APPLIED ECONOMICS - INTRODUCTION

Code Cours
2324-IÉSEG-BB1S1-ECO-BB1CE01UE
Language of instruction
English
Teaching content
ECONOMICS
This course occurs in the following program(s)
Training officer(s)
F.GUNERI
Stakeholder(s)
N.JEAN
Level
Bachelor in International Business
Program year
Period

Présentation

Prerequisite
No prerequisites needed for this course
Goal
At the end of the course, the student should be able to:
- 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 9 sessions of 2h40min
Travail personnel
Charge de travail personnel indicative 50,00 To understand each topics of tue IC, students should spend something like twice the time spent in class on theses topics. They should also redo class exercises.
Overall student workload 74,00
Evaluation
The assessment
Control type Duration Amount Weighting
Contrôle continu
QCM 30,00 3 45,00
Examen (final)
Examen écrit 2,00 1 55,00
TOTAL 100,00

Ressources

Bibliography
Economics - 4th edition, 2018 - N. Gregory Mankiw, Mark P. Taylor Cengage,