APPLIED ECONOMICS – INTRODUCTION
Année du cours : 1 année(s)
Etablissement : IÉSEG School of Management
Langue : English
Formation(s) dans laquelle/lesquelles le cours apparait :
Période : S1
No prerequisites needed for this course
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
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
