MICROE - Microeconomics

Transcription

1 Coordinating unit: Teaching unit: Academic year: Degree: ECTS credits: EUNCET - Euncet University Business School EUNCET - Euncet University Business School BACHELOR'S DEGREE IN BUSINESS ADMINISTRATION AND MANAGEMENT (Syllabus 2009). (Teaching unit Compulsory) 6 Teaching languages: Catalan Teaching staff Coordinator: Dra. PAOLA MASTRANTONIO RAMOS Degree competences to which the subject contributes Specific: 1. Understanding the functioning of the economic and social institutions as a result and application of formal models about how an economic system works. Generical: 2. TEAMWORK AND PEOPLE DEVELOPMENT_N2. Being able to work as a member of an interdisciplinary team either as a standard member or undertaking management and people development tasks with the aim of contributing to carrying out projects with pragmatism and sense of responsibility, and taking on commitments bearing in mind the available resources. Teaching methodology Class lecture and participation Independent work Learning based on exercises/case studies Learning objectives of the subject - Being able to understand the operations of the markets and the Government interventions with its policies. - Being able to know the consumer and producer behavior in order to understand how prices are set in market economy. - Being able to understand why the markets in imperfect competition are inefficient and how to differentiate among them and from the competition. Study load Total learning time: 150h Hours large group: 0h 0.00% Hours medium group: 37h 30m 25.00% Hours small group: 12h 30m 8.33% Guided activities: 12h 30m 8.33% Self study: 87h 30m 58.33% 1 / 5

2 Content Chapter 1. Review Learning time: 12h 30m Practical classes: 4h Guided activities: 3h Self study : 5h 30m 1. Supply and demand 2. Producer and consumer surplus 3. Elasticity Chapter 2. Market Intervention Learning time: 18h 45m Practical classes: 6h Guided activities: 4h 30m Self study : 8h 15m 1. Price control 2. Quantity control 3. Taxes 2 / 5

3 Chapter 3. Consumer Behaviour Learning time: 25h Practical classes: 8h Guided activities: 6h Self study : 11h 1. Utility 2. Budget and optimal consumption 3. From utility to the demand curve Chapter 4. Producer Behaviour Learning time: 18h 45m Practical classes: 6h Guided activities: 4h 30m Self study : 8h 15m 1. Income 2. Costs 3. Perfect competition and supply curve 3 / 5

4 Chapter 5. Imperfect Competition I Learning time: 37h 30m Practical classes: 12h Guided activities: 9h Self study : 16h 30m 1. Monopoly 2. Discriminatory monopoly 3. Monopoly earnings 4. Comparison with the competition Chapter 6. Imperfect Competition II Learning time: 25h Practical classes: 8h Guided activities: 6h Self study : 11h 1. Oligopoly 2. Monopolistic competition 4 / 5

5 Qualification system Final exam (60%) Continuous assessment (40%) The final grade for the course (FQ) is calculated from the following formula: FQ Mark = 60% Final Exam + Continuous assessment mark 40% Minimum mark Final Exam 40 points out of 100 The course is passed with a FQ equal or above 50 out of 100 Generic skills are evaluated from the activities undertaken throughout the course and are considered passed if the student gets a score equal to or higher than 3 on the assessment rubric. Regulations for carrying out activities A minimum mark of 40 out of 100 is required in the final exam to be able to average with the coursework mark, otherwise the final course mark will be a fail Bibliography Basic: Hortalà i Arau, J.. Teoria econòmica: microeconomia. Vicens Vives, Krugman, P. & Wells, R.. Microeconomía. Editorial Reverte, / 5