Introduction to Economics II: Principles of Macroeconomics26962
- Centre
- Faculty of Economics and Business
- Degree
- Bachelors Degree in Business Management and Administration
- Academic course
- 2024/25
- Academic year
- 1
- No. of credits
- 6
- Languages
- Spanish
- Basque
- English
- Code
- 26962
TeachingToggle Navigation
Teaching guideToggle Navigation
Description and Contextualization of the SubjectToggle Navigation
The subject “Introduction to Economics II: Principles of Macroeconomics” introduces the student to one of the two different parts in which Economic Theory has been historically divided; that is to say, Microeconomics and Macroeconomics. It takes place during the second quarter of the first year. By this time, the student would have completed the first quarter's subject "Introduction to Economics I: Principles of Microeconomics".
It is a basic subject which allows the student develop different competences during the course. The lessons are thought to begin with the study of macroeconomic aggregates (aggregate production, prices, employment level and rates of growth) which, afterwards, will help to identify the main macroeconomic situations and design, whenever necessary, the economic policies aimed at fulfilling several macroeconomic policy objectives.
In order to study the subject it is required the previous acquisition of a basic knowledge of mathematics such as the resolution of systems of equations and the calculation of derivatives.
Skills/Learning outcomes of the subjectToggle Navigation
SKILLS
• Ability to summarize and synthesize.
• Ability to learn.
• Ability to develop work individually.
• Ability to criticize and self-critique.
• Ability to put into practice the concepts.
• Ability to write.
LEARNING OUTCOMES
- To identify the basic macroeconomic variables which define an economy situation.
- Understand the way of functioning of an economy and the relationships between agents and sectors.
- Understand the tools and effects of fiscal policy.
- Understand the role of money and monetary institutions as well as the mechanism of transmission of monetary policy.
- Justify and design public interventions
- Analyze the influence of the foreign sector in macroeconomics.
- Explain the causes of main macroeconomic disequilibria.
EDUCATION FOR SUSTAINABLE DEVELOPMENT-SUSTAINABLE DEVELOPMENT GOALS (SDG)
Transversal competences towards sustainable development are also included based on the cognitive, socioemotional and behavioral learning results. The concrete competences, goals and results are included in the guide for students. Evaluation of these results is included in the context of continuous assessment.
ETHICAL COMMITMENT
The professors who teach the subject favour the application of good practices, promoting the students’ awareness of any ethical aspect of academic activity, both in their attitude inside the classroom and in the realization of the different (individual or collective) tasks developed throughout the subject.
Theoretical and practical contentToggle Navigation
FISRT PART
1.Macroeconomics: The Big Picture
2.Measuring the Economic Activity
3.Aggregate Demand and Aggregate Supply
SECOND PART
4.Income and Expenditure: The multiplier.
5.Fiscal Policy
6.Monetary Policy
7.Macroeconomics in an Open Economy
MethodologyToggle Navigation
Teaching methodology comprises a series of different types of lessons generally established for the Faculty: theoretical sessions, practical sessions and seminars. The division allows the students being taught in minor subsets (according to law).
Assessment systemsToggle Navigation
- Continuous Assessment System
- Final Assessment System
- Tools and qualification percentages:
- Written test to be taken (%): 70
- Test and/or exercises (%): 30
Ordinary Call: Orientations and DisclaimerToggle Navigation
Continuous Evaluation:
30%: Theoretical and practical questions asked inside a multiple choice exam and/or problem sets and/or taking part during lessons
70%: Theoretical and practical questions.
To take into account the note obtained in the continuous evaluation and add it to the note obtained in the final examination, at least 1/3 of the total value of the note from each of the parts of the agenda shall be obtained, i.e. a minimum of 1/3 in Block I and a minimum of 1/3 in Block II.
Final Exam (100%):
Students who decide not to take continuous evaluation will have a final exam in which they will be assess of 100% of the mark.
To approve the final exam of the subject, at least 1/3 of the total value of the note must be obtained in each of the blocks of the subject, that is, a minimum of 1/3 in block I and a minimum of 1/3 in block II.
Student must decide which type of evaluation (continuos or final) will have before 15th week of the academic year.
Students not sitting the final exam will be considered “not presented”.
Extraordinary Call: Orientations and DisclaimerToggle Navigation
In the Extraordinary Call a unique exam in which learning outcomes are proven will provide 100% of the subject’s grade.
To approve the final exam of the subject, at least 1/3 of the total value of the note must be obtained in each of the blocks of the subject, that is, a minimum of 1/3 in block I and a minimum of 1/3 in block II.
Failure to submit to the regular call may be submitted to the extraordinary evaluation by keeping the note obtained during the continuous evaluation.
Students not sitting the final exam will be considered “not presented”.
Compulsory materialsToggle Navigation
KRUGMAN, P., WELLS, R. y GRADDY, P. (2022): “Fundamentos de EconomĆa”. 4ĀŖ ediciĆ³n. Ed. Reverte, Madrid.
BibliographyToggle Navigation
Basic bibliography
KRUGMAN, P., WELLS, R. y GRADDY, P. (2022): Fundamentos de EconomĆa. 4ĀŖ ediciĆ³n. Ed. Reverte, Madrid
In-depth bibliography
KRUGMAN, P., WELLS, R. y GRADDY, P. (2022): MacroeconomĆa. 4ĀŖ ediciĆ³n. Ed. Reverte, Madrid.
KRUGMAN, P., WELLS, R. y GRADDY, P. (2022): Essentials of Economics. 4th Edition. Worth Publishers. New York.
Mankiw, N.G. (2020): Principios de EconomĆa. 8ĀŖ ediciĆ³n, Madrid: Ediciones paraninfo, S.A.
SAMUELSON,P.A., NORDHAUS, W.D. (1999): Ekonomia. Euskal Herriko Unibertsitateko argitalpen zerbitzua. UPV/EHU.
BLANCO,J.M. (2014): EconomĆa. TeorĆa y PrĆ”ctica. 6ĀŖEdiciĆ³n. Mc Graw Hill Education. Madrid.
Journals
Cuadernos de InformaciĆ³n EconĆ³mica
Investigaciones Regionales
Papeles de EconomĆa EspaƱola
Ekonomiaz
Web addresses
www.worthpublishers.com/krugmanwells
www.eurostat.es
www.ine.es
www.eustat.eus
www.bde.es
www.ecb.int
www.imf.org
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01 Teórico (Spanish - Mañana)Show/hide subpages
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- 0.1 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (1)
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- -1.1 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (2)
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- -1.1 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (4)
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16 Seminar-1 (Spanish - Tarde)Show/hide subpages
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- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (3)
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- -1.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (5)
- -1.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (6)
17 Seminar-1 (Spanish - Tarde)Show/hide subpages
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Classroom(s)
- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (1)
- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (2)
- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (3)
- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (4)
- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (5)
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17 Applied classroom-based groups-2 (Spanish - Tarde)Show/hide subpages
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- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (1)
- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (2)
- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (3)
- 0.2 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (4)
31 Teórico (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
16-16 | 08:30-10:00 (1) | ||||
16-30 | 11:00-12:30 (2) | 10:00-11:00 (3) | |||
23-23 | 08:30-10:00 (4) | ||||
29-29 | 08:30-10:00 (5) |
Classroom(s)
- A0.6 - EDIFICIO BLANCO GARRIDO (1)
- A0.6 - EDIFICIO BLANCO GARRIDO (2)
- A0.6 - EDIFICIO BLANCO GARRIDO (3)
- A0.6 - EDIFICIO BLANCO GARRIDO (4)
- A0.6 - EDIFICIO BLANCO GARRIDO (5)
31 Seminar-1 (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
19-19 | 08:30-10:00 (1) | ||||
22-22 | 08:30-10:00 (2) | ||||
24-24 | 08:30-10:00 (3) | ||||
26-26 | 08:30-10:00 (4) | ||||
28-28 | 08:30-10:00 (5) | ||||
30-30 | 08:30-10:00 (6) |
Classroom(s)
- A0.6 - EDIFICIO BLANCO GARRIDO (1)
- A0.6 - EDIFICIO BLANCO GARRIDO (2)
- A0.6 - EDIFICIO BLANCO GARRIDO (3)
- A0.6 - EDIFICIO BLANCO GARRIDO (4)
- A0.6 - EDIFICIO BLANCO GARRIDO (5)
- A0.6 - EDIFICIO BLANCO GARRIDO (6)
31 Seminar-2 (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
19-19 | 12:30-14:00 (1) | ||||
22-22 | 12:30-14:00 (2) | ||||
24-24 | 12:30-14:00 (3) | ||||
26-26 | 12:30-14:00 (4) | ||||
28-28 | 12:30-14:00 (5) | ||||
30-30 | 12:30-14:00 (6) |
Classroom(s)
- A0.6 - EDIFICIO BLANCO GARRIDO (1)
- A0.6 - EDIFICIO BLANCO GARRIDO (2)
- A0.6 - EDIFICIO BLANCO GARRIDO (3)
- A0.6 - EDIFICIO BLANCO GARRIDO (4)
- A0.6 - EDIFICIO BLANCO GARRIDO (5)
- A0.6 - EDIFICIO BLANCO GARRIDO (6)
31 Applied classroom-based groups-1 (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
17-18 | 08:30-10:00 (1) | ||||
20-21 | 08:30-10:00 (2) | ||||
25-25 | 08:30-10:00 (3) | ||||
27-27 | 08:30-10:00 (4) |
Classroom(s)
- A0.6 - EDIFICIO BLANCO GARRIDO (1)
- A0.6 - EDIFICIO BLANCO GARRIDO (2)
- A0.6 - EDIFICIO BLANCO GARRIDO (3)
- A0.6 - EDIFICIO BLANCO GARRIDO (4)
31 Applied classroom-based groups-2 (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
17-18 | 12:30-14:00 (1) | ||||
20-21 | 12:30-14:00 (2) | ||||
25-25 | 12:30-14:00 (3) | ||||
27-27 | 12:30-14:00 (4) |
Classroom(s)
- A0.6 - EDIFICIO BLANCO GARRIDO (1)
- A0.6 - EDIFICIO BLANCO GARRIDO (2)
- A0.6 - EDIFICIO BLANCO GARRIDO (3)
- A0.6 - EDIFICIO BLANCO GARRIDO (4)
32 Teórico (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
16-16 | 08:30-10:00 (1) | ||||
16-30 | 10:00-11:00 (2) | 11:00-12:30 (3) | |||
23-23 | 08:30-10:00 (4) | ||||
29-29 | 08:30-10:00 (5) |
Classroom(s)
- A0.7 - EDIFICIO BLANCO GARRIDO (1)
- A0.7 - EDIFICIO BLANCO GARRIDO (2)
- A0.7 - EDIFICIO BLANCO GARRIDO (3)
- A0.7 - EDIFICIO BLANCO GARRIDO (4)
- A0.7 - EDIFICIO BLANCO GARRIDO (5)
32 Seminar-1 (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
19-19 | 08:30-10:00 (1) | ||||
22-22 | 08:30-10:00 (2) | ||||
24-24 | 08:30-10:00 (3) | ||||
26-26 | 08:30-10:00 (4) | ||||
28-28 | 08:30-10:00 (5) | ||||
30-30 | 08:30-10:00 (6) |
Classroom(s)
- A0.7 - EDIFICIO BLANCO GARRIDO (1)
- A0.7 - EDIFICIO BLANCO GARRIDO (2)
- A0.7 - EDIFICIO BLANCO GARRIDO (3)
- A0.7 - EDIFICIO BLANCO GARRIDO (4)
- A0.7 - EDIFICIO BLANCO GARRIDO (5)
- A0.7 - EDIFICIO BLANCO GARRIDO (6)
32 Seminar-2 (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
19-19 | 12:30-14:00 (1) | ||||
22-22 | 12:30-14:00 (2) | ||||
24-24 | 12:30-14:00 (3) | ||||
26-26 | 12:30-14:00 (4) | ||||
28-28 | 12:30-14:00 (5) | ||||
30-30 | 12:30-14:00 (6) |
Classroom(s)
- A0.7 - EDIFICIO BLANCO GARRIDO (1)
- A0.7 - EDIFICIO BLANCO GARRIDO (2)
- A0.7 - EDIFICIO BLANCO GARRIDO (3)
- A0.7 - EDIFICIO BLANCO GARRIDO (4)
- A0.7 - EDIFICIO BLANCO GARRIDO (5)
- A0.7 - EDIFICIO BLANCO GARRIDO (6)
32 Applied classroom-based groups-1 (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
17-18 | 08:30-10:00 (1) | ||||
20-21 | 08:30-10:00 (2) | ||||
25-25 | 08:30-10:00 (3) | ||||
27-27 | 08:30-10:00 (4) |
Classroom(s)
- A0.7 - EDIFICIO BLANCO GARRIDO (1)
- A0.7 - EDIFICIO BLANCO GARRIDO (2)
- A0.7 - EDIFICIO BLANCO GARRIDO (3)
- A0.7 - EDIFICIO BLANCO GARRIDO (4)
32 Applied classroom-based groups-2 (Basque - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
17-18 | 12:30-14:00 (1) | ||||
20-21 | 12:30-14:00 (2) | ||||
25-25 | 12:30-14:00 (3) | ||||
27-27 | 12:30-14:00 (4) |
Classroom(s)
- A0.7 - EDIFICIO BLANCO GARRIDO (1)
- A0.7 - EDIFICIO BLANCO GARRIDO (2)
- A0.7 - EDIFICIO BLANCO GARRIDO (3)
- A0.7 - EDIFICIO BLANCO GARRIDO (4)
46 Teórico (Basque - Tarde)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
16-16 | 14:30-16:00 (1) | ||||
16-30 | 16:00-17:00 (2) | 17:00-18:30 (3) | |||
23-23 | 14:30-16:00 (4) | ||||
29-29 | 14:30-16:00 (5) |
Classroom(s)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (1)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (2)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (3)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (4)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (5)
46 Seminar-1 (Basque - Tarde)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
19-19 | 14:30-16:00 (1) | ||||
22-22 | 14:30-16:00 (2) | ||||
24-24 | 14:30-16:00 (3) | ||||
26-26 | 14:30-16:00 (4) | ||||
28-28 | 14:30-16:00 (5) | ||||
30-30 | 14:30-16:00 (6) |
Classroom(s)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (1)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (2)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (3)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (4)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (5)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (6)
46 Seminar-2 (Basque - Tarde)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
19-19 | 14:30-16:00 (1) | ||||
22-22 | 14:30-16:00 (2) | ||||
24-24 | 14:30-16:00 (3) | ||||
26-26 | 14:30-16:00 (4) | ||||
28-28 | 14:30-16:00 (5) | ||||
30-30 | 14:30-16:00 (6) |
Classroom(s)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (1)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (2)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (3)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (4)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (5)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (6)
46 Applied classroom-based groups-1 (Basque - Tarde)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
17-18 | 14:30-16:00 (1) | ||||
20-21 | 14:30-16:00 (2) | ||||
25-25 | 14:30-16:00 (3) | ||||
27-27 | 14:30-16:00 (4) |
Classroom(s)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (1)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (2)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (3)
- 0.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (4)
46 Applied classroom-based groups-2 (Basque - Tarde)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
17-18 | 14:30-16:00 (1) | ||||
20-21 | 14:30-16:00 (2) | ||||
25-25 | 14:30-16:00 (3) | ||||
27-27 | 14:30-16:00 (4) |
Classroom(s)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (1)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (2)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (3)
- -1.3 - ACULTAD DE ECONOMIA Y EMPRESA-SARRIKO (4)
61 Teórico (English - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
16-16 | 08:30-10:00 (1) | ||||
16-30 | 11:00-12:30 (2) | 10:00-11:00 (3) | |||
23-23 | 08:30-10:00 (4) | ||||
29-29 | 08:30-10:00 (5) |
Classroom(s)
- A0.8 - EDIFICIO BLANCO GARRIDO (1)
- A0.8 - EDIFICIO BLANCO GARRIDO (2)
- A0.8 - EDIFICIO BLANCO GARRIDO (3)
- A0.8 - EDIFICIO BLANCO GARRIDO (4)
- A0.8 - EDIFICIO BLANCO GARRIDO (5)
61 Seminar-2 (English - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
19-19 | 12:30-14:00 (1) | ||||
22-22 | 12:30-14:00 (2) | ||||
24-24 | 12:30-14:00 (3) | ||||
26-26 | 12:30-14:00 (4) | ||||
28-28 | 12:30-14:00 (5) | ||||
30-30 | 12:30-14:00 (6) |
Classroom(s)
- A0.8 - EDIFICIO BLANCO GARRIDO (1)
- A0.8 - EDIFICIO BLANCO GARRIDO (2)
- A0.8 - EDIFICIO BLANCO GARRIDO (3)
- A0.8 - EDIFICIO BLANCO GARRIDO (4)
- A0.8 - EDIFICIO BLANCO GARRIDO (5)
- A0.8 - EDIFICIO BLANCO GARRIDO (6)
61 Seminar-1 (English - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
19-19 | 08:30-10:00 (1) | ||||
22-22 | 08:30-10:00 (2) | ||||
24-24 | 08:30-10:00 (3) | ||||
26-26 | 08:30-10:00 (4) | ||||
28-28 | 08:30-10:00 (5) | ||||
30-30 | 08:30-10:00 (6) |
Classroom(s)
- A0.8 - EDIFICIO BLANCO GARRIDO (1)
- A0.8 - EDIFICIO BLANCO GARRIDO (2)
- A0.8 - EDIFICIO BLANCO GARRIDO (3)
- A0.8 - EDIFICIO BLANCO GARRIDO (4)
- A0.8 - EDIFICIO BLANCO GARRIDO (5)
- A0.8 - EDIFICIO BLANCO GARRIDO (6)
61 Applied classroom-based groups-2 (English - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
17-18 | 12:30-14:00 (1) | ||||
20-21 | 12:30-14:00 (2) | ||||
25-25 | 12:30-14:00 (3) | ||||
27-27 | 12:30-14:00 (4) |
Classroom(s)
- A0.8 - EDIFICIO BLANCO GARRIDO (1)
- A0.8 - EDIFICIO BLANCO GARRIDO (2)
- A0.8 - EDIFICIO BLANCO GARRIDO (3)
- A0.8 - EDIFICIO BLANCO GARRIDO (4)
61 Applied classroom-based groups-1 (English - Mañana)Show/hide subpages
Weeks | Monday | Tuesday | Wednesday | Thursday | Friday |
---|---|---|---|---|---|
17-18 | 08:30-10:00 (1) | ||||
20-21 | 08:30-10:00 (2) | ||||
25-25 | 08:30-10:00 (3) | ||||
27-27 | 08:30-10:00 (4) |
Classroom(s)
- A0.8 - EDIFICIO BLANCO GARRIDO (1)
- A0.8 - EDIFICIO BLANCO GARRIDO (2)
- A0.8 - EDIFICIO BLANCO GARRIDO (3)
- A0.8 - EDIFICIO BLANCO GARRIDO (4)