Guías Docentes Electrónicas
1. General information
Course:
INDUSTRIAL ECONOMICS AND LABOUR MARKETS
Code:
43311
Type:
CORE COURSE
ECTS credits:
6
Degree:
325 - UNDERGRADUATE DEGREE IN LABOUR RELATIONS AND HUMAN RESOURCES DEVELOPMENT (AB)
Academic year:
2022-23
Center:
111 - FACULTY OF INDUSTRIAL RELATIONS AND HUMAN RESOURCES OF ALBACETE
Group(s):
10 
Year:
2
Duration:
First semester
Main language:
Spanish
Second language:
Use of additional languages:
English Friendly:
Y
Web site:
Bilingual:
N
Lecturer: MARIA ANGELES DAVIA RODRIGUEZ - Group(s): 10 
Building/Office
Department
Phone number
Email
Office hours
2.05
ECO .ESP. E INT.,ECONOMET. E Hª E INS.EC
926053378
mangeles.davia@uclm.es

Lecturer: ANGELA TRIGUERO CANO - Group(s): 10 
Building/Office
Department
Phone number
Email
Office hours
Despacho 2.03
ECO .ESP. E INT.,ECONOMET. E Hª E INS.EC
angela.triguero@uclm.es

2. Pre-Requisites

No previous requirements stablished. Having passed the subjects in the first academic year is advisable as, in order to understand the performance of markets – and, in particular, the labour market – students will need basic previous knowledge in Economics, Law, Sociology and Social History. It is also important to be used to search for economic statistics/ indicators and to do bibliographic searches, as well as using computing tools for statistical analysis, such as spread-sheets (Excel). Good command of English will also help in reading supplementary texts, particularly in certain issues in which it is relevant to know the experience from different countries.

3. Justification in the curriculum, relation to other subjects and to the profession

The subject is firstly devoted to the analysis of product markets and firms behaviour in those markets (Industrial Economics). Then it entails with the study of the labour market (Labour Economics). Both issues are combined in the same subject because it is very important for the student in Industrial Relations and Human Resources Management to understand the performance of product markets as a pre-requisite to understand the labour market.it is well-known that the demand for labour is a derived demand, this is, the needed amount of labour will be dependent on the needs from the goods and services production processes. Disconnecting the analysis of product and labour markets have caused harmful effects for both Economics –as a science- and labour market policies. Unemployment and wage problems have been often been attributed to high wages and rigidities in the labour market, when in fact they were based in the lack of competition in the product markets and vice-versa. Integrating both aspects in a unique subject will prevent this disconnection. 

 


4. Degree competences achieved in this course
Course competences
Code Description
E18 Ability to support, advise and monitor the implementation of territorial strategies for socioeconomic promotion and job placement.
E19 Ability to advise on the design and management of risk prevention systems and on liability for non-compliance in matters of prevention.
G01 Ability to understand the structure and functioning of the product and labor markets.
G02 Capacity for legal reasoning and interpretation, understanding the general theory of legal norms.
G04 Familiarity with the main aspects of corporate and labor taxation.
G05 Ability to understand and advise on the different forms of legal organization of business activities.
G06 Ability to draft and interpret contracts and to advise on civil liability.
5. Objectives or Learning Outcomes
Course learning outcomes
Description
Development of professional activities in accordance with ethical principles and respect for fundamental rights.
Appropriate use of ICTs.
Understanding texts and materials in a foreign language.
Exhibition and defense of matters related to the subject.
Analyze the structure and functioning of product and labor markets.
Seeking, analyzing and summarizing information.
Know and understand the basic concepts of economics.
Additional outcomes
Description
Assessing the limitations of price competition models versus Non-price competition on market performance and wage determination, as well as in the consequences of design and implementation of firm, market and public policies through the study of production costs and the determinants of productivity.
Understanding the impact of innovation and firms competitive strategies on the performance of markets, particularly as regards employment and workers¿ socio-economic conditions.
Understanding the key issues in the structure and performance of both products and labour markets, from the existence (or lack) of competition and the policies addressed to ensure an effective competition in the markets and provide consumers with the benefits of a free market system.
Being able to assess the role of trade unions and collective bargaining on innovation and on the performance / functioning of products and labour markets.
6. Units / Contents
  • Unit 1: ORGANIZATION OF PRODUCT MARKETS
  • Unit 2: COMPETITIVE STRATEGIES
  • Unit 3: INNOVATION AND TECHNOLOGICAL CHANGE
  • Unit 4: REGULATION, AND COMPETITION DEFENSE POLICY
  • Unit 5: EMPLOYMENT AND UNEMPLOYMENT
  • Unit 6: PRODUCTIVITY AND LABOUR COST
  • Unit 7: TRADE UNIONS AND COLLECTIVE BARGAINING
  • Unit 8: EMPLOYMENT POLICIES AND INCOME MANTAINING POLICIES
ADDITIONAL COMMENTS, REMARKS

PART I – Structure and performance of product markets (INDUSTRIAL ECONOMICS) (Units 1 to 4)

PART II –Labour market and employment policies (LABOUR ECONOMICS) (Units 5 to 8)

The details from each unit will be provided in the on-line platform Campus Virtual.


7. Activities, Units/Modules and Methodology
Training Activity Methodology Related Competences (only degrees before RD 822/2021) ECTS Hours As Com Description
Problem solving and/or case studies [ON-SITE] Practical or hands-on activities E18 E19 G02 G04 0.3 7.5 Y N The instructor will devote this section to supervise and explain exercises and practical tasks with the group of students in each practical session (students will split in two groups if the number of pupils registered in the subject is large enough). This teaching must allow students to develop in an autonomous way the different assessable tasks proposed by the instructor.
Class Attendance (theory) [ON-SITE] Lectures E18 E19 G01 1.5 37.5 N N The instructor will explain the most difficult and/or important aspects of the 8 units in the programme. These explanations should be completed with the study of a recommended reading list. These classes will take place with the whole group of students.
Other on-site activities [ON-SITE] Combination of methods E18 E19 G02 G06 0.5 12.5 Y N ve / collaborative learning will be enhanced by using different tools (debates, role games, teamwork¿).
Final test [ON-SITE] Assessment tests E18 E19 G01 G02 0.1 2.5 Y Y The final written assessment will be made up by different questions relative to theoretical issues, the definition of basic concepts and numerical exercises/tasks. The minimum mark in the written assignment in order to pass the subject will be 5.0 points over 10 (equivalent to 3 points in the overall mark).
Study and Exam Preparation [OFF-SITE] Self-study E18 E19 1.8 45 N N In order to understand and acquire the basic concepts within the syllabus the student is expected to devote time to study in an autonomous way.
Other off-site activity [OFF-SITE] Case Studies E18 E19 G01 G02 G04 1 25 Y N Firm competitive strategies will be analysed: case studies will ease the learning of concepts and understanding of the performance in product and labour markets.
Other off-site activity [OFF-SITE] Problem solving and exercises E18 E19 G01 0.3 7.5 Y N Official reports (from the European Commission, the IMF, the National Commission on Markets and Competition (CNMC),¿) as well as official statistics sources (Labour Force Survey, amongst others) in order to solve the tasks / exercises proposed by the instructor(s). This activity may entail the search for particular data and the computation of several indicators.
Other off-site activity [OFF-SITE] Reading and Analysis of Reviews and Articles E18 E19 G01 G02 G04 0.5 12.5 Y N Synthesis of supplementary readings and reporting answers to questionnaires based on recommended supplementary readings.
Total: 6 150
Total credits of in-class work: 2.4 Total class time hours: 60
Total credits of out of class work: 3.6 Total hours of out of class work: 90

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
Other methods of assessment 30.00% 0.00% The final written assessment will be made up by different questions relative to theoretical issues, the definition of basic concepts and numerical exercises/tasks.
The minimum necessary mark in the written assignment in order to pass the subject will be 5.0 points over 10.
Final test 70.00% 100.00% This includes tasks and exercises solving, text comments, quizzes to test knowledge acquisition, active participation in the classroom and in virtual academic forums, individual and group essays, among other activities
Total: 100.00% 100.00%  
According to art. 4 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. 12.2) 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:
    The final written assessment will take place in the date indicated by the school. The mark obtained in the final written assessment will be weighed and added to the marks obtained in other assessable activities submitted during the term only if it is equal or higher than 4 (over 10). Students who, regardless they have submitted evaluation activities, prefer to be assessed with the non-continuous evaluation system, must inform the instructor before the end of the teaching term. And the assessment of participation in class for those students will be substituted with participation in an online forum.
  • Non-continuous evaluation:
    Students who cannot attend class will be able to submit the practical exercises online, via Moodle, before the final exam. Students who, regardless they have submitted evaluation activities, o refer to be assessed with the non-continuous evaluation system, must inform the instructor before the end of the teaching term. And the assessment of participation in class for those students will be substituted with participation in an online forum.

Specifications for the resit/retake exam:
Marks for practical exercises and essays will be taken into account in the re-sit of the exam. As regards evaluation activities from the continuous assessment, they will be retaken through specific tasks that can be included in the final exam. It is essential to inform the instructor about the intention to re-assess those tasks before the resit exams period starts. For those students, the mark concerning participation in the classroom may be as well recovered through participation in online forums before the written retake exam takes place.
Specifications for the second resit / retake exam:
The assessment will take place on a single written exam. In order to pass the subject the student needs a minimum mark of 5 (over 10).
9. Assignments, course calendar and important dates
Not related to the syllabus/contents
Hours hours

10. Bibliography and Sources
Author(s) Title Book/Journal Citv Publishing house ISBN Year Description Link Catálogo biblioteca
Cabral, L. Economía industrial Madrid McGraw-Hill 84-481-0996-1 1998  
Callejón, M. (coord.) Economía industrial Madrid Civitas Edicions de la Universitat Oberta de 84-470-1586-6 2001  
Cebrián, Inmaculada (coord.) Precarización y empobrecimiento de la población trabajadora en España Alcalá de Henares Universidad de Alcalá 9788416978021 2017  
Clarke, R. Economía industrial Madrid Colegio de Economistas de Madrid Celeste Edic 84-87553-47-8 1993  
Comisión Europea La política de competencia de la UE y los consumidores Luxemburgo Comunidades Europeas 92-894-6570-0 2005  
Fernández-Quijada, D. La innovación tecnológica : creación, difusión y adopción de las TIC Barcelona UOC 978-84-9029-250-1 2013  
Jacquelin, A. Economía industrial : estructuras de mercado y estrategias empresariales Madrid Hispano Europea 84-255-0630-1 1999  
Jimeno, Juan F. Crecimiento y empleo : una relación turbulenta e incomprendida Barcelona RBA 978-84-9056-744-9 2016  
Martínez Moure, Olga Mercado de Trabajo y Empleo Madrid Centro de Estudios Financieros 978-84-454-4130-5 2021  
Palacio Morena, J. y Alvarez Aledo, C. El mercado de trabajo: análisis y políticas Madrid Akal 84-460-1642-7 2004  
Pascual, J. y Marcial, V. Mercado, competencia y Estado Marcial Pons 978-84-15664-34-5 2013  
Santos Miguel Ruesga Benito...[et al]. Reformas laborales en la Gran Recesión Valencia Editorial Tirant lo Blanch 978-84-9119-322-7 2016  
Santos Ruesga (dir) y otros Economía del Trabajo y Política Laboral (2ª edición) Madrid Pirámide 978-84-368-3246-4 2014  



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