| Competences |
| Type A | Code | Competences Specific |
| A1 | Understand the basic micro-and macroeconomic principles involved in business management. | |
| Type B | Code | Competences Transversal |
| B4 | Autonomy, responsibility and initiative | |
| Type C | Code | Competences Nuclear |
| C1 | Have an intermediate mastery of a foreign language, preferably English | |
| C3 | Be able to manage information and knowledge | |
| C4 | Be able to express themselves correctly both orally and in writing in one of the two official languages of the URV |
| Learning outcomes |
| Type A | Code | Learning outcomes |
| A1 |
Assess the situation of an economy, and understand how it works and what effects economic policies have. Understand macroeconomic aggregates and their implications for the economy. Explain the macroeconomic effects of fiscal and monetary policies. | |
| Type B | Code | Learning outcomes |
| B4 |
Do the work planned in accordance with the quality criteria provided. Decide how to manage and organize work and time. Decide how to do a particular job so that it is of the highest quality possible. Decide what needs to be done for a particular job/project and do it according to schedule. | |
| Type C | Code | Learning outcomes |
| C1 |
Understand routine information and articles. Take notes during a class. | |
| C3 |
Locate and access information effectively and efficiently. | |
| C4 |
Produce well-structured, clear and rich written texts |
| Contents |
| Topic | Sub-topic |
| TOPIC 1: Variables and basic concepts | 1.1. Macroeconomic problems 1.2. The main macroeconomic variables 1.3. Economic cycles, growth and quality of life |
| TOPIC 2: The real sector of the economy | 2.1. The components of aggregate demand 2.2. The income-expenditure model 2.3. Equilibrium in the goods and services market, and the IS function |
| TOPIC 3: The monetary sector of the economy | 3.1. The functions of money and the demand for money 3.2. The banking system, the creation of money, central banks and the money supply 3.3. Equilibrium in the monetary sector and the LM function |
| TOPIC 4: The IS-LM model | 4.1. Simultaneous equilibrium in the goods market and in the money market 4.2. The effectiveness of fiscal policies 4.3. The effectiveness of monetary policies |
| TOPIC 5: the aggregate demand - aggregate supply model | 5.1. The relationship between aggregate demand and output, and the price level 5.2. The AD-AS equilibrium and macroeconomic policies 5.3. The labor market, unemployment and inflation (Phillips curve) |
| TOPIC 6: Open Economies | 6.1. Foreign trade and the balance of payments 6.2. The foreign exchange market and exchange rates 6.3. Economic and monetary integration |
| Planning |
| Methodologies :: Tests | ||||||||||
| Competences | (*) Class hours |
Hours outside the classroom |
(**) Total hours | |||||||
| Introductory activities |
|
1 | 0 | 1 | ||||||
| Lecture |
|
16 | 24 | 40 | ||||||
| Problem solving, exercises |
|
20 | 30 | 50 | ||||||
| Problem solving, exercises in the classroom |
|
20 | 36 | 56 | ||||||
| Personal attention |
|
1 | 0 | 1 | ||||||
| (*) 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 | Activities designed to make contact with students, collect information from them and introduce the subject. |
| Lecture | Description of the contents of the subject, raising questions and proposing real life situations to be studied with the analysis presented. |
| Problem solving, exercises | Formulation, analysis, resolution and debate of a problem or exercise related to the topic of the subject, by the student. |
| Problem solving, exercises in the classroom | Formulation, analysis, resolution and debate of a problem or exercise related to the topic of the subject. |
| Personal attention | Use of student services hours to resolve issues and answer specific questions. |
| Personalized attention |
| Description |
| <p> The professor responsible for each group will inform the students of their attendance hours. </p> |
| Assessment |
| Methodologies | Competences | Description | Weight | ||||
| Others | Partial Test 1 (10%) Partial Test 2 (20%) Classroom activities and work (20%) Final Continuous Assessment Exam (a minimum grade of 4 must be obtained in this exam in order to be assessed with the continuous assessment system of the first call). If a minimum of 4 points is not obtained in the final exam, the grade of the first call will be the grade of this exam. |
50% 50% |
| Other comments and second exam session | |||
|
The evaluation in the Second Call will be carried out with a Single Final Exam, which will account for 100% of the grade. |
|||
| Sources of information |
| Basic |
Mankiw, N.B., Principios de Economía, (2017), Cengage Learning Editores. México, D.C.
Krugman, P. i Wells, R., Macroeconomía, 3a ed., (2016), Editorial Reverté. Barcelona |
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Any manual entitled "Principles of Macroeconomics", "Introduction to Macroeconomics" or simply "Macroeconomics" (if the level of the text is not higher than an intermediate level) can be used to prepare the contents of the subject. The Macroeconomics part of books with titles such as "Principles of Economics", "Fundamentals of Economics", "Introduction to Economics" or simply "Economics" can also be used. |
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| Complementary | |||||||||
| Recommendations |
(*)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.