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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
ECON 317GENERAL EQUILIBRIUM THEORY AND WELFARE3 + 06th Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Elective
Course Objective To add a complementary aspect of widely taught general equilibrium analysis. Looking for whether a country has general equilibrium or not.
Course Content To analyze Walrasian general equilibrium model, analysis of general equilibrium for Pareto optimality, First, identifying the general equilibrium of macroeconomy under closed models and then open models, forecasting the parameters and detection of general equilibrium.
Prerequisites No the prerequisite of lesson.
Corequisite No the corequisite of lesson.
Mode of Delivery Face to Face

COURSE LEARNING OUTCOMES
1-Understanding the detectability of general equilibrium
2- Identifying Walrasian general equilibrium
3-Internalization of Pareto optimal solutions
4- Identfying the computable general equilibrium
5Computing general equilibrium which is outward oriented
6-Interpretations of alternative policy outcomes

COURSE'S CONTRIBUTION TO PROGRAM
Data not found.

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14342
Hours for off-the-classroom study (Pre-study, practice)14342
Assignments3721
Mid-terms11010
Final examination11515
Total Work Load

ECTS Credit of the Course






130

5
COURSE DETAILS
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L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes