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Home > France > Paris > Programs > Program Overview > Course Requirements > Course Description
Economics 220: Microeconomic Analysis
American Business School Paris
Paris, France
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Level(s) |
Instruction in |
Credits |
Contact Hours |
Prerequisites |
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Economics
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200
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English
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3
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45
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Economics 120 (Microeconomics) or equivalent
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This course builds upon the foundations put into place in ECO 120. It includes topics of current interest and incorporates the latest research in economic modeling.
COURSE OBJECTIVES :
To provide students with the knowledge and practical methods to apply the general principles of microeconomics to business problems.
INSTRUCTIONAL METHODOLOGY :
The course consists of class lectures and outside reading assignments. Students will be expected to do class presentations on various assignments. Will be covered in class :
- Preliminaries
- The Basics of Supply & Demand
- Consumer Behavior
- Individual & Market Demand
- Choice Under Uncertainty
- Production; the Cost of Production
- Profit Maximization & Competitive Supply
- Analysis of Competitive Markets
- Market Power : Monoploly & Monopsony
- Pricing with Market Power
- Monopolistic Competition and Oligopoly
- Game Theory & Competitive Strategy
TEXT :
Microeconomics, Pindyck/Rubinfeld, Prentice Hall, 6th Edition, 2004
EVALUATION :
The final grade will be made up of a class participation, homework, case studies, a mid-term test and the final examination.
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