2023-2024 / ECON2289-1

Introduction to Microeconomic Analysis


30h Th, 12h Pr

Number of credits

 Bachelor in law3 crédits 
 Bachelor in ancient and modern languages and literatures5 crédits 
 Bachelor in ancient languages and literatures : classics5 crédits 
 Bachelor in information and communication5 crédits 
 Bachelor in modern languages and literatures : German, Dutch and English5 crédits 
 Bachelor in history of art and archaeology : general5 crédits 
 Bachelor in history5 crédits 
 Bachelor in modern languages and literatures : general5 crédits 
 Bachelor in history of art and archaeology : musicology5 crédits 
 Bachelor in ancient languages and literatures : Oriental studies (Registrations are closed)5 crédits 
 Bachelor in philosophy5 crédits 
 Bachelor in French and Romance languages and literatures : general5 crédits 


Fabienne Fecher-Bourgeois

Language(s) of instruction

French language

Organisation and examination

Teaching in the first semester, review in January


Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

Comparative study of the different economic regimes: place and role of the state and of the third sector.

Behavioral analysis of economic forces, study of consumer behavior and industrial production.

Study of different market types : competition, monopoly,...

Learning outcomes of the learning unit

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) ;

- Interpret current statistics ;

- Calculate, through simple numerical exercises, economic variables using theoretical models and formulas studied in the class.

Prerequisite knowledge and skills

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, hybrid learning)

Face-to-face course

Additional information:

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

Recommended or required readings

  • PowerPoint Presentations.
  • Jurion, B., 2013, Economie politique, De Boeck.
  • Tutorial book.

Exam(s) in session

Any session

- In-person

written exam

Work placement(s)

Organisational remarks and main changes to the course


Professor : 
F. FECHER, Bureau I.61A (B.31), Email : ffecher@uliege.be 

Assistants :
H. BARVAUX, Bureau I.58 (B.31), Email: hugues.barvaux@uliege.be

F. VANDENINDEN, Bureau I.60 (B.31), Email: f.vandeninden@uliege.be

Association of one or more MOOCs