Business and Economic Environment

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Credits
6
Types
Compulsory
Requirements
This subject has not requirements, but it has got previous capacities
Department
OE
Economics Part:
Study the socioeconomic environment where the activity of the company through sessions that simulate a minicourse about how to be a good minister of economy and provides tools to understand how the economy of a country.
  Business Part:
Description of what is a company, relationships with the environment, the role of the employer, the type of company, etc..We study he main processes and activities carried out in each department, as if it were a documentary series called "What is the business?"

Teachers

Person in charge

  • Joan Carles Gil Martin ( )
  • Jose M. Cabré Garcia ( )

Others

  • Joan Subirats Soler ( )

Weekly hours

Theory
3
Problems
0.9
Laboratory
0
Guided learning
0.5
Autonomous learning
5.6

Competences

Technical Competences

Common technical competencies

  • CT2 - To use properly theories, procedures and tools in the professional development of the informatics engineering in all its fields (specification, design, implementation, deployment and products evaluation) demonstrating the comprehension of the adopted compromises in the design decisions.
    • CT2.3 - To design, develop, select and evaluate computer applications, systems and services and, at the same time, ensure its reliability, security and quality in function of ethical principles and the current legislation and normative.
  • CT3 - To demonstrate knowledge and comprehension of the organizational, economic and legal context where her work is developed (proper knowledge about the company concept, the institutional and legal framework of the company and its organization and management)
    • CT3.1 - To understand and explain reasonably the basic economical concepts, the objectives and the instruments of economical politics and their influence in the economical activity.
    • CT3.2 - To know and describe the main processes of the functional areas of a company and the existent links between them, which make possible the coordination and integration in a group.
    • CT3.3 - To be able to find and interpret basic information for evaluating the economic environment of the organization.
    • CT3.4 - To know the basic financial concepts which allow valuing the costs and benefits of a project or different alternatives, monitor a budget, control the cost, etc.
    • CT3.5 - To identify the use possibilities and benefits which can be derived from an application in the different business software typologies and existent ICT services.
    • CT3.6 - To demonstrate knowledge about the ethical dimension of the company: in general, the social and corporative responsibility and, concretely, the civil and professional responsibilities of the informatics engineer.
    • CT3.7 - To demonstrate knowledge about the normative and regulation of informatics in a national, European and international scope.
  • CT8 - To plan, conceive, deploy and manage computer projects, services and systems in every field, to lead the start-up, the continuous improvement and to value the economical and social impact.
    • CT8.1 - To identify current and emerging technologies and evaluate if they are applicable, to satisfy the users needs.

Transversal Competences

Entrepreneurship and innovation

  • G1 [Avaluable] - To know and understand the organization of a company and the sciences which govern its activity; capacity to understand the labour rules and the relation between planning, industrial and business strategies, quality and benefit. To develop creativity, entrepreneur spirit and innovation tendency.
    • G1.1 - To have initiatives and acquire basic knowledge about organizations and to familiarize oneself with the instruments and techniques of generation and management of ideas, which allow solving known problems, and generate opportunities.

Objectives

  1. Students must acquire critical thinking that would be allowed to find out what the best economic policy to an adverse situation or not in an economic system and, simultaneously, to understand why we reached this critical situation.
    Related competences: G1.1, CT3.1, CT3.3,
  2. El alumno ha de ser capaz de demostrar conocimiento general del concepto de empresa y de organización i del rol del empresario, y clasificar una organización empresarial según los diferentes criterios, en especial, saber identificar las formas jurídicas más adecuadas.
    Related competences: G1.1, CT3.2,
  3. El alumno ha de conocer el funcionamiento de la empresa como sistema, los diferentes subsistemas o áreas funcionales, y sus objetivos e identificar los modelos de organización aplicables.
    Related competences: G1.1, CT3.2,
  4. El alumno ha de ser capaz de identificar qué tipos de aplicaciones empresariales y servicios TIC puede aplicar una organización dados unos determinados objetivos a conseguir con su uso.
    Related competences: CT8.1, CT3.5, CT2.3,
  5. El alumno ha de demostrar conocer las dimensiones del proceso de dirección: influencia, estrategia, planificación, organización, dirección de personas, control y decisión.
    Related competences: G1.1, CT3.2,
  6. El alumno ha de ser capaz de identificar los intereses de los principales stakeholders de las organizaciones y conocer los principios de buen gobierno y responsabilidad social corporativa.
    Related competences: CT3.6, CT2.3,
  7. El alumno ha de ser capaz de entender la importancia y los objetivos de la gestión de los recursos humanos para las empresas y demostrar conocimientos básicos de los principales procesos en esta área.
    Related competences: G1.1, CT3.2,
  8. El alumno ha de ser capaz de entender la importancia y los objetivos de la gestión financiera en las empresas y demostrar conocimiento básico de los principales procesos en esta área, en especial, la contabilidad, el análisis del ciclo corto -explotación- y del ciclo largo -inversión- y las fuentes de financiación adecuadas.
    Related competences: G1.1, CT3.2, CT3.4,
  9. El alumno ha de ser capaz de aplicar los conceptos financieros básicos para analizar la viabilidad económica de un proyecto, analizar económicamente las diferentes alternativas de una decisión y hacer el control de un presupuesto.
    Related competences: G1.1, CT3.4,
  10. El alumno ha de ser capaz de entender los principales conceptos comerciales tales como mercado, demanda, competencia, comportamiento del cliente y los principales métodos de su estudio.
    Related competences: G1.1, CT3.2,
  11. El alumno ha de ser capaz de demostrar conocimientos básicos de los instrumentos de marketing y su utilización para definir el marketing-mix.
    Related competences: G1.1, CT3.2,
  12. El alumno ha de ser capaz de demostrar conocimientos básicos de los principales objetivos de la dirección de operaciones y de los principales procesos en esta área.
    Related competences: G1.1, CT3.2,
  13. The student must be able to understand the role that money plays in any economic system, distinguish which are the main variables that determine the well functioning of a monetary system, and find out what happens when these conditions are violated.
    Related competences: CT3.1, CT3.3,
  14. Students must be able to identify which aspects of a business process is affected and how the main laws governing the use of ICT in organizations.
    Related competences: CT3.7,
  15. The student should be able to understand and formulate the main concepts of national accounts, able to read and be critical of economic indicators, know to look for accurate information about them and know the relationships between major economic variables.
    Related competences: CT3.1, CT3.3,
  16. Students must understand the role the state plays in an economic system, know the guidelines for governing a tax system, the characteristics of the main taxes of the Spanish economy and the Spanish tax system in general, and become familiar with concepts of government budget deficit and public debt.

    Related competences: CT3.1, CT3.3,
  17. The student should be able to formulate, understand and compare the major tenets of economic policy, namely the origin and evolution, and understand the implications of the application or not thesis defending.
    Related competences: CT3.1, CT3.3,
  18. The student should be able to formulate the definition of some basic economic concepts and distinguish between instruments and objectives of economic policy, while familiar with the subjectivity of the discipline.
    Related competences: CT3.1, CT3.3,

Contents

  1. PART 1 - ECONOMICS
  2. 1.1 KEY ECONOMICS CONCEPTS
    This topic introduces students to the economic world and economic policy, through the definitions of concepts, like inflation, recession, unemployment, active population, rate of inflation, and the analysis of the main economic policy objectives such as economic growth, price stability, efficiency, equitable distribution of income, full employment, etc..
  3. 1.2 SPECIALIZATION, EXCHANGE AND MONEY
    This topic introduce how specialization take us to efficiency and, in turn, causes the need for the exchange. When the exchange is necessary, barter is inefficient and appears, naturally, the money.We analises the role money plays in any economic system, distinguishing which are the main variables that determine the well functioning of a monetary system and reflects on what happens when these conditions are broken.
  4. 1.3 SPANISH TAX SYSTEM
    This topic analises the role the state plays in an economic system, studying the guidelines for governing a tax system, the characteristics of the main taxes of the Spanish economy and the Spanish tax system in general, and introduces us to concepts like State budget deficit and public debt.
  5. 1.4 THE CALCULATION OF GROSS DOMESTIC PRODUCT
    This topic explains how to compare and measure wealth, welfare and development of countries and how ratios, which are used to compare countries, have evolved; while it gives us tools to know how to interpret and be critical of the economic indicators. This lesson finishes talking about the importance of the informal economy.
  6. 1.5 INTRODUCTION TO THE FISCAL POLICY AND MONETARY POLICY
    This topic introduces the concept of the economic cycle. We review the history of the two major schools of economic thought in the Western world: the non-interventionist school (also known as Classical) and the interventionist school (or Keynesian). Through the analysis of New York stock exchange crack in 1929, brings us closer to understanding the functioning of markets stock and common and divergent points in the arguments of both schools.
  7. 1.6 FISCAL POLICY
    This issue introduces us to Keynesian thought. Keynes rejected the classical thesis of non-intervention economy. Keynes argues that in times of economic crisis the state has the capacity and the responsibility to intervene in the economy through fiscal policy. Create a model which show that the economy can be in equilibrium with a situation of mass unemployment; and will explain us,the state, through tax policy, increasing spending or decreasing taxes, can catalyze again economic growth.
  8. 1.6 BIS ANNEX TO THE FISCAL POLICY: THE PHILLIPS CURVE
    In this Annex, Phillips empirically examines the Keynesian theory. Phillips explores the Keynesian thesis. Try to prove that the world is empirically Keynesian. We will see, also, from the 70s of last century, the world stopped being Keynesian.
  9. 1.7 THE MONETARY POLICY
    This topic is an analysis of monetarist thought and how it works monetary policy. The monetarist, as heirs of classical thought, think the state should not intervene in economic activity. They defen in any case, the use of monetary policy. Monetary policy is an economic policy that uses the amount of money as a control variable to ensure and maintain economic stability. We will learn what are the instruments available to inject or withdraw money from an economic system.
  10. PART 2 - BUSINESS
  11. 2.1 INTRODUCTION TO BUSINESS
    Introduction to the concept of enterprise and the role of the employer. Criteria for the classification of different types of businesses, legal forms and family business. Description of the company as a system, its subsystems and models and the basic criteria of organization.
  12. 2.2 MANAGEMENT, ENTREPRENEURSHIP AND INTRA-ENTREPRENEURSHIP
    Presentation of the dimensions of the management process: influence, strategy, planning, personnel management, control and decision. Clarify the ethical dimension of the company and its management regarding the influence with stakeholders. Emprendimiento e intra-emprendimiento: contextualización, Modelo de Porter y Business Canvas.
  13. 2.3 HUMAN RESOURCES
    Describe the importance and objectives of the Human Resources Department, as well as the main processes of this functional area.
  14. 2.4 FINANCE
    Description of the objectives of the finance Department as well as the main processes of this functional area in the short and long term, as well as funding sources. Description of accounting as an information system and as a process and the basic accounting concepts to analyze the economic viability of a project, the economic impact of a decision and track a budget.
  15. 2.5 SALES AND MARKETING
    Description of the objectives of the Sales and Marketing Department and of the main concepts such as market, demand, competition, customer behavior and the main methods for market research. Description of the marketing tools and their use to define the marketing mix.
  16. 2.6 OPERATIONS
    Description of the objectives of the Operations Department, as well as the main processes of this functional area.

Activities

Activity Evaluation act


Unit 1.1: "Basic economic concepts"

Students, also actively participate in class, you must prepare the case, read the proposed articles and go to work the "Continuos assesment practices" (PECs)
  • Autonomous learning: To study the material indicated and do the corresponding PEC
Objectives: 18
Contents:
Theory
6h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
8h

Unit 1.2: "Specialization, Exchange and Money"

Students must read and prepare the discussion and debate of three cases that will help him enter into the world of money.
Objectives: 13
Contents:
Theory
2h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
3.5h

Continuous Assessment Practice 1

It consists of a group of answers to questions that refer to topics 1.1 and 1.2, and "n" articles of the document "economy lectures". This practice can be answered in groups but individually delivered. During the assessment, only the delivery of individual PEC is taken into account.
Objectives: 18 13
Week: 2 (Outside class hours)
Type: problems exam
Theory
0h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
3h

Debate i Control about Continuous Assessment Practice 1

It consists of a control debate on the subject of topics 1.1 and 1.2, in which only the students involved are evaluated.
Objectives: 18 13
Week: 3 (Outside class hours)
Type: lab exam
Theory
0h
Problems
0h
Laboratory
0h
Guided learning
2h
Autonomous learning
0h

Unit 1.3: "Taxes in Spain"

Students must watch a video related to the unit 1.3, read the notes and articles related to this topic and actively participate in class.
Objectives: 16
Contents:
Theory
3h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
5h

Unit 1.4: "The measurement of GDP"

Through the study of this topic 1.4, actively attendance in class and completion of PEC2, students will learn about the relativity of economic data and which rates we use to measure the welfare of countries.
Objectives: 15
Contents:
Theory
3h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
5h

Continuous Assessment Practice 2

It consists of a group of answers to questions that refer to topics 1.3 and 1.4, and several articles of the document "economy lectures". This practice can be answered in groups but individually delivered. During the assessment, only the delivery of individual PEC is taken into account.
Objectives: 16 15
Week: 3
Type: problems exam
Theory
0h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
3h

Debate and Control about Continuous Assessment Practice 2

It consists of a control debate on the subject of topics 1.3 and 1.4, in which only the students involved are evaluated.
Objectives: 16 15
Week: 5
Type: lab exam
Theory
0h
Problems
0h
Laboratory
2h
Guided learning
0h
Autonomous learning
0h

Unit 1.5: "Introduction to fiscal policy and monetary policy"

Students, by studying the notes of the subject and the "Economy lectures", along with active participation in class, must assimilate the main points of the two main economic thought: Keynesian and classical. In addition, the student must understand the reasons for the necessity or not of the state intervention in economic activity.
Objectives: 17
Contents:
Theory
4h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
7h

Unit 1.6: "Fiscal Policy"

The student, through the teacher's explanations in class, the notes of the subject, the proposed readings and the completion of the PEC 3, must assimilate the main tools of Keynesian fiscal policy.
Objectives: 17 1
Contents:
Theory
4h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
4h

Unit 1.7: "Monetary Policy"

The student, by the teacher's explanations in class, the notes of the subject, some readings, the completion of the PEC 3 and working on a simulator of economic policy, must assimilate the main instruments of monetary policy.
Objectives: 13 17 1
Contents:
Theory
2h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
3h

Continuous Assessment Practice 3

It consists of a group of answers to questions that refer to topics 1.5, 1.6 and 1.7, and several articles of the document "economy lectures". This practice can be answered in groups but individually delivered. During the assessment, only the delivery of individual PEC is taken into account.
Objectives: 13 17 1
Week: 7
Type: problems exam
Theory
0h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
4h

Debate and Control about Continuous Assessment Practice 3

It consists of a control and debate on the subject of topics 1.5, 1.6 and 1.7, in which only the students involved are evaluated.
Objectives: 13 17 1
Week: 7
Type: lab exam
Theory
0h
Problems
0h
Laboratory
2h
Guided learning
0h
Autonomous learning
0h

Unit 2.1 "Introduction to Business"

Students also actively participate in class, must read, view or work on the teaching materials and work on the "Continuos assesment practices" (PECs).
Objectives: 2 3 4 14
Contents:
Theory
2h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
3.5h

Item 2.2 "Management, Entrepreneuship and Intra-Entrepreneuship"

Students also actively participate in class, must read, view or work on the teaching materials and work on the "Continuos assesment exercises" (PECs).
  • Autonomous learning: To study the content indicated and do the corresponding PEC
Objectives: 5 6
Contents:
Theory
2h
Problems
0h
Laboratory
2h
Guided learning
0h
Autonomous learning
6h

Item 2.3 "Human Resources"

Students also actively participate in class, must read, view or work on the teaching materials and work on the "Continuos assesment practices" (PECs).
Objectives: 7
Contents:
Theory
2h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
3h

Continuous Assessment Practice 4

It consists in studying the teaching materials that relate to issues 2.1, 2.2 and 2.3 and in response to several questions of these issues apply to the case Quick & Fresh. This practice can be answered in groups but individually delivered. During the assessment, only the delivery of individual PEC is taken into account.
Objectives: 2 3 4 5 6 7 14
Week: 8
Type: problems exam
Theory
0h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
2h

Debate and Control about Continuous Assessment Practice 4

It consists of a session of debate and questions on the subject of topics 2.1, 2.2 and 2.3 and on the issues of Quick & Fresh case, where only students who are questioned or involved are evaluated.
Objectives: 2 3 4 5 6 7 14
Week: 9
Type: lab exam
Theory
0h
Problems
0h
Laboratory
2h
Guided learning
0h
Autonomous learning
0h

Item 2.4 "Finance"

Students also actively participate in class, must read, view or work on the teaching materials and work on the "Continuos assesment practices" (PECs).
Objectives: 8 9
Contents:
Theory
6.5h
Problems
0h
Laboratory
1.5h
Guided learning
0h
Autonomous learning
12h

Continuous Assessment Practice 5

It consists in studying the teaching materials that relate to issue 2.4 and in response to several questions of this issue apply to the case Quick & Fresh. This practice can be answered in groups but individually delivered. During the assessment, only the delivery of individual PEC is taken into account.
Objectives: 8 9
Week: 11
Type: problems exam
Theory
0h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
2h

Debate and Control about Continuous Assessment Practice 5

It consists of a session of debate and questions on the subject of topic 2.4 and on the issues of Quick & Fresh case, where only students who are questioned or involved are evaluated.
Objectives: 8 9
Week: 12
Type: lab exam
Theory
0h
Problems
0h
Laboratory
2h
Guided learning
0h
Autonomous learning
0h

Item 2.5 "Sales and Marketing"

Students also actively participate in class, must read, view or work on the teaching materials and work on the "Continuos assesment practices" (PECs).
Objectives: 10 11
Contents:
Theory
4h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
6h

Item 2.6 "Operations"

Students also actively participate in class, must read, view or work on the teaching materials and work on the "Continuos assement practices" (PECs).
  • Autonomous learning: To study the content indicated and do the corresponding PEC
Objectives: 12
Contents:
Theory
2h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
2h

Continuous Assessment Pratice 6

It consists in studying the teaching materials that relate to issues 2.5 and 2.6 and in response to several questions of these issues apply to the case Munich. This practice can be answered in groups but individually delivered. During the assessment, only the delivery of individual PEC is taken into account.
Objectives: 10 11 12
Week: 13
Type: problems exam
Theory
0h
Problems
0h
Laboratory
0h
Guided learning
0h
Autonomous learning
2h

Debate and Control Continuous Assessment Practice 6

It consists of a session of debate and questions on the subject of topics 2.5 and 2.6 and on the issues of Munich case, where only students who are questioned or involved are evaluated.
Objectives: 10 11 12
Week: 14
Type: lab exam
Theory
0h
Problems
0h
Laboratory
2h
Guided learning
0h
Autonomous learning
0h

Conferences

Conferences

Theory
0h
Problems
0h
Laboratory
0h
Guided learning
6.5h
Autonomous learning
0h

Teaching methodology

It consists of a mix of lectures, reading various documents, preparation of some "Continuous Assessment Practices" (PECs) and debate sessions, where the topics studied until that day are discussed and assessed.

Each topic is accompanied by explanations from the teacher and documentation to study and work; among the documents are notes, videos, readings, case studies, economical press articles, and, what we call, "Continuous Assessment Practices" (PECs). The student performs PECs in group or not, outside of class time and shall submit, individually, through "Racó of the subject", before a certain date.
Throughout the course there are 6 control-debate sessions where students can express their concerns and thoughts on the matter seen until then, and the teacher can ask, orally or by writing, about this and about PECs. In each session only are evaluated, obviously, students who participate on their own initiative or those who are asked directly by the teacher. Deliveries of PECs and the answers to the "direct questions" will be decisive for the mark of the course. The voluntary participation can only improve the mark, that is never adversely affect the final grade. However, the absence of "voluntary participation" will do.

The teacher, before informing students can devote some time to ask questions during any class session and will be evaluated as theoretical "direct questions".

Evaluation methodology

The assessment will be based on the following items:

. PEC1
. PEC2
. PEC3
. PEC4
. PEC5
. PEC6

Continuous Assessment System (14 weeks)

Continuous Assessment Grade:

(CAG) = (1/6)PEC1+(1/6)PEC2+(1/6)PEC3+(1/6)PEC4+(1/6)PEC5+(1/6)PEC6

PECs involve the development of practices outside the classroom and in classroom answer to a series of questions about the work done in class and view the matter until then. Answer this questions requires had delivered the practice.


Grade Generic Skill: Innovation and entrepreneurship (level 1)
-----------------------------------------------------------------------------------
The grade from generic skill will be an adjustment of the grades from the second part of the course (businees part), which is translated as follows:

GGS = Grade from Generic Skill = (1/3)PEC4+(1/3)PEC5+(1/3)PEC6
. A in the case of NCT >= 8,5
. B in the case of NCT >= 6,5 < 8,5
. C in the case of NCT >= 5 < 6,5
. D in the case of NCT < 5

Bibliography

Basic:

Web links

Previous capacities

Initially, the development of this course doesn't require previous skills.

Addendum

Contents

No hi ha modificacions respecte la Guia Docent

Teaching methodology

No hi ha modificacions respecte la Guia Docent

Evaluation methodology

No hi ha modificacions respecte la Guia Docent

Contingency plan

Pla de contingència previst en cas de nova alarma sanitària per rebrot de la pandèmia del virus Covid-19, que impedís tota activitat lectiva físicament presencial: - Els treballs corresponents a les PECs es faran obligatòriament en equips de 4 persones. Les excepcions han de tenir l'aprovació del professorat de l'assignatura. - Si no es possible realitzar avaluacions presencials de les PECs, la nota d'aquestes quedarà substituida per la dels treballs lliurats en equip. - El seguiment de les classes expositives es farà mitjançant el material audiovisual i escrit disponible per a cada PEC.