IDENTIFYING DATA 2020_21
Subject (*) INTRODUCTION TO MICROECONOMICS Code 16214004
Study programme
Bachelor's Degree in Business Administration and Management (2009)
Cycle 1st
Descriptors Credits Type Year Period
6 Basic Course First 1Q
Language
Castellà
Català
Department Economics
Coordinator
GRAS NOGUÉS, NÚRIA
CARLES LAVILA, MISERICÒRDIA
OSÓRIO DA COSTA , ANTÓNIO MIGUEL
PÉREZ LACASTA, MARIA JOSÉ
E-mail misericordia.carles@urv.cat
mariajose.perez@urv.cat
nuria.gras@urv.cat
antonio.osoriodacosta@urv.cat
mariajose.hernandez@urv.cat
Lecturers
CARLES LAVILA, MISERICÒRDIA
PÉREZ LACASTA, MARIA JOSÉ
GRAS NOGUÉS, NÚRIA
OSÓRIO DA COSTA , ANTÓNIO MIGUEL
HERNÁNDEZ LEAL, MARÍA JOSÉ
Web
General description and relevant information The course provides fundamental knowledge of economic theory, in particularly microeconomic analysis of markets.

Competences
Type A Code Competences Specific
 A1 Understand the basic micro-and macroeconomic principles involved in business management.
Type B Code Competences Transversal
 B1 Learning to learn
 B7 Sensitivity to environmental issues
Type C Code Competences Nuclear
 C1 Have an intermediate mastery of a foreign language, preferably English
 C4 Be able to express themselves correctly both orally and in writing in one of the two official languages of the URV

Learning outcomes
Type A Code Learning outcomes
 A1 Explain and analyze the perfect competition market.
Analyze the effects of market failures in competitive markets.
Understand how local and national markets integrate into the international market.
Type B Code Learning outcomes
 B1 Put into practice the approaches, methods and experiments put forward by the teaching staff in a disciplined fashion.
 B7 Coneix el concepte de desenvolupament sostenible
Identify the problems and consequences of sustainable development.
Acquire the skills and attitudes required to integrate the concept of sustainable development into decision taking.
Type C Code Learning outcomes
 C1 Understand instructions about classes or tasks assigned by the teaching staff.
 C4 Produce written texts that are appropriate to the communicative situation

Contents
Topic Sub-topic
BASIC CONCEPTS
1. Introduction Definition of economy
Market economy
Model development
The perfect competition Model
DEMAND and SUPPLY
2. Demand fundamentals Budgetary restriction
Consumer Preferences
Consumer's Choice
Demand function
3. Demand Demand Movements
Market demand
Elasticity
4. Supply fundamentals in a competitive environment Production function and costs of producing
Profit maximization
Supply function
5. Supply Supply Movements
Market supply
Elasticity
EFFICIENCY AND COMPETITIVE MARKETS
6. Market equilibrium Equilibrium and market forces
Comparative statics
7. The efficiency of markets Consumer surplus and producer surplus
Market efficiency
Efficiency and international trade
8. Economic inequality and income distribution Income inequalities
Measure of economic inequality
State intervention: Maximum and minimum prices
State intervention: Tax and subsidies on the quantities
9. Intervenció de l'Estat Preus màxims i mínims
Impostos i subsidis sobre la quantitat
MARKET FAILURE AND GOVERNMENT INTERVENTION
9. Market Failures Externalities
Public goods
Information problems

Planning
Methodologies  ::  Tests
  Competences (*) Class hours
Hours outside the classroom
(**) Total hours
Introductory activities
A1
1 1 2
Lecture
A1
21 52 73
Problem solving, exercises
A1
B1
C1
C4
16 40 56
Self-monitoring activities
A1
B1
0 12 12
Personal attention
B1
1 0 1
 
Mixed tests
A1
B1
2 0 2
Multiple-choice objective tests
A1
B1
4 0 4
 
(*) On e-learning, hours of virtual attendance of the teacher.
(**) The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies
Methodologies
  Description
Introductory activities Presentation of the course (program, method, evaluation, etc.)
Lecture Presentation in class of the theory and methods
Problem solving, exercises Analysis of problems and exercises related to the subjects of the course, made by the students (outside the classroom) and the professor (in class).
Self-monitoring activities Activitats proposades a l’estudiant, amb un pes mínim en la nota, que serveixen per a que l’estudiant pugui autoregular el seu aprenentatge.
Aquesta activitat forma part de l'avaluació.
Personal attention Personalized attention to clarify doubts (at the beginning of the period of teaching, each professor will indicate specific weekly hours).

Personalized attention
Description
Personalized attention to clarify doubts (at the beginning of the period of teaching, each professor will indicate specific weekly hours).

Assessment
Methodologies Competences Description Weight        
Self-monitoring activities
A1
B1
Diferents tipus de proves.
Es portarà a terme una activitat d'auto seguiment a cada part del programa
10%
Multiple-choice objective tests
A1
B1
Controls parcials de l'assignatura.
Es portarà a terme una prova objectiva tipus test a cada part del programa.
40%
Mixed tests
A1
B1
Final exam on the official date: Resolution of multiple choice questions, short questions and/or exercises 50%
Others  
 
Other comments and second exam session

Comment about the 1st call (continuous evaluation): At the end of the semester there is a final exam representing 50% of the continuous evaluation. Regardless of what the marks obtained in the other tests of continuous evaluation, approving the final exam is a necessary condition to pass the subject.

Comment about the 2nd call: consist of an examination that will worth 100% of the final grade. This test is based on the resolution of multiple choice questions, short questions and/or exercises.

During the conduct of examinations it is NOT allowed the use calculators, communication devices and other data transmission mechanisms.

Spelling and grammatical mistakes in the assessment tests will be penalized with a reduction of the grade.


Sources of information

Basic

· Bernanke, B. i Frank, R. (2007): Principiosde economía. Ed.McGrawHill, Madrid.

. Krugman, P .; Wells, R. i Graddy, K. (2014): Fundamentos de Economía. 3ª edició. Ed. Reverté, Barcelona.

· Mankiw, NG i Taylor MP (2017): Economía. Ed. Paraninfo, Madrid.

· Samuelson, P. i Nordhaus, WD (2010): Economía. Ed.McGrawHill, Madrid.

· Schiller, BR (2008): Principios de economía. Ed.McGrawHill, Madrid.

Complementary

Recommendations

Subjects that continue the syllabus
MICROECONOMY/16214103

Subjects that are recommended to be taken simultaneously
MATHEMATICS I/16214008

(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.