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| ECON0103-2 | Political Economics, FECHER F.
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| Duration : | 60h Th, 30h QA Sess. |
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| Credits/ECTS : |
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| Holder(s) : | Fabienne Fecher‑Bourgeois |
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| Language : | French language |
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| Course contents : | - Presentation of fundamental aspects of economics and market mechanisms.
- Behavioral analysis of economic forces, study of consumer behavior and industrial production. Study of different market types : competition, monopoly,...
- National accounting
- Analysis of the national economy, consumption and savings, investment, taxation and public expenditure. Calculation of National Revenue level and study of budgetary policy instruments.
- Analysis of monetary policy, money supply and demand.
- Inflation and unemployment.
- Study of intrenational economic relations.
- Examination of international monetary and financial relations. |
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| Course objective : | The course aims at presenting the maineconomic concepts, the fundamental mechanisms and the connections between them on the level of both individual agents and national and international economies. Its is neither a description of institutions nor presentation of economic history but essentially lays stress on lines of economic reasoning. It emphasizes the understanding of economic logic and the rational behaviour of the forces in action. No part of the course can be fully inderstood without the help provided by the other parts. Studying this course therefore means a constant effort to bring different economic phenomena inta relationship with one another. |
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| Prerequisites : | 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.
The analysis of international economic and trade relations is necessary for courses in International Law and European Law. |
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| Organization : | Yearly courses.
Coaching
Throughout the year, the course includes coaching sessions and exercises. Several groups are organised, each under the guidance of a student acting as a coach. |
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| Written notes : | Jurion, B., 2006, Economie politique, De Boeck. |
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| Assessment : | Written examination in June and September |
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| Contacts : | Professor :
F. FECHER, Bureau I.61A - Tél: 04/366 30 69 Email : ffecher@ulg.ac.be
Secretary's office : ----
Assistant :
F. FORTEMPS, Bureau I.60, Tél : 04 366 48 90 Email : francoise.fortemps@ulg.ac.be
Assistant-students :
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