Study Programmes 2015-2016
| ECON2283-1 | ||||||||
| Volkswirtschaftslehre - Makroökonomik | ||||||||
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Duration :
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| 36h Th, 15h Pr | ||||||||
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Number of credits :
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Lecturer :
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| Markus Fredebeul-Krein | ||||||||
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Language(s) of instruction :
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| German language | ||||||||
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Organisation and examination :
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| Teaching in the second semester | ||||||||
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Units courses prerequisite and corequisite :
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| Prerequisite or corequisite units are presented within each program | ||||||||
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Course contents :
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| A. Fundamentals of Macroeconomics
1 National Income Accounting: Measuring national income 2 National Income Accounting: Measuring cost of living 3 Production and Growth 4 Consumption, Savings and Investment 5 Basics of Monetary policy 6 Basics of Fiscal policy B. Applications of Macroeconomics 1 Labour Markets: Macroeconomic Perspective 2 International Trade policy 3 International Monetary Policy |
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Learning outcomes of the course :
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| In macroeconomics students learn to understand current economic policy discussions. They are able to analyze current macroeconomic problems and can derive adequate policy strategies. Students can assess the repercussions of both monetary and fiscal policy measures on the business environment and the business sector. They are able to decide which theory covers a given economic theory best. | ||||||||
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Prerequisite knowledge and skills :
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| None | ||||||||
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Planned learning activities and teaching methods :
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| Straight lessons during the lectures. Exercise sessions (1:30 each) in small groups of students (mandatory presence in the group assigned to the student is checked). Exercises illustrate the various chapters of the course by simple numerical examples, thus giving a better understanding of the matter. | ||||||||
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Mode of delivery (face-to-face ; distance-learning) :
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| Face-to-face | ||||||||
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Recommended or required readings :
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| Mankiw, N. G./M.P. Taylor (2012), Grundzüge der Volkswirtschaftslehre, 5. Auflage, Stuttgart (Schäffer-Poeschel) | ||||||||
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Assessment methods and criteria :
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| Economics is a matter to judge the ability to analyse and apply a rigorous approach to problems. During the examination shall both master the tools necessary to an understanding of the economic mechanisms and be able to think quickly and speak clearly. The answers to the questions must be formulated and rigorously justified. The final score reflects a general assessment of the qualities of the student according to different information the teacher provides to run tests constituting the exam. Proper knowledge of all the material is required to obtain a score of at least the satisfaction. Conversely , deficiencies in a significant part of the course will lead to a note of weakness or failure. Written examination (90 minutes) at the second term. | ||||||||
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Work placement(s) :
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Organizational remarks :
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Contacts :
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| Markus Fredebeul-Krein
M.Fredebeul@ulg.ac.be or fredebeul-krein@fh-aachen.de |
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Items online :
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 | course material course material can be found under: |
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