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: Contact with the lecturer
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.
Se pretende introducir al estudiante en el mundo empresarial, abordando contenidos que van de lo más general a lo más particular en la gestión de todo tipo de organizaciones. Para ello se comienza con temas introductorios sobre qué es la empresa, sus elementos, su función en la economía, evolución o su clasificación. Se trata la importancia del empresario en la economía y la necesidad de realizar planes de empresa que permitan su desarrollo. Se introduce la importancia de analizar el entorno de la empresa y, particularmente, el mercado en el que la empresa desarrolla su actividad. Finalmente, se analiza de forma pormenorizada cada una de las funciones administrativas necesarias para el buen funcionamiento de la empresa (planificación, organización, dirección y control) y su interrelación. -- 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 theoretical-practical activity related to the explained subject will be sent. The handing in of the activities is mandatory.
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 at the end of the semester.
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.
Theory class: Activities consisting of training sessions to develop theoretical knowledge based on concepts and theories
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.
30
100
Problem solving class: Activities consisting of training sessions to develop practical or applied knowledge based on problem solving exercises, or practical cases
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).
14
100
Laboratory or field practice class: Activities aimed at developing practical or applied skills by the student supervised by a remote teacher
Laboratory or field practice class.
0
100
Practical class in the computer room: Activities for the acquisition of certain skills through the use of specific software
Practical class in the computer room.
0
100
Seminars, tutorials led by teaching staff, conferences, visits, round tables, etc .: Activities to develop theoretical, practical or applied knowledge based on specific topics or views of the profession
Seminars, tutorials led by teaching staff, conferences, visits, round tables, etc.
0
100
Assessments (continuous assessment system): speaking or writing tests, presentations, individually or in groups, which should include the knowledge acquired in the classes. Formative and summative assessment activities are included here
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
Assessments (final assessment system): speaking or writing tests, individually or in groups, which should include the knowledge acquired in the classes. Summative evaluation is included
Written evaluation activity related to the development and acquisition of the skills associated with the course (final assessment system).
2
100
Tutorials: Individual or in groups, will serve to advise, resolve any doubts, guide, monitor work or the knowledge acquired
Tutorials: individual or in groups.
3.5
50
Carrying out individual or group assignments: Autonomous and / or collaborative learning to develop theoretical, practical or applied knowledge by carrying out projects, practice reports and / or assignments
Resolution of individual activities. Preparation of contents and presentation of group project.
16
0
Individual study: Time dedicated to studying the subject
Study of the theoretical and practical contents of the course.
46
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, composed of two parts: 1) Theoretical and/or theoretical-practical questions (multiple choice and / or simple theoretical questions). They evaluate theoretical concepts. Score on final mark: 30%. 2) Practical questions and problems of medium or long extension. They evaluate the practical application of knowledge and analytical skills. Score on final mark: 30%. This evaluative activity has a minimum score of 4 points out of 10. Evaluated learning outcomes: 1, 2, 3, 4, 5
60 %
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.
25 %
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
There is a written evaluative activity about all the contents of the subject at the end of the semester., composed of two parts: 1) Theoretical and/or theoretical-practical questions (multiple choice and / or simple theoretical questions). They evaluate theoretical concepts. Score on final mark: 30%. 2) Practical questions and problems of medium or long extension. They evaluate the practical application of knowledge and analytical skills. Score on final mark: 30%. This evaluative activity has a minimum score of 4 points out of 10. Evaluated learning outcomes: 1, 2, 3, 4, 5.
60 %
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.
25 %
Students who have not done the activities which are different to the exam and represent 40% of the final mark must do a complementary test that will evaluate the undeveloped competences. Its weight will be also 40% of the final mark. To pass the course, it will be necessary to obtain a minimum score of 5 points: the exam mark represents 60% of the final mark (6 points), and the practical test score represents 40% of the final mark (4 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
Slide presentations of the topics and activities of the course will be in the Aula Virtual.