Degree  Type  Year  Semester 

4310025 Economics and Business Administration  OB  0  1 
You can check it through this link. To consult the language you will need to enter the CODE of the subject. Please note that this information is provisional until 30 November 2023.
None
Macroeconomics
This course aims to familiarize students with key analytical concepts and key analytical tools in macroeconomic analysis and related policies.
Upon completion, students must be able (i) to understand fundamental theoretical issues underlying the relationship of some critical macroeconomic variables such as GDP, inflation, unemployment, etc; (ii) to interpret the reasons for, and the effects of, demand and supplyside policies; (iii) to understand the longrun effects of fiscal policy and the determinants of economic growth.
Public Finance
Public Finance, or equivalently Public Economics, focuses on the study of the effects of government actions on economic activity. It aims at predicting the effects of these actions and at providing guidance on the choice among different alternatives. By restricting attention on a relatively small number of topics, the objective of the course is to illustrate how economic analysis emerges as an extremely helpful instrument in the design and evaluation of public policy.
Statistics for Data Analysis
The course main objective is to provide a solid foundation of statistics for the analysis of economic data. Even if the focus of the course is on applied statistics, some mathematical details will be included to help to properly understand the tools presented.
Econometrics
The course covers basic tools of econometric analysis for the measurement and testing of economic relationships using regression analysis. Even if the focus of the course is on the application of thesemethods, mathematical details will be included to help to properly evaluate the advantages and limitations of the tools presented.
Macroeconomics
1. Introduction: Macroeconomic Variables and Empirical Facts.
2. ShortRun Analysis of Fiscal and Monetary Policy in a Small Open Economy.
3. Capital Accumulation.
4. Deficits, Debt, and Fiscal Policy in a Dynamic Economy.
5. Economic Growth.
6. Other Topics on Macroeconomics: Business Cycles, Monetary Policy, and the Labor Market.
Public Finance
1. A framework for normative analysis
2. Commodity taxation
3. Income taxation
4. Tax evasion
5. Intertemporal efficiency
6. Social security
Statistics for Data Analysis
1. Introduction
2. Key concepts for univariate data analysis
3. Key concepts for multivariate data analysis
4. Inferential statistics: estimation
5. Inferential statistics: Hypothesis testing
Econometrics
1. Introduction to econometric analysis
2. Regression models: estimation
3. Regression models: inference
4. Topics in the analysis of cross sectional data
5. Topics in the analysis of time series data
The activities that will allow the students to learn the basic concepts included in this course are:
1. Theory lectures where the instructor will explain the main concepts.
The goal of this activity is to introduce the basic notions and guide the student learning.
2. Problem Sets
In some subjects, a problem set which students will have to solve individually or in teams will be included in every unit. The goal of this activity is twofold. On one hand students will work with the theoretical concepts explained in the classroom, and on the other hand through this practice they will develop the necessary skills for problem solving.
3. Practice lectures
The aim of this activity is to comment on and solve any possible doubt that students mayhave had solving the problem assignment. This way they will be able to understand and correct any errors they may have had during this process.
4. Essay writing
In some subjects students will produce written essays on the topics proposed.
5. Tutoring hours
Students will have some tutor hours in which the subject instructors will help them solve any doubts they may have.
Annotation: Within the schedule set by the centre or degree programme, 15 minutes of one class will be reserved for students to evaluate their lecturers and their courses or modules through questionnaires.
Title  Hours  ECTS  Learning Outcomes 

Type: Directed  
Lectures with ITC support  75  3  2, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16 
Resolution of exercises  37.5  1.5  2, 6, 7, 9 
Type: Supervised  
Tutoring and monitoring work in progress  93.8  3.75  2, 6, 7, 9, 11, 12, 13, 15, 16, 17 
Type: Autonomous  
Study, Reading, Exercise solving, Essays writing  129.7  5.19  2, 4, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17 
A. CONTINUOUS ASSESMENT
the mark for each subject within the module is higher than or equal to 3.0 (in a 0 to 10 scale), and
the final mark for that module is higher than or equal to 5.0 (in a 0 to 10 scale).
IMPORTANT: Class attendance is compulsory. In order to pass each subject, students must attend all lectures. Special cases, with appropriate justification, will be considered individually by the professors together with MEBA coordinators
If a module is not successfully passed the MEBA coordinators will ask the student to retake the exams for those subjects that, according to the coordinators and the professors’ opinions, may help the student to successfully pass the module.
If after the retake exams the student successfully passes the module, her or his mark for that module will be upgraded accordingly, otherwise the previous grade will remain valid. Two restrictions apply for the results after retaking:
Themark between 0 and 10 for each subject will be computed byeach professor based on his or her own criteria and on the student's performance. As a general rule, 35% of the mark will correspond to the assessment of the continuous work of the student during the course, and 65% will consist of a comprehensive final examination. Be aware that this, as well as the duration and nature of the final examination is decided by each professor.
B. COMPRENHENSIVE ASSESMENT
This module provides for the comprehensive assessment option (Art. 265 of the UAB Academic Regulations).
The request for a comprehensive evaluation implies the waiver of the continuous evaluation. The comprehensive assessment must be requested within the deadline and according to the procedure established by the Faculty of Economics and Business.
The comprehensive assessment consists of the following activities:
Evaluation Activity 
Weight 
Duration 
Classroom activity (inperson) 
Statistics for Data Analysis – Final Exam 
20% 
2 hours 
YES 
Statistics for Data Analysis  LABTEST 
5% 
1 hour 
YES 




Econometrics – Final Exam 
20% 
2 hours 
YES 
Econometrics  LABTEST 
5% 
1 hour 
YES 




Public Finance – Final Exam 
25% 
2 hours 
YES 




Macroeconomics– Final Exam 
25% 
2 hours 
YES 
The procedures for the revision of the qualifications and the retake process, as well as the regulations on irregularities in the evaluation acts are the same as for the continuous evaluation, as described in the “Evaluation Policy” Section of the MEBA Information Brochure.
Title  Weighting  Hours  ECTS  Learning Outcomes 

Exercises and Essays  35%  30  1.2  1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18 
Topic Exam: Econometrics  8.125%  2.25  0.09  2, 4 
Topic Exam: Public Finance  16.25%  2.25  0.09  6, 9 
Topic Exam: Statistics for Data Analysis  8.125%  2.25  0.09  7, 14 
Topic exam: Macroeconomics  16.25%  2.25  0.09  8, 10 
Macroeconomics:
Textbooks:
Romer, D. Advanced Macroeconomics. McGraw Hill.
Sørensen, P.B. and H.J. WhittaJacobsen. Introducing Advanced Macroeconomics: Growth and Business Cycles. McGraw Hill.
Williamson, S.D. Macroeconomics. Pearson.
Specific additional academic papers will be supplied during the course.
Databases:
Eurostat: http://ec.europa.eu/eurostat/data
OECD: http://www.oecdilibrary.org/statistics
IMF: http://data.imf.org/
European Comission: http://ec.europa.eu/economy_finance/db_indicators/
The World Bank (Doing Business Database): http://www.doingbusiness.org/data
Public Finance:
The basic reference for the course is J. Hindriks and G.D. Myles (2013), Intermediate Public Economics, MIT Press, second edition.
Further, more specialized references, are:
A.B. Atkinson and J.E. Stiglitz (1980), Lectures on Public Economics, McGrawHill.
A.J. Auerbach and M. Feldstein (eds) (1985,1987,2002.a,2002.b), Handbook of Public Economics, Vols. 14, North Holland.
A.J. Auerbach, R. Chetty, M. Feldstein and E. Saez (eds) (2013), Handbook of Public Economics. Vol. 5, North Holland.
B. Salanié (2003), The Economics of Taxation, MIT Press.
R. Jha (2010), Modern Public Economics, Routledge, second edition.
R.W. Tresch (2002), Public Finance. A Normative Approach, Aceademic Press, second edition.
Statistics for Data Analysis:
Additional readings will be recommended for each specific unit.
Software: TBA
Econometrics:
Additional readings will be recommended for each specific unit.
Software: TBA
Data Analysis Software (TBA)
Word Processor
Data spreadsheets