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| ECON0107-1

 | Introduction to Microeconomics

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| Duration : | 30h Th | |
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| Credits/ECTS : |
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| Holder(s) : | Henry‑Jean Gathon | |
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| Course contents :
| Consumer Theory: Budget Constraint; Preferences; Utility; Choice; Demand; Slutsky Equation; Intertemporal Choices.
Firm Theory: Technology; Profit Maximization; Cost Minimization; Cost Curves; Firm Supply.
Markets; Market Demand; Industry Supply; Equilibrium; Pure Competition; Monopoly; Imperfect Markets. | |
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| Course objective :
| Towards a better understanding of the main microeconomics principles | |
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| Prerequisites :
| Economics 100 + basic mathematics | |
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| Workshops :
| By a Teaching assistant, coordinated by the Assistant | |
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| Organization :
| First Semester, Wednesdays 13:30-16:00 + exercices 16:00-18:00 | |
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| Written notes :
| H. VARIAN, " Introduction à la microéconomie ", Bruxelles, De Boeck, 2003, Traduit de l'anglais par B.Thiry. | |
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| Assessment :
| Written exam | |
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| Contacts :
| Professor: H.J. GATHON, Tél. : 04/366 27 78 - E-mail: hj.gathon@ulg.ac.be
Assistant: François-Louis THOREAU, tél.: 04 366 4698, FL.Thoreau@ulg.ac.be | |
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