In this two-semester course, we will further develop the fundamental microeconomics tools that you have learned in the Principle of Economics. The course consists of five parts: the theory of the consumer, the theory of the firm, partial equilibrium, general equilibrium, and market failures.

This semester (Microeconomics (1)), we begin by modeling how consumers make their decisions, followed by how firms make decisions. After studying individual markets in isolation, we will analyze a general equilibrium model of two interconnected markets, and review the efficiency properties of the competitive system.

Then, next semester (Microeconomics (2)), we will learn how markets function under different conditions (perfect competition, monopoly, and oligopoly). Finally, we will investigate market failures, the circumstances in which competitive markets fail to produce efficient outcomes. 

1. 本校尚無訂定 A+ 比例上限。
2. 本校採用等第制評定成績，學生成績評量辦法中的百分制分數區間與單科成績對照表僅供參考，授課教師可依等第定義調整分數區間。詳見學習評量專區 (連結)。