TrainingsMasterEconomicsCoursesRefresher course in economics

Master EconomicsUE Refresher course in economics

Content

For students coming from other fields than economics : quick reminder about the fundamentals of Economics : utility and profit maximization, optimization, markets, equilibrium

Course outline :

1. Principles and key concepts of Economics

2. Foundations of Microeconomics : consumer decision and utility maximization

3. Foundations of Microeconomics : producer profit maximization and market equilibrium under perfect competition

Professional skills

  • Understand and be able to define the objectives, as well as the key methods and principles of Economics
  • Understand and be able to use the key concepts of consumer choice : indifference curves, marginal utility, budget constraint, demand curve, equilibrium
  • Understand and be able to use the key concepts of producer supply under perfect competition : marginal and average costs, marginal revenue, profit, supply curve, equilibrium
  • Understand why free and perfectly competitive markets lead to an efficient allocation of resources

Language used

Main language used by this course: Anglais.

Bibliography

  • Acemoglu, Laibson, and List, Economics, Global Edition, 2nd Ed., Pearson, 2019, chap. 1-7
  • Case, Fair, and Oster, Principles of Microeconomics, Global Edition, 12th Ed., Pearson, 2017, chap. 1-12

Structure and organisation

6-hour lecture.

Volume of teachings

  • Lectures: 6 hours