This subject will enable students to:
- Carry out an accounting cycle.
- Elaborate a balance sheet and an income statement.
- Understand the workings of the double-entry accounting.
- Account the most common financial transactions.

- Understand the notation and basic concepts on mathematical programming.
- Acquire the basic concepts on difference and differential equations, and their resolution methods.
- Interpret the graphical and symbolic form of constrained optimization problems.
- Identify mathematical models applicable to the economy.

Introduction to production management.
Process design and long term capacity planning. Location of production plants. Quality management. Inventory management.
JIT. Aggregated planning. Material requirements planning (MRP) and capacity requirements planning (CRP). Short term scheduling techniques.

Study of the suppositions of tax matters assumed by businesses at each stage or time of their development, from their constitution, development, patrimony and transformation until their extinction.

Corporate taxation in the Spanish tax system, as a descriptive complement of the dynamic perspective: the most important legal aspects of corporate tax and VAT, as well as of the other taxes of importance for tax collection or economic importance or simply complementary to the previous ones, such as IRPF - income tax (and its retentions), IRNR (tax on non-residents) and ITP (wealth transfer tax).

Fiscal incentives of SMEs, the effects of taxation on company accounting, fundaments and/or principles that justify corporate tax., internal and international double taxation, economic bases of VAT, etc. The effects of taxation in business decision making: optimisation of amortisation policies, taxation alternatives of business investment, tax incentives of SMEs. Effects of taxation in company accounting.

The nature and sources of competitive advantage. Positioning: advantage in costs and advantage in differentiation. The nature and sources of advantage in costs and its risks. Analysis of the advantage of differentiation with regard to supply and demand.

Strategy and the environment. Strategies for emerging and for mature industries. Implementing strategy.

Global companies and international law. Corporate social responsibility. Economic focus of ethics and profits.

Theories of ethical rationality. International company and national policies. Ethics of the practice of marketing.

Enterprise and global environmental issues.

Global labour markets. Corruption. Financial and ethical crises.

Who is the entrepreneur and what is entrepreneurship? Creativity and recognizing the opportunity. The business model. Business strategy.

Market research and marketing strategy.

Entry strategies, legal and professional ethic matters. The economics of new entrepreneurial actions. The importance of the management team.

The individual and the companies. Companies and institutional change.

Novelties in quality management and regulation. New means of integration and of vertical disintegration. The crisis of commercial brands. Divisionalisation.

Electronic business (e-business). The fundamental asset: professional career management.

Company and market. Conflict between company and society. Regulation and its limits. The concept of Corporate Social Responsibility (CSR).

Corporate governance. CSR and business profitability. The problem of the sustainability of the competitive edge for a responsible company. Business ethics. Environment. Sustainability. Company environmental management.

People management and development. Human resources and the company.

Working life - family life conciliation. Equality of sexes. Vulnerable groups and diversity. Occupational health prevention.

Marketing and reputation. Activism and communications media. Responsible marketing. Sectorial perspectives.

Socially responsible investments. SMEs. Tourism companies. The public administrations and CSR. Reports, verification and certification.

The international environment and globalization.
Advantages and disadvantages of the internationalization of the company. Duties and customs in foreign trade. Foreign trade documentation.

International transport. Means of payment in international markets. The financing of foreign trade.
The international recruitment. Communication strategies and promotion in foreign markets.

Entry strategies in foreign markets. Export consortia.International commercial networks.

Commercial agents. External networks. International commercial information.

Definition, importance and characteristics of family firms.

Business community and life cycle of the family firm. The family firm as a closed partnership. 

The family partnership contract. Statutory and extra-statutory agreements. Governing bodies of family firms.

Ownership and management in family firms. Competitive strategies and the family firm. 

Financing the family firm. The company and assuming risks.Harnessing resources from without.

Succession in the family firm. Stages in the process. Cession of ownership and cession of management.

Delimitation and classification. Market services and their importance in the economy of Catalonia as a whole. Evolution of the sector. Production, employment and productivity. Specialisation in the services sector.

Use of free time: activities and leisure. Details of the activities of the sector in Catalonia and in Spain. Typology. Communications media and leisure. Games. Sport.

Theme parks and recreational areas. The culture industry. Public and private supply.

Concept and typology of sport. Sports products. 

Sports facilities and equipment, complementary services and products.

The flow generated by sport activities. Measurement of the economic impact of sport activities. The professional sports market. Components of the income of sports entities. Factors determining attendance at sports events. 

Analysis of the demand for complementary products and services. Demand and new technologies. Sports supply. Federative institutions, clubs and associations. Major sporting events and their economic impact.

Economic and financial management of projects.Organizational structures for project management.

Project Phases.Analysis of project management.Quality management applied to projects.

Research as a business activity and its interactions with the other areas of the company.

The strategic dimension of R&D activities in the company. Selection, assessment and funding of R&D projects.

Planning and control of the R&D programme. The human team and the R&D department. Protection of technology via patents and brands. Marketing in innovation management. 

Introduction to social entrepreneurship. Its importance in the economic world.

The definition of mission and goals of a social enterprise. Classification of social enterprise.

Operational models of social enterprises. Social problems and social entrepreneurship in practice. Approaches to address social problems through viable and sustainable enterprises.

Social Enterprise Strategies: Marketing, financial, cultural and generation of entrepreneurial 

Functions of production and product measurement. Maximisation, satisfaction, fulfilling the targets set in the mission of non-profit organisations. Diversity of fields and justification of actions. Typology.Organizational forms. Coordination and motivation of agents and alignment of incentives. Taxation. International aspects.

Study the main problems of the regression model and its solutions, as well as time series models.

A rigorous analytical approach and some practical examples are provided for a better understanding of both models, together with the help of econometric packages.

Analysis of the use of econometric tools in empirical analysis for decision-making or evaluation of the effects of certain policies. 
To this end, we'll discuss in detail various applied studies, emphasizing the different phases of the applied economic analysis:

approach to the issue to be answered, presenting the theoretical / conceptual framework where the analysis is done, type of data available for the exercise, econometric tools necessary given the kind of question approached and the characteristics of the data, interpretation of results and formulation of conclusions.

Study of different cases (empirical exercises). Increasing knowledge about the econometric methods needed to make different studies 
Using econometric package  that the students should be familiar with and knowledge and access to different existing  databases (real)

Graph Theory and Social Networks. Game Theory. Markets and strategic interaction on networks. Network Dynamics: Population Models. Network Dynamics: Structural Models. Institutions and Aggregate Behaviour. Applications in marketing, campaigning, social movements

Databases and Database Marketing. Bases of internet and electronic commerce (Hardware, Security, Electronic Payments). Fraud. e-commerce websites, ad networks). Searches and marketing: organic search and payment optimization. Recommendation Systems. Dynamic Pricing / Discounts in electronic commerce.

Market research via Internet), A / B Testing. Mobile marketing, social media marketing.

General introduction to statistical computation and R. Objects and elemental functions in R. Basic statistics and graphics. The input/output of data and the interface with other statistical software (stata, spss, excel, etc.). Basic statistics and graphs. Exploratory analysis with R.

Probability distributions and statistical simulation. Advanced graphs. Basic programing. Examples of personal programming with R.

Functions for general statistical analysis.The library of statistical functions of R (R packages). The practice of linear and generalized linear models. Other aspects of the use of R. 

Markets and Derivatives

(as from 2019-2020 the noun changes to Financial Derivates and Risk Management)

It is compulsory to have completed Financial Economics.

Besides, it will help having completed Financial Management I and Financial Management II.

A specific program will be annually determined, according to the latest developments in the markets and institutions. Currently, the main issue would be corporate governance.

Determining the necessary information for decision making. Type of information. Sampling processes.

Variables measurement scales. Questionnaire design. Information collection process. Sources of error. Univariate description of populations.
Cross tables. Introduction to multivariate analysis methods.

The student must previously have taken: Introduction to Macroeconomics and Macroeconomics I

The student must previously have taken: Introduction to Macroeconomics and Macroeconomics I

The student must previously have taken: Econometrics I

The student must previously have taken Advanced Macroeconomics I

Why do economists study science, technology and innovation? The historical perspective. What is it in a society that makes one a successful innovator? The macroeconomic perspective. Science and technology as growth factors. The macroeconomic implications of the dissemination of innovations. The microeconomic perspective. Are innovation goods different? The outlook of the 21st century. Is the "New Economy" new? The market and regional perspectives. The market as a selection mechanism. The region as a source of information. The perspective of enterprise and of industry. The evolution of innovation and of industry. The administration of innovation: which R&D and which innovation strategy should be followed by companies, and how must they be administered? The legal point of view. Should the inventor be protected? How? Economic policy and the perspective of public policies. Who resists innovation? How should R&D policies be designed? The perspective of the European Union. Empirical analysis of competition in R&D between companies. Technological change in the functions of production. Measuring technological change. Scale, concentration and innovation. Standards and network externalities.

Understanding what happens during negotiations and in decision making. Developing good habits for negotiation. The need to take the initiative and to be active. Negotiation, conflict, power and ethics.

Zero sum games. Mixed strategies and the Minimax theorem. Simultaneous games with N players. Dominated strategies. Nash equilibrium. 

Correlated equilibrium. Bayesian equilibrium. Sequential games with perfect information. Sequential games with imperfect information. 

Design of mechanisms. Matching. Cooperative games.

Historical evolution of integration. Community institutions: make-up, functioning and attributions. 

The decision making process. The budget of the Union and its current financial outlook. Community legal order and the legal protection system. 

The free circulation of goods, people, the free rendering of services and companies and individuals' right of establishment. Common trade policy and multilateral agreements in the framework of the WTO. 

Defence of competition policy. The common agricultural policy. Monetary integration and the coordination of macroeconomic policies. The integration of the financial markets.

The harmonization of taxation. Economic and social cohesion policy and the structural base. 

Cultural and consumer protection policy. The extension of the European Union and the neighbourhood policy. 

Foreign policy and common security and European policy on security and defence.

Policies on the environment and energy, on immigration and asylum, and judicial and police cooperation.

Strategic targets of the European Union: competitiveness, growth and cohesion.

EU research policy. The Union reform process: the Treaty of Lisbon. The concept of European citizenship: a reflection from Catalonia.

- Understand the evolutionary and adaptive character of business management, through the knowledge of the greatest authors and schools of thought.

- Acquire a more mature business culture and become aware of its own past through direct contact with the original texts of some authors.

Major waves of business thought. The predecessors Smith and Marx. Taylor and the scientific organization of work.

Human resources; Mayo, Herzberg and McGregor. Directives in the organization and in society.

Overview of European economic growth during the 20th century.

The post-war and reconstruction. The regionalization of economic cooperation in Europe.

Business organisations in theory and in history. Medieval origins.

The international business in the modern era, between privilege and specialization.
From the first to the second industrial revolution. The free standing company.
The emergence of modern multinationals.

Governments and international business: the era of the nationalizations; the era of regulation; the era of privatizations and of deregulation. New multinationals in the new globalisation.

Latin America in the global economy: a quantitative balance from a bisecular perspective.

Starting conditions: colonial institutions and economic growth of the Empire. The struggle for the Independence and its economic consequences.

Economic behavior of the new republics during their first 50 years.

Internationalization of Latin American economies during the first globalization.

Barriers to growth in the era of liberal capitalism. Pattern of productive specialization.

The Great Depression and the collapse of the primary exporting model.

Consequences of the world wars. Industrialization led by the State (I): ideas and institutions and (II): a forced industrialization as a result.

Latin American versions of the Welfare State: populism and reformism. The external debt crisis and the <<lost decade>>.

Inequality and poverty: dynamics and persistence. Reorientation towards the market through structural reforms. Crisis and convulsions during the second globalization.
National experiences of economic transformation during the early years of the 21st century.

Introduction to Asia and its main economies. Rice economy. The economy of pre-colonial India.

Impact of western colonization in Asia. Independent India.
China before the revolution. Communism in China. China's reform. The origins of modern Japan.

The Japanese economic miracle. Japan after the stock market crisis of 1980.

The model of the Asian tigers (South Korea, Taiwan, Hong Kong and Singapore). Introduction to the economies of Southeast Asia (Philippines, Indonesia, Malaysia, Thailand and Vietnam). Asia and the second globalization.

Fundamental rights in the Spanish Constitution of 1978. Identify the characteristics that define them. Interpretation of CT and legislative development. Influence of international treaties (in particular the European Convention on Human Rights), the European Union law and the jurisprudence of the European Court of Human Rights and the Court of Justice of the European Communities in the interpretation and implementation of fundamental rights.

Concept of contract and grounds for their compulsory. Requirements of the contract. Vices of consent and contract formation. Object and cause the contract. Form and documentation. Content and interpretation. 

Terms and contracts with consumers. The ineffectiveness of the contract. Specialties contracting business. Contracts for goods and transmission of intangible assets. Contracts collaboration and service provision.