05220046 - Macroeconomics

Niveau de diplôme
Crédits ECTS 4
Volume horaire total 39
Volume horaire CM 24
Volume horaire TD 15

Responsables

Objectifs

This lecture deals with main topics of macroecomics.  It discusses the questions that macroeconomists address, and the economist’s approach of building models to explain the world. In the first step we examine the long run, over which prices are flexible, and present the classical model of national income. The second step introduces the monetary system and some tools of monetary policy. In the third step, we propose the classical analysis of the economic dynamic with the tools of growth theory. Then, we examine the short run when price are flexible and present the IS-LM model. The last part is dedicated to issues related to the financial system.

TARGETED KNOWLEDGE AND SKILLS

Knowledge:
  • the current (and past) macroeconomic issues
  • the main macroeconomic indicators
  • the main theoretical approaches

Skills:
  • to be able to analyze and comment macroeconomic statistics
  • to understand and run simple macroeconomic models and representations
  • to be able to analyze a macroeconomic case study

Contenu

COURSE OUTLINE

Introduction : The science of macroeconomics
Chapter 1 : The data of macroeconomics
Chapter 2 : National Income and the classical model
Chapter 3 : The monetary system and inflation
Chapter 4 : Economic growth and technology
Chapter 5 : Economic fluctuction and the IS-LM model
Chapter 6 : The financial system opportunities and dangers

Bibliographie

PRESCRIBED TEXTS AND PUBLICATIONS :
 
  • Macroeconomics, P. Krugman, R. Wells, 2015
  • Macroeconomics , C. Mcconnel, S. Brue, S. Flynn, 2014

Contrôles des connaissances

Lecture course
Assessment type : Written
Length : 1 h 30
Nature of the assessment : Questions and case study

Tutorial course
Written test
Nature of assessment: A work to return.
Lenght : 30 minutes (Tutorial course)
Weight : 50 %  (lecture course) 50% (Tutorial course)

Informations complémentaires

TEACHING METHODS
Content-focused method
Interactive/ participative method
Learning through research

NATURE OF MATERIALS
Academic articles
Official economic reports
Official statistics

PRE-REQUISITES IN TERMS OF KNOWLEDGE AND SKILLS
SES Option in High School

Formations dont fait partie ce cours