760007 :Economie voor MAW
(Economics for the Social Sciences)

General info

Instruction language Dutch
Type of Instruction Lectures, Computer practicals (Lecture schedule)
Type of exams Multiple choice exam (70%) assignments (30%) (Examination schedule)
Level:Bachelor
Course load:5 ECTS credits
Registration:Enroll via COMAP.
Blackboard InfoLink to Blackboard (When you see 'Guest are not allowed in this course', please login at Blackboard itself)

Lecturer(s)


prof. dr. G. van de Kuilen (Coordinator)


Objectives

Upon completion of this course, the student can:

  • Explain the strengths and the weaknesses of the "homo economicus" model
  • Explain (graphically) the market mechanism in a situation of perfect competition and is able to discuss the effects of changes in demand and production costs for the equilibrium in the short and long run
  • Explain that in case of (market)power and externalities, the conclusions of the perfect competition model no longer hold
  • Analyze the strategic behavior of economic actors with the help of game theory
  • Analyze the essential macroeconomic variables and understand pros and cons of these macroeconomic concepts.
  • Explain the relationship between macroeconomic concepts such as unemployment, inflation and economic growth.
  • Describe different types of economic crises and analyze its consequences.


Contents

The aims of this course are two-fold. Firstly, students will become familiar with the economic perspective of mainstream economics. Basic concepts like cost-benefit analysis, the homo economicus, coordination, efficiency, supply and demand, market equilibrium, taxation, elasticities, and trade-offs will be discussed and applied. The course pays specific attention to factors that deviate from the ideal-typical model of perfect competition (monopolies, strategic behavior, and externalities).

Secondly, the focus in on recent macroeconomic developments. Students become familiar with macro-economic variables and are able to use these concepts appropriately. Macroeconomic concepts such as unemployment, inflation, economic growth and economic crises play an important role in the course.


Specifics

Grading:
written exam (70%), 3 group assignment (30%). The minimum score for the exam as well as the group assignment is 5.0.


Compulsory for

  • Bachelor Organization Studies ( 2014, 2015, 2016, 2017 )
  • Bachelor Human Resource Studies ( 2014, 2015, 2016, 2017 )
  • Bachelor Sociology ( 2014, 2015, 2016, 2017 )
  • Major: Cultuur in Vergelijkend Perspectief ( 2017 )
  • Major: Grootstedelijke vraagstukken ( 2017 )
  • Major: Sociale Risico's in een Veranderende Wereld ( 2017 )

(08-mei-2018)