Leerresultaten

The objective of this course is to introduce students to basic concepts of microeconomics. The course also aims to raise students' interest in economic reasoning by illustrating how it can be applied to understanding everyday issues or events.

Inhoud

The course follows a traditional approach, with the analysis of consumer behavior, producer production decision and finally the analysis of general equilibrium. Particular emphasis is put on formal reasoning and on applications of theoretical tools through multiple exercises.

Evaluatiemethode

Continuous assessment (20%): MCQ/MAQ and exercises to be submitted on the webcampus at regular intervals
 
Final written exam (80%): Assessment is on a closed-book basis, with questions covering both theoretical aspects and application exercises. The type of questions includes open questions, multiple-choice and/or multiple-answer questions on both theory and exercises.

Bronnen, referenties en ondersteunend materiaal

Pyndick & Rubinfeld, Microeconomics

Taal van de instructie

French