Objectives of Programme's Learning Outcomes

• Implement an academic view on knowledge, particularly through the mastery of methods and literature research tools.
• Develop and structure reasoning by basing it on suitable scientific arguments
• Actively master the fundamental concepts and models of economic sciences and management sciences
• Identify and explain the concepts, principles and models of fundamental theoretical trends in economic sciences and management sciences and their applications.
• Understand how organisations and markets work
• Understand the methods and tools adapted to the field of economics and management
• Acquire basic methodological tools necessary for scientific inquiry in the field of economics and management.
• Describe the principles of methodological approaches (objectives, methods, techniques and tools) to understand and explain the functioning of organisations and markets.
• Critically compare knowledge acquired to real situations.
• Demonstrate an acute sense of analysis, criticism and ethics in relation to various issues in economics and management.
• Demonstrate working and analytical rigour.
• Be rigorous and independent in learning, particularly through adequate planning of activities to be undertaken in order to best utilise the time available.
• Develop their scientific curiosity and open-mindedness
• Demonstrate self-awareness, assess themself, and adapt.

Learning Outcomes of UE

After this course, the students will be able to:
-Understand the basic foundations of the classical microeconomic theory presented in a quantitative way.
-Acquire a wider knowledge of real markets and their evolution.

Content of UE

Consumer behaviour: static and dynamic analyses, individual and market demand, elasticities, ... Production and cost theory: short and long run, cost minimising production choices, ... Profit maximisation in competitive markets, Monopoly (classical approach).

Prior Experience

Not applicable

Type of Assessment for UE in Q2

• Oral Examination
• Written examination

Q2 UE Assessment Comments

Not applicable

Type of Assessment for UE in Q3

• Oral examination
• Written examination

Q3 UE Assessment Comments

Not applicable