[major=BBA_IB | course_id=ECO111 | syllabus_id=13497 | semester=1 | combo=core | title=Microeconomics]
Course ID: ECO111
Title EN: Microeconomics
Title VI: Kinh tế vi mô
Credits: 3.0
Prerequisites: 
Description: Economics is the study of how the society manages its scarce resources. Economics has been divided into the subcategories of microeconomics and macroeconomics. While macroeconomics studies aggregate issues related to national and international economic activities, this course - microeconomics - focuses on the behavior of individual economic agents. Microeconomics studies how households (or individuals), business (or firms, enterprises) and the government make decisions, given scarcity of resources. It also studies the interactions among those market members and how these interactions have impacts on their economic benefits and the economy. Because most of these activities occur in the markets, this course also focuses on how the markets work.
Student tasks: + Class attendance is strongly encouraged. Attend at least 80% of class hours in order to be accepted to the final examination
+ Read textbooks and other materials in advance before class
+ Actively participate in class activities
+ Complete all homework assignments and other tasks given by the instructor
+ Use personal laptop in class only for learning purposes
+ Don’t have private conversations or arrive at class late, which can disrupt the learning environment of the class
Tools: 
Course type: traditional
Decision: 1318/QĐ-ĐHFPT dated 11/27/2025
Approved date: 2025-11-27
CLO1: Explain why consumers attempt to maximize utility.
[1] category=Class Participation; type=on-going; weight=10.0; duration=; question_type=LO10, LO11; grading_guide=; completion_criteria=; clos=>0
[2] category=Group Assignment (01); type=on-going; weight=30.0; duration=15' for each group presentation and 10' for Q&A; question_type=LO6, LO7, LO8, LO9, LO10, LO11; grading_guide=Option 1: This group presentation will test critical thinking and skills of applying microeconomic theory to explain and predict the economic phenomena in the real world.Option 2 (For Constructivism Approach only): Follow lecturer's proposal; completion_criteria=; clos=>0
[3] category=Individual Assignments (02); type=on-going; weight=20.0; duration=; question_type=LO3, LO4, LO5, LO6, LO7, LO10, LO11; grading_guide=Option 1:Coverage of Individual Assignment 1 is chapters 1, 2, 4, 5, 6, 7, 21. Coverage of Individual Assignment 2 is chapters 13, 14, 15, 16, 17, 10, 11, and 18. Specific content of each individual assignment is subject to the instructor's decisions. Questions can either be theoretical analysis, computational exercises, or case analysis.Option 2 (For Constructivism Approach only): Follow lecturer's proposal; completion_criteria=; clos=>0
[4] category=Quizzes (02); type=on-going; weight=10.0; duration=15' each; question_type=LO1, LO2, LO3, LO4, LO5; grading_guide=Option 1:Quizzes will test for knowledge of subjects in the relevant chapters assigned for quiz days. Coverage of Quiz 1 is chapters 1, 2, 4, 5, and 6. Coverage of Quiz 2 is chapters 7, 21, 13, 14, and 15.
Option 2 (For Constructivism Approach only): Follow lecturer's proposal; completion_criteria=; clos=>0
[5] category=Final Exam; type=Final exam; weight=30.0; duration=60'; question_type=All LOs; grading_guide=The questions will cover the lectures, in-class activities, exercises, and textbook materials.; completion_criteria=; clos=4
[1] desc=Principles of Economics; author=Mankiw, N. G.; publisher=South-Western CENGAGE Learning; edition=6th; isbn=978-0-538-45342-4; main=True; online=; note=
[2] desc=Principles of Economics (International Edition); author=Mankiw, N. G.; publisher=South-Western CENGAGE Learning; edition=8th; isbn=978-1-305-58512-6; main=True; online=; note=
[3] desc=Principles of Microeconomics (International Edition); author=Mankiw, N. G.; publisher=South-Western Cengage Learning; edition=5th edition; isbn=; main=True; online=True; note=https://openlibrary.org/books/OL23174415M/Principles_of_microeconomics
[4] desc=AE Principles of Economics; author=N. Gregory Mankiw; publisher=Cengage; edition=9th; isbn=ISBN-13: 9789814915342 | ISBN-10: 9814915343; main=True; online=; note=Chọn một trong 3 quyển. Nếu mua ưu tiên mua ấn bản mới nhất
Session 1: -Course Overview
-Introduction to AI Integration into the Course
-Handout of Individual Assignment 1 (Chapters 1, 2, 4, 5, 6, 7, 21)
Chapter 1: Ten Principles of Economics
Topic: Offline; Teaching type: LO1; LO: IT
ITU: 
Materials: ECOchap1-8
Tasks: Slides: https://drive.google.com/drive/folders/1BoG3cerI1xMcRDCaHD7Td7ox01lnM-Ek?usp=sharing
Guidance on AI activities, teaching methods, and assessment strategies: https://drive.google.com/drive/folders/1VUNGwtIwrKysmmEZ1q866Fv7NJEfAzwW?usp=sharing

Session 2: Chapter 1: Ten Principles of Economics
Topic: Offline; Teaching type: LO1; LO: IT
ITU: 
Materials: ECOchap9-16

Session 3: Group Formation
Group Assignment Guidelines
Chapter 2: Thinking like An Economist
Topic: Offline; Teaching type: LO1; LO: I, T
ITU: 
Materials: ECOchap17-24

Session 4: Chapter 2: Thinking like An Economist
Topic: Offline; Teaching type: LO1; LO: I, T
ITU: 
Materials: ECOchap25-32
CLO10: Shows self-reliance when working independently and collaboratively
Session 1: Chapter 4: The Market Forces of Supply and Demand
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: I, T, U
ITU: 
Materials: ECOchap33-36

Session 2: Chapter 4: The Market Forces of Supply and Demand
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU: 

Session 3: Chapter 4: The Market Forces of Supply and Demand
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU: 

Session 4: Chapter 4: The Market Forces of Supply and Demand
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU:
CLO11: Demonstrate ethical awareness and reflection in business context
Session 1: Chapter 5: Elasticity and Its Application
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU: 

Session 2: Chapter 5: Elasticity and Its Application
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU: 

Session 3: Chapter 5: Elasticity and Its Application
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU: 

Session 4: Chapter 5: Elasticity and Its Application
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU:
CLO2: Describe long runs and short runs
Session 1: Group Topic Discussion
Chapter 6: Supply, Demand, and Government Policies
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: I, T
ITU: 

Session 2: Chapter 6: Supply, Demand, and Government Policies
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU: 

Session 3: Chapter 6: Supply, Demand, and Government Policies
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU: 

Session 4: Chapter 6: Supply, Demand, and Government Policies
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU:
CLO3: Discuss fixed, variable, and total costs
Session 1: Chapter 7: Consumers, Producers, and the Efficiency of Markets
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU: 

Session 2: Chapter 7: Consumers, Producers, and the Efficiency of Markets
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO2, LO3, LO4; LO: T, U
ITU: 

Session 3: Chapter 7: Consumers, Producers, and the Efficiency of Markets
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO4; LO: ITU
ITU: 

Session 4: Chapter 7: Consumers, Producers, and the Efficiency of Markets
Topic: Offline; Teaching type: LO4; LO: I, T, U
ITU:
CLO4: Identify the characteristics of microeconomics and its effect consumers, businesses, and owners
Session 1: Quiz 1 (Chapters 1, 2, 4, 5, 6) - Review
Chapter 21: The Theory of Consumer Choice
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO5; LO: TU
ITU: 

Session 2: Chapter 21: The Theory of Consumer Choice
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO5; LO: T, U
ITU: 

Session 3: Chapter 21: The Theory of Consumer Choice
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO5; LO: T, U
ITU: 

Session 4: Chapter 21: The Theory of Consumer Choice
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO5; LO: T, U
ITU:
CLO5: Recognize the three primary forms of elasticity as their impacts on economics
Session 1: Submission of Individual Assignment 1
Handout of Individual Assignment 2 (Chapters 13, 14, 15, 16, 17, 10, 11, 18)
Group Topic Finalization
Chapter 13: The Costs of Production
Topic: Offline; Teaching type: LO6; LO: IT
ITU: 

Session 2: Chapter 13: The Costs of Production
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: 

Session 3: Chapter 13: The Costs of Production
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: 

Session 4: Chapter 13: The Costs of Production
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO6; LO: T, U
ITU:
CLO6: Review curve analysis and how it reflects consumer demand
Session 1: Chapter 14: Firms in Competitive Markets
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: 

Session 2: Chapter 14: Firms in Competitive Markets
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: 

Session 3: Chapter 14: Firms in Competitive Markets
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO6; LO: T, U
ITU: 

Session 4: Chapter 14: Firms in Competitive Markets
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO6; LO: T, U
ITU:
CLO7: Apply utility theory to the changing world of supply and demand
Session 1: Chapter 15: Monopoly
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: 

Session 2: Chapter 15: Monopoly
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: 

Session 3: Chapter 15: Monopoly
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: 

Session 4: Chapter 15: Monopoly
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU:
CLO8: Describe cost curves and consumer variables
Session 1: Chapter 16: Monopolistic Competition
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: 

Session 2: Chapter 16: Monopolistic Competition
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: 

Session 3: Chapter 16: Monopolistic Competition
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: TU
ITU: 

Session 4: Chapter 16: Monopolistic Competition
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU:
CLO9: Recognize the role of supply and demand in economics, government policies.
Session 1: Quiz 2 (Chapters 7, 21, 13, 14, 15) - Review
Review of Individual Assignment 2
Chapter 17: Oligopoly
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: 

Session 2: Chapter 17: Oligopoly
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: 

Session 3: Chapter 17: Oligopoly
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU: 

Session 4: Chapter 17: Oligopoly
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO7; LO: T, U
ITU:
Session 1: Chapter 10: Externalities
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO8; LO: T, U
ITU: 

Session 2: Chapter 10: Externalities
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO8; LO: T, U
ITU: 

Session 3: Chapter 10: Externalities
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO8; LO: T, U
ITU: 

Session 4: Chapter 11: Public Goods and Common Resources
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO9; LO: T, U
ITU:
Session 1: Chapter 11: Public Goods and Common Resources
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO9; LO: T, U
ITU: 

Session 2: Chapter 11: Public Goods and Common Resources
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO9; LO: T, U
ITU: 

Session 3: Submission of Individual Assignment 2
Chapter 18: The Markets for the Factors of Production
[Practice: 1 period(s)]
Topic: Offline; Teaching type: LO9; LO: ITU
ITU: 

Session 4: Review
Review of Individual Assignment 2
Submission of Group Assignment
Course Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: LO9; LO: ITU
ITU:
Session 1: Course Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8, LO9; LO: I, T, U
ITU: 

Session 2: Course Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8, LO9; LO: I, T, U
ITU: 

Session 3: Course Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8, LO9; LO: I, T, U
ITU: 

Session 4: Presentation of Group Assignment
[Practice: 2 period(s)]
Topic: Offline; Teaching type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8, LO9; LO: U
ITU:
Session 1: Presentation of Group Assignment
[Practice: 2 period(s)]
Topic: Offline; Teaching type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8, LO9; LO: U
ITU: 

Session 2: Presentation of Group Assignment
[Practice: 2 period(s)]
Topic: Offline; Teaching type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8, LO9; LO: U
ITU: 

Session 3: Presentation of Group Assignment
[Practice: 2 period(s)]
Topic: Offline; Teaching type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8, LO9; LO: U
ITU: 

Session 4: Presentation of Group Assignment
[Practice: 2 period(s)]
Topic: Offline; Teaching type: LO1, LO2, LO3, LO4, LO5, LO6, LO7, LO8, LO9; LO: U
ITU: