This course is structured to help (and oblige) the student to be up to date with work. The final exam represents 60% of the total grade, the projects, 30%, and other in-class activities and participation (10%). The continuous assessment is fundamental to pass the course.

In order to pass the course, it is necessary to obtain a minimum of 5 points out of 10 (as the total grade) and a minimum of 4 points out of 10 in the final exam.

The same grading criteria will be applied in the first opportunity and in the second opportunity.

The student is considered within the general ongoing assessment if he/she presents over 20% of total practice. Conditions of conducting the final assessment: It is prohibited to access the classroom exam with any device which allows communication with external and/or storage of information.

Advance opportunity:

Being a first semester course, the conditions will be the same as for the rest of the courses (40% continuous evaluation + 60% written).

Students with recognition of part-time dedication or academic exemption of attendance exemption:

They may do the work individually. Personalized tutoring will be mutually agreed teacher-student.

Learning outcomes	Study programme competences
1. To identify the strenghts and weaknesses of the world economies and position themselves in the main current debates on the current situation and trends in the world economy 2. To understand and analyze the influence of population growth, natural resources, accumulation of physical and human capital, technology, institutions and inequalities in the economic development of the different countries 3. To know and handle the statistical and documentary sources related to the world and Spanish economy 4. To apply the tools of economic analysis to the study of the world economy 5. To develop the ability to use economic principles to understand the current economic events 6. To use correctly the economic vocabulary most linked to the course	A2 A3 A4 A5 A6 A8 A9 A10 A11 A12
1.To know the basic features of the world economy and understand the main concepts of development in its economic, social and environmental dimensions. 2. To know the interrelations between the production, income and expenditure flows, to be familiar with the main macromagnitudes of the economy 3. To know the main economic models, at an introductory level 4. To know and understand the importance of the long-term growth rate and the magnitude of income differences between countries 5. To establish basic knowledge of the main aggregates and their systematization through quantitative analysis instruments such as the National Accounts (SEC) and the Balance of Payments 6. To know the phenomenon of globalization, its potential and its risks for the development of countries 7. To know and value the role of international institutions in charge of regulating international economic relations, especially commercial and financial ones, and their future challenges 8. To know the approaches related to the sustainability of development and the strategies that have been designed in recent years for this purpose	A1 A7 A9 A13	B1 B2 B3 B4 B5 B6 B7 B8 B9	C1 C3
1. Ethical commitment to work and society 2. Ability to work as a team 3. Ability to be interested in economic problems and their solution 4. Ability to think and express an opinion in relation to the most relevant economic problems 5. Ability to search, filter, process and interpret economically diverse sources of information (bibliography and statistics), both in Spanish and English, using different tools 6. Capacity for critical thinking 7. Active actitude to current events that affect the economic environment of the world			C4 C5 C6 C7 C8

Topic	Sub-topic
I: Measuring the economy	1. The principles of economic activity. Economic macromagnitudes. National accounts (SEC) 2. External accounts: Balance of payments 3. Socio-economic indicators of growth and development. Statistics from WB, OECD, IMF, UNCTAD, WTO, UNDP, EUROSTAT
II. Analysis of the world economy. Globalization and the role of International Economic Institutions	4. Evolution of the world economy under the capitalist framework. The globalization of the economy since Bretton Woods 5. Theories of economic growth and development. The virtuous/vicious circle of development/poverty. Emerging economies. 6. Challenges of sustainable development (ODS): growth, welfare, environment, migrations
III. Relacións económicas internacionais e globalización	7. Internalization and international trade. WTO and UNCTAD 8. International financial system, financial globalization and financial crisis. WB and IMF 9. Economic integration. The European Union

Methodologies / tests	Competencies	Ordinary class hours	Student’s personal work hours	Total hours
Introductory activities	A1 A3	2	0	2
Document analysis	A5 A7 A9	6	4	10
Collaborative learning	A12 A13 B9	4	6	10
Directed discussion	C3 C4	6	4	10
Workbook	B8 C6	0	4	4
Oral presentation	A12 C1	6	12	18
Mixed objective/subjective test	A9 A12 C1 C3	2	8	10
Guest lecture / keynote speech	A2 A3 A7	15	30	45
Problem solving	A9 C3 C4 C6 C7	6	12	18
Seminar	A3 A12	4	0	4
Supervised projects	A3 A2 B7	6	12	18

Personalized attention		1	0	1

(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies	Description
Introductory activities	Presentation of the course where it is explained to the students the syllabus (main content of the course), the basic tools for the measurement of the economy, the bibliography (sources that will be used during the course), and the requirements for the continuous assessment and the grading policy
Document analysis	Introduction of the main databases, national and international ones, with relevant economic information for the analysis of the world economy to study the world economy
Collaborative learning	Learning in work groups following a specific work strategy to achieve the previously established objectives
Directed discussion	Oriented to debate, reflection, and discussion on issues related to the global economy in a context of globalization
Workbook	Readings and synthesis of articles and reports of interest that the professor will propose for analysis and subsequent debate
Oral presentation	Oral presentation of the tutored projects that will be orally presented and defended to the class
Mixed objective/subjective test	Written test on the acquired knowledge of the subject
Guest lecture / keynote speech	This teaching method will be used in order to provide the students with organized information on the fundamental knowledge related to the different topics
Problem solving	Problems and exercises aimed to applying the basic tecniquees of economic analysis
Seminar	Work in small groups in the classrooms either doing some follow-up tests or supervising the projects
Supervised projects	There will be tutored group projects related to a topic of the syllabus that will be selected by the teacher. The steps to follow are: topic selection, documentation, index, periodical sessions with the teacher to follow-up, search and processing data and preparation of the oral presentation

Methodologies	Competencies	Description	Qualification
Supervised projects	A3 A2 B7	Course work corresponding to continuous asessments: part of quantitative analysis, explanation of the methodology used, development of the topic and bibliography used. These projects will be tutorized by the teacher before the oral presentation	15
Mixed objective/subjective test	A9 A12 C1 C3	The mixed test corresponds to the final written exam to evaluate the level of knowledge that the student has acquired at the end of the course. Optionally, between teacher and the studetns, this test can be substituted by two eliminatory test, the sum of both being 60% of the total score	60
Oral presentation	A12 C1	Continuous assessment: part of the course work corresponding to the oral presentations. This grade is individual per student	15
Directed discussion	C3 C4	Participation in the debates, reasoned arguments in the discussion, use of eocnomic language, comments on the readings and class participation	10

Assessment comments
This course is structured to help (and oblige) the student to be up to date with work. The final exam represents 60% of the total grade, the projects, 30%, and other in-class activities and participation (10%). The continuous assessment is fundamental to pass the course. In order to pass the course, it is necessary to obtain a minimum of 5 points out of 10 (as the total grade) and a minimum of 4 points out of 10 in the final exam. The same grading criteria will be applied in the first opportunity and in the second opportunity. The student is considered within the general ongoing assessment if he/she presents over 20% of total practice. Conditions of conducting the final assessment: It is prohibited to access the classroom exam with any device which allows communication with external and/or storage of information. Advance opportunity: Being a first semester course, the conditions will be the same as for the rest of the courses (40% continuous evaluation + 60% written). Students with recognition of part-time dedication or academic exemption of attendance exemption: They may do the work individually. Personalized tutoring will be mutually agreed teacher-student.

Basic
	Alonso, J.A.(dir.) (última edición, aunque según los temas valen ediciones anteriores) Lecciones sobre Economía Mundial. Lecciones de Economía Mundial, Civitas, Madrid. ? Durán, G. García de la Cruz y Sánchez Díez (2013), Estructura económica y relaciones internacionales, Garceta, Madrid. ? Viñas Apaolaza, Pérez Ortiz y Sánchez Díez (2013), Análisis del Entorno Económico Internacional, Garceta, Madrid. ? Requeijo y otros (2007), Indicadores de Estructura Económica, Delta Publicaciones, Madrid. ? García de la Cruz, Durán, y Sánchez Díez (coord.) (2011), La economía mundial en transformación, Paraninfo, Madrid. ? Nieto Solís, J. A. (2005) Organización económica internacional y globalización, Ed. Siglo XXI, Madrid. ? Pugel, Thomas A. (2004) Economía Internacional, Ed. McGraw-Hill (12 edición) Banco Mundial. Informe sobre el desarrollo mundial. www.worldbank.org ? EUROSTAT. Anuario Estadístico. www.europa.eu.int ? FMI. Direction of Trade Statistics Yearbook. www.imf.org ? INE. Cuentas económicas www.ine.es ? OCDE. Perspectivas económicas de la OCDE. www.oecd.org ? OMC. Informe anual. www.wto.org ? ONU. Anuario estadístico. www.un.org ? PNUD. Informe sobre el desarrollo humano. www.undp.org ? UNCTAD. Trade and Development Report. www.unctad.org ? CEPAL. Comisión Económica para América Latina y Caribe. www.eclac.cl ? Revista de Economía Mundial http://www.sem-wes.org/seccion.php?menu=15&idsec=15 ? Información Comercial Española http://www.revistasice.com/es-ES/Paginas/default.aspx ? Revista de Economía Aplicada http://www.revecap.com/revista/
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