| Language of instruction: English |
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Mandatory sequentiality bound on the level of programme components
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For following programme components you must have acquired a credit certificate, exemption, already tolerated unsatisfactory grade or selected tolerable unsatisfactory grade.
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Principles of economics (3266)
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6,0 stptn |
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| Degree programme | | Study hours | Credits | P2 SBU | P2 SP | 2nd Chance Exam1 | Tolerance2 | Final grade3 | |
 | 2nd year of Bachelor of Business Administration | Compulsory | 162 | 6,0 | 162 | 6,0 | Yes | Yes | Numerical |  |
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| | | Learning outcomes |
- EC
| The holder of the degree is able to apply insights from organisational and management sciences and relevant supporting/related disciplines in the analysis of such concrete questions of business management. (Problem-solving capacity)
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| | EC = learning outcomes DC = partial outcomes BC = evaluation criteria |
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Production and cost functions, profit maximization in perfectly competitive and non-competitive markets, pricing with market power, market failures (market power, asymmetric information, public goods and externalities), welfare effects of government intervention and market failures, input and output markets.
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Lecture ✔
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Small group session ✔
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Exercises ✔
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Semester 2 (6,00sp)
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| Written exam | 100 % |
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| Other | True/false questions |
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| Additional information | For the true/false questions a “gambling correction” applies, that is, for each incorrect answer one point is subtracted. Each correct answer gives one point and blank answers give zero points. |
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Second examination period
| Evaluation second examination opportunity different from first examination opprt | |
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| Prerequisites |
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Students dispose of the following competences from an introductory course in general or microeconomics:
- students can derive production, cost and supply functions for a firm in the short and long run;
- students can calculate optimal price and production decisions within perfectly competitive and monopolistic markets;
- students can explain the impact of market failures such as market power, public goods and externalities on market outcomes.
Students dispose of the following competences from a mathematics course:
- students can calculate the (partial) derivative(s) of a function of one or two variables;
- students can calculate local and global extremes of a function of one or two variables;
- students can interpret and draw graphs of functions in two dimensions.
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| Compulsory textbooks (bookshop) |
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[Microeconomics],[Pindyck, Robert S. & Rubinfeld, Daniel L.],[9th edition],[Pearson],[9781292213408],[including MyLab Economics] |
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| Compulsory course material |
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Following other compulsory course material will be made available on Blackboard:
- program for the work sessions, including preparatory excercises and self-study assignments;
- solutions to preparatory and self-study exercises (only final solutions, no fully elaborated solutions).
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| Exchange Programme Business Economics | Compulsory | 162 | 6,0 | 162 | 6,0 | Yes | Yes | Numerical | |
| Bridging Programme Business Administration: gemeenschappelijk deel | Compulsory | 162 | 6,0 | 162 | 6,0 | Yes | Yes | Numerical | |
| Preparation Programme BusinessAdministration | Compulsory | 162 | 6,0 | 162 | 6,0 | Yes | Yes | Numerical | |
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Production and cost functions, profit maximization in perfectly competitive and non-competitive markets, pricing with market power, market failures (market power, asymmetric information, public goods and externalities), welfare effects of government intervention and market failures, input and output markets.
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|
|
|
|
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|
|
Lecture ✔
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|
|
Small group session ✔
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|
|
|
|
|
|
Exercises ✔
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|
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|
Semester 2 (6,00sp)
| Evaluation method | |
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| Written exam | 100 % |
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| Other | True/false questions |
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|
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|
| Additional information | For the true/false questions a “gambling correction” applies, that is, for each incorrect answer one point is subtracted. Each correct answer gives one point and blank answers give zero points. |
|
Second examination period
| Evaluation second examination opportunity different from first examination opprt | |
|
|
| Prerequisites |
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Students dispose of the following competences from an introductory course in general or microeconomics:
- students can derive production, cost and supply functions for a firm in the short and long run;
- students can calculate optimal price and production decisions within perfectly competitive and monopolistic markets;
- students can explain the impact of market failures such as market power, public goods and externalities on market outcomes.
Students dispose of the following competences from a mathematics course:
- students can calculate the (partial) derivative(s) of a function of one or two variables;
- students can calculate local and global extremes of a function of one or two variables;
- students can interpret and draw graphs of functions in two dimensions.
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|
| Compulsory textbooks (bookshop) |
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[Microeconomics],[Pindyck, Robert S. & Rubinfeld, Daniel L.],[9th edition],[Pearson],[9781292213408],[including MyLab Economics] |
|
|
| Compulsory course material |
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Following other compulsory course material will be made available on Blackboard:
- program for the work sessions, including preparatory excercises and self-study assignments;
- solutions to preparatory and self-study exercises (only final solutions, no fully elaborated solutions).
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1 examination regulations art.1.3, section 4. |
| 2 examination regulations art.4.7, section 2. |
3 examination regulations art.2.2, section 3.
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| Legend |
| SBU : course load | SP : ECTS | N : Dutch | E : English |
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