6 ECTS credits
160 h study time
Offer 2 with catalog number 1000319ANR for all students in the 1st semester at a (A) Bachelor - preliminary level.
The conflict between (indefinite) wants and scarce resources at our disposal is the starting point of economic analysis. The micro-economic way of thinking is introduced to the students through the analysis and illustration of basic concepts and their functioning. The interaction between demand and supply as well as the resulting working of the market are introduced. Specific attention is given to the role of both the demand side (consumers) and the supply side (producers). Different market structures are discussed and analyzed (monopoly, oligopoly, monopolistic competition, perfect competition). Market failures as well as the function of government are discussed.
The themes (see below) are treated intuitively, graphically and - where applicable - analytically.
The course consists of lectures where the theoretical concepts are discussed, and exercises.
Students learn the economic way of thinking and basic micro-economic concepts and can apply these concepts in realistic settings.
The final grade is composed based on the following categories:
Written Exam determines 100% of the final mark.
Within the Written Exam category, the following assignments need to be completed:
Not applicable
This offer is part of the following study plans:
Bachelor of Business Engineering: Default track (only offered in Dutch)
Bachelor of Business Economics: Default track (only offered in Dutch)
Bachelor of Business Economics: Minor Political Science (only offered in Dutch)
Bachelor of Business Economics: Minor Law (only offered in Dutch)
Bachelor of Business Economics: Minor Sociology (only offered in Dutch)
Bachelor of Business Economics: Minor Philosophy and Moral Sciences (only offered in Dutch)
Bachelor of Business Economics: Minor Management and Policy in Health Care (only offered in Dutch)
Bachelor of Business Economics: Minor Minor Education (only offered in Dutch)
Bridging Programme Master of Science in Management: Traject 2 (only offered in Dutch)
Bridging Programme Master of Science in Management: Traject 3 (only offered in Dutch)
Bridging Programme Master of Science in Management: Traject 4 (only offered in Dutch)
Bridging Programme Master of Science in Management: Traject 1 (only offered in Dutch)
Bridging Programme Master of Science in Management: Traject 5 (only offered in Dutch)
Bridging Programme Master of Science in Management: Traject 6 (only offered in Dutch)