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| ECON0323-1 | First principles of economics
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| Duration : | 30h Th |
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| Credits/ECTS : |
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| Holder(s) : | Bernard Jurion |
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| Language : | French language |
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| Course contents : | The purpose of this course is to familiarize students with basic economic mechanisms by analyzing individual behaviour (microeconomics) and general behaviour (macroeconomics). Special attention is given to their applications for future engineers. The course covers topics in the following two areas: Microeconomic approach: theory of demand, theory of production and costs, perfect competition, monopoly and price discrimination, oligopoly and monopolistic competition.· Macroeconomic approach: national accounting, consumption and investment, national income equilibrium, budgetary policy, international trade, balance of payments, economics of exchange rates, aggregate demand and supply, unemployment and inflation. |
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| Course objective : | To provide a basic knowledge in economics by analyzing and explaining individual (microeconomics) and general (macroeconomics) behaviour.
Special attention is given to applications for future engineers. |
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| Organization : | First semester.Ex cathedra presentations. Optional review sessions are also organized. |
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| Written notes : | JURION B., Economie politique, 3rd edition, De Boeck Université, 2006.
References:
FISCHER, S., DORNBUSCH, R. and SCHMALENSEE R., Economics, Mc Graw-Hill.
SAMUELSON, P.A. and NORDHAUS W.D., Economics, Mc Graw-Hill. |
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| Assessment : | Written exam in 1rst (january and june) and 2nd session. |
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| Contacts : | Professor: B. JURION, Building B31, Room 1/55 - Phone: 04/366.30.47, e-mail: b.jurion@ulg.ac.be
Teaching assistant:
M. LEFEBVRE, Building B31, Room 1/57 - Phone: 04/366.30.42, e-mail: mathieu.lefebvre@ulg.ac.be |
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