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Microeconomics 1 : Behaviors and markets
Bachelor 1st year
Record #72

Course

Microeconomics 1 : Behaviors and markets

Keywords

Market, Rationality, Consumer's and Producer's behavior, Utility and Profit

Contents

We present in this course the two fundamental theories of microeconomics: consumer theory and producer theory. In both cases, we are interested in a single agent - a consumer or a producer - who has limited resources to afford goods. How much of a good should be purchased to be as satisfied as possible, and how agents allocate their budgets? This course provides tools for modeling agents' behavior in the markets. Simple examples illustrate and apply the ideas discussed in this course.

Degree

Bachelor 1st year

Curriculum

Economics and Management

E.C.T.S.

5

Skills

Understanding the Fundamental Models of Microeconomics and their Limits, Writing and solving a maximization problem, Assimilating simple game theory mechanisms: strategic choices, competitive games, equilibrium

Teaching

Matthieu Manant - Maître de Conférences, responsable du cours - Hourly volume: 33

Hourly volume - Lectures

33

Hourly volume - Tutorial classes

15

Teaching methods

Campus-based teaching

Language level required

Not specified

Semester

1