Modern microeconomics is a toolbox where the two main components are classical: price theory and game theory. The aim of the course is to show how these tools can be used to explain how different markets work. Price theory helps explain different consumer and producer behaviour, monopoly pricing and certain forms of market failure while game theory focuses on strategic interaction and helps us to analyse, for example, oligopolistic competition and contractual agreements.


Lars Vahtrik. Office hours by appointment only. 


Tanja Appelberg.
Office hours: Mon-Thu, 12.30-13.30, room A497.
Phone: 08-16 30 38, e-mail: