| Degree: Tourism |
| Department: Applied Economics I |
| Course Title: Applied Microeconomics |
Code: 2003006 |
| Type of course: Basic |
Area of knowledge: |
| Year of Study : 1st |
Level of course: 1st cycle |
Mode of delivery: on-campus |
| Semester: 2nd |
ECTS Credits: 6 |
Number of Groups: |
| Pre-requisites and co-requisites: It is recommended to have basic knowledge in analitical tools. |
| Name of lecturer/s: Juan José Chapero Varela, Antonio Martinez Gonzalez |
Course Contents:
| Content Unit |
Topic |
| I. Introduction |
1. Economy Object and Methods |
| 2. Interdependence and Specialization |
| II. Market and how it works. Tourism Market |
3. The Market. Supply and Demand |
| 4. Elasticity: Concept, Types and Application |
| 5. Tourism Market and Its Demand |
| 6. Supply, Demand and Economic Policy |
| III. Markets, Welfare and Public Sector |
7. Markets and Welfare |
| 8. Public Sector Economy |
| IV. Business Behaviour and Industrial Organization |
9. Business Production and Costs |
| 10. Companies in Competetive Markets |
| 11. Monopoly, Oligopoly and Monopolistic Competition |
| V. Tourism Company |
12. Tourism enterprises |
| VI. Production Factors Markets |
13. Production Factors Markets |
| 14. Income Distribution |
|
Recommended or Required readings:
| Title |
Principios de Economía |
| Author |
N.G. Mankiw |
| Publisher |
Thomson |
|
| Planned learning activities and teaching methods: Practical and theoretical exercises for each block of topics to be presented in the class. |
| Assessment methods and criteria: The acquisition of skills related to this course and its learning outcomes will be assessed through continuous evaluation. The different activities to be jointly evaluated include theoretical and practical exams, participation in class, individual and group works, workshops as well as participation in complementary activities. All activities will be evaluated within the grade scale from 1 to 10. For successful completion of the course, the student shall obtain a final mark equal to or higher than 5. Each activity will form a part of the final grade in equivalent percentage value, which will not exceed 40%.
The student is entitled to two evaluations. The second evaluation process will be carried out only for those activities, which shall be revaluated. The students, who fail to obtain the required skills through activities that cannot be revaluated, will have to register again for the course in the following academic year for the purpose to acquire those competences.
|
| Language of instruction: Spanish |
Work Placement: Fuenlabrada |