Economy

bmhcg1251  2023-2024  Bruxelles Saint-Louis

Economy
5.00 credits
45.0 h + 15.0 h
Q2
Teacher(s)
Grandjean Gilles;
Language
French
Learning outcomes

At the end of this learning unit, the student is able to :

This course aims to provide students with a general knowledge and a basic understanding of the fundamental economic issues and mechanisms. At the end of this course, the student will be able to explain why the inhabitants of certain countries benefit from better living conditions than others; to understand how a market economy works, to understand its advantages and disadvantages, and to identify the role that the state can play in it; and develop an argument based on empirical and theoretical elements to evaluate public policies (implemented or likely to be). The course focuses on an intuitive understanding of theory through applications to major societal challenges and an analysis of current debates. Students will learn to put into perspective the notions developed during the exercise sessions and with the help of additional reading.
 
Content
Part I. Introduction

Part II. Macroeconomic indicators
Chapter 1. GDP
Chapter 2. Inflation
Chapter 3. Unemployment

Part III. The market economy
Chapter 4. The market economy
Chapter 5. Financial markets

Part IV. Market failures and public policies
Chapter 6. Externalities
Chapter 7. Public goods and natural resources

Part V. Public spending, taxes and redistribution
Chapter 8. Public spending
Chapter 9. Public revenue
Chapter 10. Inequalities and poverty
Teaching methods
Lectures - readings - tutorials
Evaluation methods
Written exam
Bibliography
G. Mankiw et M Taylor Principe de l’Economie, 2ème édition européenne
Faculty or entity
TIMB


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Learning outcomes
Bachelor in Translation and Interpreting