose Mr. Peter is willing to buy a house for $ 3 billion but he believes there are 1/20 chances that a thorough investigation will help him discover that the seller does not actually own the property. This house of course will no longer be worth the price. Without insurance, people who neglect risk will give the highest price of $ 2.85 billion (0.95 x33 billion + 0.05 x 0). However, if the house is considered a great asset, Peter does not like risk, so he only sets a lower price, assuming $2.3 billion. In this situation, the buyer desires to be sure there is no risk due to lack of ownership. To be sure, buyers will buy housing ownership insurance. The insurance company will study the history of the asset, check whether the legal status has been ensured, then the insurance company will bear all the remaining risks. Since the insurance company is an expert in this field and it is easy to collect information, title insurance costs are lower than the expected value of the loss. The assumed fee of VND 15 million seems reasonable even though the expected loss may be many times higher. 29 CASE STUDY 2 (topic 7) TELECOMMUNICATION SERVICES IN VIETNAM 1/ Case study objectives: Applying game theory, its reaction to opponent's behavior. 2/ Describe the situation 3/ Ask questions 4) Leading student discussion (team, study group): By the number of students in the class, about 6-8 students a group to discuss, give answers. 5) Conclusion (according to learning objectives). - Students understand the competitive market monopoly and monopoly in practice. - Students can from the telecommunications market situation to make judgments and thoughts about other markets as an economist. TELECOMMUNICATION SERVICES IN VIETNAM. In 1993, the cost of using mobile phones in Vietnam was very high. Rates for post-paid mobile subscribers are 8,000 VND / minute (equivalent to 0.75 USD), and monthly subscription fee is 20 USD. At that time, mobile phone service was only covered in four cities, namely Hanoi, Ho Chi Minh (HCM), Bien Hoa and Vung Tau. After nearly 20 years, by 2012, the price of mobile minutes was only approximately 1,000 VND (equivalent to 0.05 USD), the subscription fee was only 49,000 VND / month, and the waves were covered all over the country. Until the early 2000s, Vietnam's mobile market still consisted of only two mobile service providers, Mobifone and Vinaphone. Mobifone was established in 1993 by Vietnam Posts and Telecommunications Corporation (VNPT) to become the first mobile network in Vietnam under GSM technology. Two years later Mobifone cooperated with Comvik Vietnam AB Company of Kennevik Group in the form of business cooperation contracts (Business Cooperation Contract - BCC) for development consultancy for Mobifone. Vinaphone was established in 1996 and is a dependent accounting branch of VNPT. Because these two suppliers are owned by VNPT, for nearly 10 years (from 1993 to 2003 when the third mobile service provider appeared), the charge rate only slightly decreased compared to 1993, in when the subscription fee is still VND 200,000 / month. At that time, there were three charge zones, of which the highest area was 8,000 VND / minute. Although the birth of S-Fone and Cityphone marked a number of changes in the mobile service market, it was not until the end of 2004 when Viettel started appearing on the market that the breakthrough really took place out. Viettel is a brand belonging to the Military Telecom Group, before becoming a mobile service provider that has traded international telecommunication services such as VoIP, Internet and fixed telephone. Only after 5 months of birth until the end of 2004, Viettel quickly attracted more than 150,000 subscribers. Under the pressure of Viettel and, S-Fone, Mobifone and Vinaphone, have to reduce the charge, switch to charge for a 30-second block and have only one calling area. The launch of Viettel started the promotion race for new subscribers with different forms: discounting roaming fee, giving service subscription fee for postpaid subscribers, giving charge for charging cards for subscribers first, 31 support the phone purchase or donate the phone when registering the service. The competition in the mobile services market began to take place drastically in 200. On the occasion of this Lunar New Year, operators Vinaphone and Mobifone continued to lose credibility due to long-running congestion incidents become worse during Tet. Taking advantage of this opportunity, both Mobifone and Viettel started network promotion programs: firstly, quite gently, giving 50% of roaming fee for prepaid and postpaid subscribers. At the end of the year, Viettel started racing to expand its promotions. Initially, in September 2005, Viettel launched a 50 million free call promotion: free of charge for the first in-network call of the day regardless of the call time and start increasing promotion for new subscribers: free Postpaid roaming charges and duplicating prepaid network accounts. This great promotion makes Mobifone and Vinaphone publicly ctiticize Viettel on mass media, Viettel is dumping phone service. This criticism caused the Ministry of Commerce to enter, and eventually arbitrate that Viettel did not dump. Since then, Mobifone, Vinaphone and S-Fone have expanded their promotions more than before: Vinaphone has increased the amount of prepaid account money from 50% to 50%, S-Fone is free to give VND 300,000 to rent How to buy new machines, Mobifone donates money to accounts for other subscribers. After launching the program of 50 million free calls, Viettel began to experience network congestion when customers called a lot at night time 19h - 21h, Viettel had to apologize to customers. In 2006, the competition of network services companies continued and became more severe: Vinaphone, Mobifone, Viettel reduced the prepaid roaming fee, donated from 10% - 30% for three to five subsequent recharge cards depending on company. Starting from this time, buying a sim and taking a used account is much cheaper than buying a prepaid scratch card and recharge. By the end of the year, Viettel expanded its network promotion. For prepaid subscribers, doubling the value of prepaid network set (a network set of VND 69,000 will have an account of VND 119,000), donating 30,000 to the account for the next 5 months, doubling three additional recharge cards. According to the For postpaid subscribers, no charge for roaming and 6-month subscription fee. Especially in 2006, when calculating total promotion time in different forms, Viettel had more than 6 months of promotion over a total of 12 months of a year. 32 Currently, the quality and price of operators have also changed significantly, which is much more beneficial for consumers. Mobile penetration rate in Vietnam is also very high compared to the region. During the nearly 27 years since opening the market, the telecommunications market has really developed very well. 33 CASE STUDY 3 (topic 8) UNEFFICIENT MEDICINE SYSTEM 1/ Learning objectives: Apply the theory of the chapter into practice. 2/ Describe the situation 3/ Ask questions 4/ Leading student discussion Students give opinions, and then discuss and teachers will conclude the problem, 5) Conclusion Students understand and apply the Pareto efficient. UNEFFICIENT MEDICINE SYSTEM The US spends a large share of GDP to pay for the health system compared to many other countries. But in fact, the health system in these country averages, for every doctor who has an office, there are 2.2 people who are administrative staff. This figure is 25% higher than the UK, 165% compared to the Netherlands and 215% compared to Germany. Therefore, a considerable amount of time and money is paid only to do administrative tasks such as medical report, situation description for insurance companies ... and a small amount is reserved for activities. Treatment is really effective for patients. 34 1. Name course: 2. Credit hours: 3. Code COURSE DESCRIPTION Intermediate Microeconomics 60 credit hours INE2101-E 4. Language of instruction and testing English 5. Lecture 5.1. Lecturer 1 Full name: Office: Office hours: Contact address: Cell phone: Email: 5.2. Lecturer 2 Full name: Office: Office hours: Contact address: Cell phone: Email: 5.3. Lecturer 3 Full name: Office: Office hours: Contact address: Cell phone: Email: Tran My Minh Chau, Ph.D. R309 —E4 -VNU campus By appointment R309 — E4 VNU campus 0853685288 chautmm@vnu.edu.va Nguyen Xuan Dong, Ph.D. R309 ~ E4 -VNU campus By appointment R309 —E4 VNU campus 0912876516 lone@gmi m Trinh Thi Thu Hang, Ph.D. R309 —B4 -VNU campus By appointment R309 —E4 VNU campus 0901282828 hangtrinh@vnu.edu.vn 35 5.4, Lecturer 4 Full name: Offfice: Office hours: Contact address: Cell phone: Email: 5.5. Lecturer 5 Full name: Office: Office hours: Contact address: Cell phone: Email: Hoang Khac Lich, Ph.D. R309 — E4 -VNU campus By appointment R309 —E4 VNU campus 0978135777 lichhk@vnu.edu.vn Dao Thi Bich Thuy, Ph.D. R309 — E4 -VNU campus By appointment R309 —E4 VNU campus 091.2583355 thuydaokt@vnu. 36 6. Course objectives 6.1. Knowledge ‘Achivement | The corresponding Main verbs for recogizing the cometency or (Be able to | (Indentify know) know) Level level according to | achivment of students after the course Bloom’s cognitive ladder Level 1 Level 1 Understand microeconomics at intermediate level; Know basic microeconomic tools, e.g., supply and demand curves, from fundamental concepts. Level 2 Level 2&3 (Understand and Students understand standard microeconomic problems and correctly analyze them; apply) Identify and analyze how different kinds of market structures operate: perfect competition, oligopoly and monopoly; Understand and analyze theory of consumer and producer. Level 3 Level 4&5 Set up and solve economic problems analytically; Argue ~ Analyze ~| Students can evaluate and argue convincingly Evaluate about economic issues. 6.2. Skills 6.2.1. Professional skills Reasoning and solving economic issues: this includes identifying, formulating and gen analyzing the issues/problems both qualitatively and quantitatively with uncertainty, solving t and giving solution, Thinking systematically (e.g. thinking holistically, finding economic problems/issues and th priority, finding balanced solutions, analyzing from different aspects). Use the theory of customer and theory of producer to solve economic problems. 37 6.2.2. Supplementary skill Develop skills in team work and ability to work with others Develop the ability to analyze and independently criticize economic issues 6.3. Ethical attributes Develop personal ethics: flexible, self-confident, diligent/hard working, creative thinking, critic: and skills awareness of one’s personal knowledge, skills, and attitudes; time and resource mani learning; and self-management. 7. Introduction This course provides a more in depth coverage of microeconomics. Theories of consumer demand, production, costs and market failures are developed further and applied to consumer and firm behavior. 8. The lesson per week: 04 9. Learning activities: The course will be conducted in an interactive manner that requires student’ frequent feedbacks. Learning activities will include lectures, in-class discussion, case study preparation and presentation, homework and tests. 10. The method to appreciate Attendance, Homework Assignments _| 10% Group Presentation 10% Midterm Exam 20% Final Exam 60% 11. Textbooks and References Required textbooks 1. Varian, Hal (2005), Intermediate Microeconomics: a Modem Approach, Norton and Company Publisher 2. Perloff, Jeffrey, “Microeconomics: Theory and Applications with Calculus,” Pearsin Education Publisher, 2008 3. Andreu Mas — Colell, “Microeconomics Theory”, Oxford University Press 2008. 38 Other recommended books and materials 4. Pindyck, Robert S. and Daniel L. Rubinfeld, “Microeconomics” Prentice-Hall Publisher. (newest version is 7th edition 2009) 5. Nicholson, W. and C. Snyder, “Intermediate Microeconomics and Its Applications,” South-Western Publisher, (newest version is 11th edition 2010) 6. Roberto Serrano, “A Short Course in Intermediate Microeconomics with Calculus”, Cambridge University Press, 2018. 7. Current economic and business periodicals and journals 12. Prerequisite course: Microeconomics I 13, Contact Department of Economics Faculty of Ecoonomic Development University of Econmics and Business, VNU, HN Head of faculty Head of department f= NE TS. lutu Ouad ob TS. Hoang Mis’ Leh . 39

You might also like