EC401E - Fundamental economics

Objectifs

Objectif général :

This course introduces the fundamental techniques and principles of microeconomic theory. It provides students with a solid foundation in economic analysis and develops rigorous skills in the application of these tools to real-world situations, through detailed problem sets and exercises.


Economic analysis has widespread applications in business, government, and everyday life, including the study of decision-making and strategic behaviour.

Objectifs détaillés :

Upon completion of the course, students will have developed a set of skills that enable them to understand economic concepts and how to apply them to analyze specific policy questions.


The course covers topics that may include:


- Supply and demand
- Consumer behaviour
- Producer behaviour
- Market structures and pricing strategy
- Imperfect competition and game theory
- Asymmetric information
- Behavioural and experimental economics


Suggested textbook:


Austan Goolsbee, Steven Levitt, and Chad Syverson, Microeconomics, Worth Publishers, 2013.

Volume horaire (h)

• Cours Magistraux : 30h

Examens

Nombre total d'heures d’évaluation : 2