Identifying Data 2021/22
Subject (*) Economic Analysis of Organisations Code 611G02023
Study programme
Grao en Administración e Dirección de Empresas
Descriptors Cycle Period Year Type Credits
Graduate 1st four-month period
Third Obligatory 6
Language
Spanish
Teaching method Face-to-face
Prerequisites
Department Empresa
Coordinador
Lopez Rodriguez, Jose
E-mail
jose.lopez.rodriguez@udc.es
Lecturers
Lopez Rodriguez, Jose
Rodriguez Fernandez, Maria Jose
Teijeiro Álvarez, Mercedes
E-mail
jose.lopez.rodriguez@udc.es
maria.jose.rfernandez@udc.es
mercedes.teijeiro@udc.es
Web
General description Análise e comprensión económica das organizacións, fundamentalmente da empresa, a partires da teoria de custos de transacción e a teoría da axencia. O estudo económico da empresa articulase en torno a dous aspectos: o goberno das transaccións e os incentivos. A asignatura dotará os alumnos dunha serie de competencias para a xestión das organizaciones, cuya aplicación exténdese fundamentalmente o ámbito da organización interna (incentivos, goberno corporativo, arquitectura organizativa) pero tamén a aspectos relacionados coa estratexia empresarial (integración vertical, subcontratación de actividades, acordos de colaboración)
Contingency plan 1. Modificacións nos contidos
Non se realizan cambios nos contidos
2. Metodoloxías
Non se realizan cambios nas metodoloxías docentes. En caso de que a situación sanitaria o requira a materia pasará a impartirse en modalidade semipresencial ou non presencial.
3. Mecanismos de atención personalizada ao alumnado
Correo electrónico:diariamente.De uso para consultas ,solicitar encontros virtuais ou para resolver dúbidas.
Moodle:diariamente. Segundo a necesidade do alumnado. Dispoñen de “foros temáticos asociados aos módulos” da materia, para formular as consultas necesarias.
Teams:sesións a demanda segundo a necesidade do alumnado para reforzar a comprensión da asignatura.
4. Modificacións na avaliación
Non se realizan cambios na avaliación.
*Observacións de avaliación:
1. Calificación de non presentado: si o estundate, non participa en actividades de avaliación continua ou na proba final, ou ámbalas duas.

2. Segunda oportunidade e convocatoria adiantada: os criterios de avaliación da segunda oportunidade e convocatoria adiantada son os descritos na guía.

3. Estudantes con recoñecemento de dedicación a tempo parcial e dispensa académica de exención de asistencia: Excepto para as datas aprobadas na Xunta de Facultade para a proba obxetiva final, para as restantes probas acordarase ó inicio do curso un calendario específico de datas compatible coa súa dedicación.
Serán avaliados cos mesmos criterios que os alumnos a tempo completo.
4. Sobre as condicións de avaliación: Se os exames se realizan en formato papel, está prohibido acceder ao examen con calqueira dispositivo que permita a comunicación co exterior e/o almacenamento de información.

5. Identificación do estudante: o estudante ha de acreditar a súa identidades dacordo coa normativa vixente.

5. Modificacións da bibliografía ou webgrafía
Non se realizan cambios na bibliografía ou webgrafía

Study programme competencies
Code Study programme competences
A1 Manage an enterprise or small organization, understanding their competitive and institutional position and identifying their strengths and weaknesses
A2 Integrate in any functional area of micro-firms or SMEs and perform fluently any management task commissioned
A3 Evaluate and foreseeing, from relevant data, the development of a company.
A4 Elaborate advisory reports on specific situations of companies and markets
A5 Write projects about specific functional areas (e.g. management, marketing, financial) of the company
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.
A9 Use frequently the information and communication technology (ICT) throughout their professional activity.
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
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
B6 CG1-Perform duties of management, advice and evaluation in business organizations
B7 CG2-Know how to use the concepts and techniques used in the various functional areas of the company and understand the relationships between them and with the overall objectives of the organization
B8 CG3- Know how to make decisions, and, in general, assume leadership roles.
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
To address the organizational problem as a problem of an economic nature. To identifying the most relevant dimensions in the study of organizational problems. To understand the company and, in a general way, the organizations as governance structures that function as an alternative way of organizing the economic activity through markets. To understand the functioning of the most relevant economic theories for the study and analysis of organizations, in particular, the transaction cost analysis and the agency theory. To detect, analyze, solve and communicate organizational problems, managing the concepts and theories of organizational economics. To realize that continuous education and knowledge are key to the best development of our lives and society. To instill ethical values as a guiding principle in behaviors as professionals and, above all, as citizens. To know how to work as a team. To encourage the use of ICT in personal communication tasks. A1
A2
A3
A4
A5
A6
A7
A8
A9
A10
A11
B1
B2
B3
B4
B5
B6
B7
B8
B9
B10
C1
C4
C5
C6
C7
C8

Contents
Topic Sub-topic
MODULE I. INTRODUCTION II.1. Introduction to orgnaizational economics
II.2. Contracts and efficiency

The specific contents of each module will be adapted to the singularities of each degree.
MODULE II. GOVERNANCE II.1. Theoretical fundaments: transaction cost economics
II.2. Applications: vertical integration

The specific contents of each module will be adapted to the singularities of each degree.
MODULE III. INCENTIVES III.1. Theoretical fundaments: agency theory
III.2. Applications: pay for performance and corporate governance

The specific contents of each module will be adapted to the singularities of each degree.

Planning
Methodologies / tests Competencies Ordinary class hours Student’s personal work hours Total hours
Document analysis A5 A7 A10 A11 B3 B5 B8 2 10 12
Workbook A11 0 8 8
Multiple-choice questions A11 A8 B1 B2 3 75 78
Problem solving A1 A2 A3 A4 A6 A8 A9 B4 B6 B7 C1 C5 C6 6 0 6
Oral presentation A7 A8 A9 A10 A11 B4 B5 B9 B10 C4 C7 C8 1 17 18
Guest lecture / keynote speech C4 C5 C7 C8 17 0 17
 
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
Document analysis Research skills development involving use of audiovisual and/or bibliographical documents (documentary or film extracts, news items, advertising images, photographs, articles, legal texts, etc.) relating to specific topic of study, with targeted analysis activities. Used as introduction to topic, as focus for case study, to explain abstract processes and present complex situations, or as strategy for synthesising content (theoretical and practical).
Workbook Compilation of printed texts and written documents, collected and edited as tool to consolidate knowledge of course content.
Multiple-choice questions Objective test in which student is required to select one option from list of possible answers to direct question or incomplete statement provided.
Problem solving Applied learning method in which student is required to use knowledge gained from study to propose a solution to a specific problem, where more than one solution may be possible.
Oral presentation Core component of teaching-learning process involving coordinated oral interaction between student and teacher, including proposition, explanation and dynamic exposition of facts, topics, tasks, ideas and principles.
Guest lecture / keynote speech Oral presentation (using audiovisual material and student interaction) designed to transmit knowledge and encourage learning. Presentations of this type are variously referred to as ‘expository method’, ‘guest lectures’ or ‘keynote speeches’. (The term ‘keynote’ refers only to a type of speech delivered on special occasions, for which the lecture sets the tone or establishes the underlying theme; it is characterised by its distinctive content, structure and purpose, and relies almost exclusively on the spoken word to communicate its ideas.)

Personalized attention
Methodologies
Guest lecture / keynote speech
Oral presentation
Description
In the tutoring hours the student will be attended to clarify those doubts that arise for the preparation of the subject, as well as regarding the preparation of the supervised work. Without mentioning the person who made the consultation during tutoring hours, it can be published in Moodle, along with their response, so that other students can take advantage of it. All this if the teacher considers it appropriate and of general interest to the exposed consultation.

Assessment
Methodologies Competencies Description Qualification
Multiple-choice questions A11 A8 B1 B2 Multple-choice questions with penalties for incorrect answers. 60
Oral presentation A7 A8 A9 A10 A11 B4 B5 B9 B10 C4 C7 C8 Oral presentation of two works complemented with the use of slides.
1st work related to transaction cost theory or an application of transaction cost theory (for example, vertical integration, hybrid forms of organization, organizational structure, etc.)
2nd work related to agency theory or an application of agency theory (eg incentives, corporate governance, etc.)
The work will be done in groups.
40
 
Assessment comments

A) EVALUATION REGULATIONS: 

 1. Evaluation conditions: It is forbidden to access the exam room with any device that allows communication with the outside and/or storage of information. 

 2. Identification of the student: The student must bring and show his/her ID card or passport the day of the exam in accordance with current regulations. 

 

B) TYPES OF GRADINGS: 

 1. "No presentado" grading: Corresponds to the student, when she only participates in evaluation activities weighted less than 20% on the final qualification, regardless of the achieved qualification.

 2. Students with recognition of part-time dedication and academic exemption of waiver attendance: the evaluation will be done with the same contents and criteria as full-time students. At the beginning of the course, these students will address to the teachers of the subject to agree on a schedule of actions in order to enable the realization of the evaluation activities. 

 

C) GRADING OPPORTUNITIES: 

 1. First opportunity: The evaluation of the first opportunity will be completely continuous based on a multiple choice test (60%) and the oral presentation (40%). In the case of multiple-choice test, the date of realization will be the official day settled for the first opportunity. The oral presentation projects will be during the lecturing period, according to the dates settled by the teachers of the subject. To pass the course it will be necessary to get a minimum of 5 points out of 10 in the overall calculation of the assessment, however it is a sine qua non condition to get 5 points out of 10 in the multipe-choice test. If this minimum is not reached in the test, the subject cannot be passed and the grade will be that of the exam.

  2. Second opportunity: As for the second opportunity, the grades of the supervised project will be kept into account. In addition, whenever possible, the oral presentations may be recovered, if some students would not have done it. In that case, the student will address the teacher well in advance to indicate the desire to recover the work, which must be delivered and submitted before the date of the official examination of the second opportunity; if this is not possible due to issues of dates, or commitments of the teacher, the evaluation will consist only of a multiple-choice test, maintaining the weighting of 60%. To pass the subject, it will be necessary to obtain a minimum of 5 points out of 10 in the overall calculus, however it is a sine qua non condition to obtain 5 points out of 10 in the multiple-choice test. If this minimum is not reached in the test, the subject cannot be passed and the grade will be that of the exam. 

 3. Advance call: Students who take the exam in the advance call, the evaluation will consist in the realization of a test exam and to pass the subject the students must reach a minimum of 5 points out of 10. 

 

D) OTHER EVALUATION OBSERVATIONS: 


Sources of information
Basic Duma, S. y Schreuder, H. (1991). Economic approaches to organizations. Prentice Hall
Milgrom, P. y Roberts, J. (1992). Economics, Organizations and Management. Prentice Hall
Williamson, O.E. (1985). The Economic Institutions of Capitalism, New York:Free Press.. Macmillan

Complementary

Dranove, M. Shanley y S. Schaefer (2003), Economics of Strategy. Third Edition. John Wiley & Sons, Inc.

Brickley, J.A., Smith, C.W., Zimmerman, J.L. (2005), Economía Empresarial y Arquitectura de la organización. Ed. McGraw Hill

Salas (1996), Economía de la empresa. Decisiones y organización. Ariel Economía. 2ª Edición.

Williamson, O.E. (1975), Markets and Hierarchies: Analysis and Antitrust implications. Free Press, New York, NY. Traducido como Williamson, O.E. (1991): Mercados y Jerarquías: Su Análisis y sus Implicaciones Antitrust, México: Fondo de Cultura Económica


Recommendations
Subjects that it is recommended to have taken before
Principles of Microeconomics/611G02001
Business Economics: Management and Organisation/611G02008

Subjects that are recommended to be taken simultaneously

Subjects that continue the syllabus

Other comments

1. The delivery of the documentary works carried out in this subject:

a)  It will be requested in virtual format (email, etc) and /or any kind of computer compatible devise

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

2. The importance of ethical principles related to sustainability values ??in personal and professional behavior must be taken into account.

3. Work will be done to identify and modify sexist prejudices and attitudes and the environment will be influenced to modify them and promote values of respect and equality.

4. The full integration of students who, for physical, sensory, psychological or sociocultural reasons, experience difficulties to an adequate, equal and profitable 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.