Teacher(s)

Gilson Nathalie;

Language

French

Content

The objective of this course is to introduce fundamental economic principles.
This course is divided in two parts: microeconomics and macroeconomics.
Microeconomics studies the indivudual choices of economic agents (consumer, firm, government), market mechanisms, state's interventions (externalities, public goods, common ressources, natural monopolies, taxes, subsidies, efficiency losses)
Macroeconomics studies the economy as a whole and the relations among economic variables (growth, inflation, public debt, interest rates, balance of payments, exchange rates, labor market, money market, goods and services market).

Teaching methods

Key lectures (45h)
Small group exercices (30h)

Evaluation methods

-Final written exam
-A test is organized during the "SMART" week. Students who pass this test will receive an exemption for a part of the final written exam
-Compulsory homeworks can be associated to small group sessions and integrated in the final grade

Online resources

https://www.student-corner.be/course/view.php?id=5445

Bibliography

• Gregory N. Mankiw et Mark P. Taylor, "Principes d'économie", de boeck, 4ème edition, 2015.
• Diapositives et documents sur student corner

Gregory N. Mankiw et Mark P. Taylor, "Principes d'économie", de boeck, 4ème edition, 2015.

Teaching materials

• Gregory N. Mankiw et Mark P. Taylor, "Principes d'économie", de boeck, 4ème edition, 2015.
• Diapositives et documents sur student corner

Faculty or entity

CLSM