FACULTY OF ECONOMICS AND BUSINESS SCIENCE

Elviña Campus, A Coruña

Updated: october 2005

Address Head of the Department:

Campus de Elviña Gustavo Rego Veiga
15071 A Coruña
Tel.: +34.981.167000 (Ext.:2409)
Fax: +34.981.167070
Webpage: www.udc.es

ECTS Coordinator
Iván López Martínez
Tel.: +34.981.167000 (Ext.: 2566 /2412)
Fax: +34.981.167070
E-mail: ivanlm@udc.es

Academic Calendar:
1st semester: September 26th to January 27th (exams: January 30th to February 17th)
2nd semester: February 20th to June 9th (exams: June 12th to July 5th)

September exams: September 1st to 16th.

Language of instruction: Gallego/Spanish

GRADUATE IN ECONOMICS

Studies leading to the official qualification of Graduate in Business Administration providing suitable scientific training in the basic
and applied aspects of the economy and in the techniques of economic analysis.

CAREER POSSIBILITIES

SECTORS: Private companies (insurance, credits, assurance and banks). Public administration. Fiscal consulting.

FUNCTIONS: Administration, management and consulting. Accounting, finances and planning. Study of production, expenditure
and investment.

SYLLABUS 611 111

Date of Resolution: 12/07/2000 Date of Publication in BOE: 20/10/2000 Year of Initiation: 2000/2001

CREDIT DISTRIBUTION

Free
Core Compulsory Optional Total
Cycle Course Configuration P.F.C.
(ECTS) (ECTS) (ECTS) (ECTS)
(ECTS)

1º 51 16.5 - - - 67.5
(45.5) (14.5) (60)

1º 2º 39 21 - 4.5 - 64.5
(36) (19.5) (4.5) (60)

3º 12 39 4.5 8.5 - 64
(11) (36) (4) (9) (60)
 4º 36 18 - 7 - 61
(33.5) (16) (10.5) (60)
2º
5º 18 4.5 27 12 - 61.5
(17) (4) (24) (15) (60)

TOTAL 156 99 31.5 32 - 318.5

(143) (90) (28) (39) (300)

FINAL PROJECT: Not required

EQUIVALENCE CREDITS: Up to 15 credits from free choice subjects through:

Practical work in companies, private or public institutions, etc.

Equivalence: 3 credits = 1 month of practical work.

SPECIALITIES: Four specialities have been established through the optional subjects of the second cycle.

• PUBLIC ECONOMY
• MARKETS AND FINANCIAL INTERMEDIATES
• REGIONAL AND SECTORIAL ECONOMY
• QUANTITATIVE METHODS AND ECONOMIC ANALYSIS

ACCESS TO THE 2ND CYCLE (From other qualifications) (Order of the 10/12/93, BOE 27/12/93)
With additional Training
1st Cycle of Graduate in Company Administration and
Diploma in Business
Management
- Economic History of Spain and the World- 9c. - Economic History of Spain and the World - 9 c.
- Macroeconomics - 4 c.
- Microeconomics - 4 c.

ACCESS TO OTHER QUALIFICATIONS

After passing the first cycle of this qualification, the student will have access to the 2nd cycle of :

• Graduate in Social and Cultural Anthropology (BOE 13/01/93 y 27/12/93)

• Graduate in Actuarial and Financial Science (BOE 01/06/94)
• Graduate in Company Administration and Management (BOE 26/09/91 y 27/12/93)
• Graduate in Statistical Science and Techniques (BOE 28/09/95)
• Graduate in Marketing Research and Techniques (BOE 01/06/94)
• Graduate in Labour Science (Order Pending)
• Also Grad. in Audiovisual Communication (BOE 12/6/92), Documentation (BOE 5/8/93), Advertising
and Public Relations (BOE 12/6/92), Journalism (BOE 12/6/92), History and Music Science (BOE
28/9/95), Humanities (BOE 27/12/93), Linguistics (BOE 13/1/93) and Translation and Interpretation
(BOE 27/12/93).

SYLLABUS ORGANIZATION
Credits
Code Type SUBJECTS A/C Theory Practical
(ECTS)
FIRST CYCLE
FIRST COURSE
101 T Financial and Analytical Accounting A 9 4.5 4.5
(8.5)
Description: Accounting techniques relating to business performance and
 cash flow in a specified period.
102 T Microeconomics A 12 7.5 4.5
(11)
Description: Consumer and Production theory. The competitive
equilibrium. Non-competing markets. Economic efficiency and welfare
theory.
103 T World Economic History C1 7.5 6 1.5
(6.5)
Description: Evolution of the economic life and its institutions in the
modern and contemporary ages. (Worldwide)
104 T Mathematics for Economists I C1 7.5 4.5 3
(6.5)
Description: Basic elements of linear algebra and differential and integral
calculus.
105 T Economic Structure and Institutions: World Economy C2 7.5 4.5 3
(6.5)
Description: Analysis of the different sectors of World Economy.
Development and underdevelopment. International trade. International
monetary and financial systems. Economic blocs.
106 T Mathematics for Economists II C2 7.5 4.5 3
(6.5)
Description: Continuation and expansion of differential and integral
calculus. Mathematical programming.
107 D Economic Sociology C1 4.5 3 1.5
(4)
Description: Work in the modern industrial societies. New patterns of
production and work organization. Conflict, industrial participation and
change. The labour market. The industrial relations.
108 D Techniques of Social Accounting C1 4.5 3 1.5
(4)
Description: Structural view of the economy. Economic aggregates. State
accounts. Input-output analysis. Balance of payments. Socio-economic
indicators.
109 D Economic Policy I C2 7.5 4.5 3
(6.5)
Description: Fundamental theories of the economic policy. The role of
Government in Economy. Economic analysis of the common decisions
SECOND YEAR
201 T Economic History of Spain C1 4.5 3 1.5
(4)
Description: Evolution of the economic life and its institutions in Spain:
modern and contemporary ages. (Worldwide)
202 T Economic Policy II C1 7.5 4.5 3
(7)
Description: Money. Inflation and unemployment. Growth. Analysis of the
economic policy instruments. Economic policy models.
203 T Accounts Analysis C2 6 3 3
(5.5)
Description: Account standardization and planning. Determination of costs
and its use in taking decisions.
204 T Economic Statistics II C2 7.5 4.5 3
(7)
Description: Descriptive statistics. Probability. Statistical inference. Use of
a statistical package on a personal computer.
205 T Structure and Economic Institutions: Spanish Economy C2 7.5 4.5 3
(7)
 Description: Description of the Spanish economy. Sectors and geographical
zones in Spanish economy. Internationalisation and integration in the
European Union. Institutional aspects.
206 T Introduction to Law C2 6 3 3
(5.5)
Description: The legal system. Private and public law institutions.
Constitutional background of the economic system.
207 D Macroeconomics I A 9 6 3
(8.5)
Description: Introduction to the model of income determination in a closed
economy. Introduction to open economies.
208 D Economic Statistics I C1 4.5 3 1.5
Description: Random phenomena. one-dimensional and two-dimensional (4)
random variables. Characteristics. Main discrete and continuous
distributions. Convergence.
209 D Mathematics for Economists III C1 7.5 4.5 3
(7)
Description: Advanced mathematical programming. Introduction to
differential and difference equations.
Free Configuration 4.5
(4.5)
THIRD YEAR
301 T Introduction to Econometrics C2 4.5 3 1.5
(4)
Description: Simple regression and explanatory variable models. Use of a
statistical package on a personal computer for econometrics.
302 T Macroeconomics II C2 7.5 4.5 3
(7)
Description: Income determination models in a closed economy. Open
economies. Theoretical analysis of the economic policy instruments.
Introduction to dynamic macroeconomics.
303 D Evaluation and Selection of Investment Projects A 9 6 3
Description: Economical analysis of investment projects with special (8.5)
attention to uncertainty. Capital restriction and non-quantitative decision
criteria programming. Introduction to cost-benefit analysis.
304 D Public Finance A 9 4.5 4.5
(8.5)
Description: Introduction to public economy. Introductory economic
analysis of the public budget. Incidence theory. Introduction to the fiscal
policy.
305 D Economic Statistics III C1 4.5 3 1.5
(4)
Description: Index numbers. Time series. Measures of economic inequality
and concentration. Regression and correlation. Multivariate analysis.
Statistical sources.
306 D Economic History of Spain II C1 4.5 3 1.5
(4)
Description: A survey of the most relevant aspects of the Spanish economy
in the XX-th century and its influence in the present day Spanish economy.
307 D Microeconomics and Area of Competence of the European Union C1 7.5 4.5 3
(7)
Description: Models of interaction between economic agents. Intermediate
analysis of competitive and non-competitive markets. Strategies in
oligopolistic markets and economic analysis of competence regulations in
the European Union.
308 D Economic Policy of the Environment C1 4.5 3 1.5
 (4)
Description: Economic aspects of environmental problems. Analysis of the
instruments of the economic policy of the environment. Public policies for
sustainable development.
Optional 4.5
(4)

Free Configuration 8.5

(9)
SECOND CYCLE
FOURTH YEAR
401 T Econometrics A 9 6 3

Description: Multiple regression patterns. Estimate validity and its dynamic (8.5)
formulation. Simultaneous equation patterns.
402 T Public Sector Economics A 9 6 3

Description: The public budget: income, fiscal system, and expenditure. (8.5)
Public corporations. The public sector in Spanish economy.
403 T Macroeconomics A 9 6 3

Description: Advanced study of the fundamentals of microeconomics in (8.5)

aggregate functions describing market behaviour in macroeconomic models.
Dynamic models and economic cycles. Monetary theory.
404 T European Economy C1 4.5 3 1.5

Description: Sector intervention. International agencies. (4)

405 T Economic Policy III C1 4.5 3 1.5
Description: Instrumental interventions. Study of the economic policy
targets. (4)
406 D International Economy C1 4.5 3 1.5

Description: Classical theories of international trade (A. Smith, D. Ricardo). (4)

Neoclassical theories. The Heckscher-Ohiln model. Inter and intra-sectorial
trade, modern theories. Economic integration theory
407 D Commercial Law C2 4.5 3 1.5

Description: Entrepreneurial legal system: status, society organization (4)

structures, business activity regime, and economic crises regime.
408 D Economy of Galicia C2 4.5 3 1.5
(4)
Description: Description of Galician economy. Sectorial and geographical
aspects. Economic polarization and the role of Galicia in the national and
international context.
409 D Spanish Public Finance C2 4.5 3 1.5
(4)
Description: Introductory economic analysis of the Spanish fiscal
institutions. Introductory study of the Spanish taxation system from an
economic point of view.
Free Configuration 7
(10.5)
FIFTH YEAR
501 T Business Economy A 9 6 3
 Description: The business and its economic background. Functional areas: (8.5)
production, investment, funding and marketing.
502 T Microeconomics A 9 6 3

Description: Study of the demand and production theory for the study of (8.5)
econometric applications and general equilibrium analysis. Welfare theory
applications. Construction of models.
503 D Applied Econometrics C1 4.5 3 1.5

Description: Macroeconomic applications (supply, GDP, employment, (4)

investment). Other applications; regional, sectorial and financial. Computing
applied to econometric applications
Optional 27
(24)
Free Configuration 12
(15)

Credits
Code OPTIONAL Theory Practical
(ECTS)
FIRST CYCLE
311 English 4.5 3 1.5

Description: Economic and business English (4)

312 Marketing 4.5 3 1.5

Description: Concepts. The role of marketing in the economy. Consumer (4)

behaviour and demand. Marketing strategies
313 Office Automation 4.5 1.5 3

Description: Office automation (4)

314 Public Policies 4.5 4.5 0

Description: Welfare state and public policies. Theory of the policy making (4)
process. Determination of public problems and agenda making. Social and
political parties in public decision processes. Implementation and evaluation of
policies. EU policies.
SECOND CYCLE
601 Elaboration of Mathematics 4.5 3 1.5

Description: Topology. Differential equations. Variations calculation (4)

602 Situations Analysis 4.5 3 1.5

Description: Analysis and interpretation of the economic facts. Elaboration of (4)

macroeconomic tables. Situation indicators.
603 Statistic Analysis of Economic Temporal Series 4.5 3 1.5
(4)
Description: Stochastic processes. Lineal models: AR, MA, and ARMA.
ARIMA models. Forecast. Intervention analysis
604 Regional and Autonomic Economies 4.5 3 1.5

Description: Constitution of the state of autonomy. Territorial organization of (4)

the State. Decentralization and social cohesion
605 Investment Decisions through Multi-Criteria Methods 4.5 3 1.5
 Description: Multi-criteria or multi-attribute methods applied to investment (4)
decisions. Different models or doctrines in environmental impact treatment and
other qualitative factors: mathematical programming
606 Advanced Econometrics 4.5 3 1.5

Description: Advanced techniques in linear model temporal series. Panel data (4)
models. Non lineal models, dependent qualitative variable models, and other
models
607 The Information Economy 4.5 3 1.5

Description: Moral hazard, agency costs and incentives. Adverse selection and (4)
market signals. Optimal contracts and design mechanisms: the revelation
principle.
608 Public Services Economy 4.5 3 1.5

Description: Public spending: economic analysis of efficiency and equity. The (4)
welfare state and public services: a comparative analysis.
609 Industrial Economy 4.5 3 1.5
(4)
Description: Analysis and characterization of the structural factors determining
the evolution and performance of the different sectors.
610 Spanish Public Finance I 4.5 3 1.5
(4)
Description: Intermediate economic analysis of the fiscal institutions in Spain;
the Spanish tax system and public budget from a comparative point of view.
611 Spanish Public Finance II 4.5 3 1.5
(4)
Description: Advanced economic analysis of the fiscal institutions in Spain; the
Spanish tax system and public budget from a comparative point of view.
612 Taxation of Financial Operations and Instruments 4.5 3 1.5
(4)
Description: General study of the financial instruments and operations taxation.
613 History of Public Intervention in the Spanish Economy 4.5 3 1.5
(4)
Description: Analysis of Government intervention in the Spanish economy from
the political, legal and institutional reforms of the end of the XVIIIth century
and beginning of the XIXth century.
614 Economic History of Galicia 4.5 3 1.5
(4)
Description: Evolution of the Galician economy in the XIXth and XXth
centuries and its influence in present-day Galician economy.
615 Economic Integration 4.5 3 1.5
(4)
Description: Government intervention, technology and growth.
Internationalisation. Market organization.
616 Financial Intermediates 4.5 3 1.5
(4)
Description: Financial and real aspects of the financial intermediates.
Framework and sector analysis.
617 Introduction to Static and Dynamic Programming 4.5 3 1.5
(4)
Description: Linear programming. Non-linear programming. Introduction to
dynamic programming.
618 Financial Markets 4.5 3 1.5
(4)
Description: Financial market articulation and performance. Cash markets.
 Money market. Stock market. Forward market. Options market. Analysis
techniques.
619 Regional Economic Policy 4.5 3 1.5
(4)
Description: Targets and instruments. Public policies and regional development.
Regional planning
620 Advanced Economic Policy (International Finance) 4.5 3 1.5
(4)
Description: International political economy. Exchange rates. Interest rates.
Currency areas. Monetary European Union.
621 Monetary Policy and the Financial System 4.5 3 1.5
(4)
Description: Basis and efficacy of the monetary policy. Institutional aspects.
Financial system functions.
622 Theory of the Financial Management of a Company 4.5 3 1.5
(4)
Description: Financial balance. Company sizing and growth. Financial long and
short term decisions. Financial viability
623 Theory of Value and Distribution 4.5 3 1.5
(4)
Description: Theoretical principles of classical Economy. Production theory,
distribution and growth. Multi-sectorial models
624 Regional and Urban Economic Theory 4.5 3 1.5
(4)
Description: Location theory. Urban economy and regional theory
NOTE: All subjects are four-month long

SPECIALIZATION: The student must choose six optional subjects in the 2nd cycle, and in order to obtain the rank of specialist,
four of these must belong to the same itinerary.

• PUBLIC ECONOMY (602, 605, 608, 610, 611, 613)

• FINANCIAL MARKETS AND INTERMEDIATES (612, 616, 618, 620, 621, 622)
• REGIONAL AND SECTOR ECONOMY (604, 609, 614, 615, 619, 624)
• QUANTITATIVE METHODS AND ECONOMIC ANALYSIS (601, 603, 606, 607, 617, 623)

GLOSSARY
A = Annual
T = Core ©1 = 1st Four-month period
D = Compulsory ©2 = 2nd Four-month period