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Course description
  INTRODUCTION TO MICROECONOMICS

Competencies and objectives

 

Course context for academic year 2022-23

In this course you will learn economics principles by first participating in experimental classroom markets and then studying the related economic theory and applications. The subject of economics is ideally suited to an experimental approach. By participating in economic experiments, you will be able to observe economic principles in action. After you have participated in an experiment and recorded the results, I will present economic theories designed to explain what happened in the laboratory. With the data collected from the classroom experiments, you can discover how well or how badly each theory works in predicting the experimental outcome. With this motivation, theories come to life and once they seem real, they become interesting.

 

 

Course content (verified by ANECA in official undergraduate and Master’s degrees)

General Competences (CG)

  • CG2 : Capacity to work in a team.
  • CG3 : Capacity for self-learning.
  • CG5 : Capacity to make decisions by putting theoretical knowledge into practice.
  • CG8 : Analyse problems using critical reasoning, without prejudices, precisely and rigorously.
  • CG9 : Capacity to synthesise.

 

General Competences acquired at University of Alicante (CGUA)

  • CGUA1 : Read and communicate in a foreign language in a professional environment, especially in English.
  • CGUA3 : Capacity for oral and written communication.

 

Specific Competences (CE)

  • CE11 : Understand the most common strategic analysis tools for analysing companies in their context.
  • CE15 : Prepare decision-making in companies and organisations, especially at operational and tactical level.
  • CE3 : Use relevant computer records to evaluate the situation and possible evolution of a company.
  • CE6 : Understand economic institutions as the result and application of theoretical or formal representations of how the economy works.

 

 

 

Learning outcomes (Training objectives)

No data

 

 

Specific objectives stated by the academic staff for academic year 2022-23

You will come to appreciate the great power and some of the shortcomings of economic theory in explaining the economic world in which we live.

 

 

General

Code: 22001
Lecturer responsible:
BALLESTER PLA, PABLO CORALIO
Credits ECTS: 6,00
Theoretical credits: 1,50
Practical credits: 0,90
Distance-base hours: 3,60

Departments involved

  • Dept: FOUNDATIONS OF ECONOMIC ANALYSIS
    Area: FOUNDATIONS OF ECONOMIC ANALYSIS
    Theoretical credits: 1,5
    Practical credits: 0,9
    This Dept. is responsible for the course.
    This Dept. is responsible for the final mark record.

Study programmes where this course is taught