Duration
30h Th
Number of credits
Lecturer
Language(s) of instruction
French language
Organisation and examination
Teaching in the second semester
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
The course starts with a general introduction on key economic concepts. Then the following topics are covered:
- National Accounting (principles)
- Consumption, Savings and Investment
- Determination of National Output, Unemployement, Inflation, Aggregate Demand and Fiscal Policy
- Growth and Cycles
- Money and Modern Banking, Central Banking and the Monetary System
- Basic Open Economy Macroeconomics.
Learning outcomes of the learning unit
At the end of the course, the student must be able to:
- Identify and define macroeconomic concepts
- Explain and analyze key economic mechanisms
- Based on numerical exemples, calculate key macroeconomic data
- Explain and represent on a graph macroeconomic equilibria
- Interpret the effects of various public policies at both national and international level
Prerequisite knowledge and skills
Planned learning activities and teaching methods
Mode of delivery (face-to-face ; distance-learning)
Face to face; 2nd semester
Recommended or required readings
Texts available on MyULg
Assessment methods and criteria
Written exam
Work placement(s)
Organizational remarks
Contacts
Prof.: Henry-Jean GATHON, phone: 04 366 2778, hj.gathon@ulg.ac.be
Assistant: Pierre Copée, phone:04 366 3108, p.copee@ulg.ac.be