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The ULB Department of Applied Economics (DULBEA) was founded by Etienne Sadi Kirschen in 1958. His vocation was research in applied economics, based on the new developments taking place in economics and the theory of econometrics. The DULBEA also gives prominence to recommendations in the field of economic policy. All members of the DULBEA are academic members of the Faculty of Economics, Social and Political Science of the ULB and of the Institute of Labour research.