Course guide of Microeconomics 2 (2261124)

Curso 2025/2026
Approval date: 24/06/2025

Grado (bachelor's degree)

Bachelor'S Degree in Economics

Branch

Social and Legal Sciences

Module

Análisis Económico

Subject

Microeconomía II

Year of study

2

Semester

1

ECTS Credits

6

Course type

Compulsory course

Teaching staff

Theory

  • Carlos Aller Arranz. Grupo: A
  • Ricardo Martínez Rico. Grupo: A

Practice

Carlos Aller Arranz Grupos: 1 y 2

Timetable for tutorials

Carlos Aller Arranz

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  • Thursday
    • 10:30 a 12:30 (Fac. Económicas. B314)
    • 14:30 a 15:30 (Fac. Económicas. B314)
  • Friday
    • 10:30 a 12:30 (Fac. Económicas. B314)
    • 14:30 a 15:30 (Fac. Económicas. B314)

Ricardo Martínez Rico

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  • First semester
    • Wednesday de 08:30 a 10:30 (Fac. Económicas. B309)
    • Thursday de 08:30 a 10:30 (Fac. Económicas. B309)
    • Friday de 08:30 a 10:30 (Fac. Económicas. B309)
  • Second semester
    • Wednesday de 08:30 a 10:30 (Fac. Económicas. B309)
    • Thursday de 08:30 a 10:30 (Fac. Económicas. B309)
    • Friday de 08:30 a 10:30 (Fac. Económicas. B309)

Prerequisites of recommendations

Not required

Brief description of content (According to official validation report)

  • Perfect Competition.
  • Monopoly and Oligopoly.
  • Introduction to the theory of games.
  • Market Failures.

General and specific competences

General competences

  • CG03. Ability to analyse and summarise.
  • CG05. Oral and written communication skills in Spanish.
  • CG08. Problem-solving skills.
  • CG10. Ability to work in a team.
  • CG11. Ability to work in an interdisciplinary team.
  • CG13. Skills in interpersonal relationships.
  • CG15. Ability to communicate with other areas of knowledge.
  • CG16. Ability to engage in critical and self-critical reasoning.
  • CG17. Ability to learn and work autonomously.
  • CG24. Ability to apply knowledge to practice.
  • CG25. Ability to search for information and research.
  • CG26. Ability to design and manage projects.

Specific competences

  • CE17. Identify and anticipate economic problems relevant to the general allocation of resources in the public and private sector.
  • CE22. Bring rationality to the analysis and description of any aspect of economic reality.
  • CE23. Evaluate the consequences of alternative courses of action and select the best ones given the objectives.
  • CE24. Understand economic institutions as the result and application of theoretical or formal representations of how the economy works.
  • CE30. Issue advisory reports on specific situations in the economy (international, national or regional) or its sectors.
  • CE32. Communicate fluently in an environment and work in a team.
  • CE38. Derive from the data relevant information not accessible to non-professionals.
  • CE39. Regularly use Information and Communication Technologies (ICTs) in their professional activities.
  • CE40. Read and communicate professionally in more than one language, especially in English.
  • CE41. Apply professional criteria based on the use of theoretical instruments to the analysis of problems.
  • CE42. Ethical commitment at work. Ability to work in a team. Critical and self-critical reasoning. Work in an international context.
  • CE43. Motivation for quality.
  • CE59. Contribute to the proper management of resource allocation in both the private and public sectors.
  • CE68. Understand the main microeconomic and macroeconomic models.
  • CE69. Understand the functioning of imperfectly competitive markets.
  • CE70. Understand the main models of industrial economy.
  • CE71. Understand the Game Theory.

Transversal competences

  • CT01. Through the knowledge and application of concepts learnt in the Bachelor's Degree (Grado), be able to identify and anticipate economic problems relevant to the allocation of resources, both in the public and private sectors.
  • CT02. Know, understand and apply the different economic models to provide rationality to the analysis and description of any aspect of reality, and be able to know the economic choice criteria of the different agents that make up society.
  • CT03. Learn to communicate fluently in an environment and to work in a team, both in a national and an international context.

Objectives (Expressed as expected learning outcomes)

  • The student must be able to analyze empirical facts related to the strategic behavior of the representative agents of a market using the models described in said subject.
  • The student must know what market power is and what consequences it has for the well-being of society.
  • The student must know the effects of externalities in both production and consumption on the well-being of society.

Detailed syllabus

Theory

  • Topic 1. Perfectly competitive markets
  • Topic 2. Monopoly and monopolistic competition
  • Topic 3. Duopoly
  • Topic 4. An exchange economy
  • Topic 5. Externalities
  • Topic 6. Public goods

Practice

  • Topic 1. Perfectly competitive markets
  • Topic 2. Monopoly and monopolistic competition
  • Topic 3. Duopoly
  • Topic 4. An exchange economy
  • Topic 5. Externalities
  • Topic 6. Public goods

Bibliography

Basic reading list

Serrano, R., Feldman, A. (2018). A Short Course in Intermediate Microeconomics with Calculus. Cambridge University Press, 2018, 2nd edition.

Complementary reading

Pindyck, R.S. and Rubinfeld D.L. (2017). Microeconomics. Harlow UK : Pearson Global Editions. 9th edition.

Recommended links

  • MD01. Face-to-face teaching in the classroom.
  • MD02. Individualized study of the student, search, consultation and processing of information, resolution of problems and practical cases, and completion of works and presentations.
  • MD03. Individual and/or collective office hours.

Teaching methods

  • MD01. Face-to-face teaching in the classroom 
  • MD02. Individual work by the student; retrieval, consultation and processing of information; problem solving and practical case studies; and completion of assignments and presentations 
  • MD03. Individual and/or group tutoring and evaluation  

Assessment methods (Instruments, criteria and percentages)

Ordinary assessment session

  • Final exam, 70%. The exam will be multiple choice. Incorrect answers will be penalized.
  • Group work, 15%. It will be a presentation on applications of some of the models studied in the subject.
  • Participation, 15%. The student's active participation will be evaluated according to their performance, behavior, quality and quantity of their interventions, etc.

To pass the subject it will be necessary to obtain a grade greater than or equal to 3 (out of 10) in the final exam. If this requirement is not met, the overall grade will be failed, with a numerical grade that will be obtained as the minimum between 2.5 points and the weighted sum of the three components of the evaluation.

Extraordinary assessment session

A multiple choice exam. Incorrect answers will be penalized. The grade for this call will be the one obtained in said exam.

Single final assessment

A multiple choice exam. Incorrect answers will be penalized. The grade for this call will be the one obtained in said exam.

Additional information

The Department of Economic Theory and History, in accordance with the Regulations for the care of students with disabilities and other specific educational support needs approved by the Governing Council of the UGR on September 20, 2016, will promote the right to education under conditions of equality. opportunities to students with disabilities and other specific educational support needs. The necessary care actions will be established to achieve their full and effective inclusion, guaranteeing their right to inclusive education, in accordance with the principles of non-discrimination, equal opportunities and universal accessibility, so that they can achieve the maximum possible development of their personal and capabilities. In any case, the objectives established in general for all students. Likewise, according to article 11 of the current Evaluation and Qualification Regulations for students of the University of Granada, the evaluation systems will be adapted to students with disabilities or other specific educational support needs, guaranteeing in all cases their rights. and favoring their inclusion in university studies. The information contained in this guide may be modified due to unexpected circumstances, changes in regulations or new guidelines that may be given by the health authorities, the University or the Center. Information of interest for students with disabilities and/or Specific Needs for Educational Support (NEAE): Management of services and supports (https://ve.ugr.es/servicios/atencion-social/estudiantes-con-discapacidad).

Software Libre

If AI tools are used for the development of the course, students must adopt an ethical and responsible use of them. The recommendations contained in the document‘ Recommendations for the use of artificial intelligence at the UGR’ published at this location must be followed: https://ceprud.ugr.es/formacion-tic/inteligencia-artificial/recomendaciones-ia#contenido0