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| ECON2249-1 | Economic models
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| Duration : | 24h Th, 12h Pr |
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| Credits/ECTS : |
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| Holder(s) : | N... |
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| Language : | French language |
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| Course contents : | I. Introduction
I.1. Definitions
I.2. Using Models for Economics
I.3. Course Structure
II. Economic Theories
II.1. Economic Idealism
II.2. Mercantilist Doctrine
II.3. Physiocratic Thought
II.4. Classical School
II.5. Sociolism and Marxism
II.6. Neoclassical School
II.7. Keynesianism
II.8. Modern Theories
III. Modelization Tools
IV. Basics of Modelization
IV.1. Préliminaries
IV.2. Production Function
IV.3. Consumption Function
IV.4. Investment Function
IV.5. Liquidity Function
V. A Few Economic Models
V.1. Introduction
V.2. Classical Equilibrium Model
V.3. Keynesian Equilibrium Model
V.4. Dynamic Models |
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| Course objective : | Complete the "Rural Economics and Sociology" students' education. This is done by developing their reasoning ability (especially in the quantitative field) and their command of economist's mathematical tools and concepts, through the presentation of the basics of macroeconomic modelization.
After completing the course the student is expected to
- identify and compare main economic theories
- solve recurrence equations
- understand simple economic models
- identify and compare classical and keynesian economic models |
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| Prerequisites : | MA 101 et MA 102 - General mathematics (first part and second part) - A
MA 103P - General mathematics (first part) - B |
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| Organization : | Lectures : 24h
Practical Works : 12h |
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| Written notes : | 1) J. Brémond, A. Gélédan, "Dictionnaire des théories et mécanismes économiques", Hatier, France, 1984.
2) G. Deleplace, "Histoire de la pensée économique", Dunod, France, 1999.
3) H. Denis, "Histoire de la pensée économique", Presses universitaires, France, 1977.
4) G. Kébabdjian, "Les modèles théoriques de la macroéconomie", Dunod, France, 1991.
5) J. Lecaillon, "Analyse macro-économique", Cujas, France, 1969.
6) D. Romer, "Macroéconomie approfondie", McGraw-Hill, France, 1997. |
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| Assessment : | Oral examination (67%)
Group report (33%) |
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