SYLLABUS

General Economy (100000D01H)

2023 - Cycle 1 March

1. DATOS GENERALES

[Link]: Law

1.2. Credits: 3

1.3. Course teaching: Virtual on platform 24/7

1.4. Weekly hours: 3

2. FOUNDATION
Economics is the social science that analyzes the processes through which families, businesses, and the
government administers its scarce resources for alternative purposes. It is important for a lawyer to be aware of
economics so that it can guide its (scarce) resources towards achieving its objectives. Furthermore, it is
important to have the ability to understand and analyze the main economic phenomena of
country, to properly advise natural and legal persons in public management. Every professional
One must know the main principles of Economics to understand the current reality since this
science equips us with tools to make good decisions in an increasingly complex world and helps to
for professionals to debate the economic future of the country.

3. SUMMARY
The course defines Economics as a social science, its method, and scope. Economic thought is reviewed.
to understand current theory, as well as its trends. In the Microeconomics section, demand is reviewed,
the supply, the markets, and the companies (business forms). The intervention of the State is also explained.
the market (taxes, subsidies). Regarding Macroeconomics, some indicators are developed
macroeconomic, economic cycles, unemployment, poverty, economic growth and development,
fiscal and monetary policies.

4. GENERAL LEARNING OUTCOME

At the end of the course, the student interprets the various national economic phenomena through
continuous interaction activities, applying the fundamental principles inherent to the functioning of the
markets and the role of the State in the economy; in order to understand the public policies that are taken by
part of the government for the development of Peruvian society.

5. UNITS AND SPECIFIC LEARNING ACHIEVEMENTS

Learning Unit 1: Week 1, 2, 3 and 4

Economics as a social science and economic development.

Specific learning achievement:

At the end of the unit, the student understands economics as a social science, identifying science as a
factor for the economic development of the country.
Syllabus:
Economy as a social science and economic development Concept of science and its classification Politics
National Science Development in Peru. Do you know CONCYTEC? Concept of economy Concept of
economic development How is economic development measured? Agenda 2030
Basic principles of economics People face trade-offs. Rational people think about
marginal terms. People respond to incentives. Trade can improve welfare.
Everyone. Trade can improve the well-being of all. Markets are usually a good mechanism.
to organize economic activity. The government can sometimes improve market outcomes. The
The standard of living of a country depends on its ability to produce goods and services. When the
The government prints too much money, prices increase. Society faces a short-term
dilemma between inflation and unemployment.
Economic models and the production possibility curve Scarcity as the main factor of the problem
económico Concepto de modelo económico Tipos de modelos económicos Concepto de curva de posibilidades
of production
4.1 Principales problemas de los recursos Principales problemas del agua Principales problemas de la energía
{"main_human_capital_problems":"Main problems of human capital","main_climate_change_problems":"Main problems of climate change","policies_matters":"Policies regarding"}
{"water":"Water","energy_policies":"Energy policies","human_capital_policies":"Human capital policies","climate_change_policies":"Climate change policies"}

climatic

Learning Unit 2: Weeks 5, 6, 7, and 8

Economic thought.

Specific learning achievement:

At the end of the unit, the student understands the main currents of economic thought in order to identify
the current economic trends.

Agenda:
Main schools of economic thought: pre-classical and classical Pre-classical School: Philosophical School
Escuela escolástica Escuela mercantilista Escuela fisiocrática Escuela clásica: Principales autores de la escuela
classic
Main currents of economic thought: post-classical General aspects of economic theory
Post-classical Neoclassical school The theory of marginalism Main authors of the marginalist school
Keynesian school and neoliberal General aspects of the Keynesian school. Main author John Maynard
Keynes Aggregate Demand General aspects of the neoliberal school. Main author: Milton Friedman
Current trends General aspects of current trends Institutional economics Analysis
economic of Law Behavioral economics Neuroeconomics Latest Nobel Prize winners in Economics

Learning Unit 3: Week 9, 10, 11, and 12

Microeconomics: functioning of the market.

Specific learning achievement:

At the end of the unit, the student explains the tools that allow for the evaluation of the functioning of the market.
as a means of resource allocation in the current economy.

Syllabus:
Market: theory of demand and supply Functioning of markets Theory of demand and its
factors Theory of supply and its factors
The consumer and the company The consumer: consumer theory Consumerism and consumer protection The
empresa: aspectos generales de una empresa. Factores de producción Costos de producción Planeamiento
strategic aspects of companies General aspects of SMEs
{"Market Failures":"Market Failures","General Aspects of Market Structures":"General Aspects of Market Structures","General Aspects of Competition":"General Aspects of Competition"}

Perfect. General aspects of monopoly. Economic theory of market failures.

State intervention in the market Reasons why the State intervenes in the market. Levels of
state intervention in the economy. Instruments for intervention.

Learning Unit 4: Weeks 13, 14, 15, 16, 17, and 18

Macroeconomics: economic policy.

Specific learning achievement:

At the end of the unit, the student explains the main macroeconomic aggregates to analyze the role of the State.
in national economic policy.
 Agenda:
Main macroeconomic aggregates General aspects of macroeconomics. Objectives of the
macroeconomics. GDP and economic cycles. General aspects of unemployment and poverty.
Economic growth and economic development, state and UN policies, macro magnitudes to measure the
economic growth and development. Sustainable development goal proposed by the UN. National agreement
regarding the economic system. Functions of CEPLAN.
Economic policy: fiscal policy General aspects of economic policy. Fiscal policy and its content.
MEF as the executing body of fiscal policy. Tax system and public budget.
Economic policy: monetary policy. Monetary policy and its content. BCRP as the executing agency for the
monetary policy. The financial system. Objectives of the financial system.
International economy, trade policy. General aspects of the balance of payments. Export and
{"importación":"import","Contenido de la política comercial":"Content of the trade policy","Instrumentos de la política comercial":"Instruments of the trade policy"}

Final Exam

6. METHODOLOGY
This course has been designed in a virtual format, which offers the student the opportunity to learn while having
taking into account their specific needs and styles, without affecting their family or work dynamics. To do this, the
The student will find the course study materials organized on the LMS Canvas platform by
weeks, including: videos, audios, infographics, among others. You will also find activities in which the
The student will be able to participate in forums, evaluations, virtual tasks, and the resolution of different exercises that
they will be allowed to practice and

check the learning of the topics. Through these materials and activities, the aim is to

promote participation for the joint construction of knowledge.

In order to understand the organization and sequence of the study materials and participation activities,
It is crucial to review the schedule where the progress and evaluation dates are presented in detail.
On the other hand, the student will have a permanent consultation forum in the course to be able to interact with their
teacher regarding any questions you may have about the materials or activities.

Regarding the methodological strategies, this course uses an active and participatory methodology that
promotes autonomous learning, the search for information by the student, and individual work/
collaborative reflecting on participation, case analysis, and the development of works that motivate the
student to be aware of their learning process through planning, self-regulation, evaluation,
checking and critiquing the reality of our country.

Finally, throughout the course, the student will have the virtual support of their teacher, who
will be available to answer questions about the course contents, materials, or activities within a timeframe
no more than 24 hours if it's Monday to Friday or 48 hours if it's Saturday or Sunday. The teacher will also provide
feedback on the development of activities so that students can identify the aspects
positives and areas for improvement; and will be in constant communication through various means such as announcements, forums
and emails to encourage greater participation from the students.

7. EVALUATION SYSTEM
The calculation of the final average will be done as follows:

(15%)PC1 + (10%)TA1 + (25%)PC2 + (15%)TA2 + (10%)PA + (25%)EXFI

Where:

Type Description Week Observation

PC1 QUALIFIED PRACTICE 1 4 Virtual/Individual

TA1 ACADEMIC ASSIGNMENT 1 8 Virtual/Individual - Collaborative

PC2 QUALIFYING PRACTICE 2 12 Virtual/Individual

 Type Description Week Observation

TA2 ACADEMIC ASSIGNMENT 2 15 Virtual/Individual - Collaborative

PA CLASS PARTICIPATION 17 Virtual/Individual

EXFI FINAL INDIVIDUAL EXAM 18 Virtual/Individual

Guidelines on Evaluation Formulas:

The minimum passing grade is 12.

2. The student who does not take the final exam can take a single makeup exam. The grade obtained in
this makeup exam replaces the final exam not taken.
The student takes the makeup exam on the date scheduled by the University, after presenting
for application and payment of the fees for the retake exam established in the current tariff and published
in Student Portal. The make-up exams are held at the end of the academic period and cover all
the topics covered in the subject.

3. In case a student does not take a graded practice (PC) and, therefore, receives NSP, this is
replaced by the grade obtained in the final exam. If you also have NSP in the final exam, this is
replaced by the grade obtained in the make-up exam. This grade replacement is automatic. It is not
It is necessary for the student to carry out any procedure for the replacement of the grade to proceed. In the event that
if the student has more than one unassessed graded practice, only the graded practice of
greater weight.

PC1 = Grade of the assessed practice that evaluates what was learned in the first unit.

PC2 = Grade of the graded practice that evaluates what has been learned in the second unit.

6. TA1 = Nota de la tarea académica 1 que evalúa lo aprendido luego de la PC1.

7. TA2 = Grade of academic task 1 that evaluates what was learned after PC2.

8. PA = Participation throughout the course focused on 4 discussion forums.

9. EXFI = Nota del examen final. Evaluación relacionada con el contenido de la cuarta unidad.

8. SOURCES OF INFORMATION
Basic Bibliography:
Burneo, [Link] of economy version Latin American. Ecoe Editions.
[Link]
Complementary Bibliography:
Campos Vázquez, Raymundo Miguel - Autor. Economía y psicología: apuntes sobre economía
behavioral to understand current economic problems. FCE - Economic Culture Fund.
[Link]
Bernardo García Izquierdo. Solidarity economy and its inclusion in university education.
Publications of the University of Deusto.
biblionumber=37105
INEI. Consumer Price [Link]. [Link]
indexes/
BCRP. Information on Monetary [Link]. [Link]
Ministry of Economy and Finance (MEF). Economic and Social Policy, Taxes, Public Investment and
Private, Budget, Treasury and Public Debt. Ministry of Economy and Finance (MEF).
[Link]
Armando Perez Pino. General [Link] Press. [Link]
bin/koha/[Link]?biblionumber=36424

9. COMPETENCIES

Race Specific competencies

Law Public Management

[Link] SCHEDULE
Unit of Activities and
Week Session Theme
learning evaluations

Economics as a social science and the

Observa el vídeo
economic development Concept of
science and its classification National politics
of presentation
of the course, thus
for the development of science in Peru
like the videos and
Do you know CONCYTEC? Concept of
materials
economics Concept of development
explanatory of the
economic How is development measured
week.
economic? Agenda 2030
1 Use the forum of
1 Session queries to the
Virtual length of the whole
course before
any questions.
Develop the
activities
proposals.
Participate in the forum
of debate 1.

Basic principles of economics

Observe the
people face dilemmas. The
videos and
rational people think in terms of
materials of the
marginals. People respond to
week 2.
the incentives. Trade can
Check the
improve the well-being of all. The
materials of
trade can improve well-being of
course, as they will be
All markets are normally a
2 of great use
good mechanism for organizing the
2 Session upon submitting the PC1.
economic activity. The government can
Virtual Develop the
improve some times the results of
market. The standard of living of a country activities
Unit 1 proposals.
it depends on the ability I have to
Economics as a science Participate in the forum
produce goods and services. When the
social and development of debate 2.
government prints too much money
economic prices are increasing. The society
faces a short-term dilemma
between inflation and unemployment.

Economic models and the curve of

Check the
production possibility Scarcity as
materials of the
3 main factor of the economic problem
week 3.
3 Session Economic model concept Types of
Develop the
Virtual economic models Concept of curve
activities
of production possibilities
proposals.

4.1 Main problems of the

Observe the
main water problems
videos
Main energy problems
demonstratives and
Main problems of capital
materials of the
human Main problems of the
week 4.
climate change Policies on
Develop the
water Energy policy
activities
Policies on human capital
proposals.
4 Policies on climate change
Participate in the forum
4 Session
of debate 3,
Virtual
remember that
is part of your
PA.
Review the material
for development
from your PC1.
PRACTICE
RATED 1

Main currents of thought

Observe the
 economic: pre-classical and classical school videos and
5 Pre-classical: Philosophical School School materials of the
5 Session ["scholasticism","mercantilist school","school"] week 5.
Virtual Physiocratic Classical School: Main Develop the
authors of the classical school activities
proposals.

Main currents of thought

Observe the
economic: post-classical aspects
general principles of economic theory videos
demonstratives and
6 post-classical Neoclassical school The theory
materials of the
6 Session of marginalism Main authors of
week 6.
Virtual the marginalist school
Develop the
activities
proposals.

Keynesian and neoliberal school

Unit 2 Observe the
General aspects of the school
Thought videos and
Keynesian. Main author John Maynard
economic materials of the
Keynes Aggregate Demand Aspects
general principles of neoliberal school.
week 7
Develop the
7 Main author: Milton Friedman
activities
7 Session
proposals.
Virtual Participate in the forum
of debate 4,
remember that
is part of you
PA.

Current trends General aspects

Observe the
of current trends Economy
videos and
institutionalist Economic analysis of
materials of the
Behavioral Economics Law
8 Neuroeconomics Latest Nobel Prize winners
week 8
8 Session Develop the
Economy
Virtual activities
proposals.
TASK
ACADEMIC 1

Market: theory of demand and of the

Observe the
Functioning of the markets offer
videos and
Theory of demand and its factors
9 materials of the
Theory of supply and its factors
9 Session week 9.
Virtual Develop the
activities
proposals.

The consumer and the company

Observe the
consumer: consumer theory The
videos and
consumerism and consumer defense
materials of the
The company: general aspects of a
week 10.
company. Factors of production Costs
10 Observe the
strategic planning production
10 Session videos and
General aspects of the companies
Virtual materials of the
the Mypes
week 10.
Develop the
activities
proposals.

Unit 3 Market Failures General Aspects

Observe the
Microeconomics: of market structures. Aspects
general characteristics of perfect competition. videos and
operation of the materials of the
market General aspects of monopoly. Theory
week 11.
economic of market failures
Develops the
11
activities
 11 Session proposals.
Virtual Participate in the forum
of debate 5,
remember that
is part of your
PA

State intervention in the market

Observe the
Reasons for State intervention
videos and
in the market. Levels of intervention
materials of the
of the State in the economy. Instruments
week 12.
for the intervention.
Develop the
12
activities
12 Session
proposals.
Virtual
Review the material
for development
from your PC2.
PRACTICE
QUALIFIED 2

Main macroeconomic aggregates

Observe the
General aspects about
videos and
macroeconomics. Objectives of the
13 materials of the
macroeconomics. GDP and cycles
13 Session week 13.
economic. General aspects of the
Virtual Develop the
unemployment and poverty.
activities
proposals.

Economic growth and development

Observe the
economic, state policies and UN
videos and
Macromagnitudes to measure the
14 materials of the
economic growth and development.
14 Session week 14.
Sustainable Development Goal
Virtual Develop the
proposed by the UN. National agreement
activities
regarding the economic system.
proposals.
Functions of CEPLAN.

Economic policy: fiscal policy

Observe the
General aspects of politics
videos and
economic. Fiscal policy and its content.
materials of the
MEF as executing body of the
15 week 15
fiscal policy. Tax system and
15 Session Develop the
presupuesto público.
Virtual activities
proposals.
TASK
ACADEMIC 2

Economic policy: monetary policy.

Observe the
Unit 4 Monetary policy and its content. BCRP
videos and
Macroeconomics: as the executing body of the policy
16 materials of the
economic policy monetary. The financial system.
16 Session week 16.
Objectives of the financial system.
Virtual Develop the
activities
proposals.

International economy, politics

Observe the
commercial. General aspects about the
videos and
balance of payments. Export and
materials of the
importation. Policy content
week 17.
commercial. Instruments of policy
Develop the
commercial.
activities
proposals.
Observe the
videos and
17 materials of the
17 Session week 17.
Virtual Develop the
activities
proposals.
Participate in the forum
of debate 6,
remember that
is part of your
PA
PARTICIPATION
IN CLASS

18 Final Exam
FINAL EXAM
18 Session
INDIVIDUAL
Virtual