Duration
40h Th, 12h Pr
Number of credits
| Bachelor in computer science | 3 crédits |
Lecturer
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
Learning unit contents
I Introduction
*Economics: definition and basis concepts
*Economics as a scince
II Microeconomic analysis
II.A Consumer Theory
- Budget Constraint
- Preferences
- Utility
- Optimal choice and Demand
II.B Firm theory
- Cost Minimization
- Technology
- Profit Maximization
- Cost Minimization
- Firm Supply
- Competition and perfect competition
- Monopoly;
- Monopolistic competition
- Oligopoly
III.A Measurement of economic activity
*GDP and National income
*Economic Circuit
III.B Determination of the level of economic activity and economic fluctuations
*Closed economy equilibrium (consumption, investment and multiplier)
*Role of public finance
*Open economy equilibrium
*Money and Central Bank
*Unemployment
*Inflation
Learning outcomes of the learning unit
At the end of the course, the student must be able to:
- Identify and define economic concepts
- Use economic tools
- Based on exercises, determine the optimal choices of various agents (consumers, firms, etc.)
- Explain and represent on a graph economic mechanisms
Prerequisite knowledge and skills
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.
Macroeconomics: handout to students
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: Pierre Copée phone : 04 366 3108, p.copee@ulg.ac.be