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Course description

Competencies and objectives


Course context for academic year 2018-19

This subject is the first course in the sequence of Macroeconomics. It is continued with an Intermediate Macroeconomics course during the first semester of the second year. It falls within the subject Economic Analysis.

The aim of this course is to provide students with a basic knowledge, both theoretical and empirical, so as to understand and analyze economic problems at the aggregate level. Also teaches students to use critical thinking to raise economic problems and solve them.



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

General Competences (CG)

  • CG2 : Capacity for team work.
  • CG3 : Capacity for self-learning.
  • CG8 : Analyse problems using critical reasoning, without prejudices, precisely and rigorously.
  • CG9 : Capacity for synthesis.


General Competences acquired at University of Alicante (CGUA)

  • CGUA3 : Capacity for oral and written communication.


Specific Competences (CE)

  • CE10 : Capacity to apply the knowledge and skills acquired to solve theoretical and applied economic problems.
  • CE3 : Bring a rational approach to the analysis and description of any aspect of economic reality.
  • CE6 : Draft economic management projects at international, national or regional level.
  • CE8 : Identify the sources of relevant economic information and their content.
  • CE9 : Understand economic institutions as the result and application of theoretical or formal representations of how the economy works.




Learning outcomes (Training objectives)

  • To understand the basic problems addressed by Macroeconomics: activity, employment and aggregate prices.
  • To understand the indicators used to measure the aggregate progress of the economy.
  • To understand the importance of economic growth and the role played by the financial system.
  • To understand the nature of economic cycles and the economic policy tools used to stabilise fluctuations.
  • Introduction to the problems associated with open economies in their commercial and financial dealings with other countries.



Specific objectives stated by the academic staff for academic year 2018-19





Code: 35005
Lecturer responsible:
Credits ECTS: 6,00
Theoretical credits: 1,50
Practical credits: 0,90
Distance-base hours: 3,60

Departments involved

    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