B3138 - INTRODUCTORY ECONOMICS

Academic Year 2023/2024

Learning outcomes

This is an optional introductory course in microeconomics for newly-admitted LMEPP students whose economics background is not strong enough for the LM level. Upon admission, the admissions committee may recommend students to take this course. At the end of the course, students master the minimal economics background that is needed to succeed in the more advanced economics courses offered at LMEPP.

Course contents

1. Principles of economics

2. Demand and supply

3. Elasticity of demand

4. Welfare analysis

5. Games and strategic interaction

6. The economics of information

7. Empirical methods

The course is in English

Readings/Bibliography

Greg Mankiw, Principles of Economics (ch. 1-2), any edition.

Tom Sargent, University of California at Berkeley
graduation speech, May 16, 2007

Teaching methods

Traditional lecture

Assessment methods

Attendance is strongly advised for students with no background in Economics.

There is no final exam at the end of the course.

Teaching tools

Slides and material made available in class.

Office hours

See the website of Davide Dragone

SDGs

Good health and well-being Quality education

This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.