Content

Introduction

supply and demand, Elasticity, Consumer theory

government policies

Markets and welfare

Externalities and market failure, public goods, common resources and merit goods

Firms in competitive markets

Firms in other market structures (Monopoly, Monopolistic Competition, Oligopolies)

Price discrimination

Game Theory

Producer Theory

Course material

The book that we recommend for this course (so no obligated studymaterial):

Book:  Ooghe, E. and Verbeke, T. (2024). Economics, an introduction. Acco Uitgeverij.

ISBN:

Language of instruction: more information

The recommended book and available literature and course material are in English.

Format: more information

During classes, theory is explained and its implications for real world problems are discussed. At the end of each chapter, review questions and exercises are solved in class, with students' participation.

Individual help and feedback from the lecturer is available at all times. Students can also make appointments at other times.

A trial exam takes place  during the semester. Students may take this chance in order to test their knowledge. The grades of the trial exam do not matter for the course evaluation.

Explanation

Evaluation caracteristics

The exam exists of multiple choice questions.

Determination final result

The grades are determined by the lecturer as communicated via Toledo and stated in the examination schedule. The result is calculated and communicated as a number on a scale of 20.

For the multiple choice questions on the exam a correction for incorrect answers is applied. We use a higher cesure of 60%. In class and in the slides the application of the higher cesure is explained in detail.

Information about retaking exams

The format of the exam and determination of the results is exactly the same in the second exam period.

Content

The course starts with a review of some of the basic macro-economic concepts such as GDP, growth, unemployment and labor markets and inflation (Module 1, chapter 1 and 2).

In the second module, the course develops a closed economy short run model for the goods and financial market. Chapter 3 determines demand and equilibrium in the goods market. Chapter 4 reviews equilibrium in financial markets. The IS LM Model is then introduced in chapter 5. The final chapter of module 2 extends the model and introduces the difference between real and nominal interest rates and the risk premium. 

In the third module, the focus shifts to the medium run. Starting from equilibrium in labor markets (chapter 7), the course introduces the Phillips curve in chapter 8. These chapters allow to determine the natural rate of unemployment and potential ouput. In chapter 9 the course builds the medium run IS LM PC model. 

In module four, the course introduces long term growth. After a look at the facts (chapter 10), the Solow model is used to determine the steady state level of output. In chapter 11, the course analyzes capital accumulation. Technology and technological progress is the focus of chapter 12.  The final chapter of module four looks at the challenges of growth. 

The fifth module focuses on the role of expectations in financial markets and introduces the expected discounted present value model. Using this model, the course determines the price of bonds, analyses the yield curve (sport curve) and expected interest rate (forward rates) and the valuation of stocks (chapter 14). In chapter 15 the course reviews the goods market and includes expectations in the model for consumption and investment. This allows to introduce the Permanent Income Hypothesis, the Tobin's Q. The final chapter of this module (chapter 16) discusses the policy implications for both monetary and fiscal policy. Here the course also looks at the dynamics of government debt. 

The final section develops an open economy model. The course first introduces the exchange rate (bilateral, effective, nominal and real) and the relation among exchange rates and interest rates in the domestic and foreign economy. Equilibrum in the goods market is determined in chapter 18. Equilibrium in both the goods and financial markets is covered in chapter 19 (Mundell-Fleming model). The final chapter of the module discusses the choice of exchanger rate systems. 

Course material

Compulsory: 

Oliver Blancard. Macroeconomics. Global edition. Eighth Edition. Pearson Education Limited 2021. 

ISBN 10: 1-292-35147-0

ISBN 13: 978-1-292-35147-6

Additional reading material will be made available on Toledo

Format: more information

Traditional lecture

In addition to lectures, the Toledo page for the course allows students to check their progress. After each module, there is a small multiple choice test. This test is not graded and not part of the final exam or mark. The test must be completed to access the material for the next module.

Is also included in other courses

HES02A : Macro and Environmental Economics

Explanation

There are 48 multiple choice questions. Each question has 4 options. Grading is as follows: good answer: 1, wrong/no answer: 0. Students start at -8.

The features of the evaluation and determination of grades of the second examination opportunity are identical to those of the first examination opportunity, as described above.

Content

• Introduction operational management 
• Inventory management
• Material requirements planning
• Detailed production planning at finite capacity 
• Cycle time as performance measure and key concept in planning 
• Lean operations

Course material

All study material will be available on Toledo.

Language of instruction: more information

The course is taught in English.

Format: more information

Blended learning

Video lectures: Each week, the theoretical knowledge will be dealt with in detail by means of a video lecture. Students are expected to master the theoretical knowledge of each video lecture before each weekly on campus lecture.
On campus lectures with Q&A, exercises and sample exam questions: During the weekly on campus lectures, students will have the possiblilty to ask questions about the theoretical knowledge of the related video lectures. During these lectures, students will also solve exercises and sample exam questions related to each of the video lectures.  

Explanation

First exam period:
Students will be evaluated on the basis of a written exam. The exam is closed book and is meant to take 2 hours. The exam mainly consists of exercises and partly of questions related to knowledge and insight. The standard formulas, which are known beforehand, will be available at the written exam; also a pocket calculator will be available at the written exam. The evaluation of this written exam is done by the lecturer.

Information about retaking exams

The evaluation methods during the first and second period are identical.

Content

Entrepreneurial aspects: including but not limited to:

• trends analysis and business idea generation
• business model development, testing
• entrepreneurial competencies
• business planning
• financial entrepreneurship (financial planning)
• risk management for operational efficiency
• resource allocation

Legal aspects

Aspects of social law:

Course material

1. Entrepreneurship. Successfully Launching New Ventures. Barringer, B. & Ireland, D. 6th Global Edition. Pearson Education, 2018. 

https://webapps.odisee.be/Ancor/SSM/Pages/BekijkSSM.aspx?OID=17807

2. Course text with additional content

Will be made available through the university's copy service

Is also included in other courses

HES05A : International Business, Entrepreneurship and EU Monetary Integration

Explanation

The evaluation is composed of a written exam (Multiple Choice), closed book (100 % of the evaluation).

With regard to the Multiple Choice Questions, a correction of guessing will be applied as follows: The student will get 1 point for selecting the correct answer, 0 points when (s)he doesn’t answer the question, and (s)he loses 0.25 points for selecting a wrong answer.

Information about retaking exams

The features and determination of the grades for the the second examination opportunity are identical to those of the first examination opportunity.

Content

Brief Outline of the Course Content

PART I: GENERAL

Chapter 1: Introduction (Definition, purpose and categorization, Tax mix and allocation of tax revenue, General principles of taxation)

Chapter 2: Typologies of indirect taxes

Chapter 3: Typologies of direct taxes

PART II: INTERNATIONAL ASPECTS

Chapter 4: International aspects of indirect taxes

Chapter 5: International aspects of direct taxes

PART III: EUROPEAN ASPECTS

Chapter 6: European aspects of indirect taxes

Chapter 7: European aspects of direct taxes

Course material

PPT presentation and selected literature

http://webapps.odisee.be/Ancor/SSM/Pages/BekijkSSM.aspx?OID=18465

Explanation

Evaluation caracteristics

The exam will be a closed book exam consisting in several multiple choice questions that will cover all the topics covered in class

Second exam opportunity

Same as June exam

Content

Chapter 1. ICT introduction

• Introduction to ICT in the business environment.
• The life cycle, arquitecture and methodologies of Business Information Systems.
• Business and IT alignment and Enterprise Architecture.

Chapter 2. Process Modelling

• Fundamentals of process management: the BPM cycle, essentials of business process modelling, and BPMN.

Chapter 3. Data Modeling

• UML, relational modelling

Chapter 4. Data Analysis and Business Intelligence

Chapter 5. The Internet of Things (IoT)

Course material

The course material will be composed on slides, exercises, some video lectures, and a KU Leuven MOOC (on EdX).

The course material will be placed on Toledo. 

Some PC tools might be required.

Format: more information

Asynchronous online learning - Flipped classroom - Practice session

The course is taught as a combination of lectures and exercise sessions.

A flipped classroom will be used for some chapters; following this approach, in these chapters the theory will be offered in the form of video lectures while the class time will be dedicated to more active learning.

Explanation

The evaluation consists on a final written exam that will count for 20 points. 

Final exam

• The (written) exam consists of a number of multiple choice questions. 
• A correction is applied for guessing. Further details are communicated via Toledo.
• In case of an individual move of an examination, the form of the examination may differ from this form.

Determination of final grades

• The final grade is determined by the final exam score.

Second examination opportunity

• The features of the evaluation and determination of grades are similar to those of the first examination opportunity, as described above. 

Information about retaking exams

The features of the evaluation and determination of grades are similar to those of the first examination opportunity. 

Content

Chapter 1 : Case study
-    Research questions
-    Case study: statistical literacy

Chapter 2: Sampling
-    Sampling methods
-    data classification (qualitative - quantitative; discrete - continuous; univariate - multivariate)

Chapter 3: Descriptive Statistics for one and more variables
-    Categorical data: frequency tables,  bar plots
-    Numerical data: histograms, empirical distribution function, quantiles, mean, standard deviation, median, interquartile range, robustness against outliers, transformation
-    Relationships between variables: scatterplot and correlation coefficient, time plot, contingency table and segmented bar plot

Chapter 4: Probability theory
-    Experimental probability: law of large numbers
-    Rule of Laplace
-    Rules for probability: complement rule, sum rule, multiplication rule
-    Conditional probability

Chapter 5: Distributions of random variables
-    Random variables
-    Discrete distribution: probability distribution, expectation, variance
-    Continuous distribution: density, expectation, variance
-    Transformations and linear combinations of random variables
-    Normal distribution
-    Binomial distribution

Chapter 6: Foundations for inference
-    Variability in estimates : sampling distribution, standard error
-    Sampling distribution for the mean: central limit theorem
-    Confidence interval for mean (variance known)
-    Hypothesis testing: null hypothesis, test statistic, p-value, type 1 and type 2 error, power, critical region
-    Hypothesis testing for mean (variance known)

Chapter 7: Inference for numerical data

-    t-test for one mean

-    t-test for paired data

-    t-test for difference of two means

-    ANOVA test

-    test for correlation

-    assumptions for parametric tests

Chapter 8: Inference for categorical data

-   test for single proportion

-   Chi square test for independence  in two-way tables

Chapter 9: Simple linear regression

-   Model specification

-   Inference for linear regression

-   Goodness of fit

-   Assumptions

Course material

Course material available on Toledo

http://webapps.odisee.be/Ancor/SSM/Pages/BekijkSSM.aspx?OID=22817

Format: more information

The course consists of a combination of formal lectures, learning conversations and collective work. During the formal lectures the most important concepts will be explained and illustrated by means of examples. Students are expected to participate actively during these lectures. Regularly a tutorial will be organised during which difficult exercises from the syllabus will be dealt with. SPSS will be introduced in these tutorials.
Doing exercises is an essential part in order to be successful. Exercises will be placed at the students' disposal on Toledo. As a result, the students will be able to evaluate their knowledge of the matter by means of the solutions. Exercises not dealt with in lectures and tutorials may be handed in, in order to be corrected.

Explanation

Evaluation caracteristics

Students will be evaluated on the basis of a written exam.
The exam consists of exercises similar to those of the syllabus and those dealt with in class and some theoretical questions. It is important to notice that the exercises' level of difficulty on the exam will be higher than those made in class/of the syllabus. At the beginning of the learning process rather easy exercises will be made compared to those of the exam. Students are expected to have a thorough command of theory . A good insight into the concepts and methods dealt with is essential in order to make the exercises on the exam.
For (part of) the exam, students will have a computer at their disposable. Students are allowed to use the programs SPSS/Excel.

A formula sheet will be provided during the exam. The content of this formula sheet is available on Toledo.
An example of the exam will be placed at the students' disposal at the end of the semester. It will be posted on Toledo.

Second exam opportunity

The evaluation methods during the first and second exam opportunities are identic.

Content

Value and value-creation

• introduction
• valuing bonds
• valuing stocks
• evaluation of investment projects  

Risk and capital budgeting

• introduction risk and return
• portfolio theory and asset pricing models
• risk and the cost of capital  

Selected corporate finance topics

 This table of contents is indicative: changes can be made in view of topical events in corporate finance and time constraints. Also depending on timing, one or more business-oriented guest lectures can be organised.

Course material

Recommended study material:
Principles of Corporate Finance, custom edition based on 13th edition - compiled by Decan, H., D'Espallier, B. and Praet, A.
Publisher: McGraw-Hill. ISBN: 9781307561722

Explanation

The exam consist of theoretical questions and exercises. Questions on subjects treated by invited guest lectures/business seminars (if any) are possible. Part of the exam can be in the form of multiple choice questions (a correction for guessing will be applied for multiple choice questions – details will be discussed during the lectures).

Information about retaking exams

The features of the evaluation and determination of grades are identical to those of the first examination opportunity.

Content

1.          What is strategy?
2.          Drivers of value creation
3.          Industry analysis
4.          Competitive strategy and competitive advantage
5.          Resources and capabilities
6.          Corporate strategy
7.          Strategy implementation
8.          Innovation strategy
9.          International business strategy

Course material

Compulsory Course Material

Slides, readings and case studies (available on Toledo)

Recommended Course Material (not compulsory)

Optional handbook:
•Foundations of strategy (Robert Grant and Judith Jordan, John Wiley & Sons)
•or Contemporary strategy analysis (Robert Grant, John Wiley & Sons)

Format: more information

Students are expected to actively participate in class, particularly during case discussions. Questions with respect to the covered materials are preferably raised in class. Alternatively, students can send questions through email. In the latter case, the questions will be answered in class.

Explanation

Features of the evaluation

Written exam during the first examination period.

Determination of final grades

The result is calculated and expressed as an integer out of 20.

Second examination opportunity

The evaluation characteristics and determination of the final result of the second examination are identical to those of the first exam as described above.

Examination contract

Written exam

Content

This course has the aim to teach students 
- the principles and techniques for costing (cost accounting)
- how to use cost information to support policy decisions (management decision making)

We will discuss the following topics:

The role of management accountants
Cost terminology
Relationships between costs, volume and profit (cost-volume-profit analysis)
Costing in piece production: Job Costing
Costing in mass production: Process Costing

Activity Based Costing and Activity Based Management
Master budget
Management control, flexible budgets, variance analysis
Inventory valuation and capacity analysis
Analysis of cost behaviour
Decision Process: the importance of relevant information

Course material

Compulsory Course Material

• Handbook (to study! ):  Datar S., M. Rajan (2021) "Horngren’s Cost accounting - a managerial emphasis", Pearson, Global Edition, 17th edition
• Accompanying slides to the handbook: see Toledo
• Exercise requirements provided before class
• Exercise solutions provided after class

Recommended Course Material

• Additional exercises

Format: more information

Two contact hours are planned per week. Sessions in which the new content will be discussed and illustrated (using practical examples) will be alternated with a few exercise sessions.

The professor will invite the students to prepare for these exercise sessions beforehand. During these exercise sessions, they get the possibility to continue working on the exercises, and to ask questions to the professor related to their preparations.
Additionally, a discussion board will be opened on Toledo: students (under supervision of the professor) will be able to help each other to answer concrete questions about theory and exercises.

Part of the course also consists of participation in one or more scientific experiments that investigatesa topic related to this course. 

Questions are welcome: 

– During/after lectures

– During the exercise sessions: students are working in group, getting guidance from the professor and assistant coming by. . 

- Through the Discussion Board on Toledo

- After an appointment made by e-mail

Explanation

Features of the evaluation 

Written exam of 3 hours 

Studens can use a calculator.

The exam mainly consists of exercises/small cases to be solved, by means of which the theory is examined. For the theory for which no exercises can be included in the exercises/small cases to solve, a number of small theoretical questions are provided (multiple choice questions or a short supplementary open question)

Determination of final grades

The result is calculated and expressed as an integer out of 20 points.

Second examination opportunity

The characteristics of evaluation and/or the determination of the final result of the second examination opportunity are the same of for the first examination opportunity.

Written exam of 3 hours. (the same as the first examination period)

The exam mainly consists of exercises/small cases to be solved, by means of which the theory is examined. For the theory for which no exercises can be included in the exercises/small cases, a number of small theoretical questions are provided (multiple choice questions or a short supplementary open question)

The result is calculated and expressed as an integer out of 20 points.

Examination contract

Written exam of 3 hours

The exam mainly consists of exercises/small cases to be solved, by means of which the theory is examined. For the theory for which no exercises can be included in the exercises/small cases, a number of small theoretical questions are provided (multiple choice questions or a short supplementary open question)

Information about retaking exams

The exam format in the second exam session is different, as the bonus points that might have been earned in the first exam session, will not apply anymore. See Notes on the exam  form. 

Content

- Introduction: Today’s context of marketing innovations

-Growth/innovation models and types

-Business model implications of marketing innovations 

- the customer perspective (segments and value)

- the process perspective (channels,resources, key activities and partnerships)

- the financial perspective (revenues and costs)

Course material

Compulsory Course Material

Powerpoint slides and academic articles (on Toledo)

Recommended Course Material

/

Language of instruction: more information

Only offered in English

Format: more information

- Lectures and team assignments

-Practical arrangements are written in a course guideline file

Explanation

Features of the evaluation

For this course there is a team paper assignment.

Details on the content and the deadlines of the papers will be communicated through Toledo.

Determination of final grades

The result is calculated and expressed as an integer out of 20.

If the student does not participate in one of the partial evaluations, the final grade of the course will be NA (not attended) for the whole course.
If the set deadline was not respected, the grade for that respective part will be a 0-grade in the final grade.

Second examination opportunity

The features of the evaluation and determination of grades differ from those of the first examination opportunity. The team paper will be replaced by an individual paper.

Information about retaking exams

See 'Explanation' for further information regarding the second examination opportunity.

Content

Introduction of the international business game

Familiarizing with the player’s guide and learning material

Business game

Presentation of final report.

Course material

Compulsory Course Material

The website of the international business game and Toledo are being used for this learning activity

Student training manual, Company challenge instructions

Format: more information

In the first week of the semester, a lecture will be organized to introduce the international business game. Students have to be present during the first lecture to register for the global virtual teams. Late registrations for this course are not allowed.

Before the project starts, students are required to review the training materials and take a readiness test. The test ensures that all participants are sufficiently familiar with how the international business game works, the task the teams will be working on, deadlines, available communication tools, and other project-related issues. If you fail, you are asked to review the training materials more carefully and to retake the test.

Students who successfully pass the readiness test are randomly assigned to global virtual teams (typically between 4 and 7 students, from different countries) and receive personal emails on the first day of the project with the names and contacts of their team members.

Students work in global virtual teams over a 2-month period. During this time, they have to meet weekly deadlines.

At the end of the project, student teams submit their international business proposals via TurnItIn, an online platform that checks submissions for plagiarism.

All students receive Global Collaboration Experience Certificates and the members of the best teams receive Best Team certificates.

Explanation

Features of the evaluation

See ‘Format: more information’ for more information.
Deadlines will be communicated on Toledo/ project website.

Determination of final grades

The international business game involves a series of tasks commissioned by a real-life international company that you and your global virtual team (GVT) must complete during a period of 10 weeks. The weekly progress reports are formative and are not graded.  Each GVT team member will be evaluated by weekly peer evaluations in terms of effort, intellectual contribution, help with writing the report, and coordinating team efforts. The students also complete an online post-project survey that include-peer evaluations. If the student does not participate in one of the partial evaluations, the final grade of the course will be NA (not attended) for the whole course.

The final team reports are evaluated by the instructors using standardized rubrics. Each instructor evaluates the reports from the teams that had his/her students in them. The instructor evaluations of the team reports are then aggregated.

The result is calculated and expressed as an integer out of 20. 

Grades will be determined as follows:

- Process assessment:

Completion of the pre-project training: Must pass to enroll

Weekly progress reports, 10 total, submitted individually by each student (completed fully and before the deadline): Must be completed to receive project grade

Post-project survey (completed before the deadline, % questions answered, check for response non-randomness): Must be completed to receive project grade

Peer evaluations (as evaluated by the other team members in terms of effort, intellectual contribution, help with writing the report, coordinating team efforts, other comments), reported weekly and post-project, average of all: 30%

- Product assessment:

Quality of the team report (as rated by the instructors): 70%

Second examination opportunity

The features of the evaluation and/or the determination of grades differ between the first and second examination opportunity. Students that did not pass the first examination opportunity will have to individually improve the final report of their global virtual team.

Students that did not participate in a global virtual team during the semester cannot take part in the second examination opportunity.

Information about retaking exams

See 'Explanation' for further information regarding the second examination opportunity.

Content

Part I: theoretical colleges elaborating on:

• An introduction of the concept of culture and cultural differences
• The different elements that are part of the process of business negotiation.
• Theoretical framework for analyzing cultural differences, cultural thinking patterns and approaches. 
• An introduction of various negotiation techniques and successful forms of communication,

Part II: Experiential seminars and in company visits in Paris in which the students will become familiar with realistic / day to day cross-cultural management and negotiation issues.

Part III: Interactive group presentations on selected topics.

Course material

PowerPoint presentations, scientific articles and other information will be available on Toledo. 

Format: more information

Classes are organized in the form of theoretical lectures and experiential exercises, seminars and visits. Active participation from the students is required. Students' participation to the study visits in Paris is compulsary for this course.  

The course consists of three parts.

In the first part the students are introduced into the world of cross-cultural negotiations. More specific, focus will be on how to understand culture, cultural differences and how these are reflected in negotiations. After this first part, the students should have a good understanding of the complexity of cross-cultural interaction and some techniques to deal with it.

In the second part the students will participate in experiential seminars and in company visits that focus on various aspects of cross-cultural management and negotiation during a study trip to Paris (indicative price: € 350). Students will participate in visits to international companies, international organizations such as Flanders Investment and Trade in Paris and OECD and one partner university where they will learn how they deal with cross cultural issues. Participation to the study trip to Paris is compulsary. Students are expected to take part in all company visits and write an individual reflection paper on their experiences in terms of cross cultural management during the visits. If the study trip cannot take place due to sanitary measures or other situations of force majeure, an alternative programme will be proposed. All this will be communicated through Toledo at the start of the semester.

In the third part  the students will prepare and perform interactive group presentations in which they elaborate on their insights gathered from the theories from part I and the experiential knowledge from part II in a specific context.

For practical reasons concerning the study trip, participation to this optional course is limited to max. 22 students. 

Explanation

Features of the evaluation

Students' assessment is based on a combination of individual assignments, permanent evaluation and a group paper & presentation

Individual assignment / reflection paper on the study visits (10% of total score): students will write a short individual reflection paper.  

Group paper / handout (40% of total score) & presentation (30% of total score): students will work in group on a (sub)theme of cross-cultural negotiations. As a group, they are responsible for teaching a 20 min. lecture on their theme (last classes), by presenting the essential concepts, academic literature and cases, thereby taking into account the gathered knowledge from the courses. This group presentation should also include interactive elements, through which the other students become familiar with the theme (by the use of cases, exercises, multimedia, role play,…). The preparation, analysis and results of this group work should also be reported in a paper / handout.

Permanent evaluation (10% total score): attendance of and participation during classes and the study visit

Peer evaluation of your team members (10 % of total score): students will have to evaluate the members of their team of the group presentation and paper.

Determination of final grades

The final grade is a weighted score and consists of:

Individual reflection paper counts for 10% of the points, group paper counts for 40 %  & group presentation counts for 30% of the points, permanent evaluation counts for 10% of the points and peer evaluation counts for 10% of the points.
The result is calculated and communicated as a whole number on a scale of 20.

The deadline for the assignments will be determined by the lecturer and communicated via Toledo

If the set deadline for the individual assignments was not respected, the grade for that respective part will be a 0-grade in the final grade, unless the student asked the lecturer to arrange a new deadline. This request needs to be motivated by serious circumstances.

Second examination opportunity

The features of the evaluation and/or the determination of grades differ between the first and second examination opportunity. 

The alternative assignments consist of an individual paper in which the student presents the essential concepts, literature and cases of an approved topic, thereby taking into account the gathered knowledge from the lectures. Moreover, the student will present this study individually to the course coordinator. The assignment and presentation count for 100% of the overall grade.

The deadlines for the assignment will be communicated through Toledo. If a deadline is not respected, it leads to NA (not taken) for the whole course.

Information about retaking exams

See 'Explanation' under 'Mode of Evaluation' for more information on the modalities of the 2nd exam opportunity.

Content

The course introduces the students in the nature, major principles, processes and actors of the European legal system, using social policy as a major example within the European Union. Although European integration could originally be seen as focused on the realisation of the internal market (and having only an economic purpose), it has become widely accepted that economic and social integration goes hand in hand. This double bind of European integration is enshrined in the Treaties and embodied in the European Social Model.

Particular attention will be paid to the institutional framework, the EU competences, the legislative process, the role of the European social partners, principles of the internal market, employment policies, social policy and external policy.

The course covers the legislation and the main case law of the European Court of Justice in the area of labour law and social security law. The focus of the course lies with the following specific issues:

• EU law (EU institutions, legal sources, characteristics of EU law)
• Fundamental rights in the European Union
• The principle of non-discrimination
• Free movement of workers
• Free movement of services and establishment
• Posting of workers
• Social dialogue and collective bargaining
• Worker involvement and business restructuring
• Employment and labour market policy
• European economic governance
• External policy and fair globalisation
• The role of the ILO (International Labour Organisation) and relation with the EU

Course material

Compulsory Course Material

A syllabus provided by the lecturer via Toledo.
Powerpoint presentations.
Background reading via Toledo.

Format: more information

The course will be taught on the basis of lectures. Interaction and in-class discussion is strongly promoted.

Is also included in other courses

C0OP3A : The Criminal Justice System and European Law and Policy

Explanation

Features of the evaluation

Take-home exam (60%), home assignments (25%), oral participation or other extraordinary efforts/achievements (15%)

Determination of final grades

The result is calculated and expressed as an integer out of 20.

Second examination opportunity

The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described above.

Content

• History of European integration from 1945 until now
• The role of the federal state of Belgium in the European decision-making process
• Discussion of texts on the aims and the international relations of the European Union
• Presentation by the student. if there are more than 25 participants, there will be no individual presentation and the students will have to write a critical assessment of a certain topic. 

Course material

Compulsory Course Material

• Slides on the political history
• texts for discussion

Recommended Course Material

• /

Toledo is being used for this learning activity

Format: more information

Lectures

Presentation by the student (or if there are more than 25 participants, the student will write a critical assessment of a certain topic). 

Is also included in other courses

C0OP3A : The Criminal Justice System and European Law and Policy

Explanation

Features of the evaluation

Written exam with closed questions (15 points). During the course the student gives a presentation (5 points) or writes a critical analysis if there are more than 25 participants. 

The presentation or analysis is a precondition for the participation to the exam. 

Only those students who are for justified reasons unable to do the presentation during the course will receive an extra question at the exam (written exam on 20 points). In case of more that there are more than 25 participants, the student must write a critical analysis anyway instead of getting such an extra question. 

Determination of final grades

The result is calculated and expressed as an integer out of 20.

Second examination opportunity

There will be a written exam on 20 points (no transfer of the points of the presentation or the critical analysis). .

Information about retaking exams

Second attempt: questions on the slides and the texts for an integer 20/20. 

Content

Depending on the results from the initial test, and taking into account time constraints, a selection from the following topics will be discussed:

• probability theory and applications based on simulation and sampling methods
• discrete and continuous distributions (Bernouilli, Binomial, Normal, Student, Fisher, Chi-squared, etc.)
• descriptive statistics for qualitative datasets
• descriptive statistics and exploratory data analysis for quantitative datasets
• classical hypothesis testing (based on the Central Limit Theorem) and applications
• alternative types of hypothesis testing (based on bootstrapping, simulation, etc.) and applications
• regression methods (multiple linear regression, logistic regression, etc.)
• time series methods and applications
• qualitative research methods (social networks, discourse analysis, etc.)
• machine learning and artificial intelligence (tree-based methods, boosting, deep learning, etc.)

In any case, this course mainly focuses on statistical inference based on real datasets from businesses.

Course material

Compulsory Course Material

Slides and additional course materials are available through the learning platform which accompanies the following handbook:
Wessa, P. (2017) "Statistical Analytics for Small and Big Data", Big Analytics Ltd, 2nd edition

Recommended Course Material

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Toledo is not being used for this learning activity

Format: more information

During the first week of the course, students are required to take an initial test which serves to identify strengths and weaknesses of each participant. Based on these test results the instructor selects a series of chapters and exercises from the handbook that are most relevant. The lectures are designed to explain the main, theoretical ideas and guide students through their learning process based on cases and exercises.

Explanation

Features of the evaluation

Students are required to solve statistical problems on the computer and defend their results orally.

Determination of final grades

The result is calculated and expressed as an integer out of 20.

Second examination opportunity

The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described above.

Content

Students write an empirical research paper based on a selection of research methods which are discussed in the course Research Methodology. Several real business datasets are made available by the instructor. The research paper takes the structural form of a proceedings paper (4K words) and is discussed during one-on-one coaching and group sessions.

Course material

Compulsory Course Material

Slides and additional course materials are available through the learning platform which accompanies the following handbook:
Wessa, P. (2017) "Statistical Analytics for Small and Big Data", Big Analytics Ltd, 2nd edition

Recommended Course Material

/

Toledo is not being used for this learning activity

Explanation

Features of the evaluation

Students present their research paper and are graded through a peer review process in which the evaluation criteria are specified by the instructor (the grade awarded is computed as the median of all review scores). If the grade is disputed, the final grade is determined by the instructor.

Determination of final grades

The result is calculated and expressed as an integer out of 20.

Second examination opportunity

The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described above.

Format: more information

During the lectures the accent is mostly on the practical applicability of mathematical techniques in economics. A theoretical framework is sketched. Frequently exercises are referred to which can be solved in order to better understand the material. Solutions for these exercises are also available.
Electronically duided self-study (via Wiskunde_PV) is made available.

Apart from the possibility to ask questions to the professor, course tutorials are provided.

Format: more information

During the lectures the accent is mostly on the practical applicability of mathematical techniques in economics. A theoretical framework is sketched. Frequently exercises are referred to which can be solved in order to better understand the material. Solutions for these exercises are also available.
Electronically guided self-study (via Wiskunde_PV) is made available.

Apart from the possibility to ask questions to the professor, course tutorials are provided.

Explanation

Evaluation characteristics

For this year-course a partial exam about 'Mathematics for Business 1' is organised during the first examination period (50% of the final grade) and a partial exam about 'Mathematics for Business 2' is organised during the second examiniation period (50% of the final grade). Both are written exams. A calculator is made available for the written exam by the institution. Students may not use their own calculator for the exam.

Determination final result

The final score is the (arithmetic mean) of the scores on both partial semestrial exams if the student gets a minimum score 8.00/20 on both (measured up to two decimals). Otherwise, the lowest score obtained on the semestrial OLA-parts is assigned as final OPO score.
The result is calculated and expressed as an integer out of 20.

This means that a student must obtain at any evaluation at least 8.00/20 and a final score for the course of at least 10/20 to pass this course.

If the student does not participate in one of the semester evaluations, the final grade of the course will be NA (not taken) for the whole course.

Component marks of at least 10/20 (for the semester examinations) are transferred to the next examination period within the same academic year. In case of a partial transfer the originally obtained component mark is included in the final mark of that course. Students only retake the evaluation/activities for which no transfer of the result took place.

No component marks are transferred to the next academic year when no credit is obtained for the final year-OPO.

Second exam opportunity

The features of the evaluation and determination of grades are identical to those of the first examiniation opportunity, as described above.

Information about retaking exams

Content

This course is an introduction in international economics. Topics that will be discussed are international trade theory, International trade policy, International economic treaties, foreign direct investment and economic development. The student will be introduced into the knowledge required to effectively analyse international economic problems.

Course material

Compulsory Course Material

An introduction to International Economics: New perspectives on the world economy,Kenneth A. Reinert,2e,Cambridge University Press,9780521177108

Recommended Course Material
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Format: more information

There will be no lectures for this course. Students process the subject material based on self-tuition. If students have questions about the course material, they are allowed to contact the lecturer.

Explanation

Features of the evaluation
Written exam with open questions.

Determination of final grades
The result is calculated and communicated as a whole number on a scale of 20.

The evaluation characteristics and determination of the final result of the second examination are identical to those of the first exam as described above.

Second examination opportunity
The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described above.