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Microeconomics & Game Theory

  • Enseignant(s):   C.Thoeni  
  • Cours donné en: anglais
  • Crédits ECTS: 6 crédits
  • Horaire: Semestre d'automne 2021-2022, 4.0h. de cours (moyenne hebdomadaire)
  •  séances
  • site web du cours site web du cours
  • Formation concernée: Maîtrise universitaire en Droit et économie
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Objectifs

This course provides an introduction to microeconomics, game theory, and industrial organization. Economics is a social science, offering a coherent theory with the aim to explain human behavior. Students learn to `think like an economist' and to apply the theory to real world problems. The course contains both a graphical and intuitive approach and the basic analytical tools necessary to understandand microeconomic models and to solve microeconomics optimization problems.


Contenus

The course will cover the following topics

• Microeconomics

– Consumer behavior
– Firm behavior
– Supply and demand in competitive markets
– Welfare theorems
– Externalities

• Game theory

– Strategic interaction
– Static games of complete information
– Dynamic games of complete information
– Repeated games

• Industrial organization

– Imperfect competition, monopoly, oligopoly
– Price discrimination
– Cartel formation

Références

  • Lecture notes , slides, and problem sets

  • Frank, R. H. (2009). Microeconomics and behavior (8th ed.). McGraw-Hill.

Evaluation

1ère tentative

Examen:
Ecrit 2h00 heures
Documentation:
Autorisée
Calculatrice:
Autorisée avec restrictions
Evaluation:

Students are required to present problem sets in class. Grading depends on the final exam, 2h, on-line, open book. [ 4 function calculator according to HEC directive]

80% of the grade is the final closed-book written exam

20% of the grade is active participation during the course (problem sets)

Rattrapage

Examen:
Ecrit 2h00 heures
Documentation:
Autorisée
Calculatrice:
Autorisée avec restrictions
Evaluation:

The same exam as the main time exam.



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