Building upon the foundation laid in introductory microeconomics, this course delves into more complex and sophisticated economic models to deepen students’ understanding of individual economic decision-making and market interactions. This module aims to provide students with an advanced understanding of microeconomic theory and its applications, enabling them to analyze complex economic issues, make informed policy recommendations, and contribute to the field of economics through rigorous analysis and critical thinking. Throughout the course, students will engage in rigorous analysis of microeconomic concepts, including consumer behaviour, producer theory, market structures, and resource allocation. Emphasis will be placed on developing critical thinking and problem-solving skills to analyse real-world economic issues and policy questions.By the end of the Advanced Microeconomics course, students will have gained a comprehensive understanding of microeconomic theory and its practical applications. They will be equipped with the tools to analyze complex economic situations, make informed policy recommendations, and contribute to contemporary economic debates.
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