Economic Analysis 3

Code Cours
2324-FGES-ECON-FR-2002
Language of instruction
French, English
This course occurs in the following program(s)
Training officer(s)
Constantin Napoleon
Period

Présentation

Prerequisite
The course of economic analysis I or at least an introduction to the basics of microeconomics (supply, demand, productivity, monopoly).
Goal
The course objective is to provide an overall vision and coherent changing macroeconomic environment acted upon by individuals, firms and governments. Four major themes are addressed:
1) Long-term inflation
2) Determinants of long-term economic growth
3) Structural unemployment
4) Fluctuations in economic activity in the short term and cyclical regulatory policies.
Almost the entire course is given at the beginning of the semester in the form of a manual to be completed with notes taken during class.
Presentation
- Chapter I: Inflation
- Chapter II: Economic growth
- Chapter III: Structural unemployment
- Chapter IV: Introduction to fluctuations in economic activity
- Chapter IV: Economic cycles, demand shocks and cyclical economic policy (the IS-LM-FE)
- Chapter V: Business cycles and economic policy through the AD-AS model with fixed prices in the short term
- Chapter VI: The Microeconomic Foundations of sticky prices and short term wages
- Chapter VII: Inflation and unemployment: Phillips

Modalités

Forms of instruction

18h CM sont prévues (9hx2). 12h TD sont prévues (6hx2).

Chacune des séances de TD donne lieu à un corrigé collectif des questions. Les étudiants seront évalués sur un devoir surveillé (50% de la moyenne) et un examen final (50% de la moyenne).


Cours magistral: 18h
TD: 12h
Travail personnel: 65h
Charge de travail globale de l'étudiant: 66h

Evaluation

Ressources

Bibliography

O. BLANCHARD et D. COHEN, <i>Macroéconomie</i>, Pearson|| J. STIGLITZ, <i>Principes d’économie moderne</i> chez de Boeck|| M. BURDA et Ch. WYPLOSZ, de Boeck, <i>Macroéconomie</i>, Bruxelles|| P. KRUGMAN, Macroéconomie, Ed. De Boeck||||