Guías Docentes Electrónicas
1. General information
Course:
TOPICS IN MICROECONOMICS AND MACROECONOMICS
Code:
54332
Type:
ELECTIVE
ECTS credits:
6
Degree:
320 - UNDERGRADUATE DEGREE IN BUSINESS MANAGEMENT AND ADMINISTRATION (CR)
Academic year:
2021-22
Center:
403 - FACULTY OF LAW AND SOCIAL SCIENCES OF C. REAL
Group(s):
20  29 
Year:
4
Duration:
First quarter
Main language:
Spanish
Second language:
English
Use of additional languages:
English Friendly:
Y
Web site:
Bilingual:
N
Lecturer: JULIO FLORENTINO DEL CORRAL CUERVO - Group(s): 20  29 
Building/Office
Department
Phone number
Email
Office hours
A-5
ANÁLISIS ECONÓMICO Y FINANZAS
3549
julio.corral@uclm.es

2. Pre-Requisites

It is advisable to have passed the intermediate Microeconomics and Macroeconomics courses.

Possess a remarkable mastery of Mathematics as a work tool.

Show readiness to read sources other than class notes and textbooks.

3. Justification in the curriculum, relation to other subjects and to the profession
The aim of the Microeconomics Complements section is to analyze, from the point of view of Microeconomics, one of the most important sectors of Western economies, such as Sport. It is also intended that students apply and expand knowledge in Econometrics from a purely practical point of view. For this, they will carry out weekly practices with one of the statistical / econometric packages most used in social science research such as Stata. In these practices, real data will be used, which will aim to help students learn to work with databases.

In the Macroeconomics Complements section, issues related to the core of a basic course in Intermediate Macroeconomics are presented, as an extension and deepening. In all cases, the theoretical analysis will be complemented with the study of concrete examples referring to the Spanish or European economy, using statistical data and empirical studies about the recent evolution of our macroeconomic environment.

4. Degree competences achieved in this course
Course competences
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.
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.
5. Objectives or Learning Outcomes
Course learning outcomes
Description
Know the tools and methods for the quantitative analysis of the company and its environment, including models for business decision making as well as economic forecast models.
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.
6. Units / Contents
  • Unit 1: Introduction to Sports Economics and Stata
  • Unit 2: Competitive balance. Review of Statistics and Econometrics
  • Unit 3: The labor market in sports.
  • Unit 4: Efficiency in sports: DEA and stochastic frontier models
  • Unit 5: Forecasting in sports: Cualitative response models (probit and logit)
  • Unit 6: Demand in sport: Panel data models
  • Unit 7: The betting market
  • Unit 8: Maps in Economics
  • Unit 9: Economic impact of sporting events
  • Unit 10: Fiscal policy
  • Unit 11: Monetary policy
7. Activities, Units/Modules and Methodology
Training Activity Methodology Related Competences ECTS Hours As Com Description
Class Attendance (theory) [ON-SITE] Cooperative / Collaborative Learning E07 1.2 30 Y N Classroom lectures on theory and contents
Writing of reports or projects [OFF-SITE] Self-study E07 G03 G04 3 75 Y Y Study of the theoretical classes and their application to practical issues
Class Attendance (practical) [ON-SITE] Combination of methods E07 G04 0.5 12.5 Y N Analysis and discussion of problems and practical cases. Promotion of forums and debates in class.
Final test [ON-SITE] E07 G03 G04 0.2 5 Y Y
Study and Exam Preparation [OFF-SITE] E07 G03 G04 1.1 27.5 Y N Development and monitoring of the preparation of work supervised, as well as study of the theoretical classes and preparation of the final test.
Total: 6 150
Total credits of in-class work: 1.9 Total class time hours: 47.5
Total credits of out of class work: 4.1 Total hours of out of class work: 102.5

As: Assessable training activity
Com: Training activity of compulsory overcoming (It will be essential to overcome both continuous and non-continuous assessment).

8. Evaluation criteria and Grading System
Evaluation System Continuous assessment Non-continuous evaluation * Description
Final test 30.00% 100.00%
Practicum and practical activities reports assessment 70.00% 0.00%
Total: 100.00% 100.00%  
According to art. 6 of the UCLM Student Evaluation Regulations, it must be provided to students who cannot regularly attend face-to-face training activities the passing of the subject, having the right (art. 13.2) to be globally graded, in 2 annual calls per subject , an ordinary and an extraordinary one (evaluating 100% of the competences).

Evaluation criteria for the final exam:
  • Continuous assessment:
    As the subject is divided into two parts the grade of the subject will be the average of the parts of the subject (it is customary that both parts have been approved). The base of the evaluation system of the part of Microeconomics Complements are the weekly practices. Students who deliver all practices with a certain level of quality will pass the Microeconomics part. Additional score is achieved by intervening in class and doing voluntary exercises proposed by the professor in class. It will be mandatory the presentation of some practice throughout the course.
  • Non-continuous evaluation:
    Evaluation criteria not defined

Specifications for the resit/retake exam:
The evaluation will be based on a final test
Specifications for the second resit / retake exam:
The evaluation will be based on a final test
9. Assignments, course calendar and important dates
Not related to the syllabus/contents
Hours hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 5
Writing of reports or projects [AUTÓNOMA][Self-study] 14
Class Attendance (practical) [PRESENCIAL][Combination of methods] 2.5
Final test [PRESENCIAL][] 5
Study and Exam Preparation [AUTÓNOMA][] 6.5

Unit 1 (de 11): Introduction to Sports Economics and Stata
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 2
Writing of reports or projects [AUTÓNOMA][Self-study] 6
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 3
Group 20:
Initial date: 11-09-2018 End date: 20-12-2018

Unit 2 (de 11): Competitive balance. Review of Statistics and Econometrics
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 3
Writing of reports or projects [AUTÓNOMA][Self-study] 9
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 2
Group 20:
Initial date: 16-09-2016 End date: 20-09-2016

Unit 3 (de 11): The labor market in sports.
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 3
Writing of reports or projects [AUTÓNOMA][Self-study] 6
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 2
Group 20:
Initial date: 23-09-2016 End date: 27-09-2016

Unit 4 (de 11): Efficiency in sports: DEA and stochastic frontier models
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 2
Writing of reports or projects [AUTÓNOMA][Self-study] 6
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 2
Group 20:
Initial date: 01-10-2016 End date: 04-10-2016

Unit 5 (de 11): Forecasting in sports: Cualitative response models (probit and logit)
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 2
Writing of reports or projects [AUTÓNOMA][Self-study] 6
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 1
Group 20:
Initial date: 07-10-2016 End date: 11-10-2016

Unit 6 (de 11): Demand in sport: Panel data models
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 2
Writing of reports or projects [AUTÓNOMA][Self-study] 6
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 1
Group 20:
Initial date: 14-10-2016 End date: 18-10-2016

Unit 7 (de 11): The betting market
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 2
Writing of reports or projects [AUTÓNOMA][Self-study] 6
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 1
Group 20:
Initial date: 21-10-2016 End date: 25-10-2016

Unit 9 (de 11): Economic impact of sporting events
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 3
Writing of reports or projects [AUTÓNOMA][Self-study] 4
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 4
Group 20:
Initial date: 28-10-2016 End date: 08-11-2016

Unit 10 (de 11): Fiscal policy
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 3
Writing of reports or projects [AUTÓNOMA][Self-study] 6
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 1
Group 20:
Initial date: 11-11-2016 End date: 22-11-2016

Unit 11 (de 11): Monetary policy
Activities Hours
Class Attendance (theory) [PRESENCIAL][Cooperative / Collaborative Learning] 3
Writing of reports or projects [AUTÓNOMA][Self-study] 6
Class Attendance (practical) [PRESENCIAL][Combination of methods] 1
Study and Exam Preparation [AUTÓNOMA][] 1
Group 20:
Initial date: 25-11-2016 End date: 13-12-2016

Global activity
Activities hours
10. Bibliography and Sources
Author(s) Title Book/Journal Citv Publishing house ISBN Year Description Link Catálogo biblioteca
Bajo Rubio, Óscar; Díaz Roldán, Carmen Teoría y política macroeconómica Antoni Bosch 978-84-95348-63-0 2011 Ficha de la biblioteca



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