Economía II (BBA60001)
General information
Type: |
BAS |
Curs: |
1 |
Period: |
S semester |
ECTS Credits: |
6 ECTS |
Teaching Staff:
Group |
Teacher |
Department |
Language |
Sec: A |
Josep Comajuncosa Ferrer |
Economía, Finanzas y Contabilidad |
CAT |
Group |
Teacher |
Department |
Language |
Sec: B |
Josep Comajuncosa Ferrer |
Economía, Finanzas y Contabilidad |
ESP |
Group |
Teacher |
Department |
Language |
Sec: C |
Josep Comajuncosa Ferrer |
Economía, Finanzas y Contabilidad |
CAT |
Sec: C |
Calin Arcalean |
Economía, Finanzas y Contabilidad |
CAT |
Sec: C |
Anna Laborda Coronil |
Economía, Finanzas y Contabilidad |
CAT |
Previous Knowledge
Economics I
Mathematical Analysis (comprehension of graphs, equations, derivative rules and partial derivatives)
Workload distribution
Workload distribution:
Lectures: 45 hours
Participatory sessions: 15 hours
Independent study: 83 hours
Exam: 8 jpirs
COURSE CONTRIBUTION TO PROGRAM
The Economics II course forms part of BBA students' economics training and therefore makes the following contributions to the programme along with the department's other courses:
1) Develop students' ability for analysis, their mental acumen and critical outlook in relation to problems and economic relationships between companies and their environments.
2) Provide the highest level of professional training and the information necessary for those going on to a career in business or management.
Course Learning Objectives
Upon successfully completing this course, students should:
1) Have acquired the necessary knowledge and tools to be able to analyse and interpret real situations from an economic perspective and
2) Be able to critically examine the ways in which aggregate economy and macroeconomic policies function, all the while considering issues related to social responsibility.
Based on these global objectives, we will aim to achieve a series of specific objectives linked to various competences:
A. Present reference frameworks, theories and tools as well as the key information for their use when analysing different scenarios/case studies and when proposing measures/ solutions to improve them.
B. Enable the definition of concepts, theories and models.
C. Promote the integration and structuring of the knowledge acquired in the course by completing assignments designed for this purpose.
D. Promote a critical approach to the analysis of real scenarios, above all in Economics.
Competences
6. Strategic thought, systematic thought |
2. Application of knowledge to achieve results |
7. Comprehension of the complexity of the local and global contexts |
1. Knowledge acquisition, comprehension and structuring |
Relation between Activities and Competences
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6 |
2 |
7 |
1 |
Lecture classes |
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Practical sessions |
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Tests |
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Exams |
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Completion of case studies and/or a market study |
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Conceptual maps |
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Tutorials |
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CONTENT
1. Introduction to Macroeconomic Variables Introduction to Macroeconomics. National accounting. Inflation and deflation. Unemployment. |
2. Fiscal Policy. The Income-Expense Model. Public sector accounts. Fiscal policy instruments and objectives. Public deficit and public debt. Determining the production-income equilibrium. Public expense multiplier. |
3. The Financial Sector. Central Banks and Monetary Policy The banking system. Implementing monetary policy. Conventional and unconvential monetary policies. |
4. The IS-LM Model Analysis of the effects of fiscal and monetary policies. "Crowding out" effect. Accommodating policies. Financial markets and expectations.
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5. The Aggregate Supply and Demand Model Analysis of the effects fiscal and monetary policies have on production and equilibrium price leves. Supply policies. Supply and demand "shocks" |
6. Economic Growth Aggregate production function. Work productivity. Determinants of economic growth. |
7. The Great Recession The 2007-2009 Global Recession. 2010-2015 Euro Zone crises: causes and development. |
Relation between Activities and Contents
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2 |
3 |
4 |
5 |
6 |
7 |
Lecture classes |
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Practical sessions |
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Tests |
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Exams |
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Completion of case studies and/or a market study |
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Conceptual maps |
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Tutorials |
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Methodology
ASSESSMENT
ASSESSMENT BREAKDOWN
Description |
% |
Practical sessions |
5 |
Tests |
20 |
Exams |
75 |
Assessment criteria
Students will sit two exams throughout the course: one mid-term exam (on the first half of the course content) and a final exam (on all the course material).
Faculty will also assess students on their attendance and participation in both lecture classes and participatory sessions.
Students' final marks for the course are based on the following:
Final exam: 60% of the final mark
Mid-term exam: 30%
Class participation: 10%
Bibliography
Blanchard, Olivier; Macroeconomía (5th edition) . Editorial Pentice Hall, 2012
Blanchard, O , Amighini, A. & Giavazzi, P.; Macroeconomics. A European Perspective (2nd edition). Pearson, 2013
Dornbusch, R. & Fischer, S.; Macroeconomía (10th edition) McGraw-Hill, 2009
Timetable and sections
Group |
Teacher |
Department |
Sec: A |
Josep Comajuncosa Ferrer |
Economía, Finanzas y Contabilidad |
Horari Sec: A
From 2016/2/9 to 2016/3/9:
Each Wednesday from 12:30 to 14:00.
Each Wednesday from 11:00 to 12:30.
Each Tuesday from 8:00 to 11:00.
From 2016/3/29 to 2016/4/27:
Each Wednesday from 12:30 to 14:00.
Each Wednesday from 11:00 to 12:30.
Each Tuesday from 8:00 to 11:00.
Group |
Teacher |
Department |
Sec: B |
Josep Comajuncosa Ferrer |
Economía, Finanzas y Contabilidad |
Horari Sec: B
From 2016/2/9 to 2016/3/2:
Each Wednesday from 17:00 to 18:30.
Each Wednesday from 18:30 to 20:00.
Each Tuesday from 14:00 to 17:00.
From 2016/3/29 to 2016/4/27:
Each Wednesday from 17:00 to 18:30.
Each Wednesday from 18:30 to 20:00.
Each Tuesday from 14:00 to 17:00.
Group |
Teacher |
Department |
Sec: C |
Josep Comajuncosa Ferrer |
Economía, Finanzas y Contabilidad |
Sec: C |
Calin Arcalean |
Economía, Finanzas y Contabilidad |
Sec: C |
Anna Laborda Coronil |
Economía, Finanzas y Contabilidad |
Horari Sec: C
From 2016/2/9 to 2016/3/9:
Each Wednesday from 9:30 to 11:00.
Each Wednesday from 8:00 to 9:30.
Each Tuesday from 11:00 to 14:00.
From 2016/3/29 to 2016/4/27:
Each Wednesday from 9:30 to 11:00.
Each Wednesday from 8:00 to 9:30.
Each Tuesday from 11:00 to 14:00.