Microeconomics [EFASB250]
- 7 credits
- 45h
- 1st quarter
Language of instruction: French / FrançaisTeacher: Decerf Benoît
Learning outcomes
This course aims at acquiring the basic reasoning of the microeconomic analysis. Students are introduced to the modelling of economic agents' decision making.
Content
The course focuses on the analysis of competitive markets. The course presents the consumer's problem (what to consume?) and the firm's problem (how much and how to produce?). The determination of prices is investigated in partial equilibrium as well as the impact of several public interventions on equilibrium prices. The course emphasises the fruitful use of mathematical tools in microeconomic reasonings.
Table of contents
Part 1: Introduction
Part 2: Consumer theory
Part 3: Partial equilibrium and public intervention
Part 4: Firm theory
Teaching methods
Ex-cathedra presentations based on slides.
Evaluations
Written exam and optional test (the test is only taken into account in the final evaluation if its mark is larger than that of the exam).
Recommended readings
Varian, 2015, Introduction à la microéconomie, De Boeck Université.
Language of instruction
French / FrançaisLocation for course
NAMUROrganizer
Faculté des sciences économiques, sociales et de gestionRue de Bruxelles, 61
5000 NAMUR
