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Type A
|
Code |
Competences Specific | | | A1 |
Understand the basic micro-and macroeconomic principles involved in business management.
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Type B
|
Code |
Competences Transversal | | | B1 |
Learning to learn |
| | B7 |
Sensitivity to environmental issues |
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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 |
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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.
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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.
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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
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| 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
|
| MARKET FAILURE AND GOVERNMENT INTERVENTION |
|
| 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. Market Failures |
Externalities
Public goods
Information problems |
| 10. State interventions on market failures |
Pigou taxes
Property rights
Provision of public goods |
| Methodologies :: Tests |
| |
Competences |
(*) Class hours
|
Hours outside the classroom
|
(**) Total hours |
| Introductory activities |
|
2 |
1 |
3 |
| Lecture |
|
29 |
59 |
88 |
| Problem solving, exercises |
|
20 |
30 |
50 |
| Personal attention |
|
2 |
0 |
2 |
| |
| Mixed tests |
|
4 |
0 |
4 |
| Practical tests |
|
1 |
0 |
1 |
| Mixed tests |
|
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
| |
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). |
| Personal attention |
Personalized attention to clarify doubts (at the beginning of the period of teaching, each professor will indicate specific weekly hours). |
|
Description |
|
Personalized attention to clarify doubts (at the beginning of the period of teaching, each professor will indicate specific weekly hours). |
|
Methodologies |
Competences
|
Description |
Weight |
|
|
|
|
| Mixed tests |
|
Resolution of multiple choice questions throughout the semester. |
40% |
| Mixed tests |
|
Final exam on the official date: Resolution of multiple choice questions, short questions and/or exercises |
50% |
| Practical tests |
|
Solving cases, experiments, etc., throughout the semester |
10% |
| 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. |
| 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 |
|
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| Subjects that continue the syllabus |
|
| Subjects that are recommended to be taken simultaneously |
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(*)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. |
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