IDENTIFYING DATA 2015_16
Subject (*) MACROECONOMY Code 16234118
Study programme
Bachelor's Degree in Business Administration and Management (CTE)
Cycle 1st
Descriptors Credits Type Year Period
6 Compulsory Second 2Q
Language
Català
Department Economia
Coordinator
FARRÉ ALBENDEA, FRANCISCO JAVIER
E-mail xavier.farre@urv.cat
cinta.subirats@urv.cat
Lecturers
FARRÉ ALBENDEA, FRANCISCO JAVIER
SUBIRATS PLA, CINTA
Web
General description and relevant information Desenvolupament i anàlisi de l'evolució de variables macroeconòmiques fonamentals (PIB, tipus d'interès, tipus de canvi, inflació, taxa d'atur, etc.) a curt, a mitjà i a llarg termini. Amb aquesta finalitat s'utilitzaran models que permetin comprendre les relacions entre les variables i els efectes de polítiques macroeconòmiques.

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
 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 Analyze the short term: they can explain (i) the effects of monetary and fiscal policies in a closed economy and an open economy and (ii) the adjustment of an economy with an external imbalance.
Analyze the short- and medium-term: they can explain monetary, fiscal and supply policies in an open economy, and economic adjustments in situations of imbalance.
Analyze the role of expectations in macroeconomic analysis.
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
 C4 Produce well-structured, clear and rich written texts
Produce written texts that are appropriate to the communicative situation

Contents
Topic Sub-topic
1. Fiscal and monetary policy in the short term • Introduction
• The market for goods and the IS curve
• The market for money and the LM curve
• Equilibrium
• Fiscal Policy
• Monetary Policy
2. Demand policies and the exchange rate • International trade and the foreign exchange market
• Equilibrium in an open economy
• Balance of Payments
• Monetary, fiscal and exchange rate policy in an open economy
3. The economy in the medium-term: the AS-AD model • Aggregate demand
• The labour market and aggregate supply
• Equilibrium
• Fiscal, monetary and supply policies
• Open economy
4. Expectations • Expectations in economic theory
• Adaptive expectations
• Rational expectations
• Application to the AS-AD model
5. Economic growth • Growth facts
• Saving
• Technological progress

Planning
Methodologies  ::  Tests
  Competences (*) Class hours
Hours outside the classroom
(**) Total hours
Introductory activities
1 0 1
Lecture
A1
35 35 70
Problem solving, classroom exercises
A1
B4
C4
10 20 30
Case study
A1
B4
C4
9 20 29
Personal tuition
1 0 1
 
Extended-answer tests
A1
C4
6 5 11
Objective multiple-choice tests
A1
B4
4 4 8
 
(*) 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
Methodologies
  Description
Introductory activities Activitats encaminades a prendre contacte i a recollir informació dels alumnes i presentació de l’assignatura.
Lecture Exposició dels continguts de l'assignatura i plantejament de qüestions i situacions a tractar amb l'anàlisi exposat.
Problem solving, classroom exercises Formulació, anàlisi, resolució i debat d'un problema o exercici, relacionat amb la temàtica de l'assignatura.
Case study Plantejament d’una situació (real o simulada) en la que ha de treballar l’estudiant per donar una solució argumentada al tema, resoldre una sèrie de preguntes concretes o realitzar una reflexió global.
Personal tuition Utilització de les hores d'atenció a l'estudiant per resoldre qüestions i dubtes concrets.

Personalized attention
Description
L'horari d'atenció es comunicarà el primer dia de classe.

Assessment
Methodologies Competences Description Weight        
Extended-answer tests
A1
C4
Es faran dues proves parcials al llarg del curs que suposaràn el 40% de la nota (20% cadascuna) i una prova final integral en la data oficial de la primera convocatòria que suposarà el 50%. 20%
20%
50%
Objective multiple-choice tests
A1
B4
Es faran una sèrie de proves curtes tipus test al final d'alguns temes, que suposaran un total del 10% de la nota. 10%
Others  

.

 
Other comments and second exam session

Si l'alumne no segueix l'avaluació continuada, hauria de contactar al professor responsable de l'assignatura durant la primera setmana del curs.

A la segona convocatòria es farà un examen que suposarà el 100% de la qualificació.


Sources of information

Basic R. Dornbusch, S. Fischer, R. Startz, Macroeconomía, 10a, McGrawHill
O. Blanchard, Macroeconomía, 4a, Pearson Prentice Hall

Complementary

Recommendations


Subjects that it is recommended to have taken before
INTRODUCTION TO MACROECONOMICS/16214005
(*)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.