folleto de asignaturas en inglés

School of Economics and Business Administration International Relations OfficeEdificio de Bibliotecas [Entrada Este]Universidad de Navarra,31080 PamplonaTel. 948 425 625Fax 948 425 [email protected]://www.unav.es/econom

asignaturas inglesdefinitivo:libreto asignaturas 08/09/2010 17:26 Página 1

Classesavailable in English2010-2011


The University of Navarra is one of the leading universitiesin Europe. Based in Pamplona, Spain, and with four campusesthroughout the country, the University of Navarra pridesitself on academic integrity, international focus and the pro-fessional development of students. Each semester, thestudent body is well complemented by a high percentageof international students who come to Northern Spain totake advantage of a rewarding university experience withina beautiful campus setting and to partake in the globalsetting that makes the University of Navarra so unique.

The Faculty of Economics of the University of Navarra hasbeen the first institution, wich has offered bilingual economicand business education in Spain. Eight hundred undergraduatestudents of diverse backgrounds are given instruction fromprofessors from all over the world, and benefit from a largenetwork of exchange and partner programs with leadinginternational firms, business and institutions. Fostering anopen dialogue through research and intellectual rigor, theFaculty of Economics aims to share the interest and enthusiasmthat characterize the educational spirit of the School.

Based on this philosophy, our faculty offers a completerange of subjects in English. These are offered to ourstudents and also to other international students that cometo the University of Navarra for Exchange Programmes.

introduction


First [fall] semester offerings


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FIRST [FALL] SEMESTER OFFERINGS

The aim of this module is to understand and discern thefundamental economic problems from a microeconomicpoint of view. The course is designed to provide a soundbasis in the fundamentals of micro-economics and theirapplication to both theoretical and real world situations.Specifically, the module will provide a brief introduction tothe discipline of economics emphasizing the fundamentalconcepts of economic theory. It furtherly looks into howconsumers value their choice over time and also marketbehavior from the producer’s point of view in the varioustypes of market competitions. By the end of the modulethe students will be able to demonstrate a broad knowledgeof core areas of economics, how to reason logically andwork analytically to justify conclusions using economic argu-ments with appropriate rigor.

The aim of this course is to develop a solid understandingof percent and interest early and then to apply that foundationto other applications in business and personal finance.

Understanding the time evolution of economic variablesrequires a very good knowledge of infinitesimal calculus.In this course, we will study themes such as sequencesof real numbers (real line, notion of limit, etc.), series ofreal numbers (convergence criteria), limits and continuity,anti-derivative functions (definition of the integral, areas,etc.). Like in any other course of quantitative nature, appli-cations of theses concepts to solving and analyzing problemswill be undertaken along with the theoretical classes.

This course seeks to study what is common to all humanbeings, that is, their nature, from a philosophical perspective,from the viewpoint of common first principles (/archai/)and a shared final end (/telos/). Insofar as the philosophicalperspective should be open to inputs from other sciences,we shall pay special attention to contributions from ModernHappiness Studies and the relation between the Economyand the theory of Human Action.

PRINCIPLES OF MICROECONOMICS

6 ECTSProf. D. Anuj Joshua Mathew

FUNDAMENTALS OFFINANCE6 ECTS

Prof. Dña Carmen Aranda

CALCULUS I 6 ECTS

Prof. Dña Yuliya Lovaha

ANTHROPOLOGY(Annual)6 ECTS

Prof. D. Mario Silar

First Year


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The objective of the course is to introduce concepts fromstatistical inference and statistical models so as to be ableto further analyze practical problems from the fields of Eco-nomics and Management. The course will provide anoverview of data analysis methods, then we will presentthe fundamental aspects of probability theory. We will thenstudy discrete and continuous random variables. We willconclude with statistical inference methods related to theproblems of parameter estimation and hypothesis testing.

Macroeconomics gives the student a theoretical andempirical framework for the analysis of the macromagnitudesof the economy and their fluctuations (GDP, inflation, unem-ployment, interest rates...)Students will learn to understand the fiscal and monetarypolicies designed to attain the main macroeconomicobjectives: economic growth and price stability. The methodsand models taught in class will be explained in the contextof relevant historical and present-day examples.

The purpose of this course is to explain how differentfinancial markets work and to analyze investment decisions.In particular,we are going to see the next topic:1. Study the concept of risk on the financial markets (riskvs return).2. Create optimal investment portfolios as a function ofthe risk-return utility of the investors. Management of thoseportfolios over time.3. Learn some equilibrium models of finance: CAPM, APT,index models.4. Learn how options and futures work. Know how to designinvestmentstrategies using derivatives. Know how to use them tohedge portfolio risk.5. Learn how to use Excel as a tool for financial decisions.

PROBABILITY AND STATISTICS I6 ECTSProf. Dña. Christine Choirat

MACROECONOMICS:THEORY AND POLICY6 ECTSProf. Dña. Isabel Rodríguez

FINANCE6 ECTSProf. D. Szabolcs Blazsek

Second Year


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The main objective of the subject is to understand therecent development of contemporary economies. To doso, we will analyse the evolution of the world’s main eco-nomies and Spain’s one from the eighteenth century andthe Industrial Revolution. Special attention will be paid, ineach case, to the reasons for economic growth and therestraints. Throughout the course we will address mainlythe problem of uneven growth and the globalisation of theeconomy. A particular analysis of national cases will bemade illustrating successful or unsuccessful economicstrategies. This general approach will be complementedwith a study of the evolution of the forms of business orga-nisation and the development of managerial capitalism.

*Note: This course is taught in Spanish but the material of the course is

available in English and there is the possibility to make the exam in English.

This course offers an introduction to ethics, that is, thestudy of normative and reflective dimensions of humanagency, as well as philosophical theories on the foundingof morality. Focus is placed on acquisition of rigorous ethicalvocabulary and skills of ethical analysis and discussion.

Markets are characterized by the complexity of their envi-ronment,as well as by increasing competition. This coursefocuses on the different elements of marketing, the rela-tionship between different commercial actions, and theirimpact on firms. Emphasis will be made on the explanationof marketing, comprising both the strategic side and themarketing mix.

The course is focused on the study of international trade.First of all, we will pay attention to the evidence on coun-tries’behaviour regarding foreign trade that, joint with thestudy of several economic theories on this topic, will allowus to understand the pattern of trade between countries.The student will be able to understand the importance ofinternational trade in current economies as well as to geta solid knowledge of some theoretical models of international

HISTORY6 ECTS

Prof. D. Rafael Torres

MARKETING I4.5 Credits

Prof. D. Pedro Mir Bernal

APPLIED ECONOMICS I4.5 Credits

Prof. D. Javier Elizalde

Third Year

ETHICS(Annual)6 ECTS

Prof. Dña. Ana Marta González


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trade. The student will also be able to know some of themost controversial issues around this topic, starting fromthe classical discussion of free trade versus protectionism.One of the objectives of this course is to help the studentto reach a rigorous and well informed opinion about theseissues.

The main goals of this course are to provide the studentwith the fundamentals of portfolio selection and management,to describe the most important financial assets valuationmethods-with a special emphasis on CAPM-, to study themain features of fixed income products, and to provide anintroduction to derivatives (options, futures, warrants, etc).

In opinion of many economists and experts in politicalscience, the world is moving towards a global market eco-nomy. Market deregulation, the increase of foreign tradeand direct foreign investment, technological innovation andthe collapse of the socialist economy have led to whatsome call global capitalism. This course analyzes importantaspects, such as international trade, the internationalmonetary system and financial markets. It also covers con-troversial issues, such as the financial crisis and the roleof public policies.


available in English and there is the possibility to make the exam in English.

A comprehensive introduction and practice of communicationsin the business environment is given.Topics coveredinclude,audience analysis in communications; practicalapplication of business writing; preparation and presentationusing oral skills; introduction and preparation of businessstrategy cases. Business Communication subject aims toleverage student́ s communication skills in the entrepreneurialand professional world and provide them with informationand abilities to work in the corporate communication andbusiness communication environment.

*Note that this class is offered both semestres.

FINANCE I4.5 CreditsProf. D. Szabolcs Blazsek

ECONOMÍA MUNDIAL6 CreditsProf. D. Jose Luis Álvarez

Fourth Year

BUSINESS COMMUNICATION4.5 CreditsProf. D. Ricardo Leiva


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Through the extensive use of business cases this coursedevelops skills in Corporate Finance, specifically: cash-flowprojections, market risks, cost of capital ,effects ofleverage,valuations and decision making in finance. The participants are encouraged to thoroughly prepare thecase at home and discuss it in every session.

The main objectives of the course are:1) Understanding the concept of strategy and the formalprocess of designing a strategy. It includes the formalprocess of Designing a Strategy, Corporate Strategy,Business Strategy and Functional Strategy.2) The student must know the strategy from the point ofview of the war and how best commanders deployed theirstrategies on the most important battles of the world.3) Provide the student a practical overview of the businessworld by analyzing real cases.4) Developing the capacity of student team work, applyingstrategy knowledge to a team work.

Why do international financial markets react to centralbanks decisions? Is there any causal link between monetarypolicy and the present financial crisis? What is the role ofexpectations in monetary policy? Which objectives shouldthe Federal Reserve or the European Central Bank pursue?How can they reach them? Economía Aplicada III dealswith these questions, all of them key issues in understandingthe global and local economic environment. The coursefocuses specially on the connection between monetary policy and financial markets.


available in English and there is the possibility to make the exam in English

ECONOMÍA APLICADA III4.5 Credits

Prof. D. José Luis Álvarez

FINANCE III4.5 Credits

Prof. D. Antonio Aparicio

STRATEGICMANAGEMENT

4.5 CreditsProf. D. Ricardo Mateo


Second [spring] semester offerings


First Year

This course seeks to study what is common to all humanbeings, that is, their nature, from a philosophical perspective,from the viewpoint of common first principles (/archai/)and a shared final end (/telos/). Insofar as the philosophicalperspective should be open to inputs from other sciences,we shall pay special attention to contributions from ModernHappiness Studies and the relation between the Economyand the theory of Human Action.

The overall purpose of this course is to introduce studentsto the basic concepts concerned with the firm, its functio-nalareas and major decisions. Once completed this course,the student should have acquired knowledge about howa company is directed and managed. For this purpose, itis intended to make an introductory review of standardmanagement functions while highlighting important issuessuch as the nature of the firm, its environment, and relatedtools for decision-making.

The objective of the course is to introduce the basic conceptsand tools used in macroeconomic analysis. In this coursethe student will learn how to use and compare differenteconomic models to analyse and understand current eco-nomic issues. The course studies the functioning of theaggregate economy both in the long run and in the shortrun, and covers many of the issues that dominate the the-oretical and political debate: unemployment, inflation,growth, etc.

Global Economic Environment introduces the student tothe main ideas, events and forces that shape the institutional,political and social framework of the world economy. It alsopays special attention to the role of the European economyin the global area.The course is taught from a multidisciplinaryperspective that combines economic issues and questionsarising from other social sciences. The course aims atproviding students with critical thinking skills that shouldbe applied to the understanding of globalization and its

PRINCIPLES OF BUSINESSADMINISTRATION

6 ECTSProf. D. Hugo Zarco

PRINCIPLES OF MACROECONOMICS

6 ECTSProf. D. Mirko Abbritti

GLOBAL POLITICAL ECONOMY

6 ECTSProf. D. Luis Ravina


Second Year

ANTHROPOLOGY(Annual)6 ECTS


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multifaceted nature, including the present financial crisis.

This course offers an introduction to ethics, that is, thestudy of normative and reflective dimensions of humanagency, as well as philosophical theories on the foundingof morality. Focus is placed on acquisition of rigorous ethicalvocabulary and skills of ethical analysis and discussion.

The course provides the student with an overview of Inter-mediate Microeconomic Theory. First, it analyzes the deter-mination and welfare properties of equilibrium under perfectcompetition. Then, imperfect competition is analyzed, spe-cifically Monopoly and Oligopoly Theory, with an introductionto Game Theory. Finally, a number of topics are studied,including General Equilibrium, Asymmetric Information,Uncertainty, Public Goods, and Externalities.

This second part of the econometrics course is designedto make students capable of analyzing the evolution of atime series and predicting its future behaviour. They willlearn to identify which time process generates each series,to estimate the parameters and to judge the validity of themodel. Emphasis will be placed on the practical applicationof time series techniques for the analysis and predictionof real economic variables. The issue of nonstationarity willalso be analysed in the course.

The students have to be able to analyze the behaviour oftime series, following Box-Jenkins methodology. They mustexamine the statistical properties of different time seriesmodel. Estimation and hypothesis testing become the coreof the course, along with the study of nonstationarity andseveral forecasting techniques.

ECONOMETRICS II4.5 CreditsProf. D. Luis Albériko Gil-Alaña

MICROECONOMICS: THEORY AND POLICY6 ECTSProf. D. Pedro Mendi

Third Year

ETHICS(Annual)6 ECTSProf. Dña. Ana Marta González

QUANTITATIVE TECHNI-QUES OF MANAGEMENT II4.5 CreditsProf. D. Luis Albériko Gil-Alaña


PUBLIC ECONOMICS II4.5 Credits

Prof. D. Francesc Pujol

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SECOND [SPRING] SEMESTER OFFERINGS

FINANCE II4.5 Credits

Prof. D. Szabolcs Blazsek

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 reasoningbehind monetary unions? What is a balance of paymentscrisis? What are the advantages of adopting a fixed exchangerate? Do speculative bubbles exist in the exchange markets?Applied Economics II- International Monetary Economics,addresses these types of questions and more. The classis intended to familiarize the student with the structure andfunctions of the foreign exchange market. Additionallystudents will analyze the dynamic behaviour of exchangerates and both their real and nominal macroeconomic effects.

This course aims to further students’ understanding of cor-porate finance learnt in previous finance courses. It alsoprovides the opportunity to develop analytical skills workingwith real world business situations. Topics covered includethe analysis of sources and cost of internal and externalfunding, capital structure, including the studying of theModigliani-Millar propositions, dividend policy, financialanalysis, operational finance and capital budgeting.

The course objectives of this subject are the study of mainsources of public income, the analysis of the effects oftaxes on economic behaviour and the study of the economicimpact of main taxes. Some of the theoretical abilities youwill deliver with this subject are the assimilation of Micro-economics relevant concepts, an ability to relate concepts,develop tools of critical analysis, acquire a precision andrigor in reasoning, and an ability to relate between theoreticalconcepts and practice as well as a synthesis ability. Youwill also be able to assimilate technical concepts, developpublic speaking.abilities, elaborate supports for presentations(power point), improve your team working abilities, identifyinformation sources and develop self-assesment abilityand peer assessment.

APPLIED ECONOMICS II

4.5 CreditsProf. D. Antonio Moreno


This is an intermediate Macroeconomics course whichdeals with important aspects of business cycles andeconomic growth from both theoretical and empirical pers-pectives. Business cycle topics studied are: Open economymacroeconomics, consumption and investment theories,government debt and fiscal policy, monetary policy andstabilization and the most recent theories of businesscycles: real business cycles and New-Keynesian perspective. We also study growth models such as the Solow modeland endogenous growth frameworks.

Based on a global view of marketing, students will berequired to study in further depth those marketing elementsthat are most important at the present time. The subjectson which the course is based include consumer behaviour,service marketing and marketing research.

The main goal of this course is to analyze how Economic-Theory can be used to understand crucial aspects of orga-nizations. In order to analyze the main features of organizationswe will use, at the theoretical level, techniques developedin Game Theory and at the empirical level we will use expe-rimental methods. We will first present the existing theries of the firm before analyzing in a second part the boun-daries of organizations. In the third part of this course wewill use principal-agent models in order to derive a theoryof incentives setting in firms. We will then draw on the pre-vious models to analyze issues of cooperation in organizations.The approach is both empirical and theoretical. This coursewill make extensive use of microeconomic theory as wellas experimental economics. Thus, prior knowledge of Micreconomics is required.

ORGANIZATION THEORY4.5 CreditsProf. D. Brice Corgnet

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MACROECONOMICS II6 CreditsProf. D. Antonio Moreno

MARKETING II4.5 CreditsProf. D. Luis ArturoRábade


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It is widely accepted that the strategic management ofhuman resources is the best source of competitive advantagefor firms in order to survive and prosper in their respectiveenvironments. The purpose of this course is to study humanbehaviour in organizations and the meaning of the strategicmanagement of human resources. Special attention isgiven to topics such as leadership, motivation, negotiationand conflict, compensation, selection, placement and deve-lopment and performance management. As specific topicsthe course approaches crisis, risk and disaster management;and time management.

Business ethics almost always hits the headlines in thewake of scandals, but hardly ever when entrepreneurs andmanagers do good deeds. These are often met with a scep-ticism difficult to erradicate for, given the profit motive,such stories are just “too good to be true”. Why so? Aftera short introduction to the origins and development ofbusiness ethics, this course will present a more constructiveapproach based on the notion of “moral capital” or virtue.We shall also explain how the firm, through the properethical perspective, could actually be a potent force towardattaining the common good of society.

Through the study of theory and cases, students understandthe central significance of policy and strategy to top managersand their organization. They also learn the limits of specializedknowledge for strategic problems. Students will understandbetter the uniqueness in settings and operations of differentindustries and individual companies, and they will also learnhow corporate governance can help all these matters andhow it determines the shape of a company. Finally theywill see different kinds of leadership in companies.

BUSINESS POLICY4.5 Credits

Prof. D. Álvaro Bañón

SECOND [SPRING] SEMESTER OFFERINGS

BUSINESS ETHICS3.5 Credits

Prof. D. Alejo Sisón

Fourth Year

HUMAN RESOURCES4.5 Credits



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This course provides students with an understanding ofthe most relevant issues of social and economic developmentof developing countries as well as of international developmentcooperation. Students are expected to become familiaralso with the main national and multilateral agencies financingdevelopment projects, such as the European Commissionand the World Bank. They will be acquainted with thecomplex decision-making and project-management procedurescommonly utilized in these agencies, public institutions,consultancy firms and non governmental organisations toundertake policies, initiatives and projects for growth anddevelopment. The overall aim of this course is to enablestudents to perform practical analyses and critical reasoningas well as to apply analytical and management tools requiredfor working and researching in the development field.

Practical study of the most important financial markets,equities, fixed income and forex: their operation, participants,products and most important variables that affect theirvalue. There will be discussion of related articles of businessnewspapers The content will be oriented towards practicalissues.

In Sport and Economics we will provide an economic analysisof professional sports, as well as the economic lessonswe can obtain from analyzing the organization and behaviourof sport competitions. Even if the focus of this subject ismainly economic, we will also consider some businessrelated issues, like sponsorship and branding. We will con-centrate our analysis in leading sports competitions andsport events mainly from an European perspective.

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DEVELOPMENTECONOMICS4.5 CreditsProf. D. Hugo Ruiz Taboada

SPORT AND ECONOMICS3 CreditsProf. D. Francesc Pujol

FINANCIAL MARKETS PRACTICAL QUESTIONS4.5 CreditsProf. D. Antonio Aparicio


Other classesof possibleinterest


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OTHER CLASSES OF POSSIBLE INTEREST

SCHOOL OF COMMUNICATION

COMUNICACIÓN AUDIOVISUALFIRST SEMESTER

International Television 5 Credits

International Advertising 5 Credits

SECOND SEMESTER

Broadcasting Management 4,5 Credits

PERIODISMOFIRST SEMESTER



SECOND SEMESTER

Public Opinion II4,5 Credits


PUBLICIDADFIRST SEMESTER



SECOND SEMESTER


SCHOOL OF LAW

FIRST SEMESTER

Introduction to Anglo-American Law and Case Analysis 3 ECTS

U.S. Contract Law 3 ECTS

U.S. Tort Law 3 ECTS

Introduction to Accounting for lawyers 3 ECTS

Introduction to International Commercial Law 3 ECTS

SECOND SEMESTER

U.S. Constitutional Law 3 ECTS

U.S. Criminal Law 3 ECTS

U.S. Litigation and Dispute Resolution 3 ECTS

U.S. Business and Corporate Law 3 ECTS

U.S. Tax Law 3 ECTS

Introduction to Finance for lawyers 3 ECTS


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OTHER CLASSES OF POSSIBLE INTEREST

Introduction to Transport and Payment Law 3 ECTS

International Corporate Law and Securities Regulation 9 credits

(ANNUAL)

Legal Aspects of International Finance 9 credits (ANNUAL)

SCHOOL OF HUMANITIES AND

SOCIAL SCIENCES

FIRST SEMESTER

History and memory 6 ECTS

Language and communication 6 ECTS

Word Literature 6 ECTS

English Language III 6 ECTS

Seminario de LIteratura Universal 4,5 ECTS

SECOND SEMESTER

English Language 6 ECTS

Imges and Culture 6 ECTS

British and American Literature 6 ECTS

Sociology 6 ECTS

History and culture of the Engllish Speaking World 6 ECTS

Teoría y práctica de la Traducción 4,5 credits

Seminario de Estudios Anglonorteamericanos 4,5 credits


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folleto de asignaturas en inglés

Documents

libreto asignaturas

university of navarra

school of economics

thefaculty of economics

international focus

modulethe students

real world situations

economic arguments