2019-2020 / ECON2284-1

Political Economics - microeconomics

Duration

40h Th, 15h Pr

Number of credits

 Bachelor in business engineering5 crédits 

Lecturer

Alain Jousten

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

The purpose of this course is to familiarize students with basic economic mechanisms by analyzing individual behaviour (microeconomics).
The course covers the main topics of microeconomics: theory of demand, theory of production and costs (externalities included), perfect competition, monopoly and so on.

Learning outcomes of the learning unit

At the end of the course, the student will be able, in line with the Key Learning Outcomes:
- to master basic notions of economics (strategy).
- to explain and to analyse individual economic behaviour (microeconomics) (strategy);
- to understand and to explain, in a critical perspective, the relations between the main economic variables (strategy and control);
- to think critically, to be curious and to apply scientific rigour stratedy and adaptability).

Prerequisite knowledge and skills

None.

Planned learning activities and teaching methods

Ex cathedra presentations.
During sessions of 2h, exercises are given in order to present the chapters of the course in a practical way.

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

Face-to-face.

Recommended or required readings

Acemoglu, D., Laibson, D., & List, J. (2016). Microéconomie. Traduction française par Dupuis et al, Montreal, Pearson ERPI.

Assessment methods and criteria

Written exam in two parts counting each for 50% of the final grade.
The first part is a multiple-choice questionnaire (MCQ). A grade of at least 6/20 must be obtained for the second part to be corrected. 
The second part is an open-ended questionnaire and is corrected only if a grade of 6/20 is obtained in the first part. Otherwise, a grade of 0/20 is automatically granted to the second part. 

Work placement(s)

Organizational remarks

First semester.

Contacts

Professor A.Jousten, Bât. B31,  Tél. : +32 4 366 31 98,  e-mail : ajousten@uliege.be
Assistant Giulia Klinges, Bât. B31 Tel. : +32 4 366 30 42 Email: gklinges@uliege.be

Adaptation of teaching commitments following the COVID-19 pandemic for the May-June 2020 session

Teaching methods implemented : distance-learning

As all teaching activities took place in 2019, no change.

Assessment subjects

No change

Assessment methods

A multiple choice questionnaire will be implemented on ecampus as the sole evaluation tool.

Contacts

gklinges@uliege.be

Adaptation of teaching commitments following the COVID-19 pandemic for the Aug-Sept 2020 session

Assessment subjects

No change.

Assessment methods

A multiple choice questionnaire will be implemented on ecampus as the sole evaluation tool.

Contacts

gklinges@uliege.be