Key words
Economy 1
Objectives
An overview of the fundamental conceptual foundations of economics (with emphasis on microeconomics in this first part)
Topics
Definition and meaning of economics as a science
The working of the market - demand and supply
Theory of the consumer
Theory of the producer
Different market forms
Analysis of prosperity
Public goods and external effects
Prerequisites
None
Final Objectives
Obtaining a basic knowledge of the most important (micro-)economic models and concepts
Materials used
Manual 'Inleiding tot de economie' (L. Berlage & A. Decoster)
Study costs
39,54 EUR
Study guidance
Exercises, office-hours, blackboard
Teaching Methods
Ex-cathedra : 13x4 hours of contact
Group exercises : 4x2 hours of contact
Assessment
Written examination, composed of three parts :
1° Multiple choice questions
2° Open questions theory
3° Open questions exercises
Lecturer(s)
Jos MEIR
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