Introduction to microeconomics

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Introduction to microeconomics
Année(s) 2015[1]
Code S102015 CR


By the end of the course, a student will be able to understand introductory microeconomic theory, solve basic microeconomic problems, and use these techniques to think about a number of policy questions relevant for solving practical problems.

This course is an introductory undergraduate course that teaches the fundamentals of microeconomics, it provides a solid foundation for economic analysis and thinking that can last throughout a bachelor with a concentration in economics, business, political science or related fields.

The first part of this course introduces a framework for learning about consumer behavior and analyzing consumer decisions. We then turn our attention to firms and their decisions about optimal production, and the impact of different market structures on firms' behavior. The second part of the course provides an introduction to some of the more advanced topics that can be analyzed using microeconomic theory. These include the impact of uncertainty on consumer behavior, an introduction to game theory and to asymmetric information and contract theory.

Lectures

Principles of economics

Supply and demand: How markets work

Elasticity and its application

Supply and demand: Markets and welfare

The economics of the public sector

The costs of production

Firms in competitive markets

Monopoly

Oligopoly

Monopolisitc competition

Annexes

References

  1. Programme des cours - année académique 2015-2016 - Introduction to Microeconomics (S102015 CR)