Duration
30h Th, 12h Pr
Number of credits
Lecturer
Hugues Barvaux, Fabienne Fecher-Bourgeois, Frieda Vandeninden
Language(s) of instruction
French language
Organisation and examination
Teaching in the first semester, review in January
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
Comparative study of the different economic regimes: place and role of the state and of the third sector.
Behavioral analysis of economic forces, study of consumer behavior and industrial production.
Study of different market types : competition, monopoly,...
Learning outcomes of the learning unit
At the end of the course, the student will be able to:
- Define with appropriate terms the main economic concepts ;
- Understand and explain behaviors and fundamental mechanisms on the level of individual agents (firms, consumers) and markets ;
- Represent graphically the relations between economic variables ;
- Explain with a graph the impact of the variation of an economic variable on another (comparative statics) ;
- Interpret current statistics ;
- Calculate, through simple numerical exercises, economic variables using theoretical models and formulas studied in the class.
Prerequisite knowledge and skills
Nil.
Links to other courses : The study of the market behaviour of companies in conditions of competition and monopoly forms the economic basis for certain courses in Commercial Law and Economic Law.
Planned learning activities and teaching methods
12h of tutorials
Mode of delivery (face to face, distance learning, hybrid learning)
Face-to-face course
Additional information:
Lectures and tutorials.
Coaching
The course includes tutorial sessions and exercises. Several groups are organised, each under the guidance of a student acting as a coach.
Course materials and recommended or required readings
- PowerPoint Presentations.
- Jurion, B., 2013, Economie politique, De Boeck.
- Tutorial book.
Exam(s) in session
Any session
- In-person
written exam
Work placement(s)
Organisational remarks and main changes to the course
Contacts
Professor :
F. FECHER, Bureau I.61A (B.31), Email : ffecher@uliege.be
Assistants :
H. BARVAUX, Bureau I.58 (B.31), Email: hugues.barvaux@uliege.be
F. VANDENINDEN, Bureau I.60 (B.31), Email: f.vandeninden@uliege.be