• You wishlist is empty.

    You can save the diplomas or courses of your choice.

  • Log in

Macroeconomics and economic policy

  • ECTS credits

    1 credits

  • Semester

    Fall

Prerequisites

Learning objectives

This course provides an overview of macroeconomics by explaining the concepts of the discipline in a simple and rigorous manner: What does GDP measure? Why do we seek growth? What are the effects of inflation? How does unemployment arise? What is an exchange rate? What are financial markets for? We will approach this with the help of the main macroeconomic models, in both closed and open economies. Particular attention will be paid to the analysis of economic policies and their impact on the various key economic variables.

Read more

Description of the programme

In this course we will focus on short and medium term macroeconomics. Particular attention will be paid to the analysis of economic policies and their impacts on the different key economic variables. This analysis will be conducted throughout the course using modeling. The (provisional) plan is as follows:
Chapter 1: The main economic indicators
Chapter 2: The classical model
Chapter 3: Money and inflation
Chapter 4: Unemployment
Chapter 5: Short-term macroeconomics
Chapter 6: Medium-term macroeconomics: taking prices into account
Chapter 7: Macroeconomics in an Open World
Students wishing to study long-term macroeconomic analysis may choose to take the Economics UE of the DMC course.

Read more

Generic central skills and knowledge targeted in the discipline

Understanding of the complexity of economic systems in which economic agents are involved

Understanding implications of economic policy choices made by public authorities.

Read more

How knowledge is tested

100% examination 

Read more

Bibliography

Macroéconomie, Gregory N. Mankiw, De Boeck.
Macroéconomie, Olivier Blanchard et Daniel Cohen, Pearson.

Read more

Teaching team

Nicolas Clootens

Read more

Sustainable Development Goal

  • Eradicating poverty

  • Descent work and economic growth

  • Reduced inequalities

  • Total hours of teaching24h
  • Master class16h
  • Directed work8h