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Syllabus 2016-17 - 11211005 - Political Economics (Economía política)
- Level 1: Tutorial support sessions, materials and exams in this language
- Level 2: Tutorial support sessions, materials, exams and seminars in this language
- Level 3: Tutorial support sessions, materials, exams, seminars and regular lectures in this language
DEGREE: | Grado en Derecho |
FACULTY: | FACULTY OF LAW AND SOCIAL SCIENCES |
ACADEMIC YEAR: | 2016-17 |
COURSE: | Political Economics |
NAME: Political Economics | |||||
CODE: 11211005 | ACADEMIC YEAR: 2016-17 | ||||
LANGUAGE: English / French | LEVEL: 1 / 1 | ||||
ECTS CREDITS: 7.5 | YEAR: 2 | SEMESTER: PC |
NAME: CASTRO VALDIVIA, MARIANO | ||
DEPARTMENT: U110 - ECONOMIA | ||
FIELD OF STUDY: 225 - ECONOMÍA APLICADA | ||
OFFICE NO.: D3 - 231 | E-MAIL: mcastro@ujaen.es | P: 953212985 |
WEBSITE: http://www4.ujaen.es/~mcastro/ | ||
ORCID: https://orcid.org/0000-0002-9331-9955 | ||
LANGUAGE: - | LEVEL: 1 |
BLOCK A: MICROECONOMICS
PART I: THE SCOPE OF THE ECONOMY
Chapter 1: What is the Economy?
A definition of the Economy
Two key questions in Economics
Economic Thought
Economics as a social science and political tool
The graphics on the Economy
Chapter 2: The Economic Problem
Production potential and opportunity cost
Use resources efficiently
Economic growth
Gains from trade
Economic coordination
PART II: HOW MARKETS WORK
Chapter 3: Demand and supply
Market prices
The demand
The supply
Market equilibrium
Predicting changes in price and quantity
Elasticity
Chapter 4: Efficiency and equity
Resource Allocation Methods
Benefit, cost and surplus
Is the competitive market efficient?
Source of market failures
Is it fair competitive market?
Chapter 5: Government and Market Shares
A housing market with an income ceiling
A labor market with minimum wage
Taxes
Production quotas and subsidies and price supports
Market for Illegal Goods
PART III: DECISIONS AND CORPORATE STRATEGIES
Chapter 6: Production and costs
Timeslots to make decisions
Technological limitations in the short term
Short-term costs
Long-term costs
Chapter 7: Competitive markets
What is perfect competition?
The decision on production of the company
Production, price and short-term benefit
Production, price and long-term benefit
Changing tastes and technological advances
Competition and efficiency
Chapter 8: Monopoly
Monopoly and its emergence
The decision on the price and production of a single-price monopoly
Comparison between single-price monopoly and competition
Price Discrimination
Monopoly regulation
Chapter 9: monopolistic competition and oligopoly
What is monopolistic competition?
The price and output in monopolistic competition
Product development and marketing
What is the oligopoly?
Games oligopoly
BLOCK B: MACROECONOMICS
PART IV: CONTROLLING Business Conditions
Chapter 10: The Gross Domestic Product (GDP)
GDP
How to measure GDP
The uses and limitations of real GDP
Chapter 11: Monitoring of the labor market and inflation
Employment and unemployment
Unemployment and full employment
Variations in the price level: inflation and deflation
PART V: FINANCE AND MONEY
Chapter 12: Financial markets
Financial institutions and financial markets
The market for loanable funds available
The government market for loanable funds available
The global market for loanable funds available
Chapter 13: Money and banking
What is money?
Monetary financial institutions
The Central Bank
How banks create money
The money market
The quantity theory of money
PART VI: Action macroeconomic and political
Chapter 14: The supply and aggregate demand
Aggregate supply
Aggregate demand
Explain trends and macroeconomic fluctuations
Schools of thought in macroeconomics
Chapter 15: Growth, inflation and cycles
The foundations for economic growth
Trends in economic growth
Why real GDP grows
Inflation cycles
The economic cycle
Chapter 16: Fiscal policy and monetary policy
National budgets
The effects of fiscal policy: the foundation from microeconomics
Fiscal policy in the euro area
Management of monetary policy
Transmission of monetary policy
BLOCK C: ECONOMIC ANALYSIS OF LAW
Chapter 17: What is and what is the Economic Analysis of Law
Definition of Economic Analysis of Law and basics
Efficiency in Pareto
Coase theorem
Schools and approaches in US
Reflections on the application of economic analysis to law
Master classes
The basic lines of the themes will be presented and will furnish the material for student development.
Practices
Application of the theoretical contents will be made, in groups or individually. Discussion and student participation will be encouraged.
Type test final exam on the contents of the subject will be.
Students with special educational needs should contact the Student Attention Service (Servicio de Atención y Ayudas al Estudiante) in order to receive the appropriate academic support
The final grade will be the result of the aggregation of grades on a test type final exam on theoretical and operational matter and a series of activities scheduled for the course content.
The final choice test, consist of 40 questions where the correct answers add 0.2 points, wrong answers subtract 0.2 points and unanswered questions or add or subtract, it will represent 80 100 of the final grade. E2 know the fundamentals of the economy, G6 G1 Decision Making and Capacity for analysis and synthesis: the skills are valued.
Additionally, students will perform as scheduled activities during the school period: practical tests, presentation of individual / group work, self-assessment tests and / or class participation. These activities will have a maximum score of 20 per 100 of the final grade. E2 know the fundamentals of the economy, G6 G1 Decision Making and Capacity for analysis and synthesis: the skills are valued.
The student is not submitted to the examination despite having made practical activities will be considered No Presented in the call, pocketing the qualification of the same for the following calls of this academic year.