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.
- Enseignant éditeur: Segu Artes Mariona
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
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.
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.
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