Introduction to General Economics
|Course code module||FTEBAAE100|
|Study load (hours)||168|
|Instructor(s)||Bruno De Borger|
André Van Poeck
|Language of instruction:||Dutch|
|Semester exam information:||exam in the 1st semester|
|Contract restriction information:|
No knowledge in the field of economy. Limited use of mathematical concepts.
2. Objectives (expected learning outcomes)
To provide a basic insight into how the economy functions and the behaviour of manufacturers and consumers. To become acquainted with economic reasoning and methods. To learn the correct terminology. Arouse interest in current economic affairs. The seminars are application-oriented.
3. Course content
Following a description of the economic problem and the method of economic science, we deal with microeconomic subjects: the market forces; government intervention in the market; the study of consumer decisions; the description of production processes by means of production and cost functions; the behaviour of the manufacturer in alternative market forms. We also deal with the following macroeconomic subjects: macroeconomic variables; economic growth and macroeconomic balance; unemployment and inflation; monetary and budgetary politics. The last part is specifically dedicated to the international dimension of the economy: international trade, balance of payments, exchange rate, monetary union.
4. Teaching method
Direct contact: LecturesExercise sessionsTutorials
5. Assessment method
Exam: Closed bookMultiple choice
6. Compulsory reading – study material
De Borger, B. and A. Van Poeck, Algemene Economie, Uitgeverij De Boeck, 2004
7. Recommended reading - study material
laatste aanpassing: last update: 01/09/2008 14:07 bruno.deborger