Name: BUSINESS ECONOMY I
Code: 510101010
Type: Basic
ECTS: 4.5
Length of subject: Per term
Semester and course: 1st Year - First term
Speciality:
Language: English
Mode of study: On-site class
Lecturer data: OLMEDO CIFUENTES, ISABEL
Knowledge area: Organización de Empresas
Department: Economía de la Empresa
Telephone: 968325790
Email: isabel.olmedo@upct.es
Office hours and location:
Qualifications/Degrees:
PhD in PhD in Economics and Business Management from Technical University of Cartagena (SPAIN) - 2011
Academic rank in UPCT: Profesora Contratada Doctora
Number of five-year periods: 2
Number of six-year periods: 1 de investigación
Curriculum Vitae: Full Profile
[CB4 ]. Students are required to transmit information, ideas, problems and solutions to a specialized and non-specialized audience.
[CG4 ]. To plan, organize, decide and control the different areas of business management, applying advanced strategic management systems.
[CE03 ]. To direct and manage a small company or organization, understanding its competitive and institutional location and identifying its strengths and weaknesses.
[CT1 ]. Spoken and written effective communication
1. Argue orally and in writing opinions and deductions in business administration and management.
2. Describe the different administrative functions: planning, organising, leading and controlling.
3. Identify the skills and attitudes necessary for good business management.
4. Apply different criteria to classify an enterprise.
5. Differentiate the environment of the company and its market.
Business Economy I aims to introduce students in the business world, addressing content that ranges from the most general to the most particular in the management of all types of organisations. To do this, the course begins with introductory topics about what the company is, its elements, its role in the economy, evolution and its classification. Similarly, the importance of entrepreneurs in the economy and the need to make business plans for their development is discussed. The importance of analysing the business environment and, particularly, the market in which the company operates is introduced. Finally, each of the functions of administration (planning, organising, leading and controlling) for the proper functioning of the company and its interrelation are analysed in detail.
The company as socioeconomic reality
Topic 1: The company.
Topic 2: Business theory and types of companies.
Topic 3: The environment of the company and the market.
Business administration
Topic 4: The entrepreneur and the managers.
Topic 5: Thinking in business administration.
Topic 6: Functions of management. Planning and controlling.
Individual activities
At the end of each topic, a multiple choice questions activity related to the topic will be opened in the Aula Virtual.
Group project
Group activity that consists of developing a business idea according to a script provided by the professors. It will be handing in writing and there will be an oral presentation of it. Oral presentation is mandatory to obtain a mark in this activity.
Promoting the continuous improvement of working and study conditions of the entire university community is one the basic principles and goals of the Universidad Politécnica de Cartagena. Such commitment to prevention and the responsibilities arising from it concern all realms of the university: governing bodies, management team, teaching and research staff, administrative and service staff and students. The UPCT Service of Occupational Hazards (Servicio de Prevención de Riesgos Laborales de la UPCT) has published a "Risk Prevention Manual for new students" (Manual de acogida al estudiante en materia de prevención de riesgos), which may be downloaded from the e-learning platform ("Aula Virtual"), with instructions and recommendations on how to act properly, from the point of view of prevention (safety, ergonomics, etc.), when developing any type of activity at the University. You will also find recommendations on how to proceed in an emergency or if an incident occurs. Particularly when carrying out training practices in laboratories, workshops or field work, you must follow all your teacher's instructions, because he/she is the person responsible for your safety and health during practice performance. Feel free to ask any questions you may have and do not put your safety or that of your classmates at risk.
Class in conventional classroom: theory, problems, case studies, seminars, etc
Master class (lecture method) to expound the different contents interacting with the students.
Resolution of doubts and questions raised by the students.
Encouragement of debates.
Student participation in solving individual activities.
Group and cooperative learning with group project.
Encouragement of debates.
Oral presentation of group project using audiovisual means (such as Power point).
44
100
Class in laboratory: practical classes / internships
Laboratory or field practice class.
0
100
Class in the field or open classroom (technical visits, lectures, etc.). In general, activities that require special resources or planning
Laboratory or field practice class.
Seminars, tutorials led by teaching staff, conferences, visits, round tables, etc.
0
100
Class in a computer classroom: practical classes / internships
Practical class in the computer room.
0
100
Assessment activities (continuous assessment system)
There will be a written evaluation activity related to the development and acquisition of the skills associated with the course (continuous assessment system).
1
100
Assessment activities (final assessment system)
Written evaluation activity related to the development and acquisition of the skills associated with the course (final assessment system).
2
100
Tutorials
Tutorials: individual or in groups.
3.5
50
Student work: study or individual or group work
Resolution of individual activities.
Preparation of contents and presentation of group project.
Study of the theoretical and practical contents of the course.
62
0
Presentation and defence of assignments
Presentation and defence of a group project, with an assessment rubric available in the Aula Virtual.
Evaluated learning outcomes: 1
5 %
Spoken or written exams
There is a written evaluative activity about all the contents of the subject.
It includes written theoretical and practical questions of medium / long extension. They evaluate theoretical concepts and the practical application of knowledge and analytical skills.
This evaluative activity has no minimum score.
Evaluated learning outcomes: 1, 2, 3, 4, 5
70 %
Participation and involvement in the teaching-learning process
Group project defined at the beginning of the course and whose assessment rubric will be available in the Aula Virtual.
Evaluated learning outcomes: 1, 2, 3, 4, 5.
10 %
Evaluation of assignments and reports on practical sessions (final product, follow-up and contribution in the case of group work)
Evaluation of the individual activities related to each one of the topics. They will be available in the Aula Virtual along with their corresponding assessment rubric.
There is no minimum score for these activities.
Evaluated learning outcomes: 1, 2, 3, 4, 5.
15 %
Presentation and defence of assignments
Presentation of the group project even though it has been carried out individually. The assessment rubric will be available in the Aula Virtual.
Evaluated learning outcomes: 1
5 %
Spoken or written exams
here is a written evaluative activity about all the contents of the subject.
It includes written theoretical and practical questions of medium / long extension. They evaluate theoretical concepts and the practical application of knowledge and analytical skills.
This evaluative activity has no minimum score.
Evaluated learning outcomes: 1, 2, 3, 4, 5
70 %
Participation and involvement in the teaching-learning process
Group/individual project defined at the beginning of the course and whose assessment rubric will be available in the Aula Virtual.
Evaluated learning outcomes: 1, 2, 3, 4, 5.
10 %
Evaluation of assignments and reports on practical sessions (final product, follow-up and contribution in the case of group work)
Evaluation of the individual activities related to each one of the topics. They will be available in the Aula Virtual along with their corresponding assessment rubric.
There is no minimum score for these activities.
Evaluated learning outcomes: 1, 2, 3, 4, 5.
15 %
Students who have not done the activities that represent 30% of the final mark (different from written evaluative activity), must do a complementary evaluation that will assess the undeveloped competences. Its weight will be also 30% of the final mark.
To pass the course, it will be necessary to obtain a minimum score of 5 points among: the exam mark, which represents 70% of the final mark (7 points), and the complementary evaluation score, which represents 30% of the final mark (3 points).
Author: Olmedo Cifuentes, Isabel
Title: Business economy
Editorial: Universidad Politécnica
Publication Date: 2014
ISBN: 9788494256271
Author: Martínez León, Inocencia María
Title: Economía de la Empresa
Editorial: Universidad
Publication Date: 2012
ISBN: 9788496997936
Author: Stoner, James A.F.
Title: Administración
Editorial: Prentice-Hall Hispanoamericana
Publication Date: 1996
ISBN: 9688806854
Author: Robbins, Stephen P.
Title: Management
Editorial: Englandb:Prentice Hall
Publication Date: 2016
ISBN: 9781292090207
Author: Gómez-Mejía, Luis R.
Title: Management: people-performance-change
Editorial: Pearson
Publication Date: 2012
ISBN: 0132604337
Author: Martínez Martínez, Aurora
Title: Introducción a la economía de la empresa
Editorial: Pirámide
Publication Date: 2016
ISBN: 9788436836394
Author: Taylor, Bernard W.
Title: Introduction to management science
Editorial: Pearson
Publication Date:
ISBN: 9789332579422
Slide presentations of the topics and activities of the course will be in the Aula Virtual.