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Microeconomics & Game Theory

  • Enseignant(s): C.Thoeni
  • Cours donné en: anglais
  • Crédits ECTS: 6 crédits
  • Horaire: Semestre d'automne 2018-2019, 4.0h. de cours (moyenne hebdomadaire)
  •  séances
  • Formation concernée: Maîtrise universitaire en Droit et économie

 

Objectifs

This course provides an introduction to microeconomics, game theory, and industrial organization. Economics is a social science, offering a coherent theory with the aim to explain human behavior. Students learn to `think like an economist' and to apply the theory to real world problems. The course contains both a graphical and intuitive approach and introduces the students to the basic analytical tools necessary to solve microeconomics optimization problems.

Contenus

The course will cover the following topics

• Microeconomics

– Consumer behavior
– Firm behavior
– Supply and demand in competitive markets
– Welfare theorems
– Externalities

• Game theory

– Strategic interaction
– Normal form games
– Extensive form games
– Repeated games
– Solution concepts

• Industrial organization

– Imperfect competition, monopoly, oligopoly
– Price discrimination
– Cartel formation

Références

• Frank, R. H. (2009). Microeconomics and Behavior (8th ed.). McGraw-Hill.
• Slides and problem sets
• Further readings will be announced in class

Evaluation

1ère tentative

Examen:
Ecrit 2h00 heures
Documentation:
Non autorisée
Calculatrice:
Autorisée avec restrictions
Evaluation:

Students are required to hand in and present problem sets in class. Grading depends on problem sets and final exam, 2h, closed book. [ 4 function calculator according to HEC directive]

Rattrapage

Examen:
Ecrit 2h00 heures
Documentation:
Non autorisée
Calculatrice:
Autorisée avec restrictions
Evaluation:


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