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General information |
Course unit name: Business Economics
Course unit code: 363653
Academic year: 2025-2026
Coordinator: Ana Maria Nuņez Carballosa
Department: Department of Business
Credits: 6
Single program: S
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Estimated learning time |
Total number of hours 150 |
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Face-to-face and/or online activities |
60 |
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(Except the GIE group.) |
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- Lecture with practical component |
Face-to-face |
15 |
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- Problem-solving class |
Face-to-face |
45 |
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Supervised project |
40 |
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Independent learning |
50 |
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Competences / Learning outcomes to be gained during study |
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Capacity for learning and responsibility (capacity for analysis and synthesis, to adopt global perspectives and to apply the knowledge acquired/capacity to take decisions and adapt to new situations). |
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Creative and entrepreneurial skills (capacity to conceive, design and manage projects/capacity to research and integrate new knowledge and approaches). |
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Concern for sustainability (capacity to assess the social and environmental impact of actions taken in a particular setting/capacity to adopt integrated and systemic approaches). |
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To be able to interpret the development and changes in an environment. |
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Learning objectives |
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Referring to knowledge Acquire a general understanding of business economics and its key contents, including accurate knowledge of professional language and terminology in this field.
Acquire an understanding of the roles of the businessperson and the process of creating a business.
Learn to analyse the various costs of business operations and the impact of cost structure on results.
Learn to analyse the factors influencing the decision to locate a business in a particular area, to be able to choose between possible alternatives.
Develop the ability to evaluate the financial structure of a company and select investment projects.
Referring to abilities, skills Demonstrate a capacity for analysis, synthesis and diagnosis in the completion of case study analyses and problem-solving exercises. |
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Teaching blocks |
1. Introduction
1.1. Basic concepts of economics
1.2. The company as a unit of production: operations and business
2. The company and the businessperson
2.1. Types of business; the legal form of a company
2.2. Business growth
2.3. Business creation and entrepreneurship
2.4. The figure of the businessperson
2.5. The process of directing a company
2.6. The direction of operational subsystems
3. Business size
3.1. The concept of business size
3.2. Types of costs; break-even point
3.3. Business size and economies of scale
4. Localisation of business activity
4.1. Factors affecting localisation
4.2. Quantitative methods for localisation
5. Sources of financing and internal business cycles
5.1. Accounting documents
5.2. Sources of finance
5.3. Working capital cycle and operating cycle; average maturity period
5.4. Rotating funds or working capital
5.5. Financial analysis; fundamental ratios for financial management
5.6. The concept of profitability
6. Investments in the company
6.1. The concept of investment from a business perspective; types of investment
6.2. Evaluation of investment projects
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Teaching methods and general organization |
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The course combines lectures and various complementary practical sessions (case studies, problem-solving exercises, reading, etc.), which are completed either individually or in small groups, both in and out of class.
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Official assessment of learning outcomes |
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Assessment is intended to show whether or not the course objectives and competences have been accomplished. Students may choose one of two assessment options: continuous assessment or single assessment.
The different assessed activities have been designed to measure the competences developed in this subject:
Examination-based assessment Single assessment consists of a final examination worth 100% of the final grade. The final examination consists of a theory section and a practical section, the weightings of which will be specified in due time. A minimum score of 3 out of 10 must be obtained in each section. The theory section consists of multiple-choice and/or open-answer questions. The practical section consists of problem-solving questions or case studies. If this minimum score is not reached in any of the components, no weighted average is calculated, and the final grade for the subject is the score obtained in the failed component.
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Reading and study resources |
Check availability in Cercabib
Book
AGUER HORTAL, MARIO et al. (2012). Administración y dirección de empresas: teoría y ejercicios resueltos. Madrid: Centro de Estudios Ramón Areces
BUENO CAMPOS, EDUARDO (2010). Curso básico de economia de la empresa: un enfoque de organización. Madrid: Pirámide
CASTÁN FARRERO, JOSÉ MARÍA (2009). Fundamentos y aplicaciones de la gestión financiera de la empresa. Madrid: Pirámide
CUERVO GARCÍA, ÁLVARO (dir.). (2008). Introducción a la administración de empresas. Madrid: Thomson Civitas
GUITART TARRÉS, LAURA; NÚÑEZ CARBALLOSA, ANA (2006). Problemas de economía de la empresa. Barcelona: Edicions UB
IBORRA JUAN, MARÍA et al. (2014). Fundamentos de dirección de empresas: conceptos y habilidades directivas. Madrid: Paraninfo
MONTORO SÁNCHEZ, MARÍA ÁNGELES. et al. (2020). Fundamentos de Administración de empresas. Navarra: Aranzadi (Biblioteca Civitas)