 | | |
| ECON0107-2 | Introduction to Microeconomics
|
|
| Duration : | 30h Th, 10h Pr |
|
| Number of credits : |
|
|
| Lecturer : | Henry-Jean Gathon |
|
Language(s) of instruction :
|
| French language |
|
Organisation and examination :
|
| Teaching in the first semester, review in January |
|
Course contents :
|
| Consumer Theory:
- Budget Constraint
- Preferences
- Utility
- Choice
- Demand
- Slutsky Equation
- Buying and Seling
- Intertemporal Choices
- Consumer's Surplus
Firm Theory:
- Technology
- Profit Maximization
- Cost Minimization
- Cost Curves
- Firm Supply
Markets:
- Market Demand
- Industry Supply
- Equilibrium
- Monopoly;
- Monopoly Behavior
- Oligopoly
|
|
Learning outcomes of the course :
|
| At the end of the course, the student must be able to:
- Identify and define microeconomic concepts
- Use microeconomic tools
- Based on exercises, determine the optimal choices of various agents (consumers, firms, etc.)
- Explain and represent on a graph microeconomic mechanisms
|
|
Prerequisites and co-requisites/ Recommended optional programme components :
|
| Economics 100 + basic mathematics |
|
Planned learning activities and teaching methods :
|
| By a Teaching assistant, coordinated by the Assistant |
|
Mode of delivery (face-to-face ; distance-learning) :
|
| Face-to-face + Exercices sessions |
|
Recommended or required readings :
|
| Hal VARIAN, "Introduction à la microéconomie", Bruxelles, Editions De Boeck, 2011, Traduit de l'anglais par Bernard Thiry. |
|
Assessment methods and criteria :
|
| First (January) session: written examSecond session: written exam |
|
Work placement(s) :
|
| |
|
Organizational remarks :
|
| |
|
Contacts :
|
| Professor:
H.J. GATHON, Phone : 04 366 27 78, hj.gathon@ulg.ac.be
Assistant: Sophie REGINSTER, Phone: 04 366 32 26, sophie.reginster@ulg.ac.be |
|
