SYLLABUS Academic Year 2014-2015 1. Information regarding the programme 1.1 Higher education institution “Babeş- Bolyai” University, Cluj-Napoca 1.2 Faculty Business 1.3 Department Servicii de Ospitalitate 1.4 Field of study Administrarea Afacerilor 1.5 Study cycle Bachelor 1.6 Study programme / Administrarea afacerilor în servicii de ospitalitate (în limba engleză) Qualification 2. Information regarding the discipline 2.1 Name of the discipline Business economics 2.2. Code ILE0044 2.3 Course coordinator Associate professor Valentin TOADER 2.4 Seminar coordinator Alina DRĂGAN 2.5. Year of study 1 2.6. Semester I 2.7. Type of evaluation E 2.8. Type of discipline
Mandatory
3. Total estimated time (hours/semester of didactic activities) 3.1 Hours per week Of which: 3.2 course 3.3 seminar/laboratory 4 2 3.4 Total hours in the curriculum 3.6 seminar/laboratory 56 Of which: 3.5 course 28 Time allotment: Learning using manual, course support, bibliography, course notes Additional documentation (in libraries, on electronic platforms, field documentation) Preparation for seminars/labs, homework, papers, portfolios and essays Tutorship Evaluations Other activities: 3.7 Total individual study hours 94 3.8 Total hours per semester 150 3.9 Number of ECTS credits 7 4. Prerequisites (if necessary) 4.1. curriculum 4.2. competencies
2 28 hours 40 40 10 2 2
Not the case Not the case
5. Conditions (if necessary) 5.1. for the course 5.2. for the seminar /lab activities
Attendance in time for lecture, respect for the audience and no mobile phone open during the session course. Minimum 10 presences and active intervention at seminars
Professional competencies
6. Specific competencies acquired Knowledge of economic concepts used in the curriculum; Understanding and describing economic policies regarding the allocation of the resources; Application of economic reasoning to analyze market system; Identify the purpose of cost-benefit analysis; Explain the role of Government in a market economy; Debate the right solution in a certain context.
Transversal competencies
To understand and apply the economic perspective and to reason accurately and objectively about economic matters. To promote a lasting student interest in economics and the economy.
7. Objectives of the discipline (outcome of the acquired competencies) 7.1. General objective of the discipline
To help comprehend the basic economizing problem, specific economic issues and the policy alternatives.
7.2. Specific objective of the - - Discussion of the meaning and importance of economics. discipline - Comprehension of economics perspective. - Analysis of the particular and general behaviours of each company, their possible decisions and their specific economic reactions, based on their particular interests and scopes. - Explain how markets operate with reference to supply and demand and charged prices. - Explain how the economic activities of Government affect our well-being every day. - Examine the market failure and economics of taxation. - Discussion of externalities, pollution and pollution policies. 8. Content Teaching methods Remarks 8.1 Course 1 course 1. The scope and the method of the Interactive lecture, Discussion, Multimedia materials, Illustrated, Case Studies economy Interactive lecture, Discussion, Multimedia 1 course 2. Ten Principles of Economics materials, Illustrated, Case Studies Interactive lecture, Discussion, Multimedia 1 course 3.The gains from trade materials, Illustrated, Case Studies Interactive lecture, Discussion, Multimedia 1 course 4. The demand theory materials, Illustrated, Case Studies Interactive lecture, Discussion, Multimedia 1 course 5. The price elasticity of demand materials, Illustrated, Case Studies 1 course 6. The income and cross-price Interactive lecture, Discussion, Multimedia materials, Illustrated, Case Studies elasticity of demand: Interactive lecture, Discussion, Multimedia 1 course 7. The supply theory materials, Illustrated, Case Studies Interactive lecture, Discussion, Multimedia 1 course 8. The market’s equilibrium materials, Illustrated, Case Studies Interactive lecture, Discussion, Multimedia 1 course 9. Controls of prices materials, Illustrated, Case Studies 1 course 10. Consumers, producers and the Interactive lecture, Discussion, Multimedia materials, Illustrated, Case Studies efficiency of markets Interactive lecture, Discussion, Multimedia 1 course 11. The cost of taxation materials, Illustrated, Case Studies Interactive lecture, Discussion, Multimedia 1 course 12. International trade materials, Illustrated, Case Studies Interactive lecture, Discussion, Multimedia 1 course 13. Externalities materials, Illustrated, Case Studies 1 course 14. Public goods and common Interactive lecture, Discussion, Multimedia materials, Illustrated, Case Studies resources Bibliography 1. Compulsory Bibliography Mankiw, N., G. (2004), Principles of Microeconomics, Third Edition, Ed. Thomson South – Western.
1. Optional Bibliography Frank, R. H., (1991), Microeconomics and behaviour, McGraw-Hill International Editions, Economic Series. N. G. Mankiw, (1998), Principles de l’Economie, Ed. Economica, Paris. McConnell,C., Brue, S., (2002), Economics: Principles, Problems, and Policies, McGraw-Hill/Irvin an imprint of The McGraw-Hill Companies. Lipsey, G. R., Chrystal, K. A., (1999), Economia pozitivă, Ed. Economică, Bucureşti. Stiglitz, E. J., Walsh, E. C., (2005), Economie, Ed. Economică. Samuelson, Nordhaus, (2000), Economie politică, Ed. Teora. Hardwick, Ph., Langmead, J., Khan, B., (2002), Introducere în politica economică modernă, Ed. Polirom. Vorzsak, M., (2005), Economie pozitivă, Ed. Alma Mater, Cluj Napoca. Vorzsak, M., Guţ, C., Toader, V., (2011), Piaţă, concurenţă, preţuri, Ed. Alma Mater, Cluj-Napoca. 8.2 Seminar / laboratory Teaching methods Remarks 1. The scope and the method of the Debate, Conversation, Case studies, Problem 1 seminar economy 2. Ten Principles of Economics Debate, Conversation, Case studies, Problem 1 seminar 3. The gains form trade Debate, Conversation, Case studies, Problem 1 seminar 4. The demand theory Debate, Conversation, Case studies, Problem 1 seminar 5. The price elasticity of demand Debate, Conversation, Case studies, Problem 1 seminar 6. The income and cross-price Debate, Conversation, Case studies, Problem 1 seminar elasticity of demand 7. The supply theory Debate, Conversation, Case studies, Problem 1 seminar 8. The market’s equilibrium Debate, Conversation, Case studies, Problem 1 seminar 9. Controls of prices Debate, Conversation, Case studies, Problem 1 seminar 10. Consumers, producers and the Debate, Conversation, Case studies, Problem 1 seminar efficiency of markets 11. The cost of taxation Debate, Conversation, Case studies, Problem 1 seminar 12. International trade Debate, Conversation, Case Studies, Problem 1 seminar 13. Externalities Debate, Conversation, Case studies, Problem 1 seminar 14. Public goods and common Debate, Conversation, Case studies, Problem 1 seminar resources Bibliography 1. Compulsory Bibliography Mankiw, N. G., (2004), Principles of Microeconomics, Third Edition, Ed. Thomson South – Western. 2. Optional Bibliography Delmas, B., Théry, G., Microéconomie: Marché, consommateurs, élasticité; Exercices corrigés d’économie, Ed. Nathan, 1998. Didier, M., Economia: regulile jocului, Editura Humanitas, 1992. Frank, R. H., (1991), Microeconomics and behaviour, McGraw-Hill International Editions, Economic Series. Hardwick, Ph., Langmead, J., Khan, B. – Introducere în economia politică modernă, Ed. Polirom, 2002. Heyne, P., Modul economic de gândire, Ed. Didactică şi Pedagocică, Bucureşti, 1991. Lipsey, G. R.,, Chrystal, K. A., (1999), Economia pozitivă, Ed. Economică, Bucureşti. Mankiw, N. G., (1998), Principles de l’Economie, Ed. Economica, Paris. McConnell,C., Brue, S., (2002), Economics: Principles, Problems, and Policies, McGraw-Hill/Irvin an imprint of The McGraw-Hill Companies. Stiglitz, E. J., Walsh, E. C., (2005), Economie, Ed. Economică. Samuelson, Nordhaus, (2000), Economie politică, Ed. Teora. Vorzsak, M., (2005), Economie pozitivă, Ed. Alma Mater, Cluj Napoca. Vorzsak, M., Guţ, C., Principiile economiei de piaţă, Ed. Alma Mater, Cluj-Napoca, 2010. 9. Corroborating the content of the discipline with the expectations of the epistemic community, professional associations and representative employers within the field of the program
Course content is consistent with what is done in other universities at home and abroad. To adapt to the labor market the contents meet the standards of the business community.
10. Evaluation Type of activity
10.1 Evaluation criteria
10.2 Evaluation methods
10.3 Share in the grade (%) 90%
Writing exam. The score for The accuracy of knowledge and promotion must be at least comprehension, application and 50% of the points allocated to analysis; logical synthesis; this evidence. Specialized language. Mid semester exam 45% The accuracy of knowledge and Final writing exam 45% comprehension, application and analysis; logical synthesis; Specialized language. Students have two options: Note 1. mid semester exam which is 45% share and in the session the final exam with 45% share. 2. in the session, writing exam with 90% share of final grade In both cases 50% is the theory course evaluation and 40% is the seminar issues evaluation. 10.5 Seminar/lab During the seminars will 10% Active involvement in seminar activities observe each student activities involvement in activities or test within seminar time. 10.6 Minimum performance standards Formation the economic way of thinking and acquiring the functioning of overall economy for a sustainable economic growth. 10.4 Course
Date
Signature of course coordinator
Signature of seminar coordinator
10.02.2014
Valentin TOADER, PhD
Alina DRĂGAN
Date of approval
Signature of the Head of department Assoc. Prof. Adina Negruşa, PhD