CARDIFF UNIVERSITY

BS2550: Microeconomic Theory

Final Examination Guide and Notes 2026

Part 01: About This Guide

Part 02: Sample Final Examination Paper

Part 03: Suggested Solutions to Final Exam Paper

Part 04: Final Examination - Hints and Tips

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BS2550: Microeconomic Theory (Solutions)

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ACADEMIC YEAR 2026 - 2027

University	Cardiff University
School	Cardiff Business School
Module Code	BS2550
Number of Credits	20
Module Name	Microeconomic Theory
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	30

Prepare with a clear, practical guide to BS2550: Microeconomic Theory (Cardiff University). It explains the final examination format and typical question styles, and covers all examinable topics in the syllabus. You don’t need deep prior knowledge - build a solid base and quick recall as you study. Use the notes as a handy reference to reinforce key ideas, focus your revision, and improve your performance in the final.

The syllabus is divided into two sections: (i) Household/consumer choice (approximately one-third of the module teaching allocation): basic consumer theory - indifference curve analysis; compensating and equivalent variations; extensions of the basic consumer model - income/leisure trade-off and the borrowing/lending decision; (ii) Firms, markets and efficiency (approximately two-thirds of the module teaching allocation) - production and cost theory; the competitive model; general equilibrium analysis; market power; market failure and missing markets.

MODULE CODE	MODULE NAME
BS1501	Applied Stats and Maths in Econ and Business
BS1503	Introduction to Accounting
BS1512	Foundations of Business Accounting
BS1547	Introduction to Economics
BS1551	Microeconomics
BS1611	Fundamentals of Financial Reporting
BS1612	Fundamentals of Finance
BS1630	Principles of Marketing and Strategy
BS1652	Macroeconomics
BS2507	Management Accounting
BS2508	Corporate Financial Management
BS2514	Financial Markets and Institutions
BS2516	Corporate Reporting
BS2549	Macroeconomic Theory
BS2550	Microeconomic Theory
BS2551	Money Banking and Finance
BS2570	Introductory Econometrics
BS3515	Financial Derivatives
BS3551	Econometrics
BS3615	Security Analysis and Portfolio Management

UKNOTES

BS2550: Microeconomic Theory (Solutions)

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