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Syllabus 2016-17 - 11211005 - Political Economics (Economía política)

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  • 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
SYLLABUS
1. COURSE BASIC INFORMATION
NAME: Political Economics
CODE: 11211005 ACADEMIC YEAR: 2016-17
LANGUAGE: English / French LEVEL: 1 / 1
ECTS CREDITS: 7.5 YEAR: 2 SEMESTER: PC
2. LECTURER BASIC INFORMATION
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
3. CONTENT DESCRIPTION

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

4. COURSE DESCRIPTION AND TEACHING METHODOLOGY

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

5. ASSESSMENT METHODOLOGY

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.

6. BOOKLIST
MAIN BOOKLIST:
  • Essential Economics . Edition: -. Author: Michael Parkin; Melanie Powell & Kent Matthews. Publisher: Pearson  (Library)
  • Principes d'économie . Edition: 9 édition. Author: John Sloman, Alison Wride, Dean Garratt . Publisher: Pearson  (Library)