Course code: 174102 | Subject title: INTRODUCTION TO ECONOMICS | ||||
Credits: 6 | Type of subject: Basic | Year: 1 | Period: 1º S | ||
Department: Economía | |||||
Lecturers: | |||||
CASARES POLO, MIGUEL [Mentoring ] | ECHAVARRI AGUINAGA, REBECA (Resp) [Mentoring ] |
This introductory course to Economics presents the main economic notions related to the functioning of the economic system in a complex society. After beginning with the definition of Economics due to Lionel Robins (namely, "Economics is the science which studies human behaviour as a relationship between ends and scarce means that have alternative uses"), we go on to examine individual (including persons and firms) and social decisions in various economic contexts, and from micro and macroeconomic perspectives.
RA01: Identify relevant economic information sources for the company and their content.
RA02: Understand economic institutions as the result and application of theoretical or formal representations of how the economy works.
RA04: Understand the nature of the company as an organization with different interdependent functional areas interacting with agents with different interests.
RA06: Know the principles of economic analysis to be able to contribute to the efficient allocation of resources.
The learning and teaching methodology is based on student-centred and enquiry-based techniques that would combine lecturing on students with the creation of small and cooperative learning environments. We would exploit showcase empirical questions (called "evidence-based economics features"), data analysis, experiments, poster sessions and model design. The contents would be structured around a single textbook.
Learning activities | Hours (classroom) | Hours (out of classroom) |
A-1 Master sessions | 42 | |
A-2 Seminars | 12 | |
A-3 Advanced reading for lectures | 40 | |
A-4 Studying | 48 | |
A-5 Exams | 06 | |
A-6 Office hours (individual) | 02 | |
Total | 60 | 90 |
Learning outcome |
Assessment activity |
Weight (%) | It allows test resit |
Minimum required grade |
---|---|---|---|---|
All | Assessment of theoretical knowledge | 50 | YES | NO |
All | Cases and problems activities | 50 | YES | NO |
Access the bibliography that your professor has requested from the Library.
The Economy (https://core-econ.org/the-economy/v1/en/) by the CORE team.
The e-book is available free of charge online and at reasonable cost in print from Oxford University Press. It is also available as an app for Android (https://play.google.com/store/apps/details?id=com.fireandlion.core.theeconomy&pli=1) or Windows (https://apps.microsoft.com/detail/9NZPF7DHS3FD?activetab=pivot%3Aoverviewtab&hl=en-us&gl=US) phones, and in the iBooks (https://books.apple.com/us/book/the-economy/id1456248159) store for those with iPhones. In addition, we will read selections from CORE insights (https://www.core-econ.org/project/core-insights/).
Additional references:
Acemoglu D., D. Laibson and J. A. List. 2019. Economics 2nd Ed. Pearson.