Key words
Economy 2
Objectives
This course mainly consits of an introduction to macroeconomics while Introductory Economics I is an introduction to microeconomics. One underlying model is used in different stepsdifferent assumptions are being
related. Next to a genera l introduction in macroeconomics, the course also tackles some specific topics : (un) employment and government accounts. Ultimately, the goal is to offer a framework that can be used to get a better understanding of economic reality.
Prerequisites
None
Topics
1. Keynesian macroeconomics (the short run) : goods-markets and financial markets, IS-LM and aggregate demand.
2. The labour market and aggregate supply.
3. General equilibrum
4. Some specific topics (un)employment and government accounts
Teaching Methods
lectures
- exercises
Materials used
teacher's text
- background information
Study guidance
Assessment
closed book written examination
- open book written examination
Course
Study costs
Lecturer(s)
Luc VAN OOTEGEM
Language
Dutch
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