MICROECONOMICS
Année du cours : 1 année(s)
Etablissement : IÉSEG School of Management
Langue : English
Formation(s) dans laquelle/lesquelles le cours apparait :
Période : S1
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
Predict how business and economic cycles could affect organizational strategy
Employ state-of-the-art management techniques
Formulate strategically-appropriate solutions to complex and unfamiliar challenges in their professional field
Be a reference point for expertise-related questions and ambiguities
The course consists of the following topics. 1. Introduction to economics (Ch1, Ch2 Mankiw and Taylor); 2. Market forces of supply and demand; elasticty (Ch3, Ch4, Ch8+). 3. Background to demand (Ch5) 4. Supply and production in competitive markets (Ch6, Ch13). 5 Imperfect competition and welfare – monopoly (Ch7, Ch14). 6 Imperfect competition and welfare – oligopoly (Ch16)
