Study programme competencies |
Code
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Study programme competences / results
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A1 |
CE1- Contribuír á boa xestión da asignación de recursos tanto no ámbito privado como no público. |
A2 |
CE2-Identificar e anticipar problemas económicos relevantes en relación coa asignación de recursos en xeral, tanto no ámbito privado como no público. |
A3 |
CE3-Aportar racionalidade á análise e á descripción de calquera aspecto da realidade económica. |
A4 |
CE4-Avaliar consecuencias e distintas alternativas de acción e seleccionar as mellores, dados os obxectivos. |
A5 |
CE5-Emitir informes de asesoramento sobre situación concretas da economía (internacional, nacional ou rexional) ou de sectores da mesma. |
A6 |
CE6-Redactar proxectos de xestión económica a nivel internacional, nacional ou rexional. Integrarse na xestión empresarial. |
A7 |
CE7-Identificar as fontes de información económica relevante e o seu contido. |
A8 |
CE8-Entender as institucións económicas como resultado e aplicación de representacións teóricas ou formais acerca de cómo funciona a economía. |
A9 |
CE9-Derivar dos datos información relevante imposible de recoñecer por non profesionais. |
A10 |
CE10-Usar habitualmente a tecnoloxía da información e as comunicación en todo a seu desempeño profesional. |
A11 |
CE11Leer e comunicarse no ámbito profesional en máis dun idioma, en especial en inglés. |
A12 |
CE12-Aplicar á análise dos problemas criterios profesionais baseados no manexo de instrumentos técnicos. |
A13 |
CE13-Comunicarse con fluidez no seu contorno e traballar en equipo. |
B1 |
CB1 - Que os estudantes demostren posuir e comprender coñecementos nun área de estudo que parte da base da educación secundaria xeral, e que soe encontrar nun nivel que, ainda que se apoia en libros de texto avanzados, inclue tamén algúns aspectos que implican coñecementos procedentes da vangarda do seu campo de estudo. |
B2 |
CB2 - Que os estudantes saiban aplicar os seus coñecementos ó seu traballo ou vocación dun xeito profesional e posúan as competencias que se demostran por medio da elaboración e defensa de argumentos e a resolución de problemas dentro da su entorna de traballo. |
B3 |
CB3 - Que os estudantes teñan a capacidade de reunir e interpretar datos relevantes (normalmente dentro da su área de estudo) para emitir xuizos que inclúan unha reflexión sobre temas relevantes de índole social, científica ou ética |
B4 |
CB4 - Que os estudantes poidan transmitir información, ideas, problemas e solucións a un público tanto especializado como non especializado |
B5 |
CB5 - Que os estudantes desenvolvesen aquelas habilidades de aprendizaxe necesarias para emprender estudos posteriores cun alto grao de autonomía |
B6 |
CG1- Que os estudantes formados se convertan en profesionais capaces de analizar, reflexionar e intervir sobre os diferentes elementos que constitúen un sistema económico |
B7 |
CG2 - Que os estudantes coñezan o funcionamento e as consecuencias dos sistemas económicos, as distintas alternativas de asignación de recursos, acumulación de riqueza e distribución da renda e estean en condicións de contribuír ao seu bo funcionamento e mellora |
B8 |
CG3 -Que os estudantes sexan capaces de identificar e anticipar os problemas económicos relevantes, identificar alternativas de resolución, seleccionar as máis axeitadas e avaliar os resultados aos que conduce. |
B9 |
CG4 -Que os estudantes respecten os dereitos fundamentais e de igualdade de oportunidades, non discriminación e accesibilidade universal das persoas con minusvalidez. |
B10 |
|
C1 |
CT1-Expresarse correctamente, tanto de forma oral coma escrita, nas linguas oficiais da comunidade autónoma. |
C2 |
Dominar a expresión e a comprensión de forma oral e escrita dun idioma estranxeiro. |
C3 |
Utilizar as ferramentas básicas das tecnoloxías da información e as comunicacións (TIC) necesarias para o exercicio da súa profesión e para a aprendizaxe ao longo da súa vida. |
C4 |
CT2-Desenvolverse para o exercicio dunha cidadanía aberta, culta, crítica, comprometida, democrática e solidaria, capaz de analizar a realidade, diagnosticar problemas, formular e implantar solucións baseadas no coñecemento e orientadas ao ben común. |
C5 |
CT3-Entender a importancia da cultura emprendedora e coñecer os medios ao alcance das persoas emprendedoras. |
C6 |
CT4-Valorar criticamente o coñecemento, a tecnoloxía e a información dispoñible para resolver os problemas cos que deben enfrontarse. |
C7 |
CT5-Asumir como profesional e cidadán a importancia da aprendizaxe ao longo da vida. |
C8 |
CT6-Valorar a importancia que ten a investigación, a innovación e o desenvolvemento tecnolóxico no avance socioeconómico e cultural da sociedade. |
Learning aims |
Learning outcomes |
Study programme competences / results |
To know how to analyze the degree of competitive rivalry of the sectors and their implications for the management of the value chain |
A1 A2 A6 A10 A12
|
B1 B2 B6
|
C2 C3 C5 C8
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To know how to work in a team and collaboratively |
A4 A7
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B3 B4 B5 B10
|
C3 C6
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To convey the values and effort and work and encourage personal initiative |
A11 A13
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B5 B6 B7 B8 B9
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C1 C2 C3 C4 C5 C6 C7 C8
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To know how to identity and analyze the main competitive forces of the different sectors based on relevant economic information sources |
A3 A5 A7 A8 A9
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B4
|
C3
|
Contents |
Topic |
Sub-topic |
CHAPTER 1: INTRODUCTION TO THE GAME THEORY
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Optimal decision and rational choice: the mathematical model of conditioned optimization
Interdependence between decision-makers: cooperative and non-cooperative games
Games and human conflict: strictly competitive and mutually beneficial games
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CHAPTER 2: NASH-COURNOT EQUILIBRIUM FOR NON-COOPERATIVE GAMES
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Best response matches: graphic representation in two-person games with two strategies. Discussion of significant examples
Nash equilibrium in finite games: Nash theorem
Backward induction and credible threats. Nash equilibrium refinements. Perfect equilibrium in subgames
Equilibria in games with incomplete information. Bayesian equilibria |
CHAPTER 3: REPEATED GAMES. THEOREMS AND PARADOX |
Repeated games: Basic concepts and examples. Paradoxes in single equilibrium games with a finite and certain horizon: Prisoners' Dilemma and Warehouse Chain
Games with an infinite or uncertain horizon: Trigger and Retaliation Strategies. Multiple equilibria and Folk Theorem |
CHAPTER 4: INCENTIVES, COLLECTIVE SYSTEMS AND COMPETENCE |
The tragedy of commons: overexploitation of resources
Incentives and effort offer in collectivist systems
Property rights and contracts: competition as a game with efficient cooperative results |
CHAPTER 5: STRATEGIC INTERDEPENDENCE AND COMPETITION MODELS |
Competition in quantities: Cournot models. Perfect competition as a limit to quantity competition among a large number of companies
Price competition: Bertrand models
Competition in quantities and prices |
CHAPTER 6: GAMES IN STAGES. LEADERSHIP AND STRATEGIC ADVANTAGES FOR ENTRY.
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Stackelberg Leadership and Models
Reinterpretation in terms of capacity: credible commitments and strategic advantages of established companies
Barriers and deterrence of entry
The Limit Price Strategy |
CHAPTER 7: CARTELS AND COLLUSION IN OLIGOPOLIES |
Promises and threats. Credible reward and punishment strategies.
Collusion in Bertrand models: prices and medium-term incentives. Monopoly prices and perfect Pareto equilibria
Collusion in Cournot Models: Monopoly Amounts and Perfect Pareto Equilibria
Information and collusion mechanisms between oligopolists: discussion of the stability of cartels and the possibilities of antitrust policy |
CHAPTER 8: MONOPOLY AND ECONOMIC EFFICIENCY. PRICE DISCRIMINATION AND REGULATION |
Third degree discrimination. The inverse rule of elasticity
Second degree discrimination
First degree discrimination. The consumer surplus and the competitive solution.
Monopoly regulation. Flexible regulation in the EU |
CHAPTER 9: PRODUCT DIFFERENTIATION |
Horizontal differentiation
Vertical differentiation |
CHAPTER 10: VERTICAL RELATIONS. NETWORKS AND PLATAFORMS |
Double marginalization
Vertical control
Relation exclusivity
Networks and platforms |
CHAPTER 11: INTELLECTUAL PROPERTY |
Copyrights
Patents
Trademarks
Intellectual property: international character |
Planning |
Methodologies / tests |
Competencies / Results |
Teaching hours (in-person & virtual) |
Student’s personal work hours |
Total hours |
Collaborative learning |
A3 A4 A5 A7 A11 A12 A13 B4 B5 C2 C4 C7 C8 |
12 |
10 |
22 |
Guest lecture / keynote speech |
A1 A2 A4 A8 B1 B6 B7 B8 B9 C3 C5 C6 |
26 |
52 |
78 |
Case study |
A6 A9 A10 B2 B3 C1 |
5 |
30 |
35 |
Aprendizaxe servizo |
A1 A2 A3 A13 B2 B3 B4 B5 B6 B7 B8 C1 C4 C8 |
5 |
0 |
5 |
Mixed objective/subjective test |
A2 A6 A12 B4 B10 |
5 |
0 |
5 |
|
Personalized attention |
|
5 |
0 |
5 |
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(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students. |
Methodologies |
Methodologies |
Description |
Collaborative learning |
Guided teaching-learning procedures (overseen in person and/or using ICT methods) based on organisation of class into small groups in which students work together to solve tasks assigned by teacher, with aim of optimising their learning experience and that of other members of group |
Guest lecture / keynote speech |
Oral presentation (using audiovisual material and student interaction) designed to transmit knowledge and encourage learning |
Case study |
Teaching-learning method in which students are presented with a specific set of real-life circumstances and a problem (‘case’) which they must attempt to understand, assess and solve as a group through a process of discussion. Students should be able to analyse a series of facts relating to a particular area of knowledge or activity, and arrive at a rational conclusion via a process of discussion within small work groups
In particular, the group work will be carried out (individual or in group) activities in relation to one of the themes of the program. The steps to follow are: subject selection, documentation, general evaluation, periodic sessions with the teacher for follow-up, preparation of the presentation and presentation in the classroom. |
Aprendizaxe servizo |
Methodology that combines community service with learning in a single project, in which the student body is trained working on real needs of their environment in order to improve it. In this subject, students can develop activities within the project: "Economy with science and conscience: promoting sustainable development" |
Mixed objective/subjective test |
Mixed test consisting of essay-type and objective test questions. Essay section consists of open (extended answer) questions; objective test may contain multiple-choice, ordering and sequencing, short answer, binary, completion and/or multiple-matching questions. |
Personalized attention |
Methodologies
|
Case study |
Collaborative learning |
Aprendizaxe servizo |
|
Description |
Personalized attention in small group and in individual office hours, especially in relation to the work and other activities presented in the classroom or in Moodle.
The small group office hours (tutorías de grupo reducido) as well as the individual ones will be preferably virtual . |
|
Assessment |
Methodologies
|
Competencies / Results |
Description
|
Qualification
|
Case study |
A6 A9 A10 B2 B3 C1 |
It is part of the continuous assessment developed through collaborative learning achieved in classrooms and resulting in the completion of a series of case studies throughout the course.
Alternatively, or as complementary activities, this continuous evaluation can be evaluated by performing a MOOC or a service-learning project. |
60 |
Mixed objective/subjective test |
A2 A6 A12 B4 B10 |
Final exam: Mixed test consisting of essay-type and objective-test questions. Essay section consists of open (extended answer) questions; objective test may contain multiple-choice, ordering and sequencing, short answer, binary, completion and/or multiple-matching questions. Students must obtain a minimum of 2 points out of 4. |
40 |
|
Assessment comments |
The evaluation criteria are as follows A) EVALUATION REGULATIONS: 1. E valuation conditions: It is forbidden to access theexam room with any device that allows communication with the outside and/orstorage of information, except in the case of online exams or so indicated bythe teaching team. 2. Identification of the student: The student must bring andshow his/her ID card or passport the day of the exam in accordance with currentregulations. B) SPECIFIC EVALUATIONS: 1. Students that did not show up (in Spanish, "No presentado" grading): Corresponds to the student,when he/she only participates in evaluation activities weighted less than 20% onthe final grade, regardless of the achieved grade. 2. Students with recognition of part-time dedication and academic exemption from attendance exemption: In the first and second opportunity, the evaluation criteria will be considered according to the performance of a mixed test with a weight of 100% over the final grade. It will consist of a test in which theoretical and practical questions will be included in which the students will have to demonstrate that they have achieved the competences and the learning results of the subject. C) GRADING OPPORTUNITIES: 1. First opportunity: the evaluation criteria previously indicated inthis section will be applied. 2. Second opportunity: the criteria of the first opportunity are maintained and the grades achieved in the continuous assessment will be preserved. However, the possibility of retaking the part corresponding to "Case Studies" is offered. Alternatively, upon request, the student will have the opportunity to take a mixed test on the date of the official calendar, equivalent to 100% of the final grade. 3. Advance call: The conditions for evaluating this call will be specific to this opportunity. This will be evaluated through a mixed test that will represent 100% of the final grade. D) OTHER EVALUATION OBSERVATIONS: 1. On minimums in the evaluation criteria: A minimum grade is not required in the part of the continuous assessment. For the mixed test it is necessary to obtain 50% of the possible grade to be able to pass the subject. This requirement applies to both the first and second opportunities. For the whole activities (the two parts), the student must obtain a minimum score of 5 points to pass the course, but as long as the mixed test reaches a minimum of 50% of the test score. 2. Detection of fraud, whether plagiarism or any other action, will result in a final grade of 0 points.
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Sources of information |
Basic
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FAIÑA MEDIN, J.A. ( 2003). A Teoría de Xogos: O nobel de Economía e moito máis.... A Coruña, UDC
MARTIN, S. (2001). Advanced Industrial Organization. Blackwell Publishers; 2º Edición
FERNANDEZ DE CASTRO, J. e DUCH BROWN, N., (2003). Economía Industrial: Un enfoque estratégico. Madrid, McGraw-Hill
PEPALL, L., RICHARDS, D.J. and NORMAN, G (2002). Industrial Organization: Contemporary Theory and Practice. Ohio, South-Western, Thomson Learning
TIROLE, J., (1990). Teoría de la Organización Industrial. Ariel, Barcelona, |
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Complementary
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PHLIPS, L., (1995). Competition Policy: A Game-Theoretic Perspective. Cambridge University Press
Motta. M., (2004). Competition Policy: Theory and Practice. Cambridge University Press |
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Recommendations |
Subjects that it is recommended to have taken before |
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Subjects that are recommended to be taken simultaneously |
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Subjects that continue the syllabus |
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Other comments |
1. The delivery of the documentary works that are done in this subject: a. They will be requested in virtual format and / or in computer support b. It will be done through Moodle, in digital format and without needing to print them
2. The importance of the ethical principles related to the values of sustainability in personal and professional behaviors must be taken into account
3. Students will work to identify and modify prejudices and sexist attitudes, and they will influence the environment to modify them and promote values of respect and equality
4. The full integration of students that, for physical, sensory, psychological or socio-cultural reasons experience difficulties to adequate, equal and profitable access to university life will be facilitated |
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