Economy of the firm [ LFSAB1803 ]

No prerequisite

• Macroeconomic environment of enterprises and markets;
• microeconomic analysis of markets and enterprises;
• examples of tools for decision making and strategic evaluation of enterprises.

Following this course, the students will be able to:

• define the different types of enterprises and their functions;
• locate enterprises in the macroeconomic framework;
• name and apply microeconomic models in relationship with enterprise management;
• model relationships between economical variables;
• use optimisation techniques to define enterprise strategy.

Written examination at the end of the semester

Lectures and application exercises

Self-learning exercises with internet tools

The aim of this course is to provide students with an introduction to the basic concepts of the economics of enterprise (microeconomics) and to allow them  managing the main operational tools applied in the field of the economics of enterprise.
It should also allow students interested in the minors in 'economics' and in 'management' complementing their curriculum in the framework of these minors.