conomie
Descriptif des cours
Niveau : L3
(troisime anne de Licence)
Level : L3
(third year of Bachelor)
Semestre 1
Semester 1
0233605 Analyse conomique du droit et de la rglementation
Langue denseignement : Franais
Niveau : L3, Semestre 1
ECTS : 4
Description gnrale:
Ce cours est destin familiariser les tudiants avec lanalyse conomique du droit. Il passe en
revue les thmes classiques. Nous dcrivons lorigine des droits de proprit et les moyens de les
dfendre. Puis nous indiquons comment la responsabilit civile constitue un instrument permettant
de compenser les dommages et inciter les agents minimiser le risque. La thorie des contrats
(obligations) est discute en dtails, notamment afin de montrer pourquoi les contrats doivent
parfois tre rompus. Nous examinons extensivement les rgles dattribution des dommages aux
parties lses, en cas de rupture du contrat. A la diffrence de la responsabilit civile qui
ddommage, le droit pnal est destin dissuader les individus de commettre des infractions.
Nous comparons leffet des diffrentes sanctions (amendes et prisons) dans une perspective
emprunte lanalyse conomique du crime. Nous indiquons ensuite limportance des analyses
qui soulignent le rle des institutions afin dexpliquer pourquoi deux pays diffrents et proches
(Canada et USA) peuvent connatre des taux de criminalit trs diffrents. Nous survolons
rapidement lanalyse conomique du crime organis (mafia et trafic). Nous montrons quels sont les
dterminants qui poussent les parties au procs et nous interrogeons lefficacit de la machine
judiciaire. Un intrt particulier est notamment port aux modes de rglements alternatifs des
litiges. Lensemble du cours fait de nombreuses rfrences lanalyse compare des systmes
(common law versus droit continental).
0233605 Economic analysis of right and rules
Level: L3, 1st Semester
ECTS : 4
Description :
The aim of this course is to familiarize students with Economics Analysis of Right. It explores
classical subjects. We describe the origin of the Right of Property and the ways to defend it. Then
we explain how civil responsibility can be an instrument allowing to compensate the damages and
to motivate the agents to minimize the risks. The Theory of Contracts (obligations) is discussed in
details, especially in order to show why contracts have sometimes to be broken. We look
extensively at the rules of damages attribution to injured parties for breach of contract. Differently
from the civil responsibility which compensates, criminal law is intended to deter individuals from
committing offenses. We compare the effect of different penalties (fines and prison) with a view
borrowed from the economics of crime. We then show the importance of analyzes that highlight the
role of institutions to explain why two different but close countries(Canada and USA) may
experience very different crime rates. Then we do a fast overview of economic analysis of
organized crime (Mafia and traffic). We show which are the determinants that drive the parties at
trial and we question the effectiveness of the judicial machine. Special attention is particularly
placed on alternative modes of payment disputes. The whole course makes numerous references
to the comparative analysis of systems (common law versus continental law).
Chaque expos thorique est accompagn dune revue des validations empiriques des modles
prsents.
0239205 International trade
Taught in : English or French
Level : L3, 1st Semester
ECTS : 5
Description:
This course aims at providing an introduction to the most recent literature on international trade
and on the related policy issues. It analyzes the empirical and theoretical fundamentals of
international trade. Lectures will first focus on the standard models of Ricardo and on comparative
advantage. Then, the course discusses the role of trade policies and their impact on welfare.
Finally, the new trade theories, introducing imperfect competition, are presented so as to provide
an understanding of the most recent approaches. All theoretical discussion goes with a survey of
the related empirical analyses.
Capelle-Blancard, Nicolas Couderc and Nicolas Nalpas (Pearson Education). The companion
website (contents, slides, glossary, spreadsheets...) : http://www.financedentreprise.pearson.fr/
Microconomie
Decription:
The objective of this course is to present an analytical framework for understanding the functioning of labour markets
and supporting economic analysis of significant events that characterize the evolution of these markets. The labour
market is not a standard competitive market, therefore the complexity of real markets will be considered and
evaluation's methods of certain employment policies will be presented. The following topics will be typically covered:
labour demand and supply, wage formation, managerial practices, job search theory, and matching models.
Prerequisites: Microeconomics
entre les pays. Le cours a deux objectifs principaux: le premier est de familiariser les tudiants
avec un ensemble de questions qui sont au cur de la macroconomie, excitantes et importantes
et le second est de leur fournir un certain nombre de modles utiles dans de multiples domaines
de macroconomie.
Un accent particulier sera fait sur:
- La convergence des taux de croissance et niveau de vie
- Le rle de la croissance dmographique et le progrs technologique
- Le rle des externalits, l'accumulation de capital humain, la concurrence et l'innovation
- L'effet de certaines politiques publiques sur la croissance
023X0105 Economic Growth
Taught in: French
Level: L3, 1st Semester
ECTS : 5
General description:
This course introduces students with the theory of economic growth and some of its applications. It
presents the main models used to analyze the process of economic growth at the world level and
the sources of income and growth differences across countries. The course has two main
objectives: the first is to familiarize students with a set of issues and questions that are central to
macroeconomics, exciting and important; the second is to provide them with a number of
workhorse models useful in multiple areas of macroeconomics.
A particular focus will be made on:
Convergence of growth rates and standards of living
The role of demographic growth and technological progress
The role of externalities, human capital accumulation, competition and innovation
The effect of some public policies on growth
0230605 Microconomie
Langue denseignement : Franais
Niveau : L3, Semestre 1
ECTS : 4
Description gnrale :
Le cours de Microconomie applique est un cours de Microconomique avanc qui vient
prolonger et dvelopper les grandes questions microconomiques abordes en L1 et L2. Toutefois
nous abordons ces questions avec une optique applique. Le cours aborde trois thmes
principaux. Le premier thme est celui de la dualit. Nous prsentons la dualit du comportement
du consommateur et de lentreprise. Nous montrons le rle clef de ce concept pour lestimation des
fonctions de demande. Le deuxime thme est celui de loffre de travail. Nous dveloppons les
principaux modles thoriques doffre de travail puis une large partie de ltude de ce thme est
consacre lanalyse empirique de loffre de travail partir, notamment, de la prsentation
dexpriences naturelles rcentes. Le troisime thme est celui de la dcision dans le risque. Nous
prsentons et discutons le modle de dcision dans le risque. Les applications abordes sont la
demande dassurance et le choix de portefeuille.
Pralable : Microconomie L1 et L2
0230605 Microeconomics
Taught in : French
Level : L3, 1st Semester
Description:
Applied Microeconomics is a course of advanced Microeconomics which extends and develops the
major microeconomic issues addressed in L1 and L2. However we approach these issues with an
applied optics. The course covers three main themes. The first theme is that of duality. We present
duality of consumer behavior and business. We show the key role of this concept for the estimation
of demand functions. The second theme is that of labor supply. We develop the main theoretical
models of labor supply and a large part of the study of this topic is devoted to empirical analysis of
labor supply from, including the presentation of recent natural experiments. The third theme is that
of decision under risk. We present and discuss the model of decision under risk. The applications
discussed are the demand for inssurances and portfolio choice.
Prerequisites: Microeconomics L1 and L2
Semestre 2
Semester 2
0234405 Conjoncture
Langue denseignement : Franais
Niveau : L3, Semestre 2
ECTS : 4
Description gnrale :
Lobjectif du cours de Conjoncture est de fournir aux tudiants une nouvelle grille de lecture de
lactualit conomique. Lanalyse conjoncturelle permet, de comprendre les mcanismes par
lesquelles une conomie construit de faon endogne, ses propres dsquilibres qui la conduisent
de la croissance la rcession et de la rcession la reprise. Le cours est construit autour de
lanalyse des cycles (business cycle) et sappuie sur une forte documentation graphique (donnes
denqutes et publications statistiques).
0234405 Business Cycles
Taught in : French
Niveau : L3, 2nd Semester
ECTS : 4
The course of Business cycle provides students with a new interpretative framework of economic
news. The current analysis allows the understanding of the mechanisms by which an economy
builds endogenously, its own imbalances that lead from growth to recession and from recession to
recovery. The course is built around cycle analysis (business cycle) and relies on a strong graphic
documentation (survey data and statistical publications).
loptimisation sans et sous contraintes soit dgalit soit dingalit sera trait aussi. Dernirement,
les quations diffrentielles linaires et non-linaires seront abordes.
0230210 Advanced Mathematics
Taught in: French
Level: L 3, 2nd Semester
ECTS: 4
Description:
The course will present some elements of algebra and analysis: elements of logic and set theory,
the definition of preference and utility function and the duality principle. We will then deal with some
elements of vector spaces and matrix calculus (inverse of a matrix defined by blocks, eigenvalues
and eigenvectors, Jordan form and generalized inverse and pseudo inverse). The third and fourth
sections of the course concern respectively some geometric definitions and the geometric
interpretation of the Generalized Linear Model and the problem of optimisation, without and under
constraints, both equality and inequality constraints. Lastly, the course will deal with differential
equations, linear and non-linear.
After a brief introduction, the first chapter will deal with the accountancy of social policies looking at
the structure of funding, covered risks and beneficiary agents. The second chapter is devoted to
the market against redistribution: we will discuss the appropriateness of an accounting approach
looking at the fiscal impact of housing aids. It describes how the market allocates the load of
financing and the benefits of social protection, showing how contributors and beneficiaries can
differ remarkably from the ones designed under the accounting approach. Sometimes the market
can operate a negative redistribution and favour the ones already better off. Chapter 3 will present
the issue of financing social protection. This chapter presents the effects of substituting social
contributions with taxes in financing social protection. It advances a partial equilibrium analysis of
an increase of the VAT and a reduction in social contributions. Then, a general equilibrium
framework with unemployment is built in order to outline the effects of a VAT policy on the
capital/labour distribution. Chapter 4 focuses on taxes, private and public insurance. This chapter
discusses the interaction between the redistribution issue and the insurance issue. It analyses the
specificities of a compulsory social security programme, a partially private insurance system and
revenue taxes whilst individuals differ based on their productive characteristics and their
unemployment risk. Complementary insurance companies and private insurance companies are
compared in chapter 5. This chapter outlines a competitive context in which companies do not
know the risk which individuals are exposed to. The optimal choice in that case will be not to cover
the unemployment risk entirely. It also shows how a complementary insurance system and a
tax/subsidies policy on the contracts subscribed by private companies can be Pareto improving for
some individuals. Chapiter 6 deals with the policy of reimbursement of public hospitals according to
their medical activity. This chapter presents the recent history of reforms of this system, the
principle of a tax on activity and the effects of this way of financing on competition among hospitals.
The course will conclude on the issues of the optimal rationing of medical treatments. Chapter 7
deals with the topic of assistance and employment. This chapter presents some sytlised facts on
the employment of people receiving minimal welfare benefits. It describes some universal welfare
programmes in France (RMI, RSA, intressement) and investigates the expected behaviours with
respect to employment of the people entitled to social benefits.
ECTS: 4
Description:
After a description of financial globalization and the foreign exchange market, this course deals
with the conditions of equilibrium on the foreign exchange market and introduceS step by step
different models of exchange rate determination. It then continues with the study of exchange rate
regimes and balance of payments crises. It ends with a chapter on international interdependence
and the economy of monetary union. The tutorials are designed in close collaboration with the
course.
Prerequisite: Strong background in Keynesian macroeconomics and monetary economics is
desirable to follow this teaching effectively.