ESCUELA DE INGENIEROS DE CAMINOS, CANALES Y PUERTOS. Curso académico 2015-16 Pág. 1 de 8 Global Economy and International Environment in Business Adistration 1. General overview UPM Code Credits Type Specialization Language 43000423 4,5 Optional Management and Financing Projects and Infrastructures English Name in Spanish Subject Department Web page Semester Economía Global y Entorno Internacional de la Empresa Option of Management and Financing Projects and Infrastructures Civil Engineering: Construction http://moodle.upm.es/titulaciones/oficiales Fourth semester NOTE. It can be taught in English, depending on the number of students and the availability of professors. 2. Teaching staff Name Evaluation jury Group Office hours Place E-mail address Antonio Sánchez Soliño Chair All Wed (17-20) Thur (17-20) Tower, 6ª antonio.sanchezso@upm.es Samuel Carpintero López Secr. All Thur (11-14) Fri (11-14) Tower, 6ª samuel.carpintero@upm.es Antonio López Corral Member All Mon (11-14) Tue (11-14) Tower, 6ª alopezcorral@telefonica.net Antonio Lara Galera Member All Mon (17-20) Tue (17-20) Tower, 6ª alargal@ciccp.es NOTE. The person on the first place is the course coordinator. 3. Previous knowledge Courses that must be taken in advance: Other learning requirements: 4. Assigned competences Code CGP1 CGP6 Competence Scientific, technical and methodological ability to the continuous use of previous knowledge and the practice of professional functions such as assessment, analysis, design, calculus, project, planning, direction, management, construction, maintenance, conservation and use of civil engineering fields. Knowledge to make use of technical and management capacities in activities of research, development and innovation inside the civil engineering area.
Pág. 2 de 8 ESCUELA DE INGENIEROS DE CAMINOS, CANALES Y PUERTOS. Curso académico 2015-16 Code CGP17 CE33 CT1 CT2 CT3 Competence Capacity to use business management techniques and labor law Capacity of technical application of the knowledge in activities of research, development and innovation inside the civil engineering area Ability to prepare and present oral, written and graphical documents with order and clarity. Developing of the fourth cross curricular competency of the Royal Decree. Capacity to become autonomous and multi-skilled. Developing of the fifth cross curricular competency of the Royal Decree. Capacity to communicate, speaking and writing, in English. Developing of the first crosscurricular competency of de Royal Decree 5. Student Outcomes Code SO1 Learning results The student knows the theoretical and methodological fundamentals and the techniques to analyse the international economy, as well as others such as financing, planning or using techniques and business management related to infrastructures and civil engineering services in an international context. Competences linked CGP1, CGP6, CGP17, CE33, CT1 CT2, CT3 6. Achievement indicators Code Basic Indicators of achievement SO linked Yes The student makes a correct use of the methodological tools for the analysis of the international economy to the processes of financing and management of the infrastructures, equipment and services in other countries. NOTE. Basic: Indicator that must be achieved to pass the subject. SO1 7. Evaluation methods and criteria Code, name of evaluation methods, brief description of evaluation methods, criteria, place and period of evaluation Weight 7.1. Evaluation through continuous assessment EM1. Attendance and exercises 70% Description: Attendance and participation during the lessons and resolution of the exercises or case studies, which will be done during the lesson or out of it. In some occasions, students would have to do an oral exposition of their solution to the exercises or case studies. Evaluation criteria: Each exercise or case-study will be marked from 0 to 10. The score will be the average between all the exercises done during the course. It is required to have assisted to the 80% of the lessons. Place and period: The exercises or case studies can be proposed, without any previous notice, during a lesson. In this case, it will be solved at class. It can also be proposed in order to do it at home, having a specified period to solve it. EM2. Final exam 30% Description: The final exam will consist of a single exam, with a duration of 2 hours. It will consist of theoretical or applied questions. Evaluation criteria: The final exam will be ranked from 0 to 10. The score will be the weighted average between all the questions. Place and period: To be detered by the Head of Studies
ESCUELA DE INGENIEROS DE CAMINOS, CANALES Y PUERTOS. Curso académico 2015-16 Pág. 3 de 8 Code, name of evaluation methods, brief description of evaluation methods, criteria, place and period of evaluation Weight Result of the evaluation through continuous assessment The final score will be the weighted average of the results according to the indicated weights. The subject will be passed if the final score is equal or greater than 5. Those students with a score less than 5 will not pass the subject and will have another opportunity in the second period exaation (extraordinary). This exam will have the through final exam evaluation structure. 7.2. Evaluation through final exam only Description: The exam will be the same final exam done by the students under the evaluation through continuous assessment Evaluation criteria: The exam will be ranked from 0 to 10. The score will be the weighted average of the marks obtained in each exercise. Place and period: To be detered by the Head of Studies. Result of the evaluation through final exam only The final score will be the one obtained in the final exam. The subject will be passed if the final score is equal or greater than 5. 8. Course content Units, sections and descriptors Unit 1. International economy: institutions and markets 1.1. Introduction to the international economy 1.2. Consequences of the external opening of the economy 1.3. International economic organizations. 1.4. Economic blocs Unit 2. The foreign sector of economy 2.1. Introduction to the national account system 2.2. Balance of payment and competitiveness 2.3. Economic policy and the position with respect to the rest of the world 2.4. Industrial and trade policy Unit 3. Globalization of the economy 3.1. Globalization and liberalization 3.2. The role of the regulation of markets 3.3. Emerging countries and the rise of Asia 3.4. The role of multinational enterprises Unit 4. Institutions and functioning of the European Union 4.1. European integration process 4.2. Main institutions of the European Union 4.3. Policies of the European Union 4.4. Single currency: implications for economic policy 4.5. Trans-European transport, energy and telecommunications networks Unit 5. Country risk analysis. Case studies 5.1. Major social and macroeconomic variables in the study of the countries 5.2. Factors influencing country risk 5.3. Institutions and regulatory framework 5.4. Rates to measure country risks 5.5. Case study: country 1 5.6. Case study: country 2 Achievement indicators linked
Pág. 4 de 8 ESCUELA DE INGENIEROS DE CAMINOS, CANALES Y PUERTOS. Curso académico 2015-16 Units, sections and descriptors Unit 6. Management of international projects of infrastructures and services 6.1. Specific regulatory framework of the infrastructures and services 6.2. Turnkey contracts and concessions 6.3. International bidding processes 6.4. International project funding 6.5. Specific risk in emerging countries 6.5. Case study: project 1 6.6. Case study: project 2 Unit 7. The external activity of the Spanish construction and engineering companies. Case studies. 7.1. Internationalization and diversification of activities in the civil engineering area 7.2. Strategies adopted in the business development of the civil engineering area in Spain 7.3. Case study: Company 1 7.4. Case study: Company 2 Achievement indicators linked 9. Description of teaching methodology Theory lessons: The teacher will explain the concepts necessary to understand the contents of the course in order for the student to achieve the expected indicators. The teacher will use appropriate practical examples and logical reasoning to develop the scientific and technical abilities of the student. The participation of students will be encouraged by means of discussions on the topics taught. Practice lessons: Practice lessons will be aimed at the resolution of exercises and case-studies. Practice lessons are intended as a correlation between the content of theory lessons and engineering practice, in order for the student to achieve the ability to apply the acquired knowledge in the future career. The teacher will first solve some exercises and case-studies to show the students how to work on their own. In some occasions, the participation of students will be encouraged by doing oral expositions of their solution to the case studies. Laboratory classes: There will not be laboratory classes Independent work: The student shall study the contents explained in theory lessons and shall strive to solve the exercises and case-studies. Group work: There are not specific tasks for work groups Office hours: Office hours are intended as a complement for the students to ask questions on the content of the course. Details of office hours are shown at the beginning of this guide for each teacher. 10. Bibliography and resources Basic bibliography: Tamames, Ramón and G. Huerta, Begoña (2010): Estructura Económica Internacional. 21ª edición. Alianza editorial. Madrid. Complementary bibliography: It is recommended to have a look at the complementary bibliography mentioned in the basic bibliography.
ESCUELA DE INGENIEROS DE CAMINOS, CANALES Y PUERTOS. Curso académico 2015-16 Pág. 5 de 8 Web resources: Specific equipment: Library of the School
Pág. 6 de 8 ESCUELA DE INGENIEROS DE CAMINOS, CANALES Y PUERTOS. Curso académico 2015-16 Table 11. Time schedule Week (see Note 1) 1 2 3 4 5 6 7 8 9 Theory lessons Practice lessons Laboratory classes (see Note 1) Independent work Evaluation activities Other activities Unit 1 Study Unit 1 7 h 45 3 h 4 h 45 Unit 2 Study Units 1 and 2 7 h 45 3 h 4 h 45 Unit 2 Study Unit 2 7 h 45 3 h 4 h 45 Unit 3 Study Unit 3 7 h 45 3 h 4 h 45 Unit 3 Study Unit 3 7 h 45 3 h 4 h 45 Unit 4 Study Unit 4 7 h 45 3 h 4 h 45 Unit 4 Study Unit 4 7 h 15 3 h 4 h 45 Unit 5 Study Unit 5 7 h 45 3 h 4 h 45 Unit 5 Study and exercises Unit 5 7 h 45 3 h 4 h 45 Hours 10 11 Unit 6 Unit 6 Study Unit 6 7 h 45 2 h 1 h 4 h 45
ESCUELA DE INGENIEROS DE CAMINOS, CANALES Y PUERTOS. Curso académico 2015-16 Pág. 7 de 8 Week (see Note 1) 12 13 14 15 To the exam Theory lessons Unit 6 Unit 6 Practice lessons Laboratory classes (see Note 1) Independent work Evaluation activities Other activities Study and exercises Unit 6 7 h 45 3 h 4 h 45 Study and exercises Unit 6 7 h 45 3h 4 h 45 Unit 7 Unit 7 Study Unit 7 7 h 45 2 h 1 h 4 h 45 Unit 7 Study and exercises Unit 7 7 h 45 3h 4 h 45 Independent study and preparation of final exam Final exam 12 h 2 h Hours 25 h 17 h 78 h 30 2 h NOTE 1. Exact dates are shown in the academic calendar. Hours 14 h 121 h 30
Pág. 8 de 8 ESCUELA DE INGENIEROS DE CAMINOS, CANALES Y PUERTOS. Curso académico 2015-16