6 ECTS credits
150 u studietijd
Aanbieding 1 met studiegidsnummer 1021576BNR voor alle studenten in het 2e semester met een verdiepend bachelor niveau.
The course focuses on micro-economic behaviour by consumers and firms. The starting point is a rational actor that minimizes (or maximizes) an objective function subject to constraints. Rational consumers maximize utility under a budget constraint. Rational firms maximize profit (or another objective) under technological and market constraints. This starting point is applied in many contexts. Strengths and weaknesses of the economic method are treated explicitly. Consumer behaviour is analyzed in an intertemportal setting, in asset markets, in situations of uncertainty, ... The limits of standard micro-economic thinking are explicitly treated by focussing also on alternative frameworks like Behavioural Economics. Producer behaviour is analyzed in different market structures (monopoly, oligopoly, monopolistic competition, perfect competiion) and under hypotheses of symmetric and asymmetric information. Game theoretical insights are introduced.
Not applicable.
The purpose of this course is to provide students with the competences:
De beoordeling bestaat uit volgende opdrachtcategorieën:
Examen Schriftelijk bepaalt 100% van het eindcijfer
Binnen de categorie Examen Schriftelijk dient men volgende opdrachten af te werken:
Not applicable.
Deze aanbieding maakt deel uit van de volgende studieplannen:
Bachelor of Business Economics: Startplan Business Economics (enkel aangeboden in het Engels)
Bachelor of Business Economics: Business and Technology (enkel aangeboden in het Engels)
Bachelor of Business Economics: International Business (enkel aangeboden in het Engels)
Voorbereidingsprogramma Master of Science in International Business: Standaard traject (enkel aangeboden in het Engels)
Voorbereidingsprogramma Master of Science in Business Engineering: Business and Technology: Standaard traject (enkel aangeboden in het Engels)