SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION

Classes available in English2015-2016

SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION

Classes available in English2015-2016

The University of Navarra is one of the leading uni-versities in Europe. Based in Pamplona, Spain, and with four campuses throughout the country, the Uni-versity of Navarra prides itself on academic integrity, international focus and the professional development of students. Each semester, the student body is well complemented by a high percentage of inter-national students who come to Northern Spain to take advantage of a rewarding university experience within a beautiful campus setting and to partake in the global setting that makes the University of Navarra so unique.

The Faculty of Economics of the University of Nav-arra has been the first institution, which has offered bilingual economic and business education in Spain. 900 undergraduate students of diverse backgrounds are given instruction from professors from all over the world, and benefit from a large network of exchange and partner programs with leading international firms, business and institutions. Fostering an open dialogue through research and intellectual rigor, the Faculty of Economics aims to share the interest and enthusiasm that characterize the educational spirit of the School.

Based on this philosophy, our faculty offers a com-plete range of courses in English. These are offered to our students and also to other international stu-dents that come to the University of Navarra for Exchange Programmes.

Introduction

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Management and Marketing

- Marketing I 6 ECTS- Business Communication I 6 ECTS- Sports and Brands** 3 ECTS- E-Commerce 6 ECTS- Strategic Management 6 ECTS- Entrepreneurship 3 ECTS- Quality Management 6 ECTS- Project Management 6 ECTS

Accounting and Finance

- Fundamentals of Finance* 6 ECTS - Financial Accounting I* 6 ECTS - Investments in Financial Markets 6 ECTS- Methods in Valuating Firms 6 ECTS

Economics

- Principles of Microeconomics* 6 ECTS - Calculus I* 6 ECTS- Probability and Statistics I 6 ECTS- Econometrics I 6 ECTS- International Trade 6 ECTS - Macroeconomics: Theory and Policy 6 ECTS

Other disciplines

- Introduction to Law* 6 ECTS- Sociology in the 21st Century** 4,5 ECTS- Business Ethics 3 ECTS

COURSES LECTURED IN ENGLISH 2015-2016

FALL SEMESTER

* This course is not opened to exchange students ** Limited spaces

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Management and Marketing

- Principles of Business Administration* 6 ECTS - Operations Management 6 ECTS - Human Resources 6 ECTS- Business Policy 6 ECTS- Business Case Analysis 3 ECTS- Doing Business in Africa 3 ECTS- Marketing II 6 ECTS- Negotiation 3 ECTS- Marketing Management 3 ECTS- Country and City Branding 3 ECTS

Accounting and Finance

- Financial Accounting II* 6 ECTS- International Financial Reporting Standards (IFRS) 6 ECTS- Financial Derivatives 6 ECTS- International Finance 6 ECTS- Money, Banking and Financial Markets 6 ECTS

Economics

- Principles of Macroeconomics* 6 ECTS - Microeconomics: Theory and Policy 6 ECTS- Global Political Economy 6 ECTS- Algebra* 6 ECTS - Calculus II* 6 ECTS - Probability and Statistics II 6 ECTS- Time Series 6 ECTS- Decision Making Theory 6 ECTS

Other disciplines

- Key Issues in the Contemporary World II:History of Contemporary Thought and International Relations* 3 ECTS

- Comparative Politics** 4,5 ECTS- European Institutions** 3 ECTS- International Organizations** 3 ECTS- Business Ethics** 3 ECTS- Demography** 3 ECTS

COURSES LECTURED IN ENGLISH 2015-2016

SPRING SEMESTER

* This course is not opened to exchange students ** Limited spaces

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FALL SEMESTER

- Classic Characters in English and American literature 3 ECTS- Classic World 6 ECTS- Images and Culture 6 ECTS- Introduction to Philosophy 6 ECTS- World Literature 6 ECTS

SPRING SEMESTER

- British and American Literature 6 ECTS- History and Culture of the English Speaking World 6 ECTS- Introduction to logic 6 ECTS- Language and Communication 6 ECTS- Sociology 6 ECTS

ANNUAL

- Anthropology 6 ECTS- Ethics 6 ECTS- English Language 6 ECTS- Information and Communication Technologies 6 ECTS

SCHOOL OF HUMANITIES

COURSES AVAILABLE IN ENGLISH OUTSIDE THE SCHOOL OF ECONOMICS AND BUSINESS

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FALL SEMESTER

- Modern Happiness Studies 3 ECTS

SPRING SEMESTER

- Arts and Esthetic Education 3 ECTS- Bilingual Education and CLIL (Content and Language Integrated Learning) 3 ECTS- Multicultural Education 6 ECTS- Teaching Reading and Writing 3 ECTS

FALL SEMESTER

- Communication History 6 ECTS- Contemporary History 3 ECTS- Contemporary Political System 6 ECTS- Film and TV Marketing 3 ECTS- International Relations 3 ECTS- Introduction to Advertising and Public Relations 6 ECTS- Literature 6 ECTS- Media, Culture and Identity 3 ECTS- Multimedia Communication 6 ECTS- Sociology 6 ECTS

SPRING SEMESTER

- Communication Strategy in Politics 3 ECTS- Economics 6 ECTS- Global Communication 3 ECTS- History of Cinema 6 ECTS- Introduction to Marketing 3 ECTS- Introduction to Screenwriting 6 ECTS- Media Convergence 3 ECTS- Media Economics 6 ECTS- News Design 3 ECTS- Strategies in Fashion Communication 3 ECTS- Visual Culture 6 ECTS

SCHOOL OF EDUCATION

SCHOOL OF COMMUNICATION

COURSES AVAILABLE IN ENGLISH OUTSIDE THE SCHOOL OF ECONOMICS AND BUSINESS

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FALL SEMESTER

- Introduction to Anglo-American Law and Case Analysis** 3 ECTS- Introduction to Accounting for Lawyers** 3 ECTS- Introduction to International Commercial Law** 3 ECTS- U.S. Criminal Law** 3 ECTS- International Corporate Law** 3 ECTS- U.S. Tort Law** 3 ECTS- U.S. Tax Law** 3 ECTS- Legal Aspects of International Finance I** 3 ECTS

SPRING SEMESTER

- U.S. Constitutional Law** 3 ECTS- Introduction to Finance for Lawyers** 3 ECTS- Introduction to Transport and Payment Law** 3 ECTS- U.S. Contract Law** 3 ECTS- U.S. Litigation and Dispute Resolution** 3 ECTS- International Securities Regulation** 3 ECTS- U.S. Business and Corporate Law** 3 ECTS- Legal Aspects of International Finance II** 3 ECTS

Seminars

- International Investment Arbitration*- Arbitration and Mediation*

OTHER COURSES AVAILABLE IN ENGLISH

SCHOOL OF LAW

* contact us via email in case you are interested in any of these courses** intensive courses taught by visiting professors

First [Fall] SemesterOffering

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FIRST [FALL] SEMESTER OFFERING

Marketing I is focused on understanding external, eco-nomic and company factors that build the Marketing strategies of the company. Students will be able to identify and design the best marketing strategy in different mar-kets and environments, understand how brand manage-ment works, learn how new tools such as digital media are giving new solutions to companies to market their products and services. They will be able to build the best consumer approach with the most efficient brand strategy, taking the consumer target into account. The subject will cover topics such as how to identify and empower the strengths of the company and how to protect it from threats of the market. Another key learning objective of the subject is to analyze the consumer’s behavior, each type and how to address them by building a successful impact and a long term loyalty level with them.

Business Communication aims to leverage student’s com-munication skills in the entrepreneurial and professional world and provide them with information and abilities to work in the corporate communication and business communication environment.

In Sports and Brands we will provide a business and economic analysis of professional sports, as well as the economic lessons we can obtain from analyzing the organization and behavior of sports competitions. The focus of this subject is mainly oriented to business related issues, like sponsorship and branding. We will focus our analysis in leading sport competitions and sports events mainly from a European perspective.

MARKETING I6 ECTS

BUSINESSCOMMUNICATION

6 ECTS

SPORTS AND BRANDS

3 ECTS

Management and Marketing

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The internet and the digital revolution have drastically changed every aspect of modern society. Of course, one of the most drastic areas that have been affected is how the new tech-savvy consumer purchases goods and services. This class will examine what exactly has changed in the relationship between seller and buyer, and how this new technology enabled relationship has allowed for the creation of some of the world’s most successful companies.

The aim of this course is to allow students to understand the concept and formal process of designing a strategy, which includes Corporate Strategy, Business Strategy and Functional Strategy. The student must know the strat-egy from a war perspective and how best commanders deployed their strategies in the most important battles of the world. This course will provide the student with a practical overview of the business world by analyzing real cases. The student will be able to develop their capabil-ity of student teamwork, applying strategy knowledge to teamwork.

The aims of the course are the following: to develop a business plan, to know real initiatives for entrepreneur-ship and to learn theoretical aspects of Entrepreneurship. The entrepreneurial process involves finding, evaluating, and developing an opportunity by overcoming the strong forces that resist the creation of something new. The aim of the subject is to educate on entrepreneurship by covering theory and practice, helping students develop the skills and competences to be able to identify oppor-tunities in the market, how to assess potential business ideas and how to implement them with market tools and develop organizational and personal capability.

E-COMMERCE6 ECTS

STRATEGICMANAGEMENT6 ECTS

ENTREPRENEURSHIP3 ECTS

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FIRST [FALL] SEMESTER OFFERING

QUALITY MANAGEMENT

6 ECTS

PROJECT MANAGEMENT

6 ECTS

Quality Management is a recent phenomenon that is becoming more and more important in business. Its specific definition does not aim to assure ‘good quality’ by the more general definition, but rather to ensure that an organization or product is consistent. Quality Manage-ment is focused not only on product/service quality, but also on the means to achieve it. In this course, subjects like ISO certificates and EFAQM models will be devel-oped. We will also make special emphasis on practical applications of quality tools

When the Steering Committee of a company decides to move from one situation to another in any area company management (Engineering, Production, Information Systems, Finance, etc.), it is necessary to carry out a project. Projects generate significant investment for the company and involve several departments, customers and suppliers, which implies the need to comply with requirements, deadlines and costs. Failure to make a success of the projects produced significant losses, such as the main economic prestige or image of the staff and the company involved. All companies elaborate different projects each year with profound impact on their opera-tions. The heads of various departments and areas that make up the company must be trained and prepared to be able to manage them. The aim of the course is to provide students with knowledge and tools for the proper design, monitoring, closure and evaluation of projects. Such knowledge includes technical and management aspects.

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This course aims to provide first year students with a sound introduction to the use of Mathematics in Busi-ness and personal finance applications. After attending this course, the student should be able to set out and solve problems and real cases involving concepts of simple interest, compound interest and annuities and also to know the financial vocabulary both in English and in Spanish. Taking this course will help students acquire the following competences and skills: Improve logical reasoning, improve analytical and synthesis skills; Improve independent learning skills; Improve work-time organization and improve teamwork abilities. Emphasized learning outcomes from the study of this module are: To be able to solve problems with the concepts of simple and compound interest and annuities as well as to apply these concepts to real life situations such as home loans, bonds and capital budgeting decisions.

This course provides an introduction to financial account-ing, which will enable the students to produce, under-stand and analyze basic financial statements. The course focuses initially on how to recognize, to record and to value economic events, and how to prepare the primary financial statements that summarize a firm’s economic transactions (basically, the balance sheet, and the income statement).

Finance

FUNDAMENTALS OF FINANCE*6 ECTS

FINANCIAL ACCOUNTING I*6 ECTS

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FIRST [FALL] SEMESTER OFFERING

INVESTMENTS IN FINANCIAL

MARKETS6 ECTS

METHODS IN VALUATING FIRMS

6 ECTS

In studying this subject, students develop a basic and wide knowledge of the principal financial markets and financial assets used for investing. This means learning the differences between real and financial assets, different types of financial assets, where to find the markets for these assets, and learning the role of financial assets in distributing wealth and risk between the different mar-ket participants. The subject also aims to develop basic technical skills for evaluating and trading the principal financial assets studied during the course. These skills include (1) Learning basic measures of financial risk and how to interpret them; (2) Learning how to construct a portfolio of financial assets, measure its performance, and report it to investors; and (3) Learning basic strate-gies for trading of financial assets.

The main goal of this course is to know and practice with the main techniques to valuate corporations. Each week the student will receive a finance case, mainly Harvard, and a few questions about the case that they have to answer in writing and deliver before the case discussion. The cases will cover common Corporate Finance issues like: dividend policy, leverage, right issues, cash-flow projections, evolution of EPS, PER, operational risk, unleveraged and leveraged beta and cost of capital.

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PRINCIPLES OF MICROECONOMICS*6 ECTS

PROBABILITY AND STATISTICS I6 ECTS

CALCULUS I*6 ECTS

Principles of Microeconomics is your first contact with economic theory. Therefore, it forms the basis on which your future studies of Microeconomics, and to a lesser extent of Macroeconomics will be built. In this course you will understand how economists perceive and study the reality that surrounds them. In particular, you will study the decisions made by individuals and the interac-tion of individuals and firms in markets in a rigorous and mathematical way.

The goal of this subject is to provide the foundations of single-variable differential Calculus. Students also learn integrals, apply concepts and methodologies to Eco-nomics and Business examples, and use software to solve exercises. The emphasis is on problem-solving and understanding concepts and applications rather than on studying theorems.

The purpose of the course is to provide the basic tools of Probability and Statistics, which will prove to be useful in Economics and Management. We will introduce the most common methods used in Descriptive Statistics, then present the fundamental tools of Probability and lastly introduce Statistical Inference and Test Theory. The course will be illustrated by applications mostly using the free statistical software R.

Economics

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FIRST [FALL] SEMESTER OFFERING

This course is an introduction to the basic multiple regres-sion techniques used in economics (eg. Ordinary Least Squares). It will emphasize parameter estimation and hypothesis testing in economic/business applications. In the course we will make use of both statistics and basic linear algebra.

The course is focused on the study of International Trade and its importance in the current economies. First of all, we will pay attention to the evidence on countries’ behavior regarding foreign trade that, with the study of several economic theories on this topic, will allow us to understand the pattern of trade between countries. The student will be able to understand the importance of International Trade in current economies, as well as to get a solid knowledge of some theoretical models of International Trade. The student will also be able to learn about some of the most controversial issues around international trade, starting from the classical discussion of free trade versus protectionism. One of the objectives of this course is to help the student to reach a rigorous and well informed opinion about these issues.

This course provides the essential theoretical and empiri-cal frameworks for the analysis of aggregate phenomena and of economic fluctuations (e.g.: GDP, inflation, unem-ployment, interest rates, etc.). Students will learn how fiscal and monetary policies are designed and applied for attaining the main macroeconomic objectives of economic growth and price stability. Relevant historical and present-day examples will be used to get the key intuition behind macroeconomic methods and models.

INTERNATIONAL TRADE6 ECTS

MACROECONOMICS: THEORY AND POLICY

6 ECTS

ECONOMETRICS I6 ECTS

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INTRODUCTION TO LAW6 ECTS

SOCIOLOGY IN THE 21ST CENTURY**3 ECTS

Upon completion of this course a student will have devel-oped the following skills: Improvement in their ability to express themselves, both orally and in writing, in English, come to better understand the Common Law methodology in U.S. case law analysis, how to “Brief” a case, and perform competent U.S. case law analysis and application. The student will also develop the ability to: Open their minds to the process of “Active Listening”; i.e. to be able to “Listen”, “Think” and “Respond” during class discussion, overcome their reluctance to participate orally in class discussion, appreciate the benefits of shar-ing their individual thoughts and insights to enhance the richness of the classroom experience, prepare for class discussions in advance by reading course materials in advance, participate actively in class, by responding to questions posed by the professor, and posing questions themselves.

What is Sociology? Why is it important to study it today in a world which is so incredibly globalized via economies, politics, communication, health etc? It is precisely for this reason that we need to have a basic understanding of how we are interconnected with each other. Underlying all events are stories and actions which have shaped those events. We will learn to use our Sociological Imagina-tion to understand the cultural and historical facts which have made powerful interrelated changes on the global economy, health, development, environment, education and more etc. Students will see how Sociology offers them a powerful set of tools to observe how people and things interact.

Other disciplines

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FIRST [FALL] SEMESTER OFFERING

Business Ethics almost always hits the headlines in the wake of scandals, but hardly ever when entrepreneurs and managers do good deeds. These are often met with a skepticism difficult to eradicate, given the profit motive; such stories are just “too good to be true”. Why so? After a short introduction to the origins and development of Business Ethics, this course will present a more construc-tive approach based on the notion of “moral capital” or virtue. We shall also explain how the firm, through the proper ethical perspective, could actually be a potent force toward attaining the common good of society

BUSINESS ETHICS6 ECTS

Second [Spring] SemesterOffering

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SECOND [SPRING] SEMESTER OFFERING

PRINCIPLES OF BUSINESS ADMINISTRATION*

6 ECTS

The overall objective of this subject is to provide students with the basic concepts concerning firms, as well as iden-tifying its functional areas and major decisions. Once this course is completed, the student should have acquired knowledge about how a company is directed and managed. For this purpose, it is intended to make an introductory review of the management functions while highlighting important issues such as the nature of the firm, its environ-ment, and associated tools for decision making.

Operations Management is a subject in which the Opera-tions System of the company is analyzed. The Operations System includes all the activities and decisions related to the design and production of products and services in a company. In the case of production companies, the Operations Systems concerns decisions especially related to the flow of materials. The Operations System is a key area to ensure the competitiveness of a company, so their understanding is very important for comprehensive understanding of the company.

This course aims to describe and explain the most recent trends concerning Human Resource Management. More precisely, the course’s objectives are to learn the key concepts and functions of Human Resource Manage-ment considering it as a strategic area of Management, study human behavior in today’s complex and global organizations, and to awaken student’s sensitivity to “social” issues as part of management in organizations.

The overall objective of this subject is to understand the central significance of policy and strategy to top managers and their organizations. For this purpose, it is analyzed how environments, both external and internal, affect the functioning of an organization- and the associ-ated methods to assure that policies and strategies are implemented.

Management and Marketing

HUMAN RESOURCES6 ECTS

BUSINESS POLICY6 ECTS

OPERATIONS MANAGEMENT

6 ECTS

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BUSINESS CASE ANALYSIS6 ECTS

DOING BUSINESS IN AFRICA3 ECTS

MARKETING II6 ECTS

The objective of this course is to provide the student with a thorough understanding of how to analyze business cases, and how to effectively present their analysis. Emphasis will be placed on oral presentation of case analysis and recommendations. Students will participate in a time-limited case preparation and presentation format. The aim of the course is to develop students’ skill in solving case studies from real business in teams and improve their presenta-tion skills. This course will give the students fundamental knowledge, skills and practice in preparing and presenting case studies for classes and the real world (and possibly case competitions). Business Case Analysis will explore ways that can better prepare the students for case studies including professor coaching, preparation and presentation feedback, debating, persuasive communications and cross-discipline work. Students will acquire presentation, leader-ship, team building, analytical and logical thinking skills.

This course aims to provide students with an overview of critical aspects of successfully doing business in Africa including analyzing the political and macroeconomic envi-ronments in Africa; identifying opportunities and risks; developing an effective strategy for doing business in Africa broadly and in specific regions; effective marketing in the African context; cultural aspects of negotiation and ethics and social responsibility in the African context.

Marketing II is focused on the daily business of Market-ing, using Marketing Mix Management and focusing on the consumer approach through research and services marketing. The subject is divided in three parts: Market-ing Mix strategies and tools, consumer understanding through research, and marketing applied to services. Consumer behavior and strategies that don’t fit with people’s desires and preferences are the most com-mon problems in marketing departments where market research can help to re-define strategies and product mix.

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This course will develop your understanding of the prin-ciples, strategies, and tactics of effective negotiation and professional relationship management. You will also increase awareness and understanding of ethical principles and stakeholder considerations that influence the choices offered and made in transactions and relationships. You will learn to identify and assess the variables in negotiations, develop sound negotiation planning techniques, develop an understanding of various strategies and tactics to use as you ethically resolve conflicts, transactional and inter-personal differences. Learn how to use that knowledge to execute effective dispute resolutions, and improved competence to manage professional relationships.

The competitive environment of today has made com-panies to rethink their marketing activities and lead the company and brands very differently than before. From marketing responsibilities to Category management there are lots of intuitions, changes and realities that need to be understood to cope with the complexity of this man-agement activity. This subject deals with the organization of the marketing function today and the way the best companies are facing the tough surrounding they are in: From single product to multi-product; from one brand to many; from selling to others to owned or franchised shops; from high margins to low cost pressure.

Branding strategy and techniques are increasingly becom-ing the preferred approach to identify and take advantage of the main city and country assets. Place branding allows cities and countries to increase citizens’ satisfaction, attracts additional flows of investment, human capital and tourism. In this course, we will discover the basic tools for identifying place brand identity, image and position-ing. We will present the main elements of place branding strategy. Students will be asked to carry on practical study cases during the semester.

NEGOTIATION3 ECTS

MARKETING MANAGEMENT

3 ECTS

COUNTRY AND CITY BRANDING

3 ECTS

SECOND [SPRING] SEMESTER OFFERING

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FINANCIAL ACCOUNTING II*6 ECTS

In this course students will learn how to record com-plex business transactions, relative to long lived assets (including intangible assets), short and long term debt, and financial investments. At the end of the semester, particular attention is paid to the accounting treatment of leases and income taxes.

In a globalized economy, the capital markets around the world must provide high-quality, homogeneous financial information across countries, fulfilling the needs of their users and regulators. The International Financial Reporting Standards, due to their large international acceptance, represent the language able to meet this purpose. The main goal of the course is to guide the students to the application of international accounting principles and tech-niques in real world situations by offering a principle-based approach of the financial reporting standards environment.

This course is focused on the following financial derivative products: forward, futures, option, and swap contracts. The course provides an introduction to these financial assets and discusses some topics related to their pric-ing, trading strategies, and risk management of portfolios using financial derivatives.

INTERNATIONAL FINANCIAL REPORTINGSTANDARDS (IFRS)6 ECTS

FINANCIALDERIVATIVES6 ECTS

Finance

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Why is there a sovereign debt crisis in Europe? 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 reasoning behind monetary unions? What is a balance of payments crisis? What are the advantages of adopting a fixed exchange rate? Do speculative bubbles exist in the exchange markets? How did the euro come into place? International Finance addresses these types of ques-tions and more. The class is intended to familiarize the student with the structure and functions of the foreign exchange market. Additionally students will analyze the dynamic behavior of exchange rates and both their real and nominal macroeconomic effects.

Why do international stock markets react to lower interest rate setting by the U.S. Federal Reserve? What are the differences between the ECB and the Federal Reserve monetary policy? What is the relation between monetary policy and the 2008 financial crisis? What is the relation between interest rates, GDP and inflation? What is the dif-ference between expected and unexpected monetary policy actions? What to do when interest rates are close to zero and the economy needs an expansionary monetary policy? What is quantitative easing? How does the transmission mechanism of monetary policy work through the banking system? How does asymmetric information influence credit policies by banks? What is systemic risk and what was its role in the financial crisis? Why can banks collapse and what is the effect in the overall economy? How can Central Banks avoid bank runs and mitigate systemic risk? “Money, Bank-ing, and Financial Markets” deals with all these issues and more. The class is intended to familiarize the student with the monetary policy strategy, implementation and effects, as well as the role of banks in our economies as transmission mechanism of monetary policy and providers of liquidity to the private sector and engine of growth.

INTERNATIONALFINANCE

6 ECTS

MONEY, BANKING ANDFINANCIAL MARKETS

6 ECTS

SECOND [SPRING] SEMESTER OFFERING

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PRINCIPLES OF MACROECONOMICS*6 ECTS

MICROECONOMICS:THEORY AND POLICY6 ECTS

GLOBAL POLITICALECONOMY6 ECTS

The objective of the course is to introduce the basic con-cepts and tools used in macroeconomic analysis. In this course, the student will learn how to use and compare different economic models to analyze and understand current economic issues. The course studies the func-tioning of the aggregate economy both in the long run and the short run, and covers many of the issues that dominate the theoretical and political debate: unemploy-ment, inflation, growth, etc.

This is a course on Intermediate Microeconomics. The student is assumed to be familiar with basic economic concepts, acquired in the first year. This course covers a wide range of topics, starting from the analysis of com-petitive markets, and also includes monopoly, oligopoly, game theory, uncertainty, general equilibrium and market failure. The course aims to provide the student with the sufficient knowledge to understand economic models and apply mathematical tools to economic analysis.

Global Political Economy focuses on the main issues in international political economics, such as globaliza-tion, governance, trade, foreign investment, international migrations and financial markets. The course is designed as an introduction to the main ideas, trends, events and forces which shape the political, institutional and social framework in which the world economy develops. For this purpose, the course takes a multidisciplinary approach combining questions from various social sciences such as economics and political science. This analysis will help students develop a critical understanding of the new real-ity of the world economy, which some define with the sole word “globalization” but which has many different sides to it. During the course we shall address the role and position of the economies of Spain and Europe in this global framework.

Economics

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SECOND [SPRING] SEMESTER OFFERING

ALGEBRA*6 ECTS

CALCULUS II*6 ECTS

PROBABILITY ANDSTATISTICS II

6 ECTS

Algebra enhances the capacity for analysis and synthesis, helps speed reasoning and facilitates abstract thinking. As for inclusion in Business Administration/Economics studies, it is essential for quantitative modelling of eco-nomic reality, and it can solve complex problems with many variables (impossible to synthesize intuitively).To achieve these objectives usual topics are thoroughly discussed in mathematics, such as linear programming, matrices and determinants, systems of linear equations, applications of matrices and systems of equations to economic applications and graphs and networks.

This course begins with the introduction of functions with more than one independent variable. Students learn partial and directional derivatives and also the total derivative of a function. Most of the course is devoted to solve optimization problems (constrained and unconstrained). As in Calculus I, the emphasis is on problem solving, understanding concepts and applications to Economics and Business.

The objective of the course is to introduce some issues of statistical inference and modeling. In particular, the students will learn the following topics: constructing confi-dence intervals for different population parameters (mean, variance, proportion) based on the sample information. Learn the general hypothesis testing procedure and its application to different problems. Perform ANOVA tests to compare the means of different populations. Perform different nonparametric tests and know in which situa-tions they should be used. Use correlation and regres-sion analysis to study the linear relationship between two variables, as well as different computer programs to perform the above analysis and tests.

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This is a course related with time series analysis. Once we define the concept of stationary we present the different ARMA models used in the material. Another chapter is devoted to estimation, focusing on maximum likelihood estimation. Then, testing hypothesis and model selec-tion, based on Box-Jenkins methodology, is presented. The following chapter deals with seasonality in time series, and the following one is devoted to prediction. Next we look at no stationary cases. The next chapter focuses on structural time series, while the last chapter investigates long memory processes and frequency domain specifications.

This course is an introduction to the psychology of deci-sion making. It covers normative and descriptive theories of choice and judgement; models of decision making and the effects of several factors, such as context, culture, experience or information on decision making; cogni-tive and behavioral biases as well as heuristics; and, of course, applications of these topics to real world deci-sions, especially those most directly related to economic and business choices.

TIME SERIES6 ECTS

DECISION MAKING THEORY6 ECTS

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KEY ISSUES IN THE CONTEMPORARY

WORLD II: HISTORY OF

CONTEMPORARY THOUGHT AND

INTERNATIONAL RELATIONS*

6 ECTS

COMPARATIVE POLITICS**

4.5 ECTS

The objective of this course is to offer students the basic analytical framework to analyze different political cultures, social structures, democracy, and institutions. These outlines are then applied to understand the principal dif-ferences between democracy and authoritarian forms of government, differences and similarities among various democratic forms of government, the internal processes of democratic decision-making, and the principal lines of global conflict. We will use theoretical arguments and a wide range of case studies to address the related ques-tions: Why are some countries democratic and others not? How does democracy affect political conflict and economic development? Why do some countries cen-tralize power while others threaten to fall apart through secession and civil war? We will use examples from a wide range of countries including Spain, Germany, Iraq, and the United States. The lessons drawn from these countries will prepare you to analyze other countries of your own in a paper assignment.

This class is an introduction to the study of Comparative Politics and it is a natural extension from your introduc-tory class to political science. You will learn about some of the major concepts used in the study of comparative politics, and these will be discussed using frequent real-world examples from a variety of countries. The course will cover a wide range of issues, including the policies of modern states, varieties of democracy, authoritarianism, political culture, institutions, and interest groups. We also will discuss some relatively recent debates in comparative politics that have been important in the policy-making process, such as the role of the state in the economy, the economic success of autocratic regimes, and the growing influence of lobbyism in many developed democracies.

SECOND [SPRING] SEMESTER OFFERING

Other disciplines

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The course intends to give you an in-depth introduction to the institutions of the European Union. Therefore, it overviews the multi-level framework in which the Euro-pean institutions exercise their functions; examines their various natures; reveals institutional change in the EU; and effects of the euro-zone crisis on it. This course will also introduce you to the main theoretical frameworks to better understand the work of the EU institutions in decision-making process.

This course evaluates the role and scope of Interna-tional Organisations in this process and how they govern globalisation in social, economic, security and political terms. This course aims to familiarise students with the main institutions, their policies and principal actors. The primary institutions dealt with are the United Nations, the World Bank, the WTO, multi-country organisations, the OECD and technical bodies. The main policies covered are international security, finance, trade, climate change, human rights, economic development and technical standards. The course has two main goals. The first is to offer a basic knowledge of the main institutions, as well as an understanding of how countries work together to take and implement decisions at a global level. The second is to consider the politics, motives and difficul-ties associated with participation and intervention in the various global issues as both a sovereign state and a member of the European Union. This course also gives students the opportunity to enhance their knowledge of - and insight into - international negotiation processes. Students will be able to debate and practice international negotiation in a series of short exercises. We will also look at the European Union as an actor and a power in the international system, to the extent that these are relevant for developing an analytical framework aimed at understanding and assessing the external aspects of EU policies.

EUROPEAN INSTITUTIONS**3 ECTS

INTERNATIONAL ORGANIZATIONS**3 ECTS

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BUSINESS ETHICS6 ECTS

DEMOGRAPHY3 ECTS

Business Ethics almost always hits the headlines in the wake of scandals, but hardly ever when entrepreneurs and managers do good deeds. These are often met with a skepticism difficult to eradicate, given the profit motive; such stories are just “too good to be true”. Why so? After a short introduction to the origins and development of Business Ethics, this course will present a more construc-tive approach based on the notion of “moral capital” or virtue. We shall also explain how the firm, through the proper ethical perspective, could actually be a potent force toward attaining the common good of society.

Demography is the study of human populations. This course provides an introduction to the techniques of demographic analysis and the interpretation of demo-graphic data in order to understand and use demographic concepts and trends. Topic covered include sources of information, period and cohort methods of description and analysis of the basic demographic phenomena (fertility, mortality and migration), the determinants of age structure and population growth, the interpretation of demographic statistics and population projection. We will also explore the explanation and consequences of population trends and differentials in time and space. Emphasis is placed on the understanding and interpretation of demographic data, as well as methods of population analysis. The demographic knowledge will be an essential background in order to understand past, present and future societies. No previous demographic knowledge is required.

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School of Economics and Business International Relations OfficeEdificio AmigosUniversidad de Navarra31009 PamplonaTel. 948 425 600Ext. 802436Fax 948 425 626intrel-eco@unav.eshttp://www.unav.edu/web/facultad-de-ciencias-economicas-y-empresariales