Course code: 176101 | Subject title: BUSINESS ECONOMICS | ||||
Credits: 6 | Type of subject: Basic | Year: 1 | Period: 1º S | ||
Department: Business Administration | |||||
Lecturers: | |||||
URTASUN ALONSO, AINHOA [Mentoring ] |
This course explains the nature of business and its environment. In addition, a detailed examination of the essential value-chain business functions necessary to create goods and services that people will want to buy is provided.
The main objective is to provide students with a global and integrated picture approach to the firm.
Regarding the generic competences students should acquire in this course:
CG01. Analysis and synthesis skills
CG08. Decision making skills
CG09. Team work skills
CG12. Social skills
CG15. Ethic behavior in the job
CG16. Working in stressful environments
CG17 Self-directed learning
This course provides the following specific competences:
CE02. Identify relevant economic information and its content
CE03. Recognize information from data in a professional way
CE04. Apply professional criteria and technical tools to solve business problems
CE13. Identify the firm as a system and recognize the existing interdependences among the different functional areas
* Lectures: I will lecture on the topics listed in the course outline, covering some of the material presented in the textbook. I will invite class discussion and ask questions, and I will call on people (using the class list) to answer them. I recommend students reading the textbook and any additional assigned reading before the class meeting. Each unit will be covered by theoretical and practical sessions. The theoretical sessions will take place within the “big group”, will all the students registered in the course, and the practical sessions will take place within “small groups”, with half of the students registered in the course.
* Students’ work: This is an important part of the total ECTS of this course, consisting of
- Readings
- Information searching
- Other tasks: exercises, cases, and so on.
* Tutorials: I will evaluate the student’s learning process using tutorials of one or a few students.
* Exams: A final exam, with both theoretical and practical contents about the topics presented in the course, will take place at the end of the semester to measure the students’ global knowledge. Also, during the semester, partial exams regarding some specific topics could be administered.
Students are expected to do various kinds of work for this course. The different tasks and the total number of hours students should devote to each task are provided in the following table:
Tasks | Number of hours |
Attending course sessions - "Big group" (including taking examinations) | 46 |
Attending course sessions - "Small group" | 14 |
Total number of contact teaching hours | 60 |
Completing evaluable homework | 15 |
Studying and preparing both theoretical and practical sessions | 40 |
Studying and preparing exams | 30 |
Attending seminars/activities | 2 |
Attending tutorials | 3 |
Total number of non-contact teaching hours | 90 |
TOTAL | 150 |
For the student’s final grade, the following weights will be assigned to different tasks:
* Individual work 15%
* Team work 15%
* Exams 70%
Unit 1. Introduction to business
Unit 2. Ownership and management
Unit 3. Business environment
Unit 4. Forms of business organizations
Unit 5. Business growth strategies
Unit 6. Accounting and financial statements
Unit 7. Operations management
Unit 8. Marketing
Access the bibliography that your professor has requested from the Library.