Background Knowledge

Here is the list of concepts and methodological tools that students should command before attending the class.

The full exposition of these are to be found in the pdf document (aim at the bookmarks highlighted in BLUE) 

Microeconomics (ref. Varian) 
1. Technology (the production possibilities/constraints)
2 Profit maximization
3 Cost minimization
Labour Economics (ref. Cahuc & al.)
1. Labour demand in the short run
2. Substitution of capital for labour
3. Specific functional forms for production (and labour demand): Cobb-Douglas, CES
Mathematics (ref Varian)
1. Functions and Graphs
2. Properties of function
3. Inverse functions
4. Equations and Identities
5. Linear Functions
6. Changes and the Rates of Change
7. Slopes and Intercepts
8. Absolute Values and Logarithms
9. Derivatives (first, second)
10. The product rule and the chain rule
11. Optimization
12. Constrained Optimization
Econometrics (ref. Wooldridge-)
1. The nature of econometrics
2. Regression Analysis with Cross-Sectional Data
3. The Omitted Variable Bias
4. Basis Mathematics Underpinning Econometrics (in particular the matrix presentation of the OLS estimator)

Macroeconomics (Mankiw)
Microeconomics (Varian)
Mathematics for economists (Simon and Blume)
International economics (Krugman, Obstfield and Melitz)

Jeffrey Wooldridge (2016), Introductory Econometrics: A Modern Approach, 6th Edition, Cengage Learning.
Part I. Regression Analysis with Cross-Sectional Data
Chapter 1
Chapter 2 (except Section 2.6 )
Chapter 3
Chapter 4
Chapter 5 (Except “Deriving Inconsistency in OLS” and “Other Large Sample Tests: The Lagrange Multiplier Statistic”)
Chapter 6 (Sections 6.2 and 6.3 only)
Chapter 7 (Except “Testing for Differences in Regression Functions across Groups » + Section 7.5 + Section 7.7)
Chapter 8 (Except “Prediction and Prediction Intervals with Heteroskedasticity”, Section 8.4 and Section 8.5)

Students should be familiar with standard concepts of game theory and constrained optimization. A very nice overview of these concepts is given in Appendix A: Game theory (pages 721 - 728) of the following book.

Belleflamme, P., & Peitz, M. (2015). Industrial organization: markets and strategies. Cambridge University Press.

At the end, this chapter also contains useful recommendations for further reading on these topics. These further-reading materials also include more exercises.

Students should be familier with standard concepts of game theory and constrained optimization. A very nice overview of these concepts is in Appendix A: Game theory (pages 721 - 728) of the following book.

Belleflamme, P., & Peitz, M. (2015). Industrial organization: markets and strategies. Cambridge University Press.

At the end, this chapter also contains useful recommendations for further reading on these topics. These further-reading materials also include more exercises.

Les principaux concepts économiques à bien comprendre pour suivre le cours peuvent être trouvés

• dans le manuel en ligne en accès libre "L'économie"  
• ou dans sa version anglaise "The economy" 

The following books provide an excellent overview of the econometric methods that will be used in the course.

• Angrist, Joshua D., and Jörn-Steffen Pischke. Mostly harmless econometrics: An empiricist's companion. Princeton university press, 2008. (Graduate level textbook)
• Angrist, Joshua D., and Jörn-Steffen Pischke. Mastering'metrics: The path from cause to effect. Princeton University Press, 2014. (Undergrad level textbook)

The following books provide an excellent overview of the econometric methods that will be used in the course.

• Angrist, Joshua D., and Jörn-Steffen Pischke. Mostly harmless econometrics: An empiricist's companion. Princeton university press, 2008. (Graduate level textbook)
• Angrist, Joshua D., and Jörn-Steffen Pischke. Mastering'metrics: The path from cause to effect. Princeton University Press, 2014. (Undergrad level textbook)

Concepts de base d'un cours d'économie politique: externalités, bien public, asymétrie d'information, aléa moral, sélection adverse, échecs du marché, couts de transaction, 

Any textbook of introduction to Economics

There are two sets of prerequisites:

1. basic microeconomics: the contents of an introductory course in microeconomics is assumed to be known, including concepts of preferences, utility, equilibrium, general equilibrium, production function, production economy; a typical reference is H. R. Varian, 'Microeconomics'.
2. basic micro econometrics: the ability to use STATA to estimate simple equations is needed; the course includes working with household survey data.

• Basics of microeconomics; supply and demand in price-taking and competitive markets: https://core-econ.org/the-economy/book/text/08.html
• Basic knowledge on the link between the economy and the environment:
  https://core-econ.org/the-economy/book/text/01.html#15-the-economy-and-the-environment
• https://core-econ.org/the-economy/book/text/20.html

LECGE1330: Industrial Organisation ()
LECON2370: Industrial Organisation and corporate strategy 

Nothing special.
The students should have a good knowledge of Macro at the undergraduate level (ex. book by Blanchard), and feel comfortable with maths (essentially applied to optimization problems).
At the beginning of the course, I will provide basic notions on dynamic equations.

1. Comme l'indique la page https://uclouvain.be/cours-2019-lecon2051 le cours s'appuie sur certains acquis de cours de micro-économie et de macro-économie vus dans un programme de bachelier en économie ou en économie et gestion. La personne qui n'a pas suivi ces cours trouvera des rappels dans les notes de cours. Le travail pour ces personnes sera donc plus important.
2. Le cours LECON2051 fait appel à des notions de mathématiques (dérivée, dérivée partielle, différentiation totale). L'annexe des notes de cours (pages A-1 et suivantes) permet de se mettre rapidement à niveau. Ces notes de cours peuvent être téléchargées à l'adresse https://perso.uclouvain.be/bruno.vanderlinden/Teaching.html en cliquant sur " Economie du travail avec des applications à la Belgique".
3. Le cours LECON2051 suppose aussi une familiarité avec le modèle de régression linéaire (simple et multiple) enseigné dans un cours introductif d'économétrie (par exemple LECGE1316 à Louvain). La personne qui n'a pas ses bases les trouvera par exemple dans les chapitres 2, 3 et 4 du manuel "Introductory econometrics : a modern approach" de Jeffrey M. Wooldridge disponibles en de nombreux exemplaires à la bibliothèque de la faculté ESPO.

Macroéconomie
O. Blanchard et D. Cohen
7ème édition
Pearson

Macroéconomie, O. Blanchard et D. Cohen, 7ème édition, Pearson
Chapitres 2, 3, 4, 5, 6, 17, 18, 19, 20

•    Economics: A course in microeconomics
•    Math: A course in algebra and some familiarity with calculus and, especially, with the concept of derivatives.
•    Econometrics: It is assumed that students have at least a basic knowledge in econometrics.
Note that having previously taken an introductory course in labor economics is helpful but is not required. It is assumed that students have at least a basic knowledge about static labor demand and supply, perfect competition theory.