2024-2025 / ECON2281-1

Political Economy - Macroeconomics

Duration

35h Th, 15h Pr

Number of credits

 Bachelor in economics and business management5 crédits 

Lecturer

Mélanie Lefevre

Language(s) of instruction

French language

Organisation and examination

Teaching in the second semester

Schedule

Schedule online

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

Course materials and recommended or required readings

Platform(s) used for course materials:
- LOL@


Further information:

Mandatory reading: Acemoglu, Laibson et List, Introduction à l'économie, 3rd edition, Pearson, 2023 (chapters 14 to 22)

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 )


Further information:

Written exam, closed book, first and second session. 

Detailled rules will be posted on lol@.


 

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 

Association of one or more MOOCs