Degree | Type | Year | Semester |
---|---|---|---|
2501572 Business Administration and Management | OB | 2 | 1 |
2501573 Economics | OB | 2 | 1 |
It is recommended that the following courses have been passed:
Introduction to Economics
Mathematics I and II
The aim of this courseis to understand the basic tools of microeconomic analysis and to become able to apply them.
The topics that will be covered inlcude:
Consumer Theory (preferences and utility), Consumption and Demand, Production Theory.
(The corresponding chapters in Varian's book are indicated in parenthesis)
Topic I: Introduction (C.1)
Topic II: Consumer Theory (C. 2, 3 and 4)
II.1 Preferences and Indifference Curves
II.2 Utility Functions
II. 3 Budget sets
Topic III: Demand (C. 5, 6 and 8)
III.1 Consumer Optimal Choice
III.2 Income Variations: Normal and Inferior Goods
III.3 Price Variations: Ordinary, Giffen, Substitute and Complementary Goods
III.4 Income and Substitution Effects
Topic IV: Applications of Consumer Theory (C. 9, 10 and 12)
IV.1 Endowments and Labour Supply
IV.2 Intertemporal Choice
IV.3 Choice under Uncertainty
Topic V: Production Theory (C. 19, 20 and 21)
V.1 Technology and Production Factors
V.2 Profit Maximization
V.3 Cost Minimization
The methodology includes study, preparation and discussion of exercises, text reading, group exercises, lectures and tutorials.
Title | Hours | ECTS | Learning Outcomes |
---|---|---|---|
Type: Directed | |||
Exercises and group discussion | 17 | 0.68 | 5, 1, 6, 7, 8, 10, 12 |
Lectures | 33 | 1.32 | |
Type: Supervised | |||
Tutorials | 15 | 0.6 | 5, 6, 7 |
Type: Autonomous | |||
Study, preparation and discussion of exercises | 64 | 2.56 | 5, 1, 6, 7, 8, 10, 12 |
Text reading | 15 | 0.6 | 5, 1, 6, 7, 8, 10, 12 |
Evaluation process
The evaluation process will consist of a Final examination with a weight of 50%, a Partial mid-term examination, with a weight of 35% and, at least, an additional evaluation activity. At least part of any of the three (or more) evaluation activities must be of the written-exam type and at least part of any of the three (or more) evaluation activities must be multiple-choice type.
A student that takes part on any of the evaluation activities and turns in the activity for grading cannot be considered for a "Non Evaluable" status.
Schedule of evaluation activities
The dates of the different evaluation activities will be announced well in advance during the semester.
The date of the final exam is scheduled in the assessment calendar of the Faculty.
"The dates of evaluation activities cannot be modified, unless there is an exceptional and duly justified reason why an evaluation activity cannot be carried out. In this case, the degree coordinator will contact both the teaching staff and the affected student, and a new date will be scheduled within the same academic period to make up for the missed evaluation activity." Section 1 of Article 115. Calendar of evaluation activities (Academic Regulations UAB).
Students of the Faculty of Economics and Business, who in accordance with the previous paragraph need to change an evaluation activity date must process the request by filling out an Application for exams' reschedule https://eformularis.uab.cat/group/deganat_feie/application-for-exams-reschedule
Grade revision process
After all grading activities have ended, students will be informed of the date and way in which the course grades will be published. Students will be also be informed of the procedure, place, date and time of grade revision following University regulations.
Grade revision process
After all grading activities have ended, students will be informed of the date and way in which the course grades will be published. Students will also be informed of the procedure, place, date and time of grade revision following University regulations.
Retake Process
"To be eligible to participate in the retake process, it is required for students to have been previously been evaluated for at least two thirds of the total evaluation activities of the subject." Section 3 of Article 112 ter. The recovery (UAB Academic Regulations).
Additionally, for a student to participate in the retake process, it is required that he or she to have achieved an average grade of the subject between 3.5 and 4.9.
The date of the retake exam will be posted in the calendar of evaluation activities of the Faculty.
Students who take this exam and pass, will get a grade of 5 for the subject. If the student does not pass the retake, the grade will remain unchanged, and hence, student will fail the course.
The grading of the retake examination will be qualitative, with two possible results: “pass” or “no pass”. If the grade is “pass”, the grade will be equal to 5. If the grade is "no pass", the student will not pass the subject and his final grade will be the existing grade prior to the retake examination.
Irregularities in evaluation activities
In spite of other disciplinary measures deemed appropriate, and in accordance with current academic regulations, "in the case that the student makes any irregularity that could lead to a significant variation in the grade of an evaluation activity, it will be graded with a 0, regardless of the disciplinary process that can be instructed. In case of various irregularities occur in the evaluation of the same subject, the final grade of this subject will be 0". Section 10 ofArticle 116. Results of the evaluation. (UAB Academic Regulations).
Standards of behavior
Aside of any other disciplinary measures that are considered to be adequate, and in line with the current academic rules, the professor may reduce the average grade obtained in the "additional evaluation activities" by up to 2 points out of 10 to any student who repeatedly does not follow the rules of behavior in class. The professor will announce these rules at the beginning of the course.
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
Final Exam | 50 % | 3 | 0.12 | 3, 2, 4, 5, 1, 6, 7, 8, 9, 11, 10, 12 |
Practices and partial evaluations | 50 % | 3 | 0.12 | 5, 1, 6, 7, 8, 10, 12 |
Varian, H.. Intermediate microeconomics: a modern approach, W.W. Norton and Company Inc. (Any edition that has the proper chapters in the syllabus)
Complementary:
Morgan, C. W., Katz, M. L., Rosen, S. (2009), Microeconomics, McGraw-Hill Higher Education.