3 ECTS credits
89 h study time
Offer 2 with catalog number 3018717DEW for working students in the 1st semester at a (D) Master - preliminary level.
1. Principles of economics
MICROECONOMICS
2. The market: demand and supply
3. Elasticity
4. Application of demand and supply: allocative efficiency
5. Costs and revenues of the firm
6. Market structures
7. Market failures and government intervention
MACROECONOMICS
8. Measuring economic activity
9. Key macroeconomic indicators and policy
10. Banking, money, and interest rates
11. Aggregate demand and aggregate supply
INTERNATIONAL ECONOMICS
12. The international perspective
Additional documents (posted on the learning platform):
Links to press releases
Statistics (ECB-NBB, IMF, OECD, Eurostat)
The following workload is indicative:
HOC: 26 hrs (13 x 2hrs) for daytime students and 24hrs (8 x 3hrs) for working students
SELF: 67 hrs
regularly following up on materials, a rato of 2 hrs per week: 26 hrs
solving applications and exercises; additional research for further understanding and knowledge of the materials, selfstudy of certain subjects (communicated by the instructor), following up on the news in the field of economics; interpreting and analysing statistics, a rato of 1 hr per week: 13 hrs
preparing and studying for the exam (theory, applications, press releases): 28 hrs (3.5 days of 8 hrs)
Learning objectives
1. The bachelor/master has insight into the broad societal context of businesses and is able to take this into account in the analysis of economic and business-oriented problems.
2. The bachelor is able to identify the international dimension of the economy and business-related problems, and is able to handle these problems by formulating appropriate solutions.
3. The bachelor/master has developed skills to analyze and interpret economic data and statistics, and is able to apply economic theory to current economic issues through cases, applications and press release analyses.
4. The bachelor/master has developed skills in analyzing and understanding economic phenomena and issues from an ethical and critical viewpoint; and takes these ethical and critical considerations explicitly into account in the solutions proposed for business problems.
The final grade is composed based on the following categories:
Written Exam determines 100% of the final mark.
Within the Written Exam category, the following assignments need to be completed:
The closed-book exam is a written exam and will ask you to:
clarify on theoretical concepts from microeconomics, macroeconomics, and international economics;
draw, analyse, and interpret graphical representations;
clarify and interpret the news in combination with the theory;
fill in the blanks of a sentence by completing a word, a group of words, or a number;
answer 10 to 15 true-or-false statements or multiple choice questions.
Grade breakdown:
open-ended questions: 70% of total
true-or-false statements or multiple choice questions, with higher cut-off rate: 30% of total
This offer is part of the following study plans:
Bachelor of Physical Education and Movement Sciences: default (only offered in Dutch)
Bachelor of Physical Education and Movement Sciences: Abridged Traject after Training Professional Bachelor Education: Secundary Education with Option LO (only offered in Dutch)
Bachelor of Physical Education and Movement Sciences: Verkort traject na vooropleiding (Revalidatiewetenschappen en) Kinesitherapie (only offered in Dutch)
Bachelor of Physical Education and Movement Sciences: topsport (only offered in Dutch)
Bachelor of Engineering: Mechanical and Electrotechnical Engineering (only offered in Dutch)
Bachelor of Engineering: Civil Engineering (only offered in Dutch)
Bachelor of Engineering: Chemistry and Materials (only offered in Dutch)
Bachelor of Engineering: Electronics and Information Technology (only offered in Dutch)
Bachelor of Engineering: Electronics and Information Technology Profile Profile Computer Science (only offered in Dutch)
Bachelor of Engineering: Startplan (only offered in Dutch)
Bachelor of Engineering: Biomedical Engineering (only offered in Dutch)
Bachelor of Architectural Engineering: Standaard traject (only offered in Dutch)
Bachelor of Biology: Default track (only offered in Dutch)
Bachelor of Chemistry: Default track (only offered in Dutch)
Bachelor of Geography: Default track (only offered in Dutch)
Bachelor of Bioengineering Sciences: Profile Cell and Gene Biotechnology (only offered in Dutch)
Bachelor of Bioengineering Sciences: Profile Chemistry and Bioprocess Technology (only offered in Dutch)
Bachelor of Bioengineering Sciences: Initial track (only offered in Dutch)
Bachelor of Computer Science: Default track (only offered in Dutch)
Bachelor of Mathematics and Data Science: Standaard traject (only offered in Dutch)
Master of Psychology: Afstudeerrichting arbeids- en organisatiepsychologie (only offered in Dutch)
Master of Adult Education: Profile Cultural Studies (only offered in Dutch)
Master of Adult Education: Profile Social Studies (only offered in Dutch)
Master of Criminology: Standaard traject (only offered in Dutch)
Master of Biomedical Sciences: Management and Business (only offered in Dutch)
Master of Geography: Standaard traject (only offered in Dutch)
Master of Teaching in Physical Education: standaard traject (120 ECTS, Etterbeek) (only offered in Dutch)
Preparatory Programme Master of Science in Management: Academische Master (only offered in Dutch)
Preparatory Programme Master of Science in Management: Academische Bachelor (only offered in Dutch)