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Course module: 410124-B-5
410124-B-5
Economics for International Students
Course info
Course module410124-B-5
Credits (ECTS)5
CategoryBA (Bachelor)
Course typeCourse
Language of instructionEnglish
Offered byTilburg University; Tilburg School of Social and Behavioral Sciences; TSB: Human Resource Studies; Human Resource Studies;
Is part of
B Sociology (International Sociology)
B Human Resource Studies (HRS: People Management)
B Organization Studies
B Organization Studies: Global Management of Social Issues 
Contact personprof. dr. S. Suetens
Lecturer(s)
PreviousNext 2
Lecturer
P.P.M. Achard
Other course modules lecturer
Lecturer
prof. dr. R. Gerlagh
Other course modules lecturer
Lecturer
F.W. van Gils
Other course modules lecturer
Lecturer
R.V. Jaimes Bonilla
Other course modules lecturer
Lecturer
prof. dr. G. van de Kuilen
Other course modules lecturer
Starting block
BLOK 4
Course mode
Full-time
Remarks-
Registration openfrom 18/03/2019 up to and including 31/07/2019
Aims
  1. Students are able to understand and apply the basic principles of economic choice.
  2. Students are able to determine and visualize supply and demand in competitive markets.
  3. Students are able to determine and compare short-run and long-run aggregate outcomes (equilibrium price, consumer surplus, producer surplus) under perfect competition and monopoly. 
  4. Students are able to analyze behavior of firms in duopoly by means of simple game-theoretic models.
  5. Students are able to analyze the effect of externalities on aggregate outcomes (prices, consumer surplus, producer surplus).
  6. Students are able to evaluate the consequence of various types of government interventions (e.g. taxes, subsidies) for the well-being of economic agents.   
  7. Students are able to explain and use essential macroeconomic variables such as unemployment, inflation, economic growth, and GDP, and the relationship between them.
  8. Students are able to describe different types of economic crises and analyze their consequences. 
Content
Content:

The course is an introduction to economics and covers basics of micro-economics and of macro-economics. Students will become familiar with fundamental concepts such as trade-offs, marginal analysis, supply and demand, market equilibrium, efficiency, and elasticity. They are introduced to different market structures (perfect competition, monopoly and oligopoly), to market failures (externalities) and to the effect of government intervention (taxes, maximum prices). They learn to understand the relevance of macro-economic concepts as inflation, unemployment, and economic growth.


Set-up:
  1. Lectures
  2. Classic tutorials
  3. Classroom experiments
  4. Assignments
Course available for exchange students
Conditions of admission apply
Timetable information
410124-B-5|Economics for International Students
Written test opportunities
Omschrijving/DescriptionToets/TestBlok/BlockGelegenheid/OpportunityDatum/Date
Schriftelijk / WrittenOTH_01BLOK 4114-06-2019
Schriftelijk / WrittenOTH_01BLOK 4209-07-2019
Written test opportunities (HIST)
Omschrijving/DescriptionToets/TestBlok/BlockGelegenheid/OpportunityDatum/Date
Required materials
Literature
-
Title:Economics
Author:Paul Krugman en Robin Wells
Publisher:Worth Publishers
Edition:5
Recommended materials
-
Tests
Written

Paper

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