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2026-2027 / ECON0109-1

Introduction to economic systems, Theory

Duration

30h Th

Number of credits

 Bachelor in information and communication5 crédits 
 Bachelor in translation and interpretation5 crédits 
 Master in multilingual communication, professional focus in economic and social communication (Réinscription uniquement, pas de nouvelle inscription)5 crédits 
 Master in multilingual communication, professional focus in corporate and non-profit communication5 crédits 

Lecturer

Henry-Jean Gathon

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

This course primarily analyzes and explains the behavior of the economic system as a whole (macroeconomics). Following a general introduction covering definitions and basic concepts (including those of a microeconomic nature), the course examines the key macroeconomic mechanisms in turn.

  • Introduction: definitions and basic concepts of microeconomics and macroeconomics.
  • Major economic systems and their functioning.
  • Key macroeconomic aggregates based on national accounts.
  • Factors determining the level of economic activity.
  • Unemployment and inflation.
  • Fiscal and monetary policy.

Learning outcomes of the learning unit

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
  • Explain and macroeconomic equilibria
  • Interpret the effects of various public policies at both national and international level
  • understand socio-economic news

Prerequisite knowledge and skills

Planned learning activities and teaching methods

Ex Cathedra

Mode of delivery (face to face, distance learning, hybrid learning)

Face-to-face course


Further information:

Face to face; no podcast.

Attending the lessons is highly recommended.

Second term.

Course materials and recommended or required readings

Platform(s) used for course materials:
- MyULiège


Further information:

PowerPoint presentations and texts available on MyULiège.

Exam(s) in session

May-June exam session

- In-person

written exam ( open-ended questions )

August-September exam session

- In-person

written exam ( multiple-choice questionnaire )


Further information:

Written on the material covered in the lectures

Work placement(s)

Organisational remarks and main changes to the course

Attendance at the lessons is strongly recommended.

Contacts

Prof.: Henry-Jean GATHON, phone: 04 366 2778, hj.gathon@uliege.be
Assistant: Pierre Copée, phone:04 366 3048, p.copee@uliege.be

Association of one or more MOOCs