De elektronische studiegids voor het academiejaar 2025 - 2026 is onder voorbehoud.





Microeconomics (3536)

  
Coordinating lecturer :Prof. dr. Stephan BRUNS 
  
Member of the teaching team :Mevrouw Annelies CLIJSTERS 
 Mevrouw Charlotte ADRIAENSENS 
 Mevrouw Trang DONG 


Language of instruction : English


Credits: 6,0
  
Period: semester 2 (6sp)
  
2nd Chance Exam1: Yes
  
Final grade2: Numerical
 
Exam contract: not possible


 
Sequentiality
 
   Mandatory sequentiality bound on the level of programme components
 
 

Prerequisites

The students are familiar with production, cost of production and perfectly competitive markets as discussed in Algemene economie (3266)



Content

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.



Organisational and teaching methods
Organisational methods  
Lecture  
Small group session  


Evaluation

Semester 2 (6,00sp)

Evaluation method
Written exam100 %
Open questions
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
No
 

Compulsory textbooks (bookshop)
 

Textbook 1:

Microeconomics, Pindyck, Robert S. & Rubinfeld, Daniel L., 9th edition, Pearson, including MyLab Economics

ISBN: 9781292213408

 

Compulsory course material
 

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).


Learning outcomes
Bachelor of Business Administration
  •  EC 
  • EC 14: The holder of the degree is able to apply academic insights from organisational and management sciences and relevant supporting/related disciplines when analysing management problems. (Problem-solving capacity)

  •  EC 
  • EC 15: The holder of the degree can identify and analyse opportunities to create value for an organisation, society or the field of organisational and management sciences.

  •  EC 
  • EC 12: The holder of the degree is aware of ethical and sustainability aspects in the conduct of business. (Stakeholder awareness)

     

 

  EC = learning outcomes      DC = partial outcomes      BC = evaluation criteria  
Offered inTolerance3
2nd year of Bachelor of Business Administration J
Bridging Programme Business Administration: gemeenschappelijk deel J
Exchange Programme Business Economics J
Preparation Programme BusinessAdministration J



1   Education, Examination and Legal Position Regulations art.12.2, section 2.
2   Education, Examination and Legal Position Regulations art.15.1, section 3.
3   Education, Examination and Legal Position Regulations art.16.9, section 2.