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Economic and monetary policy [ECAP2221]
[30h] 5 credits

Version française

Printable version

Teacher(s):

Henri Sneessens

Language:

French

Level:

Second cycle

>> Aims
>> Main themes
>> Content and teaching methods
>> Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)
>> Programmes in which this activity is taught
>> Other credits in programs

Aims

Ability to use methods and tools of economic analysis, to evaluate pros and cons of (macro) policies

Main themes

Study of economic issues in open economies like those of the EU, with special focus on employment, growth, inflation. The starting point will always be observed features of EU economies (as documented for instance in EU or OECD reports). The impact of policies on the environment of firms and on their behavior is highlighted.

Content and teaching methods

Content
- Introduction : reminder of key characteristics of EU economies ; quick refresher of basic macroeconomics ; cyclical versus equilibrium unemployment
- Taxes and distorions
- Social optimum versus Pareto optimum
- Market power, employment and income distribution
- Equilibrium unemployment, Phillips curve and monetary policy
-Low-skilled unemployment
- Unemployment and job creations/destructions

Methods
- lectures
- personal work on specific item

Other information (prerequisite, evaluation (assessment methods), course materials recommended readings, ...)

Prerequisite : introductory micro and macroeconomics
Evaluation : written exam, personal work and oral presentation
Support : slides

Programmes in which this activity is taught

POLS2M1/AP

Master en sciences politiques, orientation générale (option affaires publiques)

Other credits in programs

ECAP22

Deuxième licence en sciences de gestion

(3.5 credits)

INGE23/PM

Troisième Ingénieur de gestion (Création d'entreprise)

Mandatory

POL21/AP

Première licence en sciences politiques (Affaires publiques)

(4.5 credits)

POL22/AP

Deuxième licence en sciences politiques (Affaires publiques)

(5 credits)

POLS2M1/AP

Master en sciences politiques, orientation générale (option affaires publiques)

(3.5 credits)



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Last update :02/08/2006