 | Study programme 2019-2020 | Français | |
| Macroeconomic 2 | |||
Learning Activity |
| Code | Lecturer(s) | Associate Lecturer(s) | Subsitute Lecturer(s) et other(s) | Establishment |
|---|---|---|---|---|
| W-AEIN-002 |
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| Language of instruction | Language of assessment | HT(*) | HTPE(*) | HTPS(*) | HR(*) | HD(*) | Term |
|---|---|---|---|---|---|---|---|
| Français | Français | 25 | 0 | 0 | 0 | 0 | Q2 |
| Organisational online arrangements for the end of Q3 2019-2020 assessments (Covid-19) |
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| Description of the modifications to the Q3 2019-2020 online assessment procedures (Covid-19) |
| The student, according to the professor's instructions, provides a written production which he/she deposits on the MOODLE platform (through an assignment), in asynchronous version (work to be submitted for a specific date). The type of support to be uploaded will be a written document (word or pdf) made of 5 to 10 pages related to a specific subject related to one of the chapters of the course (list of subjects available on MOODLE). The student will be asked: - To expose the theoretical concepts related to the chosen subject - To issue an opinion on the situation. |
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), Macroéconomie, 7ème éd., Bruxelles: De Boeck Université.
Burda, M. et C. Wyplosz (2014), Macroéconomie, une perspective européenne, 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)