Economic Environment

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  1. 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
  2. Gráfica de un mercado en competencia perfecta EC2-109-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
  3. La economía de Cuba (1959-2009) EC1-118

    Cuba has been ruled for over 50 years by a socialist centralized system, with Fidel Castro as a supreme leader until 2007, when his brother Raul Castro took over power. Until the falling of the Berlin Wall, Cuba depended upon the Soviet Union’s economic support. After this geopolitical shift, the Caribbean country faced a new situation with light reforms that temporarily alleviated the suffering economy of Cuba. However, until 2009 there had been no real compromise, nor structural reforms necessary to transition towards a market economy. When Raul Castro sat on the driver’s seat, the possibility of political and economic change seemed closer.

    Academic Area:
    Economic Environment
  4. 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
  5. Portugal: Los desequilibrios económicos EC1-120

    This case investigates how drastic changes in politics within short periods of time in Portugal in the 70s and 80s didn’t help the country grow but instead helped it to sink further into poverty as well as how after gaining a small amount of stability the country’s situation started to improve the economic indicators. In this case students will learn to see that the majority of times extreme changes in a country’s politics only make it further worsen with every change until a point of stability is reached.

    Academic Area:
    Economic Environment
  6. World Oil Prices EC1-115-I-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
  7. India 2007: ¿Un gigante dormido? EC1-111

    For many years after its independence the Indian economy emphasized on central planning. In 1990 it starts its road towards market economy, which is responsible for robust economic growth and increase in the urban middle-class. However, wealth distribution remained a huge challenge, alongside poor infrastructure, bureaucracy, labor market rigidity and regulation of foreign investment. The quick expansion of domestic demand, increase in deficits, inflationary pressures and huge and growing population placed a serious threat to the government’s policies.

    Academic Area:
    Economic Environment
  8. Turquía 2007: Crisis, poscrisis y convergencia hacia … EC1-112

    Turkey is finally accepted as a candidate to belong to the EU. However, its economic, political and social situation, added to unresolved issues with Cyprus, Greece and their southern neighbors (from the region of Kurdistan) reveal that there are things that could delay their process.

    This case starts with the financial crisis of Turkey in 2001. It delves into the reasons that lead to the crisis, the key events in this period and, finally, the consequences on the post-crisis era. 

    Academic Area:
    Economic Environment
  9. Finlandia 2007: ¿Una competitividad sostenible? EC1-110

    This case illustrates the evolution of the Finnish economy since it entered the EU, as well as the development of its social welfare system and the sustainability of its competitiveness in the future. It shows the peculiarities of its economic model, with special focus on those that could be multiplied in other Eurozone countries that wish to have such a competitive economy that also worries about the welfare of its citizens, like Finland.

    Academic Area:
    Economic Environment
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