Introduction aux faits et mécanismes économiques [ECGEB170]
- 5 credits
- 45h+15h
- 1st quarter
Language of instruction: French / FrançaisTeacher: De Crombrugghe de Picquendaele Alain
Learning outcomes
This is an introductory course. It has 3 main objectives : - Understanding and explaining economic facts and events as a consequence of rational decisions of economic agents facing constraints and incentives, - Building an argument on the basis of tools and concepts presented in class, - Becoming aware of the field of economics and of the social and material issues it deals with.
Content
* Introduction to individual choices * Microeconomics : exchange and production under perfect competition * Microeconomics : market imperfections : monopoly, externalities, asymmetric information * Microeconomics : factor markets, income determination and financial markets * Macroeconomics : Macroeconomic aggregates, growth, production and aggregate supply * Macroeconomics : money, inflation, exchange rate, aggregate demand, equilibrium. * Collective and individual choices : how markets, firms, groups and governments interact.
Teaching methods
Class presentations (18x2h) + 6 tutorials of 2h in smaller groups to work on exercises. Available material - Teacher's book, - Downloadable slideshows and solutions to past exam questions.
Evaluations
Written examen based on exercises and problems discussed in class and in tutorials.
Recommended readings
de Crombrugghe, Alain (2016) "Introduction aux principes de l'économie :Choix et Decisions Economiques" Bruxelles: De Boeck, 684 pp. Mankiw N.G. "Principes de l'Economie" Paris, Economica or https://www.core-econ.org/project/core-the-economy/
Language of instruction
French / FrançaisLocation for course
NAMUROrganizer
Faculté des sciences économiques, sociales et de gestionRue de Bruxelles, 61
5000 NAMUR
