Introductory Microeconomics

University of Stirling

Course Description

  • Course Name

    Introductory Microeconomics

  • Host University

    University of Stirling

  • Location

    Stirling, Scotland

  • Area of Study


  • Language Level

    Taught In English

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • SCQF Credits

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    The economic problem of scarcity; the concept of opportunity cost; the production possibility frontier; how
    prices are determined by supply and demand; the concept of market equilibrium; the causes and effects of
    changes in supply and demand; the elasticities of supply and demand; government intervention in markets;
    the different categories of costs; the short-run pricing and output decisions of firms in perfect competition,
    monopolistic competition and monopoly; labour markets and the reasons why wage rates vary for different
    types of occupation; the distribution of income; the theory of comparative advantage.

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Some courses may require additional fees.

Please reference fall and spring course lists as not all courses are taught during both semesters.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.


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