UEC-10406 Microeconomics and Behaviour

Course

Credits 6.00

Language of instruction:

Dutch

Contents:

- consumer theory;
- producer theory of markets;
- behavioural economics.

Learning outcomes:

After successful completion of this course students are expected to be able to:
- define the basic concepts of microeconomics and behavioral economics;
- apply microeconomic and behavioral economic theories to consumer and producer behavior;
- calculate optimal solutions of consumer and producer problems using mathematical skills and theoretical insight.

Activities:

- hearing lectures (once a week) on the course materials;
- self-study and self-practicing on economic problems provided both in the course book and on MyPortal/Blackboard;
- a few example exam questions will be provided on the web;
- question hours (once a week) in which remaining questions will be answered.

Examination:

Seven weekly multiple-choice exams in English on the material studied in the respective week, replacing the regular exam.
Participation in at least six exams is obligatory; absence at more than one exam will result in failure, and taking the re-sit exam.
At re-sit exams open questions will be asked in Dutch.

Literature:

Frank, R. H., & Cartwright, E. J. (2016). Microeconomics and Behaviour (2nd European Edition). London: McGraw-Hill Education. 602 pp. ISBN-13: 9780077188979.