Intermediate Microeconomics (ECO201) sets up the basic formal models of consumer and firm behavior, decision making under uncertainty and strategic interactions (game theory, basic experimental & behavioral ideas). While mathematical reasoning and rigor is key when attending this course, an emphasis will be made on the economic intuitions behind the main results.
Additional issues are reviewed, including conditions for market efficiency, public goods, the effect of strategically used private information, market failures and their remedies, etc.
Textbook:
❯ Intermediate Microeconomics: A Modern
Approach by Hal R. Varian.
❯ Advanced Microeconomic Theory. by Phil Reny and Geoffrey Jehle
Intermediate Microeconomics (ECO201) sets up the basic formal models of consumer and firm behavior, decision making under uncertainty and strategic interactions (game theory, basic experimental & behavioral ideas). While mathematical reasoning and rigor is key when attending this course, an emphasis will be made on the economic intuitions behind the main results.
Additional issues are reviewed, including conditions for market efficiency, public goods, the effect of strategically used private information, market failures and their remedies, etc.
Textbook:
❯ Intermediate Microeconomics: A Modern
Approach by Hal R. Varian.
❯ Advanced Microeconomic Theory. by Phil Reny and Geoffrey Jehle
- Teaching coordinator: Nunez Matias
- Teaching coordinator: Zheng Yiyun
This course aims to introduce students to macroeconomic modeling, covering key topics such as economic growth, consumption and investment choices, and economic fluctuations. After an introduction to growth models, particularly the Solow-Swan model, life-cycle theories and overlapping generations models will be addressed. Themes such as inflation, unemployment, capital flows, and monetary policy will also be explored. Finally, the impact of climate change on macroeconomic dynamics will be discussed.
- Teaching coordinator: Peng Lanxin
- Teaching coordinator: Senouci Mehdi
- Teaching coordinator: Vermandel Gauthier
Introduction to Econometrics (ECO203) introduces the most common ways to study and analyze economic data, with a focus on emphasizing data analysis for empirical causal inference. Topics include linear regressions, randomized trials, instrumental variables, and differences-in-differences. Students also learn how to study datasets through practical examples (R coding).
Textbook: Introductory Econometrics: A Modern Approach by Jeffrey M. Wooldridge / Basic Econometrics by Damodar N. Guarati and Dawn C. Porter.
- Teaching coordinator: Recuero Virto Laura
- Teaching coordinator: Rousseaux Pierre
- Teaching coordinator: Uhlendorff Arne
This course introduces to basic issues regarding the financial system, i.e. markets and institutions intermediating saving and investment. After an informal description of the financial system, it starts with basic asset pricing, continues with corporate finance theory (Modigliani-Miller theorem and its deviations), then turns to the study of banking, financial markets, derivative products, and finally green finance. Whenever possible, it connects theory with contemporary issues.
- Teaching coordinator: Amoussou-Guenou Yackolley
- Teaching coordinator: Dastarac Hugues
The course intends to provide an introduction to the development of economics theories, methods and practices since World War II. The first week will brush a general chronology of the transformation of economics in the postwar in the US and Europe. The goal is to provide a sense of which communities economists were involved in and what social, political, international and technical contexts they were evolving in.
Each of the other 5 sessions introduces one aspect of economists’ current theoretical and empirical practices through reading and discussing famous controversies. For each thematic session, students will find on Moodle a package of articles and/or archival material (like correspondence) in which economists argue with each other on a fundamental aspect of economic science during the 1940s to 1980s, and today.
At the beginning of each session, 1 or 2 groups of 4 students will be asked to:
-explain who the economists involved in the debates are, what social, political and economic context they were operating in, and what they were working on
-summarize the arguments (through staging a 10-15 minutes debate to re-enact the controversy)
-provide their opinion as to how the debate was solved, and where 2018 economists stand on these issues
The other students will then be invited to confront their interpretation of the articles presenting the controversy. I will end the session with a wrap-up lecture on how each question was debated since World War II and whether some kind of agreement has been reached in the last decade.
At the beginning of the first introductory session, I will set up groups, and allocate topics. You will then have a month to prepare your group presentation. Please feel free to reach me via email if you have questions.
Each student is asked to read all the material provided in advance for each thematic session. I will put additional material and the lecture slides in moodle at the end of each session.
- Teaching coordinator: Cherrier Béatrice