Macroéconomie [ MECHC1307 ]

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Description of the main objectives and instruments of macroeconomic measures:

• Objectives: to tackle unemployment, inflation, economic downturns and prolonged deficits.
• Measurement instruments: use of common macroeconomic statistics.

Analysis of various markets:

• the employment market (performance, unique characteristics);
• the monetary and financial markets (performance, unique characteristics), monetary policy and exchange rate fluctuations and interest rates;
• the employment market (performance, unique characteristics);
• illustrations of the links between these markets using concrete examples and recent economic policies.

On completion of this course, students will be able to understand the macroeconomic environment in which businesses operate and easily decode economic news.

Written examination

• Lectures
• Exercises

• BLANCHARD O., COHEN D. (2007), Macroéconomie, 4th ed., Pearson Education, adaptation of BLANCHARD, O. (2002), Macroeconomics, 3rd ed. Prentice-Hall.
• BURDA M., WYPLOSZ C. (2006), Macroéconomie, Une Perspective Européenne, 4th ed., De Boeck, translation by BURDA M., WYPLOSZ C. (2005), Macroeconomics, 4th ed., Oxford University Press.
• STIGLITZ J., WALSH C. and LAFFAY J.-D. (2007), Principes de l'économie moderne, 3rd ed., De Boeck, adaptation by STIGLITZ J., WALSH C. (2006), Economics, 4th ed., Norton.