IDENTIFYING DATA 2011_12
Subject (*) INTRODUCTION TO MACROECONOMICS Code 16234005
Study programme
Degree of Business Administration and Management (Terres de l'Ebre) (2009)
 Cycle 1st
Descriptors Credits Type Year Period
6 Basic Course First Second
Language
Català
Department Economia
Coordinator
FARRÉ ALBENDEA, FRANCISCO JAVIER
MOGAS AMORÓS, JOAN
 E-mail xavier.farre@urv.cat
Lecturers
FARRÉ ALBENDEA, FRANCISCO JAVIER
Web
General description and relevant information 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
 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 Sap avaluar la situació d'una economia, coneix el seu funcionament i els efectes de les polítiques econòmiques.
Coneix els agregats macroeconòmics i les seves implicacions per al funcionament de l'economia.
Sap explicar els efectes macroeconòmics de les polítiques fiscals i monetàries.
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
 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
 35 35 70
Problem solving, exercises
A1
B4
C3
C4
 10 20 30
Case study
A1
B4
C3
C4
 10 20 30
Personal tuition
A1
 0.5 0 0.5
 
Extended-answer tests
A1
B4
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
L'horari d'atenció es comunicarà el primer dia de classe

Assessment
Methodologies Competences Description Weight        
Extended-answer tests
A1
B4
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   0%
 
Other comments and second exam session

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.