1 de 6 TEACHING GUIDE BY SUBJECT Code: 53015 Name of the subject: Economic Structure GENERAL CHARACTERISTICS Number of credits ECTS: 9.0 Language/s Type Professor/s Catalan Spanish English Normal Niño Becerra, Santiago Comim, Flavio Borsi, Mihály Tamás DESCRIPTION BRIEF DESCRIPTION AND JUSTIFICATION The main objective of the course Economic Structure is to analyze the composition of the key elements of the Economy e.g., institutions, sectors, and subsectors as well as its functioning, by means of a structural approach, that is, by studying the interactions between the different parts of the Economy in order to understand today s Economy as a whole. COMPETENCES
2 de 6 As a consequence of the assimilation of the subject s learning contents, the student will be able to: Analyze the economic relationships existing in the global economic environment, the factors in which those relationships intervene and the places where they take place. (CE4) Synthetize the way in which economical relationships develop in order to understand the economic world as a whole. (CE5) Distinguish and separate the pieces of a whole in order to identify its principles and elements. The student will be able to integrate information and/or ideas in order to achieve a global vision. (Analysis and Synthesis) (CT3) Recognize the economic and social global environment and be sensitive about other cultures (Globalization) (CT10) PREREQUISITES According to the valid academic plan and academic regulation. CONTENTS General concepts and chronological introduction. Economics from a structural perspective. Factors of production and economic sectors. The System and the Model. The global economic reality and its trends. Economic areas and fields of interaction. Trends in economic development. Economic zones and areas of interrelationship. Trends in the evolution of economic activity. Spain and its regional economic reality. Labor markets. Fiscal Policy. Monetary policy. Poverty and inequality. Financial Economics. The shadow economy. New challenges for the economy of Europe. The economic reality of the United States of America. China's economic prospects. Key challenges for Latin-America. Economic possibilities for Africa. Economic/financial crises. Behavioral Economics. METHODOLOGY TRAINING ACTIVITIES:
3 de 6 Training activities ECTS Credits Competencies Lectures presenting concepts and procedures 0.4 CE4, CE5, CT3, CT10 Practical sessions (exercises, case resolution) 2.9 CE4, CE5, CT3, CT10 Assignments by Students - - Seminars or tutorials 1,2 CE4, CE5, CT3, CT10 Personal study activities 4,3 CE4, CE5, CT3, CT10 Assessment sessions 0,2 CE4, CE5, CT3, CT10 Internship in Company - TOTAL 9 EXPLANATION OF TEACHING METHODOLOGY A News summary (Weight: 0,30) Once per week, all members of a group a different group each day, or not shall present seven news articles related to the Spanish and the international economy. The articles should be selected from the previous week s news stories (one news per day), which have appeared in any national or international media, regardless of the source or format. During the presentation of the news summaries, the professor may ask the group to clarify or discuss the topic in greater details. While the answers provided by the members of the group will have an impact on their marks, the means of presentation will not affect the students final grade. B Figures and tables (Weight: 0,40) During the course of the year, each group shall choose a statistical figure or table on a monthly basis. The selected figures and tables must be related to the subject of the course and should be considered as particularly interesting. The first Monday of each month, all groups should submit an exercise on an A4 paper at the end of the class, which replicates the selected figure or table, using the means considered most appropriate. Besides the complete source and the list of names of each group member, submissions should also include the main conclusions that the figure or table offers. The length of the text must not exceed a maximum of 35 lines. The selected figure or table should have been published during the month preceding the day of submission. C - Debates (Weight: 0,20) Students will be participating in debates i.e., share their opinion, ask questions, make remarks, etc. that will be held during the development of activities throughout the year. D - Final Exam (Weight: 0,10) The final exam will take place on the scheduled day and in the assigned classroom. The exam will consist of a proposed topic for which one or more texts will be provided. Students who have passed the course
4 de 6 but wish to improve their mark as well as those who have not succeeded may take the final exam. EVALUATION METHODS OF EVALUATION Evaluation Methods Weight Competencies Final exam 10% CE4, CE5, CT3, CT10 Partial exams - - Following up activities 45% CE4, CE5, CT3, CT10 Homework and presentations - - Experimental work or fieldwork - - Projects - - Evaluation of the company or institution - - Participation 45% CE4, CE5, CT3, CT10 LEARNING OUTCOMES As a result of assimilation for the contents of the course, students should be able to: Analyze the existing economic linkages in the global economic context, the factors involved in these relationships, and the places where such relationships between factors take place. Synthesize the way these relationships evolve in order to understand the world economy as a whole. EVALUATION Based on the specific characteristics of the methodology used in the course, the final grade is calculated as follows: 45% in-class activities 45% participation in debates 10% final exam Over the course of the year and through the different tasks and activities it will become apparent if students have been able to break down the Economy in order to familiarize with its major elements; in addition, if they have become capable of combining the information and ideas in a way that allows them to develop a global perspective, which they did not quite possess beforehand. And finally, if students have been able to familiarize with economic and social activities from a global perspective, and whether they have become sensitive to other cultures. In the final exams in May and July students must demonstrate that they have acquired the competencies
5 de 6 specified by the course curriculum. EVALUATION OF COMPETENCES The evaluation of transversal competencies is based on the following criteria: Analysis and Synthesis take the scores obtained by the students in Figures and Tables and in Debates considering all groups, sort them by intervals (n,00 - n,99); convert them to percentages; and use the following grading scheme: between 15 and 25 points the Course has exceeded the expectations of the learning outcome objectives; between 10 and 14 points the Course meets the expectations of the learning outcome objectives; and between 0 and 9 points the Course does not meet the expectations of the learning outcome objectives. Globalization take the scores obtained by the students in Debates considering all groups, sort them by intervals (n,00 - n,99); convert them to percentages; and use the following grading scheme: between 15 and 20 points the Course has exceeded the expectations of the learning outcome objectives; between 10 and 14 points the Course meets the expectations of the learning outcome objectives; and between 0 and 9 points the Course does not meet the expectations of the learning outcome objectives. BIBLIOGRAPHY Bibliography BASIC: All means of economic communication: economic newspapers, websites of organizations and economic institutions, TV channels that provide information and news on the economy. Additional materials selected by the professor and provided to the students. SUPPLEMENTARY: Prof. Mihály Tamás Borsi Akerlof, G. A., & Shiller, R. J. (2009). Animal spirits: How human psychology drives the economy, and why it matters for global capitalism. Princeton: Princeton University Press. Kindelberger, Charles. Manias, panics, and crashes. (1978) New York, NY: Basic Books Inc. Mankiw, G. (2017) Principios de Economía. Project Syndicate. http://www.project-syndicate.org VOX (CEPR s Policy Portal). http://www.voxeu.org Nada es Gratis (blog de Fedea). http://www.nadaesgratis.es Prof. Flavio Comim Baye, M. y Prince, J. (2017) Managerial Economics and Business Strategy. Mcgraw-Hill Series
6 de 6 Economics. 9a edición. Chang, H-J. (2010) 23 Things They don t tell you about Capitalism. Londres: Penguin. Laffont, J-J. y Martimort, D. (2002) The Theory of Incentives: the principal-agent model. Princeton: Princeton University Press. Levitt, S. y Dubner, S. (2006) Freakonomics. Londres: Penguin. Mankiw, G. (2017) Principios de Economia. Milgrom, P. y Roberts, J. (1992) Economics, Organization and Management. New Jersey: Prentice Hall. Sala-i-Martin, X. (2016) Economía en Colores. Barcelona: Debols!llo Clave. Sen, Amartya (1998) La Posibilidad de la Elección Social. Premio Nobel. Prof. Santiago Niño-Becerra Twitter messages: @sninobecerra Santiago Niño Becerra, La Economía. Una Historia muy personal. Ed. Los Libros del Lince. Barcelona 2015. Santiago Niño-Becerra, El Crash del 2010. Ed. Los libros del Lince. Barcelona 2009. Jeremy Rifkin, El fin del trabajo. Nuevas tecnologías contra puestos de trabajo: el nacimiento de una nueva era. Ed. Paidós (1996). Jeremy Rifkin, El siglo de la biotecnología. El comercio genético y el nacimiento de un mundo feliz. Ed. Crítica / Marcombo (1999). Jeremy Rifkin, La Era del Acceso. Editorial Paidós (2000). DOCUMENT RECORD PREVIOUS CHANGES September 7, 2016, Santiago Niño Becerra, PhD and Mihály Tamás Borsi, PhD LAST REVISION October 6, 2017, Santiago Niño Becerra, PhD; Mihály Tamás Borsi, PhD; Flavio Comim, PhD