Course ObjectiveBridging Theory and Practice - Knowledge:
Know the basics of microeconomics. See topics above.
Bridging Theory and Practice - Application:
At the end of the course you:
(1) can abstract from irrelevant details;
(2) can apply economic concepts and theory to analyze concrete problems;
(3) are able to interpret economic news;
(4) distinguish between correlation and causal effect.
Course ContentTopics to be discussed are:
• Consumers, sellers and Incentives;
• Perfect competition, Trade;
• Externalities and public goods;
• Labor market/ human capital/unemployment;
• Economics of Information;
• Game theory/ Auctions;
• Socio/behavior economics.
Teaching MethodsLectures and tutorials
Method of AssessmentGrade is average of problem sets (30 %) and written examination (70%),
with written exam grade of at least 5.0.
Entry RequirementsBasic knowledge of math and statistics, as provided in the academic core
of any academic program at the Vrije Universiteit Amsterdam or
LiteratureAcemoglu, Daron, David Laibson and John A. List, 2016, Economics,
Harlow, Essex, Pearson Education Ltd. ISBN 13: 978-1-292-07920-2, incl.
access code MYECONLAB.
Target AudienceThird-year bachelor students of any major (except Economics and
Additional InformationThis course is an integral part of the University Minor Economics;
participants are strongly advised to attend the entire minor in
economics program. Completing the entire program can give access to the
Msc in economics program
|Language of Tuition||English|
|Faculty||School of Business and Economics|
|Course Coordinator||prof. dr. P.A. Gautier|
|Examiner||prof. dr. P.A. Gautier|
You need to register for this course yourself
|Teaching Methods||Lecture, Study Group|
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