Duration
35h Th, 15h Pr
Number of credits
| Bachelor in economics and business management | 5 crédits |
Lecturer
Language(s) of instruction
French language
Organisation and examination
Teaching in the second semester
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
The purpose of this course is to familiarize students with basic economic mechanisms. Rigourous analysis will be based on concrete examples.
The course covers the main topics in the area of the macroeconomic theory: national accounting, wealth of nations, economic growth, development, (un)employment, money, economic fluctuations and cycles, and macroeconomic policies.
Learning outcomes of the learning unit
At the end of the course, the student must be able to:
- understand general basic (macro)economic concepts;
- explain and analyse general economic behaviours, at the national or international level;
- understand and explain, in a critical perspective, the relations between the main economic variables;
- based on exercises, determine the optimal choices of various agents;
- explain and represent on a graph macroeconomic mechanisms.
Prerequisite knowledge and skills
Corequisite:
MATH0055-2 - Mathematics for Economics and managment sciences (Part 1)
ECON2280-1 - Political Economy - Microeconomics
Planned learning activities and teaching methods
Lectures for the theoretical part + excercices sessions
Mode of delivery (face to face, distance learning, hybrid learning)
Face-to-face + use of lol@
Second semester
Recommended or required readings
Mandatory reading: Acemoglu, Laibson and List, Introduction à l'économie, 2nd edition, Pearson, 2018 (chapters 12 to 20) [or ou Acemoglu, Laibson et List, Introduction à l'économie, 3rd edition, Pearson, 2023 (chapters 14 to 22) - TBD]
The material presented in the textbook must be supplemented by notes taken during the lectures. In addition, complementary material will be available on lol@.
Exam(s) in session
Any session
- In-person
written exam ( multiple-choice questionnaire, open-ended questions )
Additional information:
Written exam, closed book, first and second session.
Detailled rules will be posted on lol@.
[FYI: Rules 2022-2023:
The exam is composed of two parts: a multiple choice questionnaire, and several open questions.
The multiple choice part represents 10% of the final grade, while the open questions account for 90%.
Students who get a grade below 10/20 for the multiple choice part will automatically obtain a grade of 0/20 for the open questions part. In that way, students who get less than 10/20 at the multiple choice questionnaire will get a final grade that is, mathematically, below 1/20.]
Work placement(s)
Organisational remarks and main changes to the course
Contacts
Lecturer: Mélanie LEFEVRE, Melanie.Lefevre@uliege.be
Teaching assistant: Manon BOLLAND, Manon.Bolland@uliege.be