Public economics (ECON756_ESBC )
Présentation
- Semester 7
- Duration : Within one semester
- Type: Mandatory
-
Student workload: Lecture (CM): 9 hours, Tutorials (TD): 9 hours
-
Teaching and learning method: Lectures
-
Applicability: ESBC course only
-
Module examination: 2 written exam (50% + 50%)
Responsible person for the module: Masha Pautrel
Senior Lecturer in Economics, Faculté de droit, d’économie et de gestion, Université d’Angers
https://www.univ-angers.fr/fr/acces-directs/annuaire-2/p/a/uduser-m-masliansk-fr.html
Objectifs
Major intended learning outcomes
This course offers an in-depth exploration of microeconomic theories, focusing on supply-side economics, market structures, and the basics of public economics. It aims to provide students with a robust understanding of how markets operate from the supply side, the various types of market structures, and an introduction to how government interventions can impact these markets.
Learning Objectives:
By the end of this course, students will be able to:
- Analyze and apply microeconomic theories related to supply and production.
- Understand different market structures and their impact on price and output decisions.
- Evaluate the role of government in economic markets, including taxation and regulation.
- Critically assess the implications of public policies on market efficiency and equity.
Correspondence between major intended learning outcomes and assessment
Evaluation: Students will select a market structure to analyze, examining real-world examples of companies or industries that operate under this structure. The project will include an in-depth written report and a class presentation discussing the implications of market structure on business strategies and public policy.
Heures d'enseignement
| Cours Magistral | 9h | |
| Travaux Dirigés | 9h |
Pré-requis obligatoires
Principles of economics
Plan du cours
Course Outline:
1. Introduction to Microeconomics and Supply-Side Fundamentals
-
- Basic principles of microeconomics: Demand, supply, and market equilibrium
- Factors of production and the production possibility frontier
- Supply-side economics: Policies and impacts
2. Market Structures
-
- Perfect competition: Characteristics and efficiency
- Monopoly and monopolistic competition: Barriers, pricing strategies, and economic outcomes
- Oligopoly: Game theory and strategic behavior
3. Role of Government in Market Operations
-
- Market failures and the rationale for government intervention
- Public goods, externalities, and government solutions
- Public Economic Policies and Their Market Impact
Bibliographie
"Microeconomics" by Robert S. Pindyck and Daniel L. Rubinfeld
This book is a staple in the field of microeconomics, offering a thorough exploration of microeconomic principles with a balance of theoretical and practical applications. It is well-regarded for its clear explanations and robust modeling.
"Intermediate Microeconomics: A Modern Approach" by Hal R. Varian
Varian's book is considered a classic in the study of microeconomics and is used widely at the intermediate level. It is particularly strong in its theoretical rigor and clarity, making it a favorite among economics students.
"Principles of Microeconomics" by N. Gregory Mankiw
Mankiw's text is well-known for its clarity and engaging writing. It serves as an excellent introduction to the principles of economics and is used widely in introductory courses.