MECO 100 - Macro Economy (Macro-Economie)

Term: Summer A:  June 6th – July 2nd 2016 / Summer B: July 4th – July 30th 2016
(Application before may 20th 2016) Professor: According to the latest Update
Total Contact Hours: 50 hours 

Course Description

The aim of this course is to equip worldwide students with a critical understanding of the major issues facing economy. The course provides a blend of descriptive information, theory and empirical analysis. The emphasis is on economic issues but these issues are studied in their political, institutional, and historical context. This course is an introduction to Macro Economy and provides to the student basics skills in Macro-economy.

Grading / ECTS - Credit transfer

  • Participation : 20 %
  • Midterm : 40 %
  • Final Exam : 40%
  • Total : 100 %

Macro Economy - ECTS

Exams

One midterm exam and one final are schedule for the semester. The final exam is cumulative. Exams could be a combination of multiple-choices, true-false, matching, ordering, fill-in-the-blank, and short answer.

Course Schedule

The course has 25 class sessions in total. All sessions are 2 hours in length.

  • Class 1 • Class 2: Definition of Marke - Diversity of markets, functioning conditions, limits.
  • Class 3 • Class 4:  Competitive markets rules - Different models, Supply & Demand, market equilibrium.
  • Class 5 • Class 6: Specific case of imperfect competitive markets.
  • Class 7 • to • Class 10:  Currency and financing - The use of currency, financing of economic activities, who’s creating currency?

Mid Term Exam

  • Class 11 to • Class 17 : Regulation & Macro-economic imbalance : Public interventions in contemporaries’ economy regulation. How public budget can interfere in economy? 
  • Class 17 to • Class 21 : Economic growth, Crisis : Sources of economic growth. Analysis of Instability of growth.
  • Class 20 to • Class 25 : Globalization, International finance : Steps of International trade, the main aspects of international exchanges & specialization, advantages & disadvantages of international trade.