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Advanced microeconomic theory and its relation to societal issues


Advanced Microeconomics

7.5 credits




This course provides a deep understanding of microeconomic models that are the foundation of a great deal of current international research. The level of abstraction in the course is significantly higher than in previous microeconomic theory courses in terms of formalised mathematical analysis.

Information for exchange students

This course is also open for exchange students. Application information for exchange students.

Want to know why you should study at Södertörn University? Find out here.

Tools and knowledge for analysing important societal issues After studying Economics, you can work in both the public and private sectors, for national or international organisations, with issues relating to the economics of society. In the private sector, it is common for economists to work at banks or in companies in the financial sector. However, economists may also work at consultancies or other companies that require socio-economic expertise. In the public sector, you could work at government ministries, public authorities, municipalities or the Swedish Riksbank. Studying Economics gives you important, societally beneficial knowledge. After your studies, you will have the tools and knowledge necessary to analyse important societal issues Studying Economics is not only a strength on the labour market, but it also provides an important general education for understanding our societal economy. Read about research in this subject
A toolkit built upon modern microeconomic theories This Master’s level course provides you with an understanding of advanced microeconomic theory and the ability to relate it to societal problems at the micro level, in both abstract and applied contexts. You will critically and analytically assess empirically and theory-based claims and gain an understanding of how theoretical perspectives and choices of methods influence scientific studies. One aim of the course is that you will acquire skills that allow you to participate in scholarly discussions of microeconomic issues, contributing qualified opinions and to use an economic perspective in other professional contexts, domestically and internationally. Course design Teaching is primarily based upon lectures, and assessment is conducted through written examination.
How can we manage sparse resources and work towards sustainable economic growth? Economics is important for societal democracy, as the purpose of the subject is to investigate how we manage and distribute sparse resources. The subject therefore has a strong link to most of the UN global goals. Economics has a broad perspective that covers many societal functions, everything from conditions for businesses and employees to those for sustainable development and the role of the financial market in global stability. Economics covers many different areas and has clear links to many current societal problems. Studying the subject provides insight into environmental economics, development economics, financial economics, industrial organisation, labour market economics and various theories of international trade. These areas are strongly associated with current societal problems such as trade wars and globalisation, unemployment and integration, poverty and opportunities for development in low-income countries. If you study Economics, you will gain important societal knowledge that is beneficial on the labour market, as well as tools for analysing important societal problems. At Södertörn University, our aim is to teach the subject using a broad perspective and an unconditional approach.