Content of Learning Activity

PART 1 - Deepening the economy in the long term Ch1: Economic growth 1.1: The Solow's model and capital accumulation 1.2: Population growth 1.3: The Solow's model and technological progress 1.4: Differences in inter-country living standards and economic policies 1.5: Endogenous growth. PART 2 - Deepening the economy in the short term Ch2: Aggregated demand in open economy 2.1: The Mundell-Fleming's model 2.2: Fixed exchange rates 2.3: Floating exchange rates 2.4: Fixed or floating in small open economy? PART 3 - Deepening the Macroeconomic Theory Ch3: Development of the simple model of aggregated supply and demand 3.1: Aggregate supply and demand summaries 3.2: Uses of the simple dynamic model 3.3: Two monetary policy applications Ch4: Consumer behavior 4.1: The Keynesian consumption function 4.2: The Fisher's model of intertemporal choices 4.3: The life cycle hypothesis of Modigliani 4.4: The Friedman's permanent income assumption 4.5: The Hall's random walkhypothesis 4.6: The Laibson's immediate gratification model. Ch5: The investment function 5.1: Firms 5.2: Residential 5.3: Stock PART 4 ​​- Economic Policy Insights Ch6: The reactions of public policies to economic fluctuations 6.1: Monetary and budgetary policies: active or passive? 6.2: Monetary and budgetary policies: regulation or discretion?  

Required Learning Resources/Tools

Mankiw, G. N. (2016), <em>Macroéconomie</em>, 7ème éd., Bruxelles: De Boeck Université.
Burda, M. et C. Wyplosz (2014),<em> Macroéconomie, une perspective européenne</em>, 6ème éd., Bruxelles: De Boeck Université.  Applied cases from papers of the IMF and the European Commission.

Recommended Learning Resources/Tools

Not applicable

Other Recommended Reading

Not applicable

Mode of delivery

• Face to face

Type of Teaching Activity/Activities

• Cours magistraux

Evaluations

The assessment methods of the Learning Activity (AA) are specified in the course description of the corresponding Educational Component (UE)