Objectives of Programme's Learning Outcomes

• Implement an academic view on knowledge, particularly through the mastery of methods and literature research tools.
• Develop and structure reasoning by basing it on suitable scientific arguments
• Actively master the fundamental concepts and models of economic sciences and management sciences
• Identify and explain the concepts, principles and models of fundamental theoretical trends in economic sciences and management sciences and their applications.
• Understand how organisations and markets work
• Understand the methods and tools adapted to the field of economics and management
• Acquire basic methodological tools necessary for scientific inquiry in the field of economics and management.
• Conduct relevant research from scientific literature and select appropriate elements with respect to a particular research topic.
• Describe the principles of methodological approaches (objectives, methods, techniques and tools) to understand and explain the functioning of organisations and markets.
• Give a critique and argue a point of view as part of a scientific approach
• Critically compare knowledge acquired to real situations.
• Identify and explain the concepts, principles and models of fundamental theoretical trends in economic sciences and management sciences and their applications.
• Develop and structure reasoning by basing it on suitable scientific arguments
• Demonstrate working and analytical rigour.
• Be rigorous and independent in learning, particularly through adequate planning of activities to be undertaken in order to best utilise the time available.
• Develop their scientific curiosity and open-mindedness
• Demonstrate self-awareness, assess themself, and adapt.

Learning Outcomes of UE

This TU focuses on short to long term open and closed economy macroeconomics. It aims at enabling the students to :
- Understand and use national accounts (determination of GDP, unemployment and inflation);
- Master the behavioural underpinnings of macroeconomic equilibria (consumption, investment, money demand and supply, ...);
- Understand fix-price equilibria (IS/TR; Mundell-Fleming under fixed exchange rates) and flex-price equilibria (Phillips curve, aggregated demand and supply);
- Apply the above concepts to current economic policy issues (especially budgetary and monetary policy).
 

UE Content: description and pedagogical relevance

The learning activities of the TU are completely complementary and differ only in the way they are taught.

Prior Experience

Political Economy Teaching Unit  2

Type(s) and mode(s) of Q1 UE assessment

• Written examination - Face-to-face

Q1 UE Assessment Comments

Multiple choice questions and/or open questions together with practical exercices.

Type(s) and mode(s) of Q1 UE resit assessment (BAB1)

• N/A - Néant

Q1 UE Resit Assessment Comments (BAB1)

Not applicable.

Type(s) and mode(s) of Q3 UE assessment

• Written examination - Face-to-face

Q3 UE Assessment Comments

See Q1.