Content of Learning Activity

Regarding the part dedicated to microeconomic analysis, here is the list of topics likely to be covered:
PART 1 - The consumer
      1) Consumer behavior
      2) Consumer preferences  
      3) Budget constraints
      4) Consumer choice
      5) Marginal utility and consumer choice
      6) Individual demand
      7) The income effect and the substitution effect
      8) Market demand
      9) Uncertainty
PART 2 - The producer
     10) Firm and production decisions
     11) Production with one variable factor, with two variable factors
     12) Returns to scale
     13) Cost measurement
     14) The cost of short term, long term and cost curves
PART 3 - The market
     15) Perfect competition
     16) Marginal revenue, marginal cost and profit maximization
     17) The choice of the level of production in the short term, in the long term
     18) The short-term supply curve of a competitive firm, of the branch
     19) The industry's long-term supply curve
     20) Monopoly
     21) Monopsony
     22) Monopolistic competition
     23) Oligopoly
     24) Competition versus collusion: the prisoner's dilemma

Required Learning Resources/Tools

Pindyck, R. & Rubinfeld, D. (2018), Microeconomics, 9th ed. - Ed.: Pearson Education
Varlan, H. R. (2019), Intermediate Microeconomics: A Modern Approach: Media Update, 9th ed. - Ed.: W. W. Norton & Company

Recommended Learning Resources/Tools

Not applicable

Other Recommended Reading

Not applicable

Mode of delivery

• Hybrid

Type of Teaching Activity/Activities

• Travaux pratiques

Evaluations

The assessment methods of the Learning Activity (AA) are specified in the course description of the corresponding Educational Component (UE)