Degree in Economics

  • Students must have developed the learning skills needed to undertake further study with a high degree of autonomy.
  • Students must have acquired knowledge and understanding in a specific field of study, on the basis of general secondary education and at a level that includes mainly knowledge drawn from advanced textbooks, but also some cutting-edge knowledge in their field of study.
  • Students must be able to apply their knowledge to their work or vocation in a professional manner and have acquired the competences required for the preparation and defence of arguments and for problem solving in their field of study.
  • Students must have the ability to gather and interpret relevant data (usually in their field of study) to make judgements that take relevant social, scientific or ethical issues into consideration.
  • Students must be able to communicate information, ideas, problems and solutions to both expert and lay audiences.
  • Show critical thinking skills.
  • Show ethical commitment and social responsibility at work, respect the environment and human rights and promote equality between men and women and the culture of peace.
  • Be able to collect and analyse information.
  • Have oral and written communication skills in the native language.
  • Have decision-making skills and be able to apply knowledge to practice.
  • Be able to work in a team (including interdisciplinary teams).
  • Be able to learn autonomously.
  • Be able to use ICTs.
  • Be able to use English in a professional environment.
  • Apply the principles of economic analysis (rational decision) to the diagnosis and resolution of problems.
  • Understand and apply the scientific method, which involves formulating hypotheses, deducing verifiable results and contrasting them with empirical and experimental evidence.
  • Be able to prepare and defend an economic report.
  • Be able to design and manage economic projects.
  • Understand the keys to the functioning of market economy, the difference between normative and positive reasoning and between the concepts of equity and efficiency.
  • Understand the effects of different market structures on efficiency and equity and the influence of regulatory policies.
  • Know and understand the main market failures (public goods and externalities), their private and public solutions and their influence on the environment and natural resources.
  • Understand the effects of the existence of private information in relation to quality and productivity on the functioning and performance of markets and enterprises, as well as their possible private and public solutions.
  • Recognise strategic conflicts and know how to use basic strategic principles to obtain cooperation and coordination in incentive problems.
  • Understand the functioning of the economy at the aggregate level and the effect of different economic policies.
  • Know and understand the determinants of the long-term sustainable growth of an economy.
  • Understand the possible causes of economic cycles and the effects of stabilisation policies.
  • Have appropriate knowledge of the determinants of aggregate consumption, savings and investment.
  • Know and understand the nature of international trade and of the financial framework in which it takes place.
  • Know the Spanish, European and international economic environment, the productive sectors and the functioning of institutions.
  • Know and understand the different instrumental, sectorial and structural economic policies, as well as their formulation process.
  • Understand the actions and functions of the public sector in the economy and the detailed development of the different public income policies and public expenditure programmes.
  • Understand the mechanisms that explain the distribution of economic activity in space and regional and urban development processes.
  • Know the origin of the major economic problems, the mechanisms of long-term growth, how economic and non-economic factors have interacted throughout history and the evolution of the different approaches in modern economic thought.
  • Know and understand the functioning of labour markets and the determinants of unemployment and wages.
  • Know the causes of gender and race discrimination in labour markets and in economic and political organisations and the economic corrective measures.
  • Know the economic measures to reduce income inequality and poverty.
  • Know and understand the company, its functional organisation, its objectives and techniques. Understand the processes for the creation and development of the company and of innovation.
  • Know how to analyse and design the strategic decisions of the company and their consequences.
  • Know how to analyse and interpret the economic and financial information of companies.
  • Know the basic concepts of financial analysis and the operation of financial markets.
  • Know the basic elements of the legislation regulating economic operations.
  • Know and understand the basic quantitative tools for economic analysis, diagnosis and prospection, such as mathematics, statistics and econometrics.