Identifying Data 2020/21
Subject (*) Principles of Microeconomics Code 611G02001
Study programme
Grao en Administración e Dirección de Empresas
Descriptors Cycle Period Year Type Credits
Graduate 1st four-month period
First Basic training 6
Language
Spanish
Teaching method Face-to-face
Prerequisites
Department Economía
Coordinador
Barreiro Viñan, Jose Manuel
E-mail
jose.barreiro.vinan@udc.es
Lecturers
Alló Pazos, María
Barreiro Viñan, Jose Manuel
Couñago Garrido, Celia
Garcia Lorenzo, Antonio
Sanchez De Paz, Elena
E-mail
maria.allo.pazos@udc.es
jose.barreiro.vinan@udc.es
c.counago@udc.es
antonio.garcia.lorenzo@udc.es
elena.sanchez@udc.es
Web
General description Trátase de ter unha visión do funcionamento dos mercados no marco da Teoría Económica. Así mesmo, explicarase a metodoloxía económica, basicamente microeconómica. A análise desenvólvese utilizando modelos matemáticos sinxelos e con apoio gráfico.
Contingency plan 1. Modificacións nos contidos
Non se modifican os contidos. Adaptaranse a docencia virtual.
2. Metodoloxías
*Metodoloxías docentes que se manteñen
As clases expositivas
*Metodoloxías docentes que se modifican
As clases interactivas
3. Mecanismos de atención personalizada ao alumnado
Teams e Moodle
4. Modificacións na avaliación
Sen modificacións
*Observacións de avaliación:
As probas de evaluación continua poderan ser virtuais

5. Modificacións da bibliografía ou webgrafía
Sen modificacións

Study programme competencies
Code Study programme competences
A4 Elaborate advisory reports on specific situations of companies and markets
A6 Identify the relevant sources of economic information and to interpret the content.
A7 Understand economic institutions as a result and application of theoretical or formal representations which explain the evolution of the economy.
A8 Derive, based on from basic information, relevant data unrecognizable by non-professionals.
A10 Read and communicate in a professional environment at a basic level in more than one language, particularly in English
A11 To analyze the problems of the firm based on management technical tools and professional criteria
A12 Communicate fluently in their environment and work by teams
B1 CB1-The students must demonstrate knowledge and understanding in a field of study that part of the basis of general secondary education, although it is supported by advanced textbooks, and also includes some aspects that imply knowledge of the forefront of their field of study
B2 CB2 - The students can apply their knowledge to their work or vocation in a professional way and have competences typically demostrated by means of the elaboration and defense of arguments and solving problems within their area of work
B3 CB3- The students have the ability to gather and interpret relevant data (usually within their field of study) to issue evaluations that include reflection on relevant social, scientific or ethical
B4 CB4-Communicate information, ideas, problems and solutions to an audience both skilled and unskilled
B5 CB5-Develop skills needed to undertake further studies learning with a high degree of autonomy
B9 CG4-Learn to identify and anticipate opportunities, allocate resources, organize information, select and motivate people, make decisions under conditions of - uncertainty, achieve the proposed objectives and evaluate results
B10 CG5-Respect the fundamental and equal rights for men and women, promoting respect of human rights and the principles of equal opportunities, non-discrimination and universal accessibility for people with disabilities.
C1 Express correctly, both orally and in writing, in the official languages of the autonomous region
C4 To be trained for the exercise of citizenship open, educated, critical, committed, democratic, capable of analyzing reality and diagnose problems, formulate and implement knowledge-based solutions oriented to the common good
C5 Understand the importance of entrepreneurial culture and know the means and resources available to entrepreneurs
C6 Assess critically the knowledge, technology and information available to solve the problems and take valuable decisions
C7 Assume as professionals and citizens the importance of learning throughout life.
C8 Assess the importance of research, innovation and technological development in the economic and cultural progress of society.

Learning aims
Learning outcomes Study programme competences
Learn the basic concepts and relationships of the Microeconomic Theory. A4
A6
A7
A8
A10
A11
A12
C1
C4
C5
C6
C7
C8
Identify economic opportunities in order to benefit from them; assign scarce resources; assess final outcomes; etc. Respect the basic human rights and the ideal of equality of opportunity. B9
B10
Understand the basic microeconomic concepts by means of different reference textbooks. Elaborate arguments to solve different economic problems. Develop the ability to interact with other skilled workers. Communicate ideas, problems, solutions, etc. to both specialized and non-specialized audience. Obtain and develop the skills to enroll in postgraduate programs. B1
B2
B3
B4
B5

Contents
Topic Sub-topic
PART 1: INTRODUCTION Economics. Preliminaries
The Basics of Supply and Demand
PART 2: CONSUMER THEORY Consumer Behaviour
Individual and Market Demand
PART 3: THE THEORY OF THE FIRM Production
The Cost of Production
PART 4: MARKET STRUCTURE Profit Maximization and Competitive Supply
The Analysis of Competitive Markets
Market Power: Monopoly

Planning
Methodologies / tests Competencies Ordinary class hours Student’s personal work hours Total hours
Objective test C6 C7 2 18 20
Guest lecture / keynote speech A7 A8 A10 A11 B1 B2 B3 B4 B5 B9 B10 C8 17 34 51
Case study A4 A6 10 10 20
Directed discussion C1 C4 C5 10 14 24
Seminar A12 4 0 4
Problem solving A6 5 15 20
 
Personalized attention 11 0 11
 
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies
Methodologies Description
Objective test Written test that may combine multiple choice questions, sorting, short-answer and / or discrimination
Guest lecture / keynote speech Lectures with media support, that may be completed with the introduction of questions to students to boost interactive learning and improve the knowledge transmition
Case study The student is faced to a particular problem (the case) that describes a real or supposed professional situation and he (she) must be able to analyze and solve it.
Directed discussion Theoretical and practical issues to resolve in ineteractive sessions
Seminar Group Mentoring: The whole group is divided in two subgroups (the half of the students in each one -about 15 students each-) and there will be four mentoring group hours for each subgroup along the course.
Problem solving Practical issues to solve in interactive sessions

Personalized attention
Methodologies
Problem solving
Case study
Directed discussion
Seminar
Description
Interactive sessions aim to deal individually with all students in order to monitor their performance.

Assessment
Methodologies Competencies Description Qualification
Problem solving A6 The handing over of the solution to the exercises proposed by the teachers will be assesed. 10
Objective test C6 C7 At some point of the term written tests will be set, and they will be part of the final mark. In order to pass the subject, it is compulsory to obtain, at least, 3,5 of a maximum level of 7 points. 70
Case study A4 A6 The handing over of the solution to the exercises proposed by the teachers will be assesed. 10
Directed discussion C1 C4 C5 The handing over of the solution to the exercises proposed by the teachers will be assesed. 10
 
Assessment comments

In order to pass the subject the student must obtain, at least, 5 points of a maximum of 10. Additionally, it is also necessary to obtain at least 3,5 points (of a maximum of 7) in the written exams.

The student will get the "No Presentado" final mark in the case in which s/he does not take part in at least 20% of the assessments activities.

All the issues that will be covered throughout the term are described in the syllabus. The sources of information are detailed in the suggested references.

Those who have to make use of the second
opportunity to pass the subject will be evaluated exactly as those who
have passed the subject in the first opportunity.

Those who have to make use of the "early opportunity" must get at least
5, out of 10, to pass the subject. The same criterion would be applied
to the part time students and to those who have "dispensa académica de
exención de asistencia" according to UDC's regulation.

Sources of information
Basic García, P.; Ribó, A.; Sánchez-Losada, F.; Serrano, M.;Stoyavana, A.; Vialalta, L. (2015). 100 Problemas de microeconomía que te harán pensar. Madrid. Paraninfo
Antelo, Manel (2015). Curso Práctico de Microeconomía Intermedia. Universidade de Santiago de Compostela
Blanco Sánchez, Juan Manuel (2008). Economía. Teoría y práctica. Madrid. Mc Graw-Hill
Varian, H.R. (2010). Intermediate Microeconomics. Norton
Pindyck, R.S. y Rubinfeld, D.L. (2009). Microeconomía. Madrid. Pearson
Krugman, P; Wells, R. (2013). Microeconomía. Barcelona. Reverte
Carrasco, A. et. al. (2013). Microeconomía: ejercicios y cuestiones. Madrid. Mc Graw-Hill
Krugman, P and Wells, R (2013). Microeconomics.
Pindyck R S and Rubinfeld, D L (2013). Microeconomics. Pearson
Barreiro, J., Couñago, C. y García, A. (2004). Prácticas de Microeconomía para un curso de Introducción. A Coruña. Universidade da Coruña
García, A y Barreiro, J. (2010). Principios de Microeconomía: manual para las clases prácticas. A Coruña. Repografía Noroeste, S.L.
Complementary Krugman, P. y Wells, R. (2006). Introducción a la Economía. Microeconomía. . Editorial Reverté.
Frank, R.H. (2005). Microeconomía y Conducta.. 5ª Edición. McGraw-Hill
Case, K.E. y Fair, R.C. (2008). Principios de Microeconomía. 8ª Edición. Pearson


Recommendations
Subjects that it is recommended to have taken before

Subjects that are recommended to be taken simultaneously

Subjects that continue the syllabus

Other comments

Students are encouraged to attend the lectures and to show an important level of participation.

We strongly recomend the use of the textbooks mentioned in the sources of information.

Additionally, students should try to solve the exercises set during the lectures.

Recommendations:

1.- The delivery of the works in this subject:

1.1. It will be requested in virtual format and / or electronic form.

1.2. It will be done through Moodle, in digital format without the need to print them.

1.3. In case you decide to choose the paper:

- Plastics will not be used.

- Double-sided prints will be made.

- Recycled paper will be used.

- Printing of drafts will be avoided.

2. The full integration of students with physical, sensory, psychological or socio-cultural reasons that experience difficulties in equitable, equal and useful access to university life will be facilitated.



(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.