6 ECTS credits
180 u studietijd

Aanbieding 1 met studiegidsnummer 1021455AER voor alle studenten in het 2e semester met een inleidend bachelor niveau.

Semester
2e semester
Inschrijving onder examencontract
Mogelijk
Beoordelingsvoet
Beoordeling (0 tot 20)
2e zittijd mogelijk
Ja
Onderwijstaal
Engels
Faculteit
Faculteit Sociale Wetensch & SolvayBusinessSchool
Verantwoordelijke vakgroep
Toegepaste economie
Onderwijsteam
Luc Hens (titularis)
Selin Tunç
Onderdelen en contacturen
0 contacturen Exam
26 contacturen Lecture
26 contacturen Practical exercises
128 contacturen Self study
Inhoud

Introduction to Macroeconomics explains:

  • the circular flow
  • the determination of a country's output and income
  • economic growth
  • employment and unemployment
  • the interest rate
  • the inflation rate

Introduction to Macroeconomics discusses:

  • monetary and fiscal policy
  • the macroeconomics of open economies

Introduction to Macroeconomics introduces:

  • the fundamental models of macroeconomics and illustrates the principles using real-world cases

Comparative and European perspective throughout.

Studiemateriaal
Handboek (Vereist) : Economics, Mankiw, N. G. and Taylor, M. P., 5de, Andover: Cengage Learning, 9781473768543, 2020
Digitaal cursusmateriaal (Vereist) : Course syllabus, Hens, L., 2021
Bijkomende info
The textbook is available in the Standaard Student Shop.
 
I expect students to read the economic news. The Financial Times en The Economist are available in the library. During the semester I post references to newsppaer articles on the learning platform. During tutorials teaching assistents can hand out additional materials.
Leerresultaten

General Competences

The student develops the first four competences described in Hansen, W. (2001). Expected proficiencies for undergraduate economics majors. Journal of Economic Education, 32(3): 231–242.

The student can:

  • track down economic data and data sources (on-line and in print) and can find information about the generation, construction, and meaning of macroeconomic data
  • explain key economic concepts and describe how these concepts can be used
  • summarize in a two-minute monologue or in a 500-word written statement what is known about the current condition of the economy and its outlook
  • summarize the principal ideas of an eminent economist
  • elaborate a recent controversy in the economics literature
  • state the dimensions of a current economic policy issue
  • explain and evaluate what economic concepts and principles are used in economic analyses published in daily newspapers and weekly news magazines (or nontechnical analyses written by economists for general purpose publications)
  • describe how these concepts aid in understanding these analyses
  • interpret and manipulate economic data: explain how to understand and interpret numerical data found in published tables such as those in the Annual Report of the National Bank of Belgium
  • covert nominal variables to  real variables; compute growth rates and percentage growth rates; n; convert variables to another exchange rate
  • construct tables from already available data to illustrate an economic issue
  • describe the relationship among three different variables (e.g., unemployment, prices, and GDP). 

Beoordelingsinformatie

De beoordeling bestaat uit volgende opdrachtcategorieën:
Examen Schriftelijk bepaalt 90% van het eindcijfer

Examen Praktijk bepaalt 10% van het eindcijfer

Binnen de categorie Examen Schriftelijk dient men volgende opdrachten af te werken:

  • Written Exam met een wegingsfactor 90 en aldus 90% van het totale eindcijfer.

Binnen de categorie Examen Praktijk dient men volgende opdrachten af te werken:

  • Paper (in group) met een wegingsfactor 10 en aldus 10% van het totale eindcijfer.

Aanvullende info mbt evaluatie

A Practical Exam (group paper) and a Written Exam.

The assignment for the group paper is posted on the learning platform. Evaluation is based on contribution to teamwork, the ability to link the economic issues to the course content, writing skills (spelling, grammar, and style), and the ability to respect deadlines. Students who, for a valid and documented reason, cannot participate in the group paper and who report this in writing to the teacher at least two weeks before the due date of the paper, can request an individual assignment.

The exam component "Practical Exam" (group paper) cannot be re-taken in the second exam session. The result for this part of the exam is transferred to the second exam session.  Students who are absent for the exam component "Practical Exam (group paper) will get a score of 0 for this component.

Toegestane onvoldoende
Kijk in het aanvullend OER van je faculteit na of een toegestane onvoldoende mogelijk is voor dit opleidingsonderdeel.

Academische context

Deze aanbieding maakt deel uit van de volgende studieplannen:
Bachelor of Business Economics: Startplan Business Economics (enkel aangeboden in het Engels)
Bachelor of Business Economics: Business and Technology (enkel aangeboden in het Engels)
Bachelor of Business Economics: International Business (enkel aangeboden in het Engels)
Voorbereidingsprogramma Master of Science in International Business: Standaard traject (enkel aangeboden in het Engels)
Voorbereidingsprogramma Master of Science in Business Engineering: Business and Technology: Standaard traject (enkel aangeboden in het Engels)