Competencies and objectives


Course context for academic year 2022-23

Fundamentals of Business Economics is a basic introductory course in which students acquire knowledge that allows them to be familiar with concepts and administration tools, so students can interpret business reality from a systematic and global perspective. From this point of view, the main focus of the subject is based on studying the company, the employer, and main business decisions. This is done in order to establish a first contact with reasoning knowledge and techniques that, later, will be developed in subjects such as business management and leadership. In particular, we can highlight the direct relationship with the following subjects within the degree of BUSINESS ADMINISTRATION:
o Operations management, 1st year.
o Organisation Designing, 2nd year.
o Strategic management of the company I, 3rd year.
o Strategic management of the company II, 3rd year.
o Strategy and International Management ot the company, 4th year.
o Entrepreneurship, 4th year.
o Human Resource Management, 4th year.
o Environmental quality management, 4th year.



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

General Competences (CG)

  • CG1 : Capacity to find and analyse information.
  • CG2 : Capacity to work in a team.
  • CG3 : Capacity for self-learning.
  • CG4 : Apply professional criteria based on using technical instruments to analyse problems.
  • CG5 : Capacity to make decisions by putting theoretical knowledge into practice.
  • CG6 : Obtain important information that is impossible for non-professionals to recognise from the data.
  • CG7 : Ethical commitment and social responsibility at work, respecting the environment, being aware of and understanding the importance of respecting Fundamental Rights, Equal Opportunities for Men and Women, Universal Accessibility for the Disabled and respect for the Values of Peaceful Culture and Democratic Values.
  • CG8 : Analyse problems using critical reasoning, without prejudices, precisely and rigorously.
  • CG9 : Capacity to synthesise.


General Competences acquired at University of Alicante (CGUA)

  • CGUA3 : Capacity for oral and written communication.


Specific Competences (CE)

  • CE1 : Manage and administrate a small, medium or large company, understanding its competitive and institutional positioning and identifying its strengths and weaknesses.
  • CE10 : Know how to use different technical instruments for the analysis of operations and assimilate the main theories of organisations to be able to analyse a company in its context.
  • CE15 : Prepare decision-making in companies and organisations, especially at operational and tactical level.




Learning outcomes (Training objectives)

No data



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

Conceptual Objectives
1. Know the evolution of the different theories for organisation and business administration.
2. Know what elements and characteristics define the business environment, distinguishing two basic types: macro and micro.
3. Distinguish the stages of the decision-making process and the most common mistakes made.
Procedural Objectives
1. Learn to use mathematical models for decision making.

Attitudinal Objectives
1. Develop a critical approach in business situations.
2. Develop different visions of the role of the company as a tool for economic development.





Code: 22003
Lecturer responsible:
Credits ECTS: 6,00
Theoretical credits: 1,20
Practical credits: 1,20
Distance-base hours: 3,60

Departments involved

    Theoretical credits: 1,2
    Practical credits: 1,2
    This Dept. is responsible for the course.
    This Dept. is responsible for the final mark record.

Study programmes where this course is taught