2018-2019 / ECON0107-3

Introduction to economic analysis, Microeconomics

Duration

20h Th, 6h Pr

Number of credits

 Master in public health (120 ECTS)3 crédits 

Lecturer

Henry-Jean Gathon

Language(s) of instruction

French language

Organisation and examination

Teaching in the first semester, review in January

Schedule

Schedule online

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
II.C Markets 
  • Competition and perfect competition
  • Monopoly;
  • Monopolistic competition
  • Oligopoly

Learning outcomes of the learning unit

At the end of the course, the student must be able to:

  • Identify and define microeconomic concepts
  • Use mircroeconomic tools
  • Explain, and represent on a graph, mircoreconomic mechanisms

Prerequisite knowledge and skills

Basic mathematics (important !)

Planned learning activities and teaching methods

By the assistant (see below)

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:Pierre Copée, Phone : 04 366 3108, p.copee@ulg.ac.be