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General information

Academic year:
2025
Description:
Today's economy is a complex, global system of interconnected financial systems, trade networks and market dynamics. This course explores the interaction between countries, firms and individuals in the formation of economic systems, focusing on topics ranging from macroeconomic indicators such as GDP and inflation to the analysis of international trade policies. Students will acquire an understanding of the reality and complexity of the global economy. They will also gain a critical overview of future developments by studying the relationship between technological advances and geopolitical tensions in world markets.
ECTS credits:
6
Course coordinator:
Elena del Rey Canteli

Groups

Group EA

Duration:
One-semester, 1st semester
Teaching staff:
Elena del Rey Canteli
Language of the classes:
English (100%)

Syllabus

1. Strategic interactions and social dilemmas.

2. Interdependence and the gains from trade.

3. The market forces of supply and demand.

4. The efficiency of markets, an application to international trade.

5. Basic Macroeconomic variables.

6. Production and growth. Unemployment.

7. The monetary system.

8. The open economy.

9. Short run economic fluctuations: aggregate demand and supply.

Activities

Activity type Hours with a teacher Hours without a teacher Virtual hours with a teacher Total
Others 3,00 0 0 3,00
Assessment test 0 50,00 2,00 52,00
Participatory class 42,00 42,00 0 84,00
Learning-based tasks and quizzes 0 5,00 0 5,00
Total 45,00 97,00 2,00 144

Bibliography

  • The Economy 2.0 Microeconomics https://core-econ.org/the-economy/microeconomics/0-3-contents.html (2024). CORE-ECON. Catàleg
  • The Economy 1. 0 https://core-econ.org/the-economy/v1/index.html (2024). CORE-ECON. Catàleg
  • The Economy 2.0 Macroeconomics. https://core-econ.org/the-economy/macroeconomics/0-3-contents.html. (2024). CORE-ECON.. Catàleg

Assessment and Grading

Assessment activities:

Description of the activity Assessment Activity % Remediable subject
3 questionnaires Rank of attainment of unit content. 45 Yes
Activity Global week Capacity to apply the knowledge acquired in class 5 Yes
Final exam Capacity to apply the knowledge acquired in class 50 Yes

Grading

Continuous evaluation: one multiple choice test at the end of very 3 units. Each test will have a weight of 15% in the final grade.

Activity global week: 5%

Final exam: 50%

The retake exam allows students to compensate for all grades below 5. However, any assessment not attempted will be graded as 0 and cannot be compensated through the retake.

For example, if a student has failed one test and the final exam (i.e., received grades below 5), the retake exam will account for 65% of the final grade: 50% corresponding to the final exam and 15% to the failed test.

The final grade after the retake will be the weighted average of the retake grade (which covers the failed components) and the grades obtained in the passed assessments.

Specific criteria for the "No show" grade:
The student will have "No presentat" if he/she does neither attend the final or the retake exam.

Single Assessment:
Final exam: 100%

Minimum requirements to pass:
A weighted average of 5 or above is required to pass the course.

Design Amendment

Amendment of activities:
The course activities will be adapted to take place online where possible or alternative activities will be implemented in the event of restrictions due to exceptional circumstances.

Amendment of the assessment:
The course evaluation activities will be adapted to take place online where possible or alternative activities will be implemented in the event of restrictions due to exceptional circumstances.

Mentoring and communication:
In the event of restrictions due to exceptional circumstances, all the communications will be online via email.

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