Objectives

Intended for future economists, this course introduces students to the methods of economic science and gives a general outline of the themes that will be subsequently treated in more detail. For the benefit of future managers, it also presents an overview of the contemporary economic world, and the problems that it poses.

Contents

More specifically, the students will be invited to reflect on the different ways in which individuals act, as consumers or entrepreneurs, in order to reach their objectives. Topics covered include the analysis of supply and demand, the theory of welfare and its implications for the functioning of our economic system, particularly the role played by the State.

Additionnaly, the course will explore the concepts related to a sustainable economy.

Generally speaking, the course reflects the considerable progress of economic thought resulting from the economic crisis, highlighting those fields of apparent certainty in economic knowledge where doubts are justified.

References

Varian, Hal R. (2011) Introduction à la microéconomie (7e ou 8e ed.), De Boeck.

Additional literature:

Mankiw, N. Gregory (2013), Principes de l'Economie, (3e ed.) De Boeck.

Stiglitz, Joseph et al. (2007), Principes d'économie moderne, (3e ed.) De Boeck.

Perloff, Jeffrey M. (2006), Microeconomics, (4th Edition) Pearson

Evaluation

First attempt

Exam:

Written 2 hours

Documentation:

Not allowed

Calculator:

Allowed with restrictions

Evaluation:

Written exam. Allowed calculator models (exhaustive list): 4 operations calculator: M-Budget (Migros) - Moy (Migros) - Fiamo HD8S (coop) - Sunway SH 228 (Manor).

Retake

Exam:

Written 2 hours

Documentation:

Not allowed

Calculator:

Allowed with restrictions

Evaluation:

Written exam Allowed calculator models (exhaustive list): 4 operations calculator: Fiamo HD8S (Coop), Moy (Migros), Sunway SH 228 (Manor), M-Budget (Migros).