In globalized world, knowledge about international environment has become a requirement for those who operate in the economic reality. In this sense, this course tries to offer an overview of the features, problems and trends of International Economy. This seeks to understand how the world economy works in a context of continuous change, while analyzing the current problems facing international economic policy in its quest to improve the living standards of the population.
The study of the international economic environment is based on the economic models, addressed in the subjects of "Introduction to Economics" and "Intermediate Macroeconomics", trying to interpret the economic facts in the light of said theoretical models and the evolutionary dynamics provided by the subject "Economic History". Likewise, the study of the international economic reality, since requires the use of data processing techniques, is based on the contents of the “Business Statistics” subject.
This subject constitutes a frame of reference to face the study of the subject of "Spanish Economy", which the study plan places in the following year. It would be difficult to understand the economic problems of a country, the current trends in the markets or the framework in which its international relations are developed, without having a good knowledge of the conditioning factors and the opportunities offered by the world economy.
Lastly, it constitutes a starting point for the study of economic integration processes and specifically that carried out by European countries, which is dealt with in a much broader and more detailed way in the optional subject "Economy of the European Union".
Course competences | |
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Code | Description |
E07 | Understand the economic environment as a result and application of theoretical or formal representations on how the economy works. To do so, it will be necessary to be able to understand and use common handbooks, as well as articles and, in general, leading edge bibliography in the core subjects of the curriculum. |
E11 | Know the workings and consequences of the different economic systems |
E12 | Understand the role of institutions and agents in economic and social activities |
G02 | Ability to understand the ethical responsibility and the code of ethics of professionals working in the field of economics. To know and apply the legislation and recognition of human rights and questions of gender equality. |
G03 | Develop oral and written communication skills in order to prepare reports, research projects and business projects and defend them before any commission or group of professionals (specialised or non-specialised) in more than one language, by collecting relevant evidence and interpreting it appropriately so as to reach conclusions. |
G04 | Ability to use and develop information and communication technologies and to apply them to the corresponding business department by using specific programmes for these business areas. |
G05 | Capacity for teamwork, to lead, direct, plan and supervise multidisciplinary and multicultural teams in both national and international environments so as to create synergies which benefit organisations. |
Course learning outcomes | |
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Description | |
Search for information, analysis, interpretation, synthesis and transmission. | |
Know the models and analysis techniques of the economic and legal environment to which companies are currently facing, with special attention to the search for opportunities and the anticipation of possible changes. | |
Know the main theories and approaches of economic analysis to be able to explain the behavior of economic agents at the micro and macroeconomic levels, as well as the imperfections that may arise in different sectors as a consequence of the economic process. | |
Additional outcomes | |
Not established. |
The details of lessons, and the assessable activities and their completion date, will be provided in the Virtual Campus.
Training Activity | Methodology | Related Competences (only degrees before RD 822/2021) | ECTS | Hours | As | Com | Description | |
Class Attendance (theory) [ON-SITE] | Lectures | E07 E11 E12 G02 | 1.84 | 46 | N | N | ||
Class Attendance (practical) [ON-SITE] | Combination of methods | E07 E12 G03 G04 G05 | 1.2 | 30 | Y | N | ||
Other on-site activities [ON-SITE] | Combination of methods | E07 E12 G02 | 0.4 | 10 | Y | N | ||
Final test [ON-SITE] | Assessment tests | 0.16 | 4 | Y | Y | |||
Practicum and practical activities report writing or preparation [OFF-SITE] | Problem solving and exercises | E07 E11 E12 G02 G03 G04 G05 | 1.8 | 45 | Y | N | ||
Other off-site activity [OFF-SITE] | Combination of methods | E07 E11 E12 G02 G03 G04 G05 | 0.4 | 10 | Y | N | ||
Study and Exam Preparation [OFF-SITE] | Self-study | 3.2 | 80 | N | N | |||
Total: | 9 | 225 | ||||||
Total credits of in-class work: 3.6 | Total class time hours: 90 | |||||||
Total credits of out of class work: 5.4 | Total hours of out of class work: 135 |
As: Assessable training activity Com: Training activity of compulsory overcoming (It will be essential to overcome both continuous and non-continuous assessment).
Evaluation System | Continuous assessment | Non-continuous evaluation * | Description |
Other methods of assessment | 30.00% | 0.00% | Practice reports. Active participation. Preparation of projects. Case studies. |
Final test | 70.00% | 100.00% | Theoretical/practical exam |
Total: | 100.00% | 100.00% |
Not related to the syllabus/contents | |
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Hours | hours |
Class Attendance (theory) [PRESENCIAL][Lectures] | 46 |
Class Attendance (practical) [PRESENCIAL][Combination of methods] | 30 |
Other on-site activities [PRESENCIAL][Combination of methods] | 10 |
Final test [PRESENCIAL][Assessment tests] | 4 |
Practicum and practical activities report writing or preparation [AUTÓNOMA][Problem solving and exercises] | 45 |
Other off-site activity [AUTÓNOMA][Combination of methods] | 10 |
Study and Exam Preparation [AUTÓNOMA][Self-study] | 80 |
Global activity | |
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Activities | hours |