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Class Introduction to Economy

  • Presentation

    Presentation

    To teach concepts and basic relations of microeconomics and macroeconomics, with a view to the acquisition of knowledge conducive to the application of this knowledge in the resolution of concrete problems, both theoretical and practical. It is also intended to equip students with a critical spirit in relation to economic problems and the capacity for analysis and informed discussion of the problems of the elementary hands.

  • Code

    Code

    ULHT172-98
  • Syllabus

    Syllabus

    . The Fundamentals of Economics
    2. Basic Elements of Supply and Demand
    3. Consumer Theory
    4. The Producer Theory
    4.1. Basic concepts
    4.2. Marginal Product Decreasing
    4.3. Scale Income
    4.4. Short Term and Long Term
    5. Costs Function
    6. Markets
    6.1. Perfect Competition
    6.2. Imperfect Competition and the Extreme Monopoly Case
    7. Public Sector
    7.1. The Functions of the State and its Economic Role
    7.2. Externalities and Public Goods
    7.3. Taxation
    8. Vision and Measurement of Macroeconomics
    8.1. Objectives and instruments of Macroeconomics
    8.2. Gross Domestic Product
    8.3. National Accounts Details
    8.4. Price Indexes and Inflation
    9.Consumption and Investment
     

  • Objectives

    Objectives

    In the curricular unit of Introduction to economics it is intended:
    - Openness to scientific knowledge.
    - Demonstration of general culture in economics concepts.
      - Economic analysis of factors relating to human resources

  • References

    References

    Mankiw, N. Gregory (2021), Principles in Economics, Cengage Learning; 9 edition

    Glenn Hubbard, Anthony P. O'Brien (2007), Microeconomics, Prentice Hall, 2nd Edition

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