A previous requirement has not been established. However, it is appealing to have passed Introduction to Economics.
Microeconomics is taught in the first semester of the second year of the Degree in Business Administration. The subject continues with the necessary training in economics initiated in Introduction to Economics, and its fundamental objective is oriented towards students' understanding of the rational behaviour theory of economic agents. The analysis of the economic reality implies the theoretical systematisation of the human and social behaviour and the decision making while the resources are scarce.
Microeconomics focus on the development of the concepts and competencies acquired by the students in the subject of Introduction to Economics. The program will review the study of the market behaviour of the different economic agents from which the demand and supply functions are estimated, to continue with the analysis of the different structures market (competitive and non-competitive markets).
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 |
E13 | Ability to make logical representative models of the business reality |
G01 | Possession of the skills needed for continuous, self-led, independent learning, which will allow students to develop the learning abilities needed to undertake further study with a high degree of independence. |
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 | |
Listen, negotiate, convince and defend arguments both in oral and writing ways. | |
Work autonomously and with personal initiative. | |
Search for information in order to analyze it, interpret is meaning, synthesize it and communicate it to others. | |
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. | |
Work out problems in creative and innovative ways. | |
Additional outcomes | |
Description | |
Finally, the objective to be achieved is a better understanding of the economic environment (which will facilitate or enable him to study other subjects in the degree, and for his future professional development), fostering his ability to search and process information, work both autonomously, as a member of a working team and express themselves correctly. |
Training Activity | Methodology | Related Competences (only degrees before RD 822/2021) | ECTS | Hours | As | Com | Description | |
Class Attendance (theory) [ON-SITE] | Lectures | E11 E13 G01 | 1.38 | 34.5 | N | N | ||
Class Attendance (practical) [ON-SITE] | Problem solving and exercises | G01 G03 G04 G05 | 0.8 | 20 | Y | N | ||
Project or Topic Presentations [ON-SITE] | Cooperative / Collaborative Learning | E11 E13 G01 G03 G04 G05 | 0.1 | 2.5 | Y | N | ||
Final test [ON-SITE] | Assessment tests | E07 E11 E13 G01 | 0.12 | 3 | Y | Y | ||
Study and Exam Preparation [OFF-SITE] | Self-study | G01 | 1.6 | 40 | N | N | ||
Practicum and practical activities report writing or preparation [OFF-SITE] | Cooperative / Collaborative Learning | E07 E11 E13 G01 G03 G04 G05 | 1 | 25 | Y | N | ||
Writing of reports or projects [OFF-SITE] | Cooperative / Collaborative Learning | G05 | 1 | 25 | Y | N | ||
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).
Evaluation System | Continuous assessment | Non-continuous evaluation * | Description |
Final test | 65.00% | 100.00% | The final test consist on multiple choice question plus some (one or two) exercises. |
Assessment of problem solving and/or case studies | 35.00% | 0.00% | Resolution of problems or case studies, progress tests, group work and other exercises requested throughout the course. |
Total: | 100.00% | 100.00% |
Not related to the syllabus/contents | |
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Hours | hours |
Class Attendance (theory) [PRESENCIAL][Lectures] | 34.5 |
Class Attendance (practical) [PRESENCIAL][Problem solving and exercises] | 20 |
Project or Topic Presentations [PRESENCIAL][Cooperative / Collaborative Learning] | 2.5 |
Final test [PRESENCIAL][Assessment tests] | 3 |
Study and Exam Preparation [AUTÓNOMA][Self-study] | 40 |
Practicum and practical activities report writing or preparation [AUTÓNOMA][Cooperative / Collaborative Learning] | 25 |
Writing of reports or projects [AUTÓNOMA][Cooperative / Collaborative Learning] | 25 |
Global activity | |
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Activities | hours |