This introductory course familiarizes students with economic reasoning and shows how it can illuminate major contemporary economic issues — growth, unemployment, inequality, macroeconomic imbalances — and inform corrective policy. It lays the foundations of economic analysis, both micro- and macroeconomic, illustrated throughout with concrete examples and statistical data, and introduces students to the use of models as a method of modern economic analysis.

Chemin ROF:
/École d'économie de la Sorbonne/Licence 1ère-2ème année Economie - International track/Semestre 1 International Track/UE1 Approche analytique/Introduction to Economics
Chemin ROFid:
/02/UP1-PROG-02-L2B205-125/UP1-PROG-ELP-B105S125/UP1-C-ELP-B1E05125/UP1-C-ELP-B1050125
Code Apogée: B1050125
Composante: École d'économie de la Sorbonne
Semestre: 1
Niveau: L1
Niveau LMDA: Licences
Niveau année: 1
Composition: Travaux Dirigés
Diplôme: Licence 1ère-2ème année Economie - International track
Domaine ROF: [Sciences économiques]
Type ROF: [L2]
Nature ROF: [2]
Cycle ROF: [1]
Rythme ROF: [Initiale,Initiale]
Langue: Anglais
Mention: Economie
Approbateur proposé Id: 479270
Approbateur effectif Id: 479270
Date validation: mercredi 2 septembre 2026, 12:09
Url fixe: 02_L1_Intro_to_Econ
Nombre d'ECTS: 6
Volume horaire CM: 36
Volume horaire TD: 18
Code APOGEE: B1050125
Intitulé matière: Introduction to Economics
Plan du cours:

Chapter 0 Introduction

Chapter 1 National Accounting: Circular Flows, the State, and the Rest of the World
Chapter 2 Microeconomics I: Supply, Demand and Elasticity
Chapter 3 Microeconomics II: Surplus, Taxation and Subsidies
Chapter 4 Microeconomics III: Payroll Taxes, Externalities and Trade
Chapter 5 Microeconomics IV: The Firm’s Behaviour
Chapter 6 Microeconomics V: Monopoly and Oligopoly
Chapter 7 Macroeconomics I: The Neoclassical Theory — The Labour Market
Chapter 8 Macroeconomics II: The Neoclassical Theory — Financial and Money Markets
Chapter 9 Macroeconomics III: The Keynesian Theory — The Basics
Chapter 10 Macroeconomics IV: The Keynesian Theory — Policy and the Interest Rate

Prérequis:

None. This course assumes no prior background in economics and no calculus beyond basic algebra and graph reading; it is designed as students’ first contact with economic reasoning.

Modalités d'évaluation:

Assessment combines continuous assessment during tutorials with a final exam.
• Continuous assessment (50%): two 45-minute written tests (interrogations) taken during tutorial sessions, each graded out of 10 points (combined score out of 20). A participation mark can adjust this score.
• Final exam (50%): a written exam covering the full lecture program, taken during the January exam period.

Bibliographie:

General introductory textbooks
• Mankiw, N. G. Principles of Economics. Cengage Learning. (Primary textbook.)
• Mankiw, N. G. Macroeconomics (useful for the macro part)
• Abraham-Frois, G. Economie Politique. Economica.
• Samuelson, P. A. and Nordhaus, W. D. Economics. McGraw-Hill.
• Stiglitz, J. E., Walsh, C. E. and Lafay, J.-D. Principes d’Economie Moderne. De Boeck

Contacts: Mariona Segu Artes : mariona.segu@univ-paris1.fr

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