Subject

Organizations

  • code 11701
  • course 2
  • term
  • type op
  • credits 3

Main language of instruction: English

Teaching staff

Head instructor

Introduction

The aim of the course is to use tools of Economic Theory and Business Management to analyze relevant aspects of organizations. In the first part we study because there are organizations in market economies, and present some tools to analyze the competitive position of companies and their organizational forms. In the second part of the course we will discuss the internal management of organizations and in particular the selection, evaluation and motivation of employees and motivation promoting cooperation within the company. In the third part of the course we will study some aspects related to corporate governance of the company. The approach is both theoretical time (by reading journal articles) and empirical (through the case method and analysis of a company to make a presentation).

Pre-course requirements

Microeconomics 1

Objectives

  1. Knowledge and solving real problems raised in case studies, which will be demonstrated in the midterm and the final exam.
  2. Reports and exercises collected in class.
  3. Writing a case study developed individually, in which the degree of development of some of the skills and abilities demonstrated previously raised.
  4. Oral presentation of some of the results included in the case study previously developed.

Competences / Learning outcomes of the degree programme

  • 13 - To be familiar with and understand the terms and processes of company management.
  • 19 - To analyse quantitative financial variables and take them into account when making decisions.
  • 24 - To be able to carry out a financial, social and historical analysis of the environment in which a company operates.
  • 25 - To understand the commercial function of a company and its objectives.
  • 27 - To be able to read and understand literature on economic and business issues.
  • 32 - To acquire problem solving skills based on quantitative and qualitative information.
  • 33 - To be able to search for, interpret and convey information.
  • 41 - To be able to descriptively summarise information.
  • 54 - To be able to express one’s ideas and formulate arguments in a logical and coherent way, both verbally and in writing.
  • 63 - To be able to analyse business related behaviour and decisions and evaluate them from an economic, social and ethical point of view.
  • 65 - To acquire the ability to put knowledge into practice.

Learning outcomes of the subject

  1. Knowledge and solving real problems raised in case studies, which will be demonstrated in the midterm and the final exam.
  2. Reports and exercises collected in class.
  3. Writing a case study developed individually, in which the degree of development of some of the skills and abilities demonstrated previously raised.
  4. Oral presentation of some of the results included in the case study previously developed.

Syllabus

Item 1: Introduction and theory of the firm
Item 2: Markets and strategy
Item 3: Assumptions behavior
Item 4: Specialization and exchange
Item 5: Organizational Theory
Item 6: Organizational Forms
Item 7: Compensation incentives and staff evaluation
Item 8: Corporate governance
Item 9: The company and its environment

Teaching and learning activities

In person

The student is expected to:
1. Attend all classes and participate actively.
2. Read the following chapters in the references and other required readings.
3. The estimated distribution of the tasks mentioned time is:

Classes: 30 hours.
Readings, preparing presentations, and personal study: 30 hours.
Examinations: 4 hours.

Evaluation systems and criteria

In person

The evaluation form will be:

Active participation in class and presentation (30%)
Individual work (30%)
Final exam (40%)

Bibliography and resources

Textbooks:

1. Morcillo Monchon F. (2006). The art of running a business. McGraw Hill.
2. Gibson, J .; Ivancevich, J .; Donelly, J .; Konopaske, R. (2009). Organizations. McGraw Hill.

Further reading:

1. Arruñada, Benito (2005). Business Contractual theory. Ed. Marcial Pons.

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