2019-2020 / ECON2285-1

Political Economics - Macroeconomics

Duration

40h Th, 15h Pr

Number of credits

 Bachelor in business engineering5 crédits 

Lecturer

Alain Jousten

Language(s) of instruction

French language

Organisation and examination

Teaching in the second semester

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

The purpose of this course is to familiarize students with basic economic mechanisms by analyzing general behaviour (macroeconomics).
The course covers the main topics in the area of the macroeconomic theory: consumption and investment, national income and cycles, budgetary policy, international trade, monetary policy and so on.

Learning outcomes of the learning unit

At the end of the course, the student will be able, in line with the Key Learning Outcomes:
- to master basic notions of economics (strategy).
- to explain and to analyse general economic behaviour, at the national and international economy level (strategy);
- to understand and to explain, in a critical perspective, the relations between the main economic variables (strategy and control).
- to think critically, to be curious and to apply scientific rigour (strategy and adaptability).

Prerequisite knowledge and skills

None.

Planned learning activities and teaching methods

Ex cathedra presentations.
During sessions of 2h, exercises are given in order to present the chapters of the course in a practical way.

Mode of delivery (face-to-face ; distance-learning)

Face-to-face.

Recommended or required readings

Acemoglu, D., Laibson, D., & List, J. (2016). Macroéconomie. Traduction française par Dupuis et al, Montreal, Pearson ERPI.

Assessment methods and criteria

Written exam in two parts counting each for 50% of the final grade.
The first part is a multiple-choice questionnaire (MCQ). A grade of at least 6/20 must be obtained for the second part to be corrected. 
The second part is an open-ended questionnaire and is corrected only if a grade of 6/20 is obtained in the first part. Otherwise, a grade of 0/20 is automatically granted to the second part. 

Work placement(s)

Organizational remarks

Second semester.

Contacts

Professor A.Jousten, Bât. B31,  Tél. : +32 4 366 31 98,  e-mail : ajousten@uliege.be
Assistant Giulia Klinges, Bât. B31 Tel. : +32 4 366 30 42 Email: gklinges@uliege.be

Adaptation of teaching commitments following the COVID-19 pandemic for the May-June 2020 session

Teaching methods implemented : distance-learning

As a result of the COVID-19 measures implemented by the university, learning activities up until 12/3 took place in class (chapter 9), with the remainder of class material being seen in self-learning with the help of the reference book, the course slides, as well as the solution of the exercices shared through the LOLA platform.

Assessment subjects

The subjects covered in the slides, chapters and exercices from chapter 5 to chapter 13 constitute the examination material. To reduce the workload, chapters 14 and 15 are rendered optional. This means that you are encouraged to cover this material but the content of these chapters is not exam material. 

Assessment methods

A multiple choice questionnaire will be implemented on ecampus.

Contacts

gklinges@uliege.be

Adaptation of teaching commitments following the COVID-19 pandemic for the Aug-Sept 2020 session

Assessment subjects

The subjects covered in the slides, chapters and exercices from chapter 5 to chapter 13 constitute the examination material. To reduce the workload, chapters 14 and 15 are rendered optional. This means that you are encouraged to cover this material but the content of these chapters is not exam material. 

Assessment methods

A multiple choice questionnaire will be implemented on ecampus.

Contacts

gklinges@uliege.be