Study Programmes 2016-2017
ECON0927-1  
Advanced Microeconomics
Duration :
30h Th, 15h Pr
Number of credits :
Master in economics : general (120 ECTS)6
Master in economics : general (60 ECTS)5
Lecturer :
Julien Jacqmin
Language(s) of instruction :
English 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
Learning unit contents :
The course aims at an understanding of the fundamental theories of individual consumer and producer behavior. It focuses mainly on general equilibrium theory, uncertainty and behavioral economics.
  • Introduction
  • The theory of consumers
  • Supply
  • Competitive markets
  • Uncertainty
  • Behavioral economics
Learning outcomes of the learning unit :
In accordance with the following key learning outcomes: 1, 3, 6 and 8




  • Develop a scientific approach by the formalization of economic issues
  • Problem solving skills
  • Develop a critical sense with respect to economic theory
Prerequisite knowledge and skills :
Calculus (such as Sydsaeter et al.'s textbook) and Intermediate microeconomics courses (such as the content of Varian's Intermediate Microeconomics textbook).
Planned learning activities and teaching methods :
Theoretical and practical lectures. 
Mode of delivery (face-to-face ; distance-learning) :
Outside of face-to-face class hours, the online platform is used to communicate between students and with the lecturers in order to make the content open to all those following the course. This is done in order to facilitate cross-learning and encourage a cooperative approach among students.
 
During exercise sessions, students are asked to proactively solve problem sets in small groups, under the supervision of the teaching assistant. It is essential for students to master the course's material before going to these sessions.
Recommended or required readings :
Gravelle, H. and R. Rees (2004), Microeconomics, 3rd edition, Prentice Hall.
Assessment methods and criteria :
An open book written exam (50%) and 2 problem sets that have to be done in group of 2/3 students (2X25%)
Work placement(s) :
Organizational remarks :
1st semester
Contacts :
Professor: Julien Jacqmin  Office  B. 31 - 1.47 Tel.: 043662734 Email: julienjacqmin@ulg.ac.be
Teaching assistant: Vincent Starck Office B. 31 - 1.32 Tel.: 043663053 Email: vincent.starck@ulg.ac.be
 
 
Items online :
Slides
The PDF-format of the slides used during the course will be available on Lol@ 2015-2016.