Public University of Navarre

Academic year: 2022/2023 | Previous academic years:  2021/2022  |  2020/2021  |  2019/2020  |  2018/2019 
International Bachelor's degree in Management and Business Administration
Course code: 174101 Subject title: BUSINESS ECONOMICS
Credits: 6 Type of subject: Basic Year: 1 Period: 1º S
Department: Gestión de Empresas

Partes de este texto:


Module/Subject matter

Management / Organization and human resources.


General proficiencies

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


Specific proficiencies

SP01 Understand economic institutions as a result and application of theoretical or formal representations about how the economy works.

SP04 Apply professional criteria based on the handling of technical instruments to the analysis of business management problems.

SP11 Understand the nature of the company as an organization and place of interaction of agents with different interests.


Learning outcomes

Learning outcomes Content Training activities Evaluation system
R_DG_01. Understand decision making theoretical foundations Units 1-2 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 1-5 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 5-6-7-8 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 5 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   06
A-5 Self-study   40
A-6 Exam   04
Total number of hours 60 90


Relationship between formative activities and proficiencies

Methodology - Activity COMPETENCES
A-1 Theoretical sessions CG01, CG03, CG08, CG12, CG15, CE01, CE11
A-2 Practical sessions CG01, CG08, CG12, CG16, CEO1, CE03, CE04, CE11
A-3 Preparing individual/group assignments CG03, CG08, CG12, CE04, CB4
A-4 Individual/group tutorial sessions CG15
A-5 Self-study CG15, CG16, CG17
A-6 Exam CG01, CG08, CG16, CG17, CG02, CE04, CE13



English, Spanish, Basque.




Weight (%) It allows
test resit
required grade
R_DG_01, 02, 07, 08 Partial assessment 25 yes  
R_DG_01, 02, 07, 08 In-class and out-of-class individual and group exercises; Partial assessment 25 no  
R_DG_01, 02, 07, 08 Final exam. 50 yes 4






This is a course on the analysis of organizations from an economic perspective. This course attempts to provide students with the basic conceptual knowledge and the indispensable analytic tools to better understand organizational problems that arise from collective action to finally improve firm efficiency.

Stockholders, managers, employees, financial institutions, customers and suppliers provide initiative and resources so that the firm can generate and distribute value. This course uses formal economic models to study the cooperation and conflict relationships between these parties.

This course considers the firm as a complex institution where the main characters are not the resources or the objectives but the individuals who act as rational agents. These agents relate to each other through contracts. These relationships take place in a context where the existence of uncertainty, information asymmetry and conflicting interests among the parties make cooperation more difficult. The firm is suggested as an institution able to mitigate such cooperation difficulties. Under this framework, different types of firms such as capitalistic firms and social firms are examined as well as the role of authority within the firm.

Finally, based on the value-chain concept, the different activities that firms perform are described and related to firm profit generation.



Unit 1. Introduction

Unit 2. Information and decision making

Unit 3. Markets and organizations

Unit 4 Transaction costs

Unit 5 Firm and value creation

Unit 6 Authority and the employment relationship

Unit 7 Agency relation (large public corporations)

Unit 8. 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

Iborra, Dasi. Fundamentos de Dirección de Empresas. Paraninfo



Aulario UPNA.