Course code: 174101 | Subject title: BUSINESS ECONOMICS | ||||
Credits: 6 | Type of subject: Basic | Year: 1 | Period: 1º S | ||
Department: Gestión de Empresas | |||||
Lecturers: | |||||
URTASUN ALONSO, AINHOA (Resp) [Mentoring ] | GARCES GALDEANO, LUCIA [Mentoring ] |
The firm. Ownership and management. Economic approaches. Types of organizations. Environment. Evolution. Objectives, planning and control.
CG01. Analysis and synthesis skills
CG04. Oral and written skills in English
CG08. Decision making skills
CG12. Social skills
CG15. Ethical behavior in the job
CG16. Ability to work in stressful environments
CG17. Self-learning skills
CB4. Students should be able to effectively deliver information, ideas, problems and solutions to the audience
CE01. Understand economic institutions as the result and application of theoretical or formal models that represent how the economy works
CE04. Apply professional criteria and technical tools to solve business problems
CE11. Understand the nature of the firm as an organization and place where agents with different interests interact
Learning outcomes | Content | Training activities | Evaluation system |
R_DG_01. Understand decision making theoretical foundations | Units 1 and 4 | A1, A2, A3, A4, A5, A6 | In-class and out-of-class individual exercises; Partial assessment; Final exam |
R_DG_02. Understand the firm's basic theory. Organization and functional areas | Units 1, 2, and 3 | A1, A2, A3, A4, A5, A6 | In-class and out-of-class individual exercises; Partial assessment; Final exam |
R_DG_07. Understand how to manage conflict and motivate effective cooperation | Units 5, 6, and 7 | A1, A2, A3, A4, A5, A6 | In-class and out-of-class individual exercises; Partial assessment; Final exam |
R_DG_08. Understand ethical behavior in the firm | Unit 7 | A1, A2, A3, A4, A5, A6 | In-class and out-of-class individual exercises; Partial assessment; Final exam |
Methodology - Activity | In-class hours | Outside-class hours |
A-1 Theoretical sessions | 46 | |
A-2 Practical sessions | 14 | |
A-3 Preparing individual/group assignments | 40 | |
A-4 Individual/group tutorial sessions | 8 | |
A-5 Self-study | 40 | |
A-6 Exam | 2 | |
Total number of hours | 60 | 90 |
Learning outcome | Evaluation system | Weight (%) | Possibility of resit |
R04, R08, RE1 | Final exam | 70% | Yes |
R04, R08, RE1 | In-class and out-of-class individual exercises; Partial assessment | 30% | No |
To make up the ordinary exam, at least 2 (out of 10) in the ordinary exam or to have performed continuous evaluation activities is required. To pass the course, at least 4 (out of 10) in the final exam is required.
Unit 1. Markets and organizations
Unit 2. Transaction costs
Unit 3. Firm and value creation
Unit 4. Information and decision making
Unit 5. Authority and the employment relationship
Unit 6. Agency relation (large public corporations)
Unit 7. Cooperatives and the shirking problem
Access the bibliography that your professor has requested from the Library.
Douma, S. and Schreuder (2017) Economic Approaches to Organization, 6 edition, Pearson