Duration
Theory : 30h Th
Practice : 15h Pr
Number of credits
| Bachelor in geography : general | 5 crédits |
Lecturer
Theory : Henry-Jean Gathon
Practice : Henry-Jean Gathon
Language(s) of instruction
French language
Organisation and examination
Teaching in the first semester, review in January
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
The purpose of the ECON109-2 (B3 geographical science:30h + 15h) 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 university graduates. The course covers topics in the following areas. General introduction: definitions and basic concepts. Microeconomic approach: theory of demand, theory of production and costs, perfect competition, monopoly, monopoly and price discrimination, natural monoply, oligopoly and monopolistic competition. Macroeconomic approach: national accounting, consumption and investment, national income equilibrium, budgetary policy, international trade, unemployment and inflation.
Theory
STUDENTS OF Bac IN GEOGRAPHICAL SCIENCES ARE ASKED TO REFER TO THE COMPONENT ECON0109-B-a OU TO COURSE ECON0109-2.
The course starts with a general introduction on key economic concepts. Then the following macroeconomics 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.
Practice
The purpose of the ECON109-2 (B3 geographical science:30h + 15h) 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 university graduates. The course covers topics in the following areas. General introduction: definitions and basic concepts. Microeconomic approach: theory of demand, theory of production and costs, perfect competition, monopoly, monopoly and price discrimination, natural monoply, oligopoly and monopolistic competition. Macroeconomic approach: national accounting, consumption and investment, national income equilibrium, budgetary policy, international trade, unemployment and inflation.
Learning outcomes of the learning unit
The student must be able to:
- explain the main basic concepts of economics;
- explain and analyze basic economic behaviors and mechanisms, both at the level of individual economic agents (microeconomics) and that of the national economy and international (macroeconomics);
- understand the relationships between the main economic variables;
- understand socio-economic news.
Theory
At the end of the course, the student must be able to:
- Identify and define economic and macroeconomic concepts
- Explain and analyze key economic mechanisms
- Based on basic numerical exemples, calculate key macroeconomic data
- Explain and macroeconomic equilibria
- Interpret the effects of various public policies at both national and international level
- understand socio-economic news
Practice
The student must be able to:
- explain the main basic concepts of economics;
- explain and analyze basic economic behaviors and mechanisms, both at the level of individual economic agents (microeconomics) and that of the national economy and international (macroeconomics);
- understand the relationships between the main economic variables;
- understand socio-economic news.
Prerequisite knowledge and skills
Planned learning activities and teaching methods
Ex cathedra presentations
Theory
Ex Cathedra
Practice
Ex cathedra presentations.
Mode of delivery (face to face, distance learning, hybrid learning)
Face-to-face
First Term.
Theory
Face to face; First term.
Practice
Face-to-face.
First semester.
Organisational adjustments related to the current health context
The terms below are likely to be adapted if the measures taken by the ministerial or academic authorities were to be modified
"Hybrid session" scenario (preferred hypothesis)
PRESENTIAL written exam with open questions lasting 1h30 (excluding installation time and handing in copies)
"All remote session" scenario
Remote MCQ via the eCampus platform. This MCQ will consist of 20 questions without possibility of going back. Each question is accompanied by 5 possible answers. One and only one of the 5 answers given is the "right one". Sometimes one of the 5 answers given is "None of the other answers given". The notation will be as follows: for a correct answer: + 1 point; for a wrong answer: - 0.25 point; no response: 0 point. The exam will take 40 minutes.
Theory
The terms below are likely to be adapted if the measures taken by the ministerial or academic authorities were to be modified
"Hybrid session" scenario (preferred hypothesis)
PRESENTIAL written exam with open questions lasting 1h30 (excluding installation time and handing in copies)
"All remote session" scenario
Remote MCQ via the eCampus platform. This MCQ will consist of 20 questions without possibility of going back. Each question is accompanied by 5 possible answers. One and only one of the 5 answers given is the "right one". Sometimes one of the 5 answers given is "None of the other answers given". The notation will be as follows: for a correct answer: + 1 point; for a wrong answer: - 0.25 point; no response: 0 point. The exam will take 40 minutes.
Practice
The terms below are likely to be adapted if the measures taken by the ministerial or academic authorities were to be modified
"Hybrid session" scenario (preferred hypothesis)
PRESENTIAL written exam with open questions lasting 1h30 (excluding installation time and handing in copies)
"All remote session" scenario
Remote MCQ via the eCampus platform. This MCQ will consist of 20 questions without possibility of going back. Each question is accompanied by 5 possible answers. One and only one of the 5 answers given is the "right one". Sometimes one of the 5 answers given is "None of the other answers given". The notation will be as follows: for a correct answer: + 1 point; for a wrong answer: - 0.25 point; no response: 0 point. The exam will take 40 minutes.
Recommended or required readings
JURION B., Economie politique,4ème édition, De Boeck Université, 2013. + PowerPoint presentations et various documents available on MyULiège
Theory
PowerPoint presentation and texts available on MyULiège.
Practice
JURION B., Economie politique, 4th edition, De Boeck Université, 2013. + PPT presentations and various documents available on MyULiège
Assessment methods and criteria
Below you will find information on the evaluation methods planned for in-person and remote exams as well as those planned for hybrid sessions. Depending on how the health crisis evolves, the chosen method will be communicated to you no later than one month before the start of the exam session.
Written exam in 1st and 2nd session.
Theory
Any session :
- In-person
written exam ( open-ended questions )
- Remote
written exam ( multiple-choice questionnaire )
- If evaluation in "hybrid"
preferred in-person
Additional information:
Written exam
Practice
Any session :
- In-person
written exam ( open-ended questions )
- Remote
written exam ( multiple-choice questionnaire )
- If evaluation in "hybrid"
preferred in-person
Additional information:
Written exam in 1st and 2nd session.
Work placement(s)
Organizational remarks
Attendance at lessons is strongly recommended
Theory
Attendance at the lessons is strongly recommended.
Practice
Attendance at lessons is strongly recommended
Contacts
Prof.: Henry-Jean GATHON, tél.: 04 366 2778, hj.gathon@uliege.be
Assistant: Pierre Copée, tél :04 366 3048, p.copee@uliege.be
Theory
Prof.: Henry-Jean GATHON, phone: 04 366 2778, hj.gathon@uliege.be
Assistant: Pierre Copée, phone:04 366 3048, p.copee@uliege.be
Practice
Prof.: Henry-Jean GATHON, phone: 04 366 2778, hj.gathon@uliege.be
Assistant: Pierre Copée, phone: 04 366 3048, p.copee@uliege.be