Microeconomics 2

		Study programme 2019-2020	Français
		Microeconomics 2
		Learning Activity

Code	Lecturer(s)	Associate Lecturer(s)	Subsitute Lecturer(s) et other(s)	Establishment
W-ANMI-007	VENMANS Frank			Université de Mons

Language of instruction	Language of assessment	HT(*)	HTPE(*)	HTPS(*)	HR(*)	HD(*)	Term
Français	Français	20	10	0	0	0	Q2

Organisational online arrangements for the end of Q3 2019-2020 assessments (Covid-19)
Written exam (multiple choice, open questions)
Description of the modifications to the Q3 2019-2020 online assessment procedures (Covid-19)
All students will receive the questions simultaneously and will have to answer in a limited time. It will be an open book exam, but there will be insufficient time to look up all the answers. The questions will be individualised. There will be problem sets, graphical interpretations, questions of understanding and open questions where I ask your opinion.

Content of Learning Activity

Companies' decisions in a competitive market, consumer surplus and producer surplus in different market structures (partial equilibrium models), game theory, general equilibrium (Edgeworth box), market failures, such as asymetric information, extrenalities and public goods. Regulations that will decrease these market failures. An introduction to behavioural economics, including irrationality and altruism in decision-making. Economics of inequality.

Required Learning Resources/Tools

Pindyck R., Rubinfeld D., (2017) Microéconomie, Pearson.

Recommended Learning Resources/Tools

Pindyck R., Rubinfield D. 2017. Microéconomie. Pearson, 800p. There is a powerpoint presentation of every lecture and all the solutions of the questions and exercises will be given.