MFI - MACROECONOMICS

Code Cours
2324-IÉSEG-MFI1S1-ECO-MFICE01UE
Language of instruction
English
Teaching content
ECONOMICS
Training officer(s)
M.PICAULT
Stakeholder(s)
Matthieu PICAULT
Level
MSc in Finance
Program year
Period

Présentation

Prerequisite
This course will use the previous Microeconomic class content. No specific prerequisites are required but an open mind to the macroeconomic situation and developments is necessary.
Goal
Build a coherent macroeconomic reasoning.
- Understand interactions between economic agents inside an economy.
- Predict how business and economic cycles could affect organizational strategy
- Effectively apply in-depth specialized knowledge to take advantage of contemporary opportunities in their professional field
- Employ state-of-the-art management techniques
- Communicate effectively in English
Presentation
The first part of this course focuses on the measure of the national income (the GDP) and its evolution over time (the business cycle). Through the IS/LM model, Okun’s Law and the Philips Curve, students will be able to picture a short term equilibrium using the main macroeconomic aggregates (GDP, inflation, interest rate, unemployment). The next section will be dedicated to the effects of fiscal and monetary policy on the economic growth.

Modalités

Organization
Type Amount of time Comment
Présentiel
Cours interactif 13,00
Travaux dirigés 3,00
Autoformation
Lecture du manuel de référence 10,00
Travail personnel
Charge de travail personnel indicative 10,00
Individual Project 5,00
Group Project 9,00
Overall student workload 50,00
Evaluation
The assessment is based on 3 pillars : one individual written assignment, a project in groups and a final written exam.
Control type Duration Amount Weighting
Examen (final)
Examen écrit 2,00 1 50,00
Autres
Projet Collectif 8,00 1 30,00
Rapport écrit 4,00 1 20,00
TOTAL 100,00

Ressources

Bibliography
Economics, 8th edition by Mankiw and Taylor -