Uusi opinto-opas (sisältäen myös opetusohjelmat) lukuvuodelle 2018-2019 sijaitsee osoitteessa https://opas.peppi.utu.fi . Tältä sivustolta löytyvät enää vanhat opinto-oppaat ja opetusohjelmat.

The new study guide (incl. teaching schedules) for academic year 2018-2019 can be found at https://studyguide.utu.fi. This site contains only previous years' guides.

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Archived Curricula Guide 2014–2016
Curricula Guide is archieved. Please refer to current Curricula Guides
KT040003 KTY1 Introduction to Microeconomics 3 ECTS
Organised by
Person in charge
Martti Vihanto

Learning outcomes

The aim of the course is to learn basics of consumer choice, decisions of firms and the market mechanism. The student learns fundamentals of economic decision making and the workings of markets, and after completing the course knows how to explain common economic phenomena.


Consumer choice, supply decisions of firms, supply and demand, market structures, government interventions.

Further information on prerequisites and recommendations

Restricted attendance. The course in available only for Master's Degree Programme students who cannot participate in KT040001 KTY1 course.

Teaching methods

No lectures. Written examination based on literature.

Modes of study

Option 1
Available for:
  • Degree Programme Students
  • Other Students
  • Doctoral Students
  • Exchange Students
Written exam
  • In English


Numeric 0-5.

Study materials

Economics, 9th ed. or newer, McGraw-Hill: London. Begg, David, Fischer, Stanley; Dornbusch, Rudiger (2008), 978-0077119669. According to instructions of the person in charge.

Belongs to following study modules

Archived Teaching Schedule. Please refer to current Teaching Shedule.
Implementation details are unavailable.
Department of Economics
Finnish Study Modules