ECONOMICS
 
Taught in 1st year Master in Industrial Sciences in Construction Science
Theory [A] 24.0
Exercises [B] 0.0
Training and projects [C] 0.0
Studytime [D] 80.0
Studypoints [E] 3
Level introductory
Credit contract? Unrestricted access
Examination contract? Unrestricted access
Language of instruction Dutch
Lecturer Kathy Schaubroeck
Reference IBIWBO01A00105
 
Key words
economics

Objectives
To provide a perception of the main economic topics (micro-economic as well as macro-economics)

Topics
Introduction and General Definitions
Part 1 : Consumer behaviour and Demand
Part 2 : Production and Supply
Part 3 : Markets and Prices
Part 4 : Macro-Economics
Part 5 : Income Determination
Part 6 : Money , monetary policy and inflation
Part 7 : International Economy
Part 8 : Intenational payments
Part 9 : Economic Policy

Prerequisites
None

Final Objectives
The student must be able to understand and explain an economic reasoning, such as supply and demand on the market, determination of the Gross National Product ...

Materials used
::Click here for additional information::
Textbook : 'Economie Vandaag' I. De Cnuydt, S. De Velder - Editor Academia Press - last edition

Study costs
21 € for the textbook

Study guidance
Monitory: 1 hour a week
Students can always make an appointment with the teacher.

Teaching Methods
Lectures

Assessment
Written examination (semestrial) - partly multiple choice.
However, if a student gains a score of 7 or less on 20 on one of the different courses (parts of training items), he proves that his skill for certain subcompetencies is insufficient. Consequently, one can turn from the arithmetical calculation of the final assignment of quotas of a training item and the new marks can be awarded on consensus. Of course the examiners can judge that the arithmetic regulations mentioned in the study index card can also be used for 7 or less. For each deviation a detailed motivation ought to be drawn up. In that case one should point out that the skill for this subcompetency is proven to be insufficient, if the student didn’t pass the partim that is considered to be important for certain subcompetencies.

Lecturer(s)
Kathy Schaubroeck