APPLIED ECONOMICS - INTERMEDIATE

Code Cours
2324-IÉSEG-BB1S2-ECO-BB1CE02UE
Language of instruction
English
Teaching content
ECONOMICS
This course occurs in the following program(s)
Training officer(s)
N.JEAN
Stakeholder(s)
N.JEAN
Level
Bachelor in International Business
Program year
Period

Présentation

Prerequisite
No prerequisite
Goal
- Know and apply the optimum conditions for the consumer and the firm
- Master the mathematical and graphical resolution tools associated with these programs
- Define and calculate different types of elasticity
- Know the characteristics perfect competition
Presentation
Chapter 1. Introduction to Microeconomics
Chapter 2. The consumer Choice
- The budget constraint: what the consumer can afford
- Preferences: what the consumer wants
- The budget constraint and the indifference curve together: the optimal choice
- How Changes in Income & Prices Affect the Consumer’s Choices
Chapter 3. The Firm’s optimal decision making
- How Is Production Organized Within the Firm?
- Costs Firms Face in the Short-Run
- How Much will the Firm Produce?
Chapter 4. Elasticities

Modalités

Organization
Type Amount of time Comment
Présentiel
Cours interactif 24,00
Travail personnel
Charge de travail personnel indicative 100,00 Nearly 100 hours to read and understand course slides and to train on exercises
Overall student workload 124,00
Evaluation
Control type Duration Amount Weighting
Contrôle continu
QCM 1,33 1 30,00
Examen (final)
Examen écrit 2,00 1 70,00
TOTAL 100,00

Ressources

Bibliography
Economics - N. Gregory Mankiw, Mark P. Taylor

Cengage, 3rd edition, 2014