University of Liege | Version française
Study programmes 2007-2008Last update : 7/05/2008
ECON0897-1  Economic Policy
Duration :  30h Th
Credits/ECTS :  
"licencié" business studies, 1st year2
Holder(s) :  Willy Delflys, Didier Reynders
Language :  Langue française
Course contents :  - Introduction (Definitions - Historical viewpoints)
- General principles (Voting : a collective decision procedure - Economic classification of public interventions - Agents of the economic policy)
- Microeconomic policy (Quantitative & qualitative objectives - Initiative, productive or redistributive interventions)
- Macroeconomic policy (Objectives : economic growth - Full employment - Price stability/Objective compatibility/ Instruments : Budget policy - Monetary policy - Exchange policy - Price & income policy/ Budget balance & public debt/Balance of payments : the foreign constraint / Economic policy models)
- Sector-based economic policies (Industrial policy - Agricultural policy)
- Internationalization of the economic policy.
Course objective :  This course aims at providing the students with the main principles of the economic policy of Belgium
Prerequisites :  ECO 426 Introduction to Economics
ECO 425 Macroéconomics
ECO 430 Introduction to the Public Economy
Organization :  -22 hours of lectures in class
-individual work in the form of a reading file (8 hours of class)
-tutorials
-webside for the course : course notes and reading file
Written notes :  - GREFFE F., "Politique économique" , Economica, Paris, 1987.
- JACQUEMIN A. et TULKENS H., "Fondements d'économie politique", Ed. Universitaires, série prémisses, Bruxelles, 1989, 2ème édition.
- KIRSCHEN E.S., "La politique économique contemporaine", Edition de l'ULB, Bruxelles, 1966.
- QUADEN G., "Politique économique" , Edition Labor, collection Economie 2000, Bruxelles, 1990, nouvelle édition.
Assessment :  1sts session assessment : oral examination on the course and the compulsory reading file. Bonus point :students can increase their final mark by a maximum of 2 points by selecting ana rticle among the selection proposed in the optional reading file and presenting it during the oral examination. Students who choose tot do so will not receive a lower mark than that obtained for the compulsory part of the exam
2nd session assessment : idem
prolonged 2nd session assessment : idem

Items online :  
Available on Campus HEC-Ulg
Available on Campus HEC-Ulg


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