Current Topics in Economic Policy EC2-112-I
This note provides an exhaustive review of economic policy and is broken into six parts that explain historical, conceptual and economic policy elements necessary for understanding the current state of the global economy. It begins by covering a historical review of world policy and goes into detail about how the economy of various countries has developed, especially after the Second World War. The second part covers fiscal policy and focuses on aspects of public sector activity such as taxation, budget and deficit financing as well as recessions, how they affect different classes and how social suffering is distributed through fiscal and macroeconomic adjustments. The third part discusses how money affects economic activity and employment and the effects of expanding the money supply using historical examples. The next part provides details on the policies and events around the world leading to the Great Recession. Then, the economy of Latin America and its recessions are discussed, with a special focus on Venezuela, Brazil, Mexico and Chile. Lastly, the text goes into exchange rate policy and describes different regimes and how the regime is selected for different countries.Academic Area:Economic Environment & Public Affairs
Economic Superpowers EC2-110-I-M
This interactive tutorial focuses on GDP and its importance as an indicator of economic well-being. Using the information provided, students will make GDP predictions for the world's largest economies, for the next 15 years. After justifying their reasoning the application will automatically simulate their results and create a student-specific GDP ranking for the future.
Students also have the opportunity to rank the importance of a series of factors for deciding the growth rates of each nation. A professor's page compiles the results of the class and when displayed in class encourages a lively debate.Academic Area:Economic Environment & Public Affairs
Graph of a Perfectly Competitive Market EC2-109-I-M
This interactive tool explains the adjustment in short and long term of the market and the enterprise under the theory of perfect competition. It allows for the interaction of both dimensions and to see the equilibrium process in terms of profits losses prices and exchanged quantities.
The documentation includes graphs with explanations of the shifts as well as exercises with feedback.Academic Area:Economic Environment & Public Affairs
Conic Sections AR2-003-I-M
This multimedia documentation develops the topic of conic sections. Diverse examples of the use of conic sections in architecture are shown as well as many interactive exercises and various animations that allow students to practice the theory studied and help in their understanding.
This multimedia documentation is made up of the following sections: the circumference ellipse parabola and hyperbola.Academic Area:Others | Architecture
Moment of a force AR2-002-I-M
Multimedia documentation that develops the concept of movement of a force. Several examples exercises applied to architecture and different animations are included so that students can learn and practice this concept of physics.
The last section has been developed as a challenging game students have to make the calculations for the construction of a slanted building making sure that its foundations can resist the movement produced by wind and the building’s weight.Academic Area:Others | Architecture
Interactive graph of aggregate demand policies EC2-026-I-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
Interactive graph of exchange rates EC2-028-I-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
Interactive graph of aggregate demand EC2-025-I-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
Interactive graph of a competitive market EC2-029-I-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