SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION
Classes available in English 2015-2016
Introduction The University of Navarra is one of the leading universities in Europe. Based in Pamplona, Spain, and with four campuses throughout the country, the University of Navarra prides itself on academic integrity, international focus and the professional development of students. Each semester, the student body is well complemented by a high percentage of international students who come to Northern Spain to take advantage of a rewarding university experience within a beautiful campus setting and to partake in the global setting that makes the University of Navarra so unique.
The Faculty of Economics of the University of Navarra has been the first institution, which has offered bilingual economic and business education in Spain. 900 undergraduate students of diverse backgrounds are given instruction from professors from all over the world, and benefit from a large network of exchange and partner programs with leading international firms, business and institutions. Fostering an open dialogue through research and intellectual rigor, the Faculty of Economics aims to share the interest and enthusiasm that characterize the educational spirit of the School.
Based on this philosophy, our faculty offers a complete range of courses in English. These are offered to our students and also to other international students that come to the University of Navarra for Exchange Programmes.
SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION
Classes available in English 2015-2016
COURSES LECTURED IN ENGLISH 2015-2016 FALL SEMESTER Management and Marketing
- Marketing I - Business Communication I - Sports and Brands** - E-Commerce - Strategic Management - Entrepreneurship - Quality Management - Project Management
6 ECTS 6 ECTS 3 ECTS 6 ECTS 6 ECTS 3 ECTS 6 ECTS 6 ECTS
Accounting and Finance
- Fundamentals of Finance* - Financial Accounting I* - Investments in Financial Markets - Methods in Valuating Firms
6 ECTS 6 ECTS 6 ECTS 6 ECTS
Economics
- Principles of Microeconomics* - Calculus I* - Probability and Statistics I - Econometrics I - International Trade - Macroeconomics: Theory and Policy
6 ECTS 6 ECTS 6 ECTS 6 ECTS 6 ECTS 6 ECTS
Other disciplines
- Introduction to Law* - Sociology in the 21st Century** - Business Ethics
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* This course is not opened to exchange students ** Limited spaces
6 ECTS 4,5 ECTS 3 ECTS
COURSES LECTURED IN ENGLISH 2015-2016 SPRING SEMESTER Management and Marketing
- Principles of Business Administration* - Operations Management - Human Resources - Business Policy - Business Case Analysis - Doing Business in Africa - Marketing II - Negotiation - Marketing Management - Country and City Branding
6 ECTS 6 ECTS 6 ECTS 6 ECTS 3 ECTS 3 ECTS 6 ECTS 3 ECTS 3 ECTS 3 ECTS
Accounting and Finance
- Financial Accounting II* - International Financial Reporting Standards (IFRS) - Financial Derivatives - International Finance - Money, Banking and Financial Markets
6 ECTS 6 ECTS 6 ECTS 6 ECTS 6 ECTS
Economics
- Principles of Macroeconomics* - Microeconomics: Theory and Policy - Global Political Economy - Algebra* - Calculus II* - Probability and Statistics II - Time Series - Decision Making Theory
6 ECTS 6 ECTS 6 ECTS 6 ECTS 6 ECTS 6 ECTS 6 ECTS 6 ECTS
Other disciplines
- Key Issues in the Contemporary World II: History of Contemporary Thought and International Relations*
- Comparative Politics** - European Institutions** - International Organizations** - Business Ethics** - Demography** * This course is not opened to exchange students ** Limited spaces
3 ECTS 4,5 ECTS 3 ECTS 3 ECTS 3 ECTS 3 ECTS [5]
COURSES AVAILABLE IN ENGLISH OUTSIDE THE SCHOOL OF ECONOMICS AND BUSINESS
SCHOOL OF HUMANITIES FALL SEMESTER - Classic Characters in English and American literature - Classic World - Images and Culture - Introduction to Philosophy - World Literature
3 ECTS 6 ECTS 6 ECTS 6 ECTS 6 ECTS
SPRING SEMESTER - British and American Literature - History and Culture of the English Speaking World - Introduction to logic - Language and Communication - Sociology
6 ECTS 6 ECTS 6 ECTS 6 ECTS 6 ECTS
ANNUAL - Anthropology - Ethics - English Language - Information and Communication Technologies
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6 ECTS 6 ECTS 6 ECTS 6 ECTS
COURSES AVAILABLE IN ENGLISH OUTSIDE THE SCHOOL OF ECONOMICS AND BUSINESS
SCHOOL OF EDUCATION FALL SEMESTER -M odern Happiness Studies
3 ECTS
SPRING SEMESTER -A rts and Esthetic Education -B ilingual Education and CLIL (Content and Language Integrated Learning) -M ulticultural Education -T eaching Reading and Writing
3 ECTS 3 ECTS 6 ECTS 3 ECTS
SCHOOL OF COMMUNICATION FALL SEMESTER -C ommunication History -C ontemporary History -C ontemporary Political System -F ilm and TV Marketing - I nternational Relations - I ntroduction to Advertising and Public Relations -L iterature -M edia, Culture and Identity -M ultimedia Communication -S ociology
6 ECTS 3 ECTS 6 ECTS 3 ECTS 3 ECTS 6 ECTS 6 ECTS 3 ECTS 6 ECTS 6 ECTS
SPRING SEMESTER -C ommunication Strategy in Politics -E conomics -G lobal Communication -H istory of Cinema - I ntroduction to Marketing - I ntroduction to Screenwriting -M edia Convergence -M edia Economics -N ews Design -S trategies in Fashion Communication -V isual Culture
3 ECTS 6 ECTS 3 ECTS 6 ECTS 3 ECTS 6 ECTS 3 ECTS 6 ECTS 3 ECTS 3 ECTS 6 ECTS
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OTHER COURSES AVAILABLE IN ENGLISH
SCHOOL OF LAW FALL SEMESTER - Introduction to Anglo-American Law and Case Analysis** - Introduction to Accounting for Lawyers** - Introduction to International Commercial Law** - U.S. Criminal Law** - International Corporate Law** - U.S. Tort Law** - U.S. Tax Law** - Legal Aspects of International Finance I**
3 ECTS 3 ECTS 3 ECTS 3 ECTS 3 ECTS 3 ECTS 3 ECTS 3 ECTS
SPRING SEMESTER - U.S. Constitutional Law** - Introduction to Finance for Lawyers** - Introduction to Transport and Payment Law** - U.S. Contract Law** - U.S. Litigation and Dispute Resolution** - International Securities Regulation** - U.S. Business and Corporate Law** - Legal Aspects of International Finance II** Seminars - International Investment Arbitration* - Arbitration and Mediation*
* contact us via email in case you are interested in any of these courses ** intensive courses taught by visiting professors
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3 ECTS 3 ECTS 3 ECTS 3 ECTS 3 ECTS 3 ECTS 3 ECTS 3 ECTS
First [Fall] Semester Offering
Management and Marketing MARKETING I 6 ECTS
Marketing I is focused on understanding external, economic and company factors that build the Marketing strategies of the company. Students will be able to identify and design the best marketing strategy in different markets and environments, understand how brand management works, learn how new tools such as digital media are giving new solutions to companies to market their products and services. They will be able to build the best consumer approach with the most efficient brand strategy, taking the consumer target into account. The subject will cover topics such as how to identify and empower the strengths of the company and how to protect it from threats of the market. Another key learning objective of the subject is to analyze the consumer’s behavior, each type and how to address them by building a successful impact and a long term loyalty level with them.
BUSINESS COMMUNICATION 6 ECTS
Business Communication aims to leverage student’s communication skills in the entrepreneurial and professional world and provide them with information and abilities to work in the corporate communication and business communication environment.
SPORTS AND BRANDS 3 ECTS
In Sports and Brands we will provide a business and economic analysis of professional sports, as well as the economic lessons we can obtain from analyzing the organization and behavior of sports competitions. The focus of this subject is mainly oriented to business related issues, like sponsorship and branding. We will focus our analysis in leading sport competitions and sports events mainly from a European perspective.
[10] FIRST [FALL] SEMESTER OFFERING
The internet and the digital revolution have drastically changed every aspect of modern society. Of course, one of the most drastic areas that have been affected is how the new tech-savvy consumer purchases goods and services. This class will examine what exactly has changed in the relationship between seller and buyer, and how this new technology enabled relationship has allowed for the creation of some of the world’s most successful companies.
E-COMMERCE 6 ECTS
The aim of this course is to allow students to understand the concept and formal process of designing a strategy, which includes Corporate Strategy, Business Strategy and Functional Strategy. The student must know the strategy from a war perspective and how best commanders deployed their strategies in the most important battles of the world. This course will provide the student with a practical overview of the business world by analyzing real cases. The student will be able to develop their capability of student teamwork, applying strategy knowledge to teamwork.
STRATEGIC MANAGEMENT 6 ECTS
The aims of the course are the following: to develop a business plan, to know real initiatives for entrepreneurship and to learn theoretical aspects of Entrepreneurship. The entrepreneurial process involves finding, evaluating, and developing an opportunity by overcoming the strong forces that resist the creation of something new. The aim of the subject is to educate on entrepreneurship by covering theory and practice, helping students develop the skills and competences to be able to identify opportunities in the market, how to assess potential business ideas and how to implement them with market tools and develop organizational and personal capability.
ENTREPRENEURSHIP 3 ECTS
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QUALITY MANAGEMENT 6 ECTS
Quality Management is a recent phenomenon that is becoming more and more important in business. Its specific definition does not aim to assure ‘good quality’ by the more general definition, but rather to ensure that an organization or product is consistent. Quality Management is focused not only on product/service quality, but also on the means to achieve it. In this course, subjects like ISO certificates and EFAQM models will be developed. We will also make special emphasis on practical applications of quality tools
PROJECT MANAGEMENT 6 ECTS
When the Steering Committee of a company decides to move from one situation to another in any area company management (Engineering, Production, Information Systems, Finance, etc.), it is necessary to carry out a project. Projects generate significant investment for the company and involve several departments, customers and suppliers, which implies the need to comply with requirements, deadlines and costs. Failure to make a success of the projects produced significant losses, such as the main economic prestige or image of the staff and the company involved. All companies elaborate different projects each year with profound impact on their operations. The heads of various departments and areas that make up the company must be trained and prepared to be able to manage them. The aim of the course is to provide students with knowledge and tools for the proper design, monitoring, closure and evaluation of projects. Such knowledge includes technical and management aspects.
[12] FIRST [FALL] SEMESTER OFFERING
Finance This course aims to provide first year students with a sound introduction to the use of Mathematics in Business and personal finance applications. After attending this course, the student should be able to set out and solve problems and real cases involving concepts of simple interest, compound interest and annuities and also to know the financial vocabulary both in English and in Spanish. Taking this course will help students acquire the following competences and skills: Improve logical reasoning, improve analytical and synthesis skills; Improve independent learning skills; Improve work-time organization and improve teamwork abilities. Emphasized learning outcomes from the study of this module are: To be able to solve problems with the concepts of simple and compound interest and annuities as well as to apply these concepts to real life situations such as home loans, bonds and capital budgeting decisions.
FUNDAMENTALS OF FINANCE* 6 ECTS
This course provides an introduction to financial accounting, which will enable the students to produce, understand and analyze basic financial statements. The course focuses initially on how to recognize, to record and to value economic events, and how to prepare the primary financial statements that summarize a firm’s economic transactions (basically, the balance sheet, and the income statement).
FINANCIAL ACCOUNTING I* 6 ECTS
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INVESTMENTS IN FINANCIAL MARKETS 6 ECTS
In studying this subject, students develop a basic and wide knowledge of the principal financial markets and financial assets used for investing. This means learning the differences between real and financial assets, different types of financial assets, where to find the markets for these assets, and learning the role of financial assets in distributing wealth and risk between the different market participants. The subject also aims to develop basic technical skills for evaluating and trading the principal financial assets studied during the course. These skills include (1) Learning basic measures of financial risk and how to interpret them; (2) Learning how to construct a portfolio of financial assets, measure its performance, and report it to investors; and (3) Learning basic strategies for trading of financial assets.
METHODS IN VALUATING FIRMS 6 ECTS
The main goal of this course is to know and practice with the main techniques to valuate corporations. Each week the student will receive a finance case, mainly Harvard, and a few questions about the case that they have to answer in writing and deliver before the case discussion. The cases will cover common Corporate Finance issues like: dividend policy, leverage, right issues, cash-flow projections, evolution of EPS, PER, operational risk, unleveraged and leveraged beta and cost of capital.
[14] FIRST [FALL] SEMESTER OFFERING
Economics Principles of Microeconomics is your first contact with economic theory. Therefore, it forms the basis on which your future studies of Microeconomics, and to a lesser extent of Macroeconomics will be built. In this course you will understand how economists perceive and study the reality that surrounds them. In particular, you will study the decisions made by individuals and the interaction of individuals and firms in markets in a rigorous and mathematical way.
PRINCIPLES OF MICROECONOMICS* 6 ECTS
The goal of this subject is to provide the foundations of single-variable dierential Calculus. Students also learn integrals, apply concepts and methodologies to Economics and Business examples, and use software to solve exercises. The emphasis is on problem-solving and understanding concepts and applications rather than on studying theorems.
CALCULUS I* 6 ECTS
The purpose of the course is to provide the basic tools of Probability and Statistics, which will prove to be useful in Economics and Management. We will introduce the most common methods used in Descriptive Statistics, then present the fundamental tools of Probability and lastly introduce Statistical Inference and Test Theory. The course will be illustrated by applications mostly using the free statistical software R.
PROBABILITY AND STATISTICS I 6 ECTS
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ECONOMETRICS I 6 ECTS
This course is an introduction to the basic multiple regression techniques used in economics (eg. Ordinary Least Squares). It will emphasize parameter estimation and hypothesis testing in economic/business applications. In the course we will make use of both statistics and basic linear algebra.
INTERNATIONAL TRADE 6 ECTS
The course is focused on the study of International Trade and its importance in the current economies. First of all, we will pay attention to the evidence on countries’ behavior regarding foreign trade that, with the study of several economic theories on this topic, will allow us to understand the pattern of trade between countries. The student will be able to understand the importance of International Trade in current economies, as well as to get a solid knowledge of some theoretical models of International Trade. The student will also be able to learn about some of the most controversial issues around international trade, starting from the classical discussion of free trade versus protectionism. One of the objectives of this course is to help the student to reach a rigorous and well informed opinion about these issues.
MACROECONOMICS: THEORY AND POLICY 6 ECTS
This course provides the essential theoretical and empirical frameworks for the analysis of aggregate phenomena and of economic fluctuations (e.g.: GDP, inflation, unemployment, interest rates, etc.). Students will learn how fiscal and monetary policies are designed and applied for attaining the main macroeconomic objectives of economic growth and price stability. Relevant historical and presentday examples will be used to get the key intuition behind macroeconomic methods and models.
[16] FIRST [FALL] SEMESTER OFFERING
Other disciplines Upon completion of this course a student will have developed the following skills: Improvement in their ability to express themselves, both orally and in writing, in English, come to better understand the Common Law methodology in U.S. case law analysis, how to “Brief” a case, and perform competent U.S. case law analysis and application. The student will also develop the ability to: Open their minds to the process of “Active Listening”; i.e. to be able to “Listen”, “Think” and “Respond” during class discussion, overcome their reluctance to participate orally in class discussion, appreciate the benefits of sharing their individual thoughts and insights to enhance the richness of the classroom experience, prepare for class discussions in advance by reading course materials in advance, participate actively in class, by responding to questions posed by the professor, and posing questions themselves.
INTRODUCTION TO LAW 6 ECTS
What is Sociology? Why is it important to study it today in a world which is so incredibly globalized via economies, politics, communication, health etc? It is precisely for this reason that we need to have a basic understanding of how we are interconnected with each other. Underlying all events are stories and actions which have shaped those events. We will learn to use our Sociological Imagination to understand the cultural and historical facts which have made powerful interrelated changes on the global economy, health, development, environment, education and more etc. Students will see how Sociology offers them a powerful set of tools to observe how people and things interact.
SOCIOLOGY IN THE 21ST CENTURY** 3 ECTS
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BUSINESS ETHICS 6 ECTS
Business Ethics almost always hits the headlines in the wake of scandals, but hardly ever when entrepreneurs and managers do good deeds. These are often met with a skepticism difficult to eradicate, given the profit motive; such stories are just “too good to be true”. Why so? After a short introduction to the origins and development of Business Ethics, this course will present a more constructive approach based on the notion of “moral capital” or virtue. We shall also explain how the firm, through the proper ethical perspective, could actually be a potent force toward attaining the common good of society
[18] FIRST [FALL] SEMESTER OFFERING
Second [Spring] Semester Offering
Management and Marketing PRINCIPLES OF BUSINESS ADMINISTRATION* 6 ECTS
[20]
The overall objective of this subject is to provide students with the basic concepts concerning firms, as well as identifying its functional areas and major decisions. Once this course is completed, the student should have acquired knowledge about how a company is directed and managed. For this purpose, it is intended to make an introductory review of the management functions while highlighting important issues such as the nature of the firm, its environment, and associated tools for decision making.
OPERATIONS MANAGEMENT 6 ECTS
Operations Management is a subject in which the Operations System of the company is analyzed. The Operations System includes all the activities and decisions related to the design and production of products and services in a company. In the case of production companies, the Operations Systems concerns decisions especially related to the flow of materials. The Operations System is a key area to ensure the competitiveness of a company, so their understanding is very important for comprehensive understanding of the company.
HUMAN RESOURCES 6 ECTS
This course aims to describe and explain the most recent trends concerning Human Resource Management. More precisely, the course’s objectives are to learn the key concepts and functions of Human Resource Management considering it as a strategic area of Management, study human behavior in today’s complex and global organizations, and to awaken student’s sensitivity to “social” issues as part of management in organizations.
BUSINESS POLICY 6 ECTS
The overall objective of this subject is to understand the central significance of policy and strategy to top managers and their organizations. For this purpose, it is analyzed how environments, both external and internal, affect the functioning of an organization- and the associated methods to assure that policies and strategies are implemented. SECOND [SPRING] SEMESTER OFFERING
The objective of this course is to provide the student with a thorough understanding of how to analyze business cases, and how to effectively present their analysis. Emphasis will be placed on oral presentation of case analysis and recommendations. Students will participate in a time-limited case preparation and presentation format. The aim of the course is to develop students’ skill in solving case studies from real business in teams and improve their presentation skills. This course will give the students fundamental knowledge, skills and practice in preparing and presenting case studies for classes and the real world (and possibly case competitions). Business Case Analysis will explore ways that can better prepare the students for case studies including professor coaching, preparation and presentation feedback, debating, persuasive communications and crossdiscipline work. Students will acquire presentation, leadership, team building, analytical and logical thinking skills.
BUSINESS CASE ANALYSIS 6 ECTS
This course aims to provide students with an overview of critical aspects of successfully doing business in Africa including analyzing the political and macroeconomic environments in Africa; identifying opportunities and risks; developing an effective strategy for doing business in Africa broadly and in specific regions; effective marketing in the African context; cultural aspects of negotiation and ethics and social responsibility in the African context.
DOING BUSINESS IN AFRICA 3 ECTS
Marketing II is focused on the daily business of Marketing, using Marketing Mix Management and focusing on the consumer approach through research and services marketing. The subject is divided in three parts: Marketing Mix strategies and tools, consumer understanding through research, and marketing applied to services. Consumer behavior and strategies that don’t fit with people’s desires and preferences are the most common problems in marketing departments where market research can help to re-define strategies and product mix.
MARKETING II 6 ECTS
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NEGOTIATION 3 ECTS
This course will develop your understanding of the principles, strategies, and tactics of effective negotiation and professional relationship management. You will also increase awareness and understanding of ethical principles and stakeholder considerations that influence the choices offered and made in transactions and relationships. You will learn to identify and assess the variables in negotiations, develop sound negotiation planning techniques, develop an understanding of various strategies and tactics to use as you ethically resolve conflicts, transactional and interpersonal differences. Learn how to use that knowledge to execute effective dispute resolutions, and improved competence to manage professional relationships.
MARKETING MANAGEMENT 3 ECTS
The competitive environment of today has made companies to rethink their marketing activities and lead the company and brands very differently than before. From marketing responsibilities to Category management there are lots of intuitions, changes and realities that need to be understood to cope with the complexity of this management activity. This subject deals with the organization of the marketing function today and the way the best companies are facing the tough surrounding they are in: From single product to multi-product; from one brand to many; from selling to others to owned or franchised shops; from high margins to low cost pressure.
COUNTRY AND CITY BRANDING 3 ECTS
Branding strategy and techniques are increasingly becoming the preferred approach to identify and take advantage of the main city and country assets. Place branding allows cities and countries to increase citizens’ satisfaction, attracts additional flows of investment, human capital and tourism. In this course, we will discover the basic tools for identifying place brand identity, image and positioning. We will present the main elements of place branding strategy. Students will be asked to carry on practical study cases during the semester.
[22] SECOND [SPRING] SEMESTER OFFERING
Finance In this course students will learn how to record complex business transactions, relative to long lived assets (including intangible assets), short and long term debt, and financial investments. At the end of the semester, particular attention is paid to the accounting treatment of leases and income taxes.
FINANCIAL ACCOUNTING II* 6 ECTS
In a globalized economy, the capital markets around the world must provide high-quality, homogeneous financial information across countries, fulfilling the needs of their users and regulators. The International Financial Reporting Standards, due to their large international acceptance, represent the language able to meet this purpose. The main goal of the course is to guide the students to the application of international accounting principles and techniques in real world situations by offering a principle-based approach of the financial reporting standards environment.
INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) 6 ECTS
This course is focused on the following financial derivative products: forward, futures, option, and swap contracts. The course provides an introduction to these financial assets and discusses some topics related to their pricing, trading strategies, and risk management of portfolios using financial derivatives.
FINANCIAL DERIVATIVES 6 ECTS
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INTERNATIONAL FINANCE 6 ECTS
Why is there a sovereign debt crisis in Europe? What are the factors behind the Dollar/Euro exchange rate determination? What is the relation between European, American and Japanese Interest Rates? What is the reasoning behind monetary unions? What is a balance of payments crisis? What are the advantages of adopting a fixed exchange rate? Do speculative bubbles exist in the exchange markets? How did the euro come into place? International Finance addresses these types of questions and more. The class is intended to familiarize the student with the structure and functions of the foreign exchange market. Additionally students will analyze the dynamic behavior of exchange rates and both their real and nominal macroeconomic effects.
MONEY, BANKING AND FINANCIAL MARKETS 6 ECTS
Why do international stock markets react to lower interest rate setting by the U.S. Federal Reserve? What are the differences between the ECB and the Federal Reserve monetary policy? What is the relation between monetary policy and the 2008 financial crisis? What is the relation between interest rates, GDP and inflation? What is the difference between expected and unexpected monetary policy actions? What to do when interest rates are close to zero and the economy needs an expansionary monetary policy? What is quantitative easing? How does the transmission mechanism of monetary policy work through the banking system? How does asymmetric information influence credit policies by banks? What is systemic risk and what was its role in the financial crisis? Why can banks collapse and what is the effect in the overall economy? How can Central Banks avoid bank runs and mitigate systemic risk? “Money, Banking, and Financial Markets� deals with all these issues and more. The class is intended to familiarize the student with the monetary policy strategy, implementation and effects, as well as the role of banks in our economies as transmission mechanism of monetary policy and providers of liquidity to the private sector and engine of growth.
[24] SECOND [SPRING] SEMESTER OFFERING
Economics The objective of the course is to introduce the basic concepts and tools used in macroeconomic analysis. In this course, the student will learn how to use and compare different economic models to analyze and understand current economic issues. The course studies the functioning of the aggregate economy both in the long run and the short run, and covers many of the issues that dominate the theoretical and political debate: unemployment, inflation, growth, etc.
PRINCIPLES OF MACROECONOMICS* 6 ECTS
This is a course on Intermediate Microeconomics. The student is assumed to be familiar with basic economic concepts, acquired in the first year. This course covers a wide range of topics, starting from the analysis of competitive markets, and also includes monopoly, oligopoly, game theory, uncertainty, general equilibrium and market failure. The course aims to provide the student with the sufficient knowledge to understand economic models and apply mathematical tools to economic analysis.
MICROECONOMICS: THEORY AND POLICY 6 ECTS
Global Political Economy focuses on the main issues in international political economics, such as globalization, governance, trade, foreign investment, international migrations and financial markets. The course is designed as an introduction to the main ideas, trends, events and forces which shape the political, institutional and social framework in which the world economy develops. For this purpose, the course takes a multidisciplinary approach combining questions from various social sciences such as economics and political science. This analysis will help students develop a critical understanding of the new reality of the world economy, which some define with the sole word “globalization� but which has many different sides to it. During the course we shall address the role and position of the economies of Spain and Europe in this global framework.
GLOBAL POLITICAL ECONOMY 6 ECTS
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ALGEBRA* 6 ECTS
Algebra enhances the capacity for analysis and synthesis, helps speed reasoning and facilitates abstract thinking. As for inclusion in Business Administration/Economics studies, it is essential for quantitative modelling of economic reality, and it can solve complex problems with many variables (impossible to synthesize intuitively).To achieve these objectives usual topics are thoroughly discussed in mathematics, such as linear programming, matrices and determinants, systems of linear equations, applications of matrices and systems of equations to economic applications and graphs and networks.
CALCULUS II* 6 ECTS
This course begins with the introduction of functions with more than one independent variable. Students learn partial and directional derivatives and also the total derivative of a function. Most of the course is devoted to solve optimization problems (constrained and unconstrained). As in Calculus I, the emphasis is on problem solving, understanding concepts and applications to Economics and Business.
PROBABILITY AND STATISTICS II 6 ECTS
The objective of the course is to introduce some issues of statistical inference and modeling. In particular, the students will learn the following topics: constructing confidence intervals for different population parameters (mean, variance, proportion) based on the sample information. Learn the general hypothesis testing procedure and its application to different problems. Perform ANOVA tests to compare the means of different populations. Perform different nonparametric tests and know in which situations they should be used. Use correlation and regression analysis to study the linear relationship between two variables, as well as different computer programs to perform the above analysis and tests.
[26] SECOND [SPRING] SEMESTER OFFERING
This is a course related with time series analysis. Once we define the concept of stationary we present the different ARMA models used in the material. Another chapter is devoted to estimation, focusing on maximum likelihood estimation. Then, testing hypothesis and model selection, based on Box-Jenkins methodology, is presented. The following chapter deals with seasonality in time series, and the following one is devoted to prediction. Next we look at no stationary cases. The next chapter focuses on structural time series, while the last chapter investigates long memory processes and frequency domain specifications.
TIME SERIES 6 ECTS
This course is an introduction to the psychology of decision making. It covers normative and descriptive theories of choice and judgement; models of decision making and the effects of several factors, such as context, culture, experience or information on decision making; cognitive and behavioral biases as well as heuristics; and, of course, applications of these topics to real world decisions, especially those most directly related to economic and business choices.
DECISION MAKING THEORY 6 ECTS
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Other disciplines KEY ISSUES IN THE CONTEMPORARY WORLD II: HISTORY OF CONTEMPORARY THOUGHT AND INTERNATIONAL RELATIONS* 6 ECTS
The objective of this course is to offer students the basic analytical framework to analyze different political cultures, social structures, democracy, and institutions. These outlines are then applied to understand the principal differences between democracy and authoritarian forms of government, differences and similarities among various democratic forms of government, the internal processes of democratic decision-making, and the principal lines of global conflict. We will use theoretical arguments and a wide range of case studies to address the related questions: Why are some countries democratic and others not? How does democracy affect political conflict and economic development? Why do some countries centralize power while others threaten to fall apart through secession and civil war? We will use examples from a wide range of countries including Spain, Germany, Iraq, and the United States. The lessons drawn from these countries will prepare you to analyze other countries of your own in a paper assignment.
COMPARATIVE POLITICS** 4.5 ECTS
This class is an introduction to the study of Comparative Politics and it is a natural extension from your introductory class to political science. You will learn about some of the major concepts used in the study of comparative politics, and these will be discussed using frequent realworld examples from a variety of countries. The course will cover a wide range of issues, including the policies of modern states, varieties of democracy, authoritarianism, political culture, institutions, and interest groups. We also will discuss some relatively recent debates in comparative politics that have been important in the policy-making process, such as the role of the state in the economy, the economic success of autocratic regimes, and the growing influence of lobbyism in many developed democracies.
[28] SECOND [SPRING] SEMESTER OFFERING
The course intends to give you an in-depth introduction to the institutions of the European Union. Therefore, it overviews the multi-level framework in which the European institutions exercise their functions; examines their various natures; reveals institutional change in the EU; and effects of the euro-zone crisis on it. This course will also introduce you to the main theoretical frameworks to better understand the work of the EU institutions in decision-making process.
EUROPEAN INSTITUTIONS** 3 ECTS
This course evaluates the role and scope of International Organisations in this process and how they govern globalisation in social, economic, security and political terms. This course aims to familiarise students with the main institutions, their policies and principal actors. The primary institutions dealt with are the United Nations, the World Bank, the WTO, multi-country organisations, the OECD and technical bodies. The main policies covered are international security, finance, trade, climate change, human rights, economic development and technical standards. The course has two main goals. The first is to offer a basic knowledge of the main institutions, as well as an understanding of how countries work together to take and implement decisions at a global level. The second is to consider the politics, motives and difficulties associated with participation and intervention in the various global issues as both a sovereign state and a member of the European Union. This course also gives students the opportunity to enhance their knowledge of - and insight into - international negotiation processes. Students will be able to debate and practice international negotiation in a series of short exercises. We will also look at the European Union as an actor and a power in the international system, to the extent that these are relevant for developing an analytical framework aimed at understanding and assessing the external aspects of EU policies.
INTERNATIONAL ORGANIZATIONS** 3 ECTS
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BUSINESS ETHICS 6 ECTS
Business Ethics almost always hits the headlines in the wake of scandals, but hardly ever when entrepreneurs and managers do good deeds. These are often met with a skepticism difficult to eradicate, given the profit motive; such stories are just “too good to be true”. Why so? After a short introduction to the origins and development of Business Ethics, this course will present a more constructive approach based on the notion of “moral capital” or virtue. We shall also explain how the firm, through the proper ethical perspective, could actually be a potent force toward attaining the common good of society.
DEMOGRAPHY 3 ECTS
Demography is the study of human populations. This course provides an introduction to the techniques of demographic analysis and the interpretation of demographic data in order to understand and use demographic concepts and trends. Topic covered include sources of information, period and cohort methods of description and analysis of the basic demographic phenomena (fertility, mortality and migration), the determinants of age structure and population growth, the interpretation of demographic statistics and population projection. We will also explore the explanation and consequences of population trends and differentials in time and space. Emphasis is placed on the understanding and interpretation of demographic data, as well as methods of population analysis. The demographic knowledge will be an essential background in order to understand past, present and future societies. No previous demographic knowledge is required.
[30] SECOND [SPRING] SEMESTER OFFERING
School of Economics and Business International Relations Office Edificio Amigos Universidad de Navarra 31009 Pamplona Tel. 948 425 600 Ext. 802436 Fax 948 425 626 intrel-eco@unav.es http://www.unav.edu/web/facultad-de-ciencias-economicas-y-empresariales