Economics (B-KUL-I9X36A)

4.0 ECTS Dutch 26.0 First termFirst term Introductory Cannot be taken as part of an examination contract
Swinnen Johan |  Vandeplas Anneleen (substitute)
POC Bachelor Bio-ingenieurswetenschappen

Students gain insight in the economic theory, both macro- and micro-economic and international trade. More specifically, they learn to see into the market processes and to analyse the policy decisions within a formal context that is used by economists.

No specific previous knowledge needed.

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Text book
Toledo / e-platform


This course unit is a prerequisite for taking the following course units:
G0P19A : Economic Localization and Regional Development

Activities

4.0 ects. General Economics (B-KUL-I0O63a)

4.0 ECTS Dutch 26.0 First termFirst term
Swinnen Johan |  Vandeplas Anneleen (substitute)
POC Bachelor Bio-ingenieurswetenschappen

Methodology of the economical sciences. Functioning of the markets and marketforms, supply and demand, consument behaviour, role of the government, companies and consuments, national income, inflation, devaluation, employment, economic growth and development, role of interest rate and monetary and fiscal policy, market failure, public goods, international trade and exchange, globalisation and poverty, need for agricultural policy, applications and examples from agriculture, food, forest, nature and bio production-industry.      

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Traditional lecture

The manual to be used will be announced on Toledo and in class.

Evaluation

Evaluation : Economics (B-KUL-I2X36a)

Mode of evaluation : Written
Category : final examination during examination period
Type of evaluation : Closed book

The evaluation of the course 'Economics' consists of a written exam, closed book, multiple choice. Correction for guessing is applied while grading the exam. When not answering the question, one does not lose points.