Economic Environment & Public Affairs
Evolución del precio del petróleo EC1-115-M
This case is designed to introduce students to the basic tools of supply and demand and to observe and predict how they operate in a real market that is constantly grabbing headlines: the global petroleum market. The analysis of this interactive multimedia case is based around those events that have affected the price of oil from 1970 to 2013.
Students will be presented with a series of historical events that affected the price of oil on the world market. They study each of these and then predict the effects on price by shifting the curves on the traditional supply and demand model.
The World Oil Prices interactive exercise has been used successfully across a range of masters programs, from Masters in Management through to MBA and executive programs. The material would be suitable for both undergraduate and postgraduate economics courses, once the initial supply and demand theory has been grasped.Academic Area:Economic Environment & Public Affairs
La economía de los Estados Unidos EC1-108-M
This multimedia case considers the development of the U.S. Economy up until 2005 detailing its achievements and shortfalls. It charts the history of the country and attempts to simulate the power of the nation on the rest of the world.
The case is separated into three main areas: an in-depth country analysis detailing key economic indicators and their progress an interactive timeline charting the history of the U.S. and a simulator which aids in the discussion of the effects of the U.S. economy on the rest of the world.Academic Area:Economic Environment & Public Affairs
Simulador de políticas económicas EC1-022-M
Beginning with the details of an unnamed country this interactive exercise lets students combine various economic policies to analyze their future impact (in the following two years) on the main macroeconomic indicators. The results and feedback given to students are expressed numerically and graphically.
Students also have access to the results of the combination of policies used throughout the exercise so that they can be compared. Said results can be printed for subsequent discussion.Academic Area:Economic Environment & Public Affairs
Gráfico interactivo de un mercado competitivo EC2-029-M
The purpose of this interactive tutorial is to help students learn and comprehend the effect of changes in the variables of supply and demand in a microeconomic market assuming perfect competition. Students can interact with both curves and see the equilibrium process in terms of prices and quantities exchanged. The program assumes that students are familiar with the underlying concepts of the graphic representation of a market with perfect competition.
For a better understanding of the main effects of the changes in the curves this graphic resource allows students to make only one move per curve and does not envisage changes in the curves´ elasticity. Students can interact with both curves (demand and supply) either separately or jointly. There are also simple exercises that enable students to test their comprehension of how the market works and check their answers through interaction with the graph.Academic Area:Economic Environment & Public Affairs
Gráfico interactivo de políticas de demanda agregada … EC2-026-M
This is an interactive tutorial that allows students to see the effect of changes in monetary and fiscal aggregate demand policies on the adjustment of the goods and services and asset markets.
The tool assumes that students have already studied the concepts underlying the adjustment processes of the goods and services market and the asset market. For a better understanding of the main effects of monetary and fiscal policies on the overall adjustment of both markets this graphic resource does not envisage simultaneous execution of both policies nor their effects on capital movements and exchange rates. The tool also contains some simple exercises that enable students to contrast their answers by using the interactive graph.Academic Area:Economic Environment & Public Affairs
Gráfico interactivo del tipo de cambio EC2-028-M
This interactive tool enables students to understand the impact of exchange rate fluctuations on the foreign exchange market in the short term. Students can interact with the variables of the currency demand and supply curves and see the effect on the exchange rate. This can be used by students on their own or by teachers to support their explanations in the classroom.
This interactive material enables students to learn and grasp the cause-effect relation of the variables that affect currency supply and demand and their impact on exchange rates in the short term. It assumes that they already know the theoretical concepts underlying the determination and adjustment of exchange rates. This resource also contains some exercises to test students’ comprehension of how the currency demand and supply curves work and cross-check their answers via the graph.Academic Area:Economic Environment & Public Affairs
Gráfico interactivo de la demanda agregada EC2-025-M
This interactive tutorial allows students to see the effect of changes in the economic variables that form part of aggregate demand. The purpose is to enable students to learn and comprehend the cause-effect relationship in the short term between the relevant economic variables. There are a number of interactive exercises that help students to understand how the aggregate demand curve works and answers can be checked against the graph.Academic Area:Economic Environment & Public Affairs
Balanza de Pagos EC2-019-M
In this interactive tutorial students will learn how to draft a balance of payments and see how it works. This is structured in three dynamics with very different objectives. The first two focus on an orderly or systematic drafting of a balance of payments defining its structure and assigning a place to each item and the corresponding items to each sub-balance. There are also exercises with some simple questions to test the students’ understanding of the measurement and interpretation of a balance of payments and some practical applications of using a balance of payments as an instrument for economic analysis.Academic Area:Economic Environment & Public Affairs
Gráfico interactivo del modelo de oferta y demanda EC2-027-M
The purpose of this interactive material is to enable students to learn and comprehend the cause-effect relationship in the full aggregate demand and supply (AD/AS) model and to observe the adjustment of the economy in the short and the long term. The program assumes that students are already familiar with the underlying concepts of the graphic representation of the AD/AS model.
The tool also includes a number of simple case studies that illustrate the capacity and limits of the model and explain certain real economic situations.Academic Area:Economic Environment & Public Affairs