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MFI - MICROECONOMICS

2017-2018

IESEG School of Management ( IÉSEG )

Code Cours :

1718-IÉSEG-MFI1S1-ECO-MFICE02UE

ECONOMICS


Niveau Année de formation Période Langue d'enseignement 
MSc in Finance1S1English
Professeur(s) responsable(s)S.MORICONI
Intervenant(s)S.MORICONI


Pré requis

This course is addressed to students enrolled in their 1st semester in MSc Finance at Iéseg School of Management. The general philosophy of this course is to give students an overview of microeconomics and the main techniques used in this discipline. It is assumed that students are familiar with graphing and basic algebra.

Objectifs du cours

By the end of this course, students should be able to:
- Understand consumer/firm behavior.
- Understand the influence of the competitive environment on the operation of companies (learning objective AACSB)
- understand the role & the effects of Government intervention in the economy
- Analyze different types of market structures (monopoly, oligopoly and a competitive market).

Contenu du cours

Topic 1. Introduction to Microeconomics
- 10 principles of Microeconomics, Ch1 in Mankiw and Taylor (MT); Thinking like an Economist (Ch2 in MT); How to read/interpret a graph
Topic 2. Market Forces of Supply & Demand
- What is demand/ what is supply/ what is a market equilibrium / static analysis (Ch. 4 in MT); Elasticities (Ch. 5 in MT); Gov intervention (Ch. 6 in MT); Applications taken from the textbooks (see below) and thematic reviews
Chapter 3. The Firm and Industry Organisation
- The production function and costs (Ch. 13 in MT); Competitive markets (Ch 14 in MT); Industry analysis (Ch. 15, 16 and 17 in MT)


Modalités d'enseignement

Organisation du cours

TypeNombre d'heuresRemarques
Face to face
Interactive class6,00  
lecture10,00  
Independent work
Reference manual 's readings22,00  
Independent study
Estimated personal workload12,00  
Charge de travail globale de l'étudiant50,00  

Méthodes pédagogiques

  • E-learning
  • Project work
  • Interactive class
  • Case study


Évaluation

The assessment consists of a continuous assessment through written assignments (40% overall) and a final exam (60%). The written assignments will consist of problem solving, open question and multiple-choice questions according to Iéseg policy.

Type de ContrôleDuréeNombrePondération
Others
Written Report0,00140,00
Final Exam
Written exam2,00160,00
TOTAL     100,00

Bibliographie

  • N. G. Mankiw and M. P. Taylor, ECONOMICS, SOUTH-WESTERN Cengage Learning, 3rd ed. -

  • B. D. Bernheim and M. Whinston, MICROECONOMICS, McGraw-Hill, 2nd Edition -


Ressources internet



 
* Informations non contractuelles et pouvant être soumises à modification
 
 
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