ECON2289-1 : Introduction to Microeconomic Analysis

Study Programmes 2015-2016

ECON2289-1

Introduction to Microeconomic Analysis

Duration :

30h Th, 12h Pr

Number of credits :

Bachelor in law		3

Lecturer :

Fabienne Fecher-Bourgeois

Language(s) of instruction :

French language

Organisation and examination :

Teaching in the first semester, review in January

Units courses prerequisite and corequisite :

Prerequisite or corequisite units are presented within each program

Course contents :

Behavioral analysis of economic forces, study of consumer behavior and industrial production.
Study of different market types : competition, monopoly,...

Learning outcomes of the course :

At the end of the course, the student will be able to:
- Define with appropriate terms the main economic concepts ;
- Understand and explain behaviors and fundamental mechanisms on the level of individual agents (firms, consumers) and markets ;
- Represent graphically the relations between economic variables ;
- Explain with a graph the impact of the variation of an economic variable on another (comparative statics) ;
- Synthesize various texts (articles from economic journals or press) in order to complete the oral class ;
- Interpret current statistics ;
- Calculate, through simple numerical exercises, economic variables using theoretical models and formulas studied in the class.

Prerequisite knowledge and skills :

Nil.
Links to other courses : The study of the market behaviour of companies in conditions of competition and monopoly forms the economic basis for certain courses in Commercial Law and Economic Law.

Planned learning activities and teaching methods :

12h of tutorials

Mode of delivery (face-to-face ; distance-learning) :

Lectures ans tutorials.
Coaching The course includes tutorial sessions and exercises. Several groups are organised, each under the guidance of a student acting as a coach.