IDENTIFYING DATA 2011_12
Subject (*) INTRODUCTION TO MACROECONOMICS Code 16214005
Study programme
Degree of Business Administration and Management (2009)
Cycle 1st
Descriptors Credits Type Year Period
6 Basic Course First Second
Language
Anglès
Castellà
Català
Department Economia
Coordinator
MOGAS AMORÓS, JOAN
PASCUAL LORENTE, ALBERT
MARTINEZ MORA, FRANCISCO DE ASIS
QUESADA ARANA, ANTONIO
UCEDA TARAMONA, DAVID
TURRION PRATS, JUDITH
E-mail antonio.quesada@urv.cat
albert.pascual@urv.cat
joan.mogas@urv.cat
judith.turrion@urv.cat
david.uceda@urv.cat
francisco.mmora@urv.cat
Lecturers
QUESADA ARANA, ANTONIO
PASCUAL LORENTE, ALBERT
MOGAS AMORÓS, JOAN
TURRION PRATS, JUDITH
UCEDA TARAMONA, DAVID
MARTINEZ MORA, FRANCISCO DE ASIS
Web
General description L'assignatura proporciona els coneixements fonamentals de la teoria macroeconòmica: representació i anàlisi del funcionament global d'una economia.

Competences
Type A Code Competences Specific
 A1 Students understand the basic micro-and macroeconomic principles involved in business management.
Type B Code Competences Transversal
 B4 Autonomy, responsibility and initiative
Type C Code Competences Nuclear
 C1 Have an intermediate mastery of a foreign language, preferably English
 C3 Be able to manage information and knowledge
 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 Students can assess the situation of an economy, and understand how it works and what effects economic policies have.
Students understand macroeconomic aggregates and their implications for the economy.
Students can explain the macroeconomic effects of fiscal and monetary policies.
Type B Code Learning outcomes
 B4 Do the work planned in accordance with the quality criteria provided.
Decide how to manage and organize work and time.
Decide how to do a particular job so that it is of the highest quality possible.
Decide what needs to be done for a particular job/project and do it according to schedule.
Type C Code Learning outcomes
 C1 Understand routine information and articles.
Recollir en apunts part de la informació que s'imparteix en una classe
 C3 Locate and access information effectively and efficiently.
 C4 Produce well-structured, clear and rich written texts

Contents
Topic Sub-topic
Chapter 1. Empirical evidence • Economic cycles
• Economic growth
• Inflation and deflation
Chapter 2. Measuring an economy • The circular flow diagram
• GDP (real and nominal)
• Unemployment
• CPI
Chapter 3. Aggregate supply and demand • Short-run and long-run aggregate supply
• Aggregate demand (AD): components and slope
• Equilibrium
Chapter 4. The market for goods • Components of AD and explanatory variables
• Fiscal policy: public deficit, multiplier, crowding-out effect
Chapter 5. The financial market • Money
• Monetary market, monetary multiplier
• Monetary policy: instruments, objectives
Chapter 6. Open economy • Capital flows and balance of payments
• Exchange rate
• Exchange rate policy
Chapter 7. Case studies • Hyperinflation and deflation
• Exchange rate crises
• The euro area


Planning
Methodologies  ::  Tests
  Competences (*) Class hours
Hours outside the classroom
(**) Total hours
Introductory activities
A1
2 0 2
Lecture
A1
C1
35 35 70
Problem solving, exercises
A1
B4
C1
C3
C4
10 20 30
Case study
A1
B4
C1
C3
C4
10 20 30
Personal tuition
A1
C1
0.5 0 0.5
 
Extended-answer tests
A1
B4
C1
C3
C4
2 0 2
 
(*) 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 Activities designed to make contact with students, collect information from them and introduce the subject.
Lecture Description of the contents of the subject, raising questions and proposing real life situations to be studied with the analysis presented.
Problem solving, exercises Formulation, analysis, resolution and debate of a problem or exercise related to the topic of the subject.
Case study Students study a particular situation and must propose a reasoned solution, answer a series of questions or carry out a global analysis.

Personalized attention
Description
Office hours to be communicated the first day classes will be held

Assessment
Methodologies Competences Description Weight        
Extended-answer tests
A1
B4
C1
C3
C4
There will be one or two exams during the lective period that will account for a 20% of the overall mark, and another exam on the date of the first official examination session that will account for 60% of the overall mark. 50%
50%
Others  

Economics Symposium Students may choose to attend lectures on a specific topic delivered by specialists and next answer an online multiple choice test available in Moodle. Alternatively, students may be write a short essay in which they answer questions on four previously selected newspaper articles.

0%
 
Other comments and second call

On the date of the second official examination session there will be an exam that will account for 100% of the overall mark.


Sources of information

Basic Paul Krugman and Robin Welss, Macroeconomics, Worth Publishers, 2006
Michael Parkin, Economics, Pearson, 2009
Gergory Mankiw, Principles of Economics, Thomson, 2007
Bernanke i Frank , Principios de Economía, McGrawhill , 2007

Complementary

Recommendations


(*)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.