BA Hons French & Economics

You'll take two combined classes: French 1A (semester 1), French 1B (semester 2). These courses are mainly organised around a linguistic progression towards level B1 in the Common European Framework of Reference for Languages. There's a regular input of cultural background which takes the form of three lectures in semester 1 and two in semester 2 covering the following topics:

• The Making of Modern France
• France in a Global Context
• Understanding the French Republic
• French Identities
• Contemporary French Society 

In addition, there's an introductory lecture in semester 2 entitled ‘What is translation about?’.

The purpose of this class is to provide you with a balanced introduction to economics which will be at once self-contained and lay the foundation for further study in economics and more generally. The work of the class will be based on a programme of systematic directed reading, supplemented by tutorials, using group projects and in-class short answer tests as cumulative assessment.

Cultural focus: time (35 hour week, RTT and ‘ponts’, paternity/maternity leave, …) & ‘human resources’ (hierarchical organisation, discrimination, unions, relocation,…)

Linguistic focus: the negation, asking questions, using pronouns.

Cultural focus: the origins of the European ideal, Europe and the EU viewed from France.

Linguistic focus: subjunctive mood.

Cultural focus: a historical view of immigration in France and a look at the specificity of the French ‘integration’ system.

Linguistic focus: the system of tenses in French (concentrating on past tenses).

Cultural focus: a further look (after first year) at French politics, concentrating on topical issues.

Linguistic focus: modal verbs.

Cultural focus: decentralisation, importance of regions in France.

Linguistic focus: the passive voice.

Cultural focus: the French economy (role of the state, …), marketing à la française

Linguistic focus: equivalent of –ing in French.

In addition, students specialising in French take the French Culture and History 2 class. This class focuses on the Occupation and French Colonialism/Decolonisation. The historical context for each topic is first set, and documents from the two periods studied, before discussion moves on to the cultural domain, via analysis of the following texts and films:

• Au Revoir les Enfants (film, Malle)
• Stupeur et Tremblements (text, Nothomb)
• L'Étranger (text, Camus)
• Le Samourai (film, Melville)
• Anthology of historical texts relating to the Second World War
• Anthology of historical texts relating to French Colonialism/Immigration

This is the core Microeconomics class in Year 2. It aims to develop your understanding of: the concepts of consumer choice; the motives of the firm and profit maximisation; the market and its role in achieving equilibrium prices and quantities; and the implications of market power. It introduces you to mathematical techniques commonplace in Economics, giving you the ability to apply these in a wider economic context.   

The class builds upon the macroeconomic foundations established in the first year Economics class and both extends and deepens analysis. This class will develop your ability to use key macroeconomic models and will also provide an introduction to the analysis of economic data. 

Cultural focus: a historical review of slavery and a look at modern forms of slavery.

Linguistic focus: reinforcement work on subjunctive mood, passive voice and negative forms.

Cultural focus: the impact of consumerism on the environment.

Linguistic focus: adjectives and comparative, hypothesis, conditional mood.

Cultural focus: a look at current issues in the French education system.

Linguistic focus: reported speech, imperative mood, a further look at pronouns.

Cultural focus: practical module aiming at preparing students for the year abroad.

There is also a French Studies 3 class: Freedom and Identity in France and the Francophone world. This class is based on the study of the following texts and films as examples of the treatment of the class’s twin themes:

• Milou en mai (film, Malle)
• Poverty (various texts)
• The Dreyfus Affair (various historical texts)
• Monsieur Klein (film, Losey)
• Rue des Boutiques Obscures (text, Modiano)
• National Identity in the Third Republic (various historical texts)

Adam Smith's hidden hand - markets result in efficient outcomes - doesn't always work. We seek to understand why by using the tool of game theory to analyse how agents interact and discuss market power and externalities.  We then consider other issues in public economics including cost-benefit analysis, fiscal federalism, taxation and crime.  You will also learn more about how to analyse microeconomic data.

This class builds on the Macroeconomics you studied in second year by covering four topics in detail:

• models of economic growth
• the effects of macroeconomic policy in an open economy
• the interrelationships between money growth, output, unemployment and inflation
• the implications of high government debt. 

You will also learn more about how to analyse macroeconomic data. 

The language course is based on a series of thematic dossiers dealing with current issues in France and the Francophone world. The focus of the class is on reinforcing and developing key professional language skills, such as translation into English, translation into French, liaison interpreting, and 'exposé' (formal oral presentation).

Students in Joint Honours French will additionally have one or more French Studies 4 classes. Everyone will take the Core Class, Images of Women, which considers the changing portrayal of women over the centuries, using the following texts as the basis of discussion:

• Madame Bovary (novel, Flaubert)
• Fatale (novel, Manchette)
• L’événement (Ernaux, novel)
• Women in the Paris Commune of 1871 (various historical documents)

Joint Honours students not writing a dissertation in French will take these two further classes:

• The Occupation and its portrayal in French films
• France since 1945

The dissertation is an important part of the fourth year programme. Single Honours Economics BA students are required to submit a dissertation in Economics while Joint Honours BA students may submit a dissertation in Economics or in their other Honours subject. 

Information Economics, the topic of this class, considers market failure resulting from uncertainty and information asymmetry. The course looks at two specific examples of market failures: moral hazard and adverse selection. We will discuss policy solutions to reduce the negative impacts of these market failures on society. We will also apply uncertainty to game theory and learn how to find Bayesian Nash Equilibria. Furthermore, we will examine the impact of externalities on social welfare and learn about the optimal provision of public goods.

This class aims to provide you with the required tools to understand current macroeconomic issues, such as the interactions between the banking sector and monetary policy or the policy responses to the global financial crisis.  Throughout the class, the analytical usefulness of the theoretical models taught is illustrated with real-world examples. 

This course investigates the actions that firms in an industry might take to preserve their profit in that industry, and the implications that this has for competition policy and regulation. We take an analytical approach to the issues which will be supported by examining case studies and current events. 

In third year, you will have learned about regression in both a cross-sectional data and time series data context. This class extends that knowledge to two core topics: causal inference and forecasting. Both are highly relevant topics to real-word economics. Understanding the effects of economic policies and decision-making requires careful empirical analysis and understanding of what the data can and cannot tell us. Topics on causal inference build skill in this area. Furthermore, policymakers and economist often want to know something about what to expect, for example of unemployment, given what has happened recently and in the past. Topics in forecasting build skills in this area.

In causal inference, we begin with foundations on how to think about correlation vs. causation and threats to interpreting regression model coefficients as causal effects. We then introduce two methodological approaches. These are instrumental variables and difference-in-differences. Under both we develop the intuition and key assumptions that will allow interpreting statistical results from a regression model as a causal effect from a variable or policy change of interest. We further work with example cases in labs and learn how to implement the methods with data in R, and we use tutorials to think about these methods in action and continue developing the intuition.

In forecasting, we will introduce you to basic tools needed to become a forecaster, such as understanding what a loss function and forecast horizon is. In addition, you will learn various forecasting evaluation techniques to compare competing models.

This class gives a balanced view of the role of finance in promoting long-run economic growth, but also booms and busts. The nature and role of financial intermediaries will be introduced, and, afterwards, formally addressed in a simple aggregate growth model. Empirical evidence will be examined, before turning to the specifics of micro-finance. The importance of financial globalisation will also be investigated. Finally, the rest of the class will be devoted to deciphering the causes and consequences of the current financial crisis.

Behavioural Economics offers alternative theories that merge psychological insights with economic theory and are based on experimental and other evidence, that attempt to provide a better explanation of real-world behaviour.

This class is concerned with exploring these behavioural theories with the aim of providing you with an expanded toolkit with which to approach ‘real-world Economics’ that is based on the burgeoning Behavioural Economics literature that has emerged over the past two or three decades.

After studying this, you should be able to extend much of your previously-learned knowledge in Microeconomics in various directions that take into account more realistic ways of modelling how individuals behave.

The class provides you with an introduction to Natural Resource Economics, Environmental Economics and Energy Economics, establishing connections between the economics and the policy aspects of the class topics. It focuses on the contributions of Economics to understanding environmental, energy and natural resource problems, their causes, and the design of effective public policies to counteract them.