It is the key to an understanding of our daily life ecology Waste Gold House&loan Bank linkMoney Nature Development Labour Why study economics ?

The economics course is a course of ? hours / week given in ?language  T he exams are : for the 4th : 1 period in December and in June for the 5th : 1 period in January and in June for the 6th : 3 periods in January and at the end of the year in the canteen for the 7th : BAC examination in January (3 hours)  examination written or oral (choice) in June 4 2nd

Why study economics ? It complements many disciplines : law, sociology, politics, journalism, media, communication, logistics, … And of course it helps to understand..  government economic policies  and the philosophy behind them

Why study economics ?  I  It’s a discipline involving discussion, critical analysis and the examination of current affairs,  A  Also it examines mathematical phenomenon such as markets, the laws of demand and supply,...  I  It includes accountancy and financial analysis.

What teaching methods and tools used ? Reference books Internet research Excel tables PC quizzes Newspaper articles and economic reports Visits : stock exchange, factories, parliaments : (regional, national, european)

Main Activities Bolivian Workshop The sale of roses VW Forest Meeting politicians

Summary of the 4 th year programme  Introduction to several concepts such as : goods and services, scarcity, opportunity cost, utility, factors of production  Economic agents households  Analysis of revenue and expenditure of the most important economics agents, principally households (budgeting, changing spending patterns, elasticity) banking  Introduction to banking (saving, borrowing, other bank services...)  Channels of distribution, transport, advertising, ….  Introduction to markets : supply and demand for goods and services, price equilibrium

Summary of the 5 th year programme  The factors of production : land, labour and capital and the rewards to these factors  Analysis of firms costs of production, revenues and profits  Introduction to accountancy and financial analysis International trade : benefits, development and consequences exchange rates  Public finances :  drafting government budgets  analysis of its components 5 th          

Summary of the 6 th year programme  Economic policy and its tools  consumer  The behaviour of the consumer  Analysis of all the possible consumption combinations and determination of the optimal choice producer  The behaviour of the producer :  Analysis of costs and possible choices products  The market for products  perfect competition, oligopoly and monopoly, public intervention in the fixing of prices and monopoly power  National income, its calculation and its most important components          

Summary of the 7 th Year programme governmentEU The role and objectives of government and the EU in the economy Labour Labour :  Evaluation of active population unemployment  Types & causes of, and solutions to unemployment  of unemployment  Effects of unemployment Monetary stability Monetary stability (inflation) and monetary policy Growth Growth, Social and economic development, GDP and other growth indicators, developing countries, Globalisation, North/South relations, environment,... International trade and the balance of payments, Trade cycles