Introduction to the Program

You have an excellent opportunity to advance professionally in a business field where it is essential to master economics and statistics in order to grow"

Any business strategy must be based on solid precepts, focused from an economic perspective, not only to obtain maximum performance, but also to achieve stability, which allows continuous and stable growth. To achieve these objectives, it is necessary to have a global vision of the economy and to master the main concepts that revolve around it and the statistics applied to the company.

This knowledge has become a key asset for companies seeking to expand or consolidate in sectors that are generally highly competitive. All this has led to the revaluation of highly qualified profiles in this area. That is why TECH offers in this Hybrid Master's Degree, an intensive learning, which will be developed over a year.

In this academic journey, students will have a theoretical phase, with an advanced syllabus that can be accessed comfortably at any time of the day, from an electronic device with internet connection. In addition, they will have multimedia teaching resources (video summaries of each topic, videos in focus), essential readings or case studies. In this way, students will learn about business administration , statistics, mathematics, new technologies used in economics and econometrics.

Likewise, thanks to the Relearning method, which consists of the reiteration of the most important concepts, the graduate will be able to consolidate the contents in a much more natural way, reducing the long hours of study.

This academic institution offers a unique opportunity for professionals who wish to prosper in their work environment or wish to undertake major projects. All this, through a degree that expands the knowledge, with a practical stay of 3 weeks, in a prestigious company, where you can apply the learning acquired in the theoretical stage. An opportunity to grow from the hand of specialized professionals and with a degree that is at the forefront.

Acquire an education that provides you with the elements you need to successfully manage a company"

This Hybrid Master's Degree in Business Economics and Statistics contains the most complete and up-to-date program on the market. Its most outstanding features are:

  • Development of more than 100 case studies presented by experts in economics and statistics
  • Its graphic, schematic and eminently practical contents, with which they are conceived, gather current and assistance information on those administrative disciplines that are essential for professional practice
  • In-depth knowledge of the Human Resources area, as well as its characteristics and management models
  • Interactive learning system based on algorithms for decision making on the practical cases presented
  • Practice guides for the use of the main tools in Human Resources administration
  • All of this will be complemented by theoretical lessons, questions to the expert, debate forums on controversial topics, and individual reflection assignments
  • Content that is accessible from any fixed or portable device with an Internet connectionIn addition, the graduate will be able to do an internship in an important company

TECH gives you the opportunity to spend an intensive 3-week stay in a prestigious center, where you will learn firsthand the latest techniques and methods of economic planning"

In this proposal of Hybrid Master's Degree, of professional character and blended mode, the program is aimed at keeping up to date professionals of the field of economics who develop their functions in relevant companies, and who require a high level of qualification. The contents are based on the latest scientific evidence, and oriented in a didactic way to integrate theoretical knowledge in economic and statistical practice, and the theoretical-practical elements will facilitate the actualization of knowledge and will allow decision making in a competitive business world.

Thanks to its multimedia content elaborated with the latest educational technology, they will allow the economics professional a situated and contextual learning, that is to say, a simulated environment that will provide an immersive learning programmed to train in real situations. This program is designed around Problem-Based Learning, whereby the professional must try to solve the different professional practice situations that arise throughout the program. For this purpose, the student will be assisted by an innovative interactive video system created by renowned experts.

Broaden your professional horizons with a degree that gives you a current micro and macroeconomic vision"

Broaden your knowledge of Econometrics through multimedia lessons and attractive didactic resources"

Syllabus

TECH has designed an academic path that will take students over 12 months to acquire advanced knowledge of Business Economics and Statistics. To do so, they will have a quality syllabus made up of multimedia teaching resources, specialized readings and practical case studies. In addition, you will complete your education with an internship in a leading company in your sector, where you will be able to apply the concepts acquired and enhance your skills in this field. A complete education with which you will boost your professional career.

You have at your disposal, 24 hours a day, a multimedia resource library with advanced material that will help you grow professionally"

Module 1. Business Administration: Introduction and Organization

1.1. The Company and its Components

1.1.1. The Concept of Business
1.1.2. Functions and Classifications of Business Objectives
1.1.3. Entrepreneurship
1.1.4. Types of Companies

1.2. The Company as a System

1.2.1. Concepts of the System
1.2.2. The models
1.2.3. Company Subsystems
1.2.4. Subsystem of Values

1.3. The Company Setting

1.3.1. Setting and Value
1.3.2. General Environment
1.3.3. Specific Environment
1.3.4. Analysis Tools

1.4. Management Function

1.4.1. Basic Concepts
1.4.2. What Does it Mean to Manage a Company?
1.4.3. Decision-Making
1.4.4. Leadership

1.5. Business Planning

1.5.1. Business Plan
1.5.2. Elements of Planning
1.5.3. Stages
1.5.4. Planning Tools

1.6. Business Control

1.6.1. Concept, Types and Terminology
1.6.2. Management Control
1.6.3. Quality Control
1.6.4. Balanced Scorecard

1.7. Business Organization

1.7.1. Basic Concepts
1.7.2. Organizational structure
1.7.3. Cultural Dimensions
1.7.4. Model Structures

1.8. Management of Human Resources

1.8.1. Motivation
1.8.2. Recruitment and Selection
1.8.3. Personnel Training
1.8.4. Performance Assessment

1.9. Elements of Marketing and Finance

1.9.1. Concept and Stages
1.9.2. Marketing and the Markets
1.9.3. Strategic Marketing
1.9.4. Relationship and Synergies

Module 2. Introduction to Economics

2.1. Introduction to Supply, Demand, Equilibrium and Market Changes

2.1.1. Economics: Principles and Definitions

2.1.1.1. Economic Principles and Concepts
2.1.1.2. Micro and Macro Economics
2.1.1.3. Resource Scarcity
2.1.1.4. Basic Economic Models

2.1.2. Opportunity Cost

2.1.2.1. Analysis
2.1.2.2. Net Present Value

2.1.3. The Break-even Point

2.1.3.1. Concept
2.1.3.2. Type of Costs
2.1.3.3. Calculation and Results

2.2. Demand, Supply and Market Preferences

2.2.1. Markets and Market Types

2.2.1.1. The Concept of Market
2.2.1.2. Types of Markets
2.2.1.3. The Nature of Products

2.2.2.  Market Demand

2.2.2.1. Definition and Conceptualization
2.2.2.2. Determinants of Demand

2.2.3. Market Supply

2.2.3.1. Definition and Conceptualization
2.2.3.2. Determination of Supply
2.2.3.3. The Influence of Competition

2.2.4. Equilibrium and Statics

2.2.4.1. Comparative Statics
2.2.4.2. Uses of Comparative Statics
2.2.4.3. Economic Equilibrium
2.2.4.4. Dynamic Balance

2.3. The Budget Constraint and the Consumer's Equilibrium

2.3.1. Budget Constraints and Travel

2.3.1.1. Concept
2.3.1.2. Slope of the Equilibrium Line
2.3.1.3. Movements on the Equilibrium Line

2.3.2. Optimal Choice

2.3.2.1. Concept
2.3.2.2. Indifference Curve
2.3.2.3. Utility Function

2.3.3. Optimal Choice

2.3.3.1. Concept
2.3.3.2. Indifference Curve
2.3.3.3. Utility Function

2.4. Consumer and Producer Surplus. The Efficiency of Competitive Equilibrium

2.4.1. Consumer and Producer Surplus

2.4.1.1. Law of Diminishing Returns
2.4.1.2. Supply and Demand Curve
2.4.1.3. Increasing and Decreasing Marginal Utility

2.4.2. The Efficiency of Competitive Equilibrium

2.4.2.1. Concept
2.4.2.2. The Mathematical Conditions of Short-Run Equilibrium
2.4.2.3. The Mathematical Conditions of Long-Run Competitive Equilibrium

2.5. Price Ceilings and Floors, the Effect of an Indirect Tax

2.5.1. Price Ceilings and Floors

2.5.1.1. Conceptualization
2.5.1.2. Maximum Price
2.5.1.3. Minimum Price

2.5.2. Effect of an Indirect Tax

2.5.2.1. Definition and Major Concepts
2.5.2.2. Legal and Economic Impact
2.5.2.3. Economic Impact Analysis

2.6. Price Elasticity of Demand and Elasticity Determinant Factors

2.6.1. Price Elasticity of Demand

2.6.1.1. Concepts
2.6.1.2. Factors that Determine Price Elasticity of Demand
2.6.1.3. Total Income and Elasticity

2.6.2. Summary of Elasticity Types

2.6.2.1. Perfectly or Infinitely Elastic
2.6.2.2. Perfectly or Infinitely Inelastic
2.6.2.3. Greater and Less Than 1
2.6.2.4. Equal to 0

2.7. Elasticity of Cross-Demand and its Analytical Calculation

2.7.1. Cross Elasticity

2.7.1.1. Context
2.7.1.2. Concepts and Definitions
2.7.1.3. Substitute Goods and Independent Goods

2.7.2. Analytical Calculation

2.7.2.1. Formula
2.7.2.2. Calculations and Examples

2.8. The Production Function and Yields

2.8.1. Production Function

2.8.1.1. Basic Assumptions
2.8.1.2. Total Production
2.8.1.3. Average Production
2.8.1.4. Marginal Production

2.8.2. Law of Diminishing Returns

2.8.2.1. Concept
2.8.2.2. Graph and Interpretations
2.8.2.3. Returns to Scale

2.9. Short-Term and Long-Term Costs

2.9.1. Cost Functions

2.9.1.1. Definitions and Concepts.
2.9.1.2. Company Costs
2.9.1.3. Formulation and Representations

2.9.2. Short-Term Costs

2.9.2.1. Concept and Definitions
2.9.2.2. Types of Short-Term Costs
2.9.2.3. Formulation

2.9.3. Long-Term Costs

2.9.3.1. Concept and Definitions
2.9.3.2. Types of Long-Term Costs
2.9.3.3. Formulation

2.10. Basic Economic Data

2.10.1. Economic Activity

2.10.1.1. Conceptualization
2.10.1.2. Economic growth
2.10.1.3. The Public Sector
2.10.1.4. General Objectives

2.10.2. Price Indexes and Market Indicators

2.10.2.1. Conceptualization
2.10.2.2. Simple and Complex Indexes
2.10.2.3. Nominal GDP
2.10.2.4. Real GDP

2.10.3. Circular Income Flow

2.10.3.1. Conceptualization
2.10.3.2. Types of Flow: Real and Monetary
2.10.3.3. Public Sector Intervention

2.11. Monetary Policies

2.11.1. Money and its Circulation

2.11.1.1. Conceptualization and Objectives
2.11.1.2. The Demand for Money
2.11.1.3. Money Circulation

2.11.2. Equilibrium in the Money Market and Monetary Policy

2.11.2.1. Market Equilibrium
2.11.2.2. Open Market Operations
2.11.2.3. Conventional and Unconventional Monetary Policy

2.12. Structures and Market Types

2.12.1. Market Structures

2.12.1.1. The Concept of Market
2.12.1.2. Perfect and Imperfect Competition
2.12.1.3. Monopoly
2.12.1.4. Oligopolies and Duopolies
2.12.1.5. Monopsonies
2.12.1.6. Oligopsonies

2.13. Non-Competitive Markets

2.13.1. Monopolistic Market Competition

2.13.1.1. The Concept of Monopoly
2.13.1.2. The Social Cost of Monopolies
2.13.1.3. Price Discrimination

2.13.2. Oligopoly Market Competition

2.13.2.1. The Concept of Oligopoly
2.13.2.2. Different Types of Oligopolies

2.14. Aggregate Demand and Supply Model

2.14.1.  Aggregate Demand

2.14.1.1. Concept
2.14.1.2. Calculation Basis
2.14.1.3. Aggregate Demand Curve

2.14.2. The Keynesian Multiplier

2.14.2.1. Concept
2.14.2.2. The Effects Caused by the Multiplier
2.14.2.3. Calculation Basis

2.14.3. Aggregate Supply

2.14.3.1. Concept
2.14.3.2. Factors
2.14.3.3. Variations

2.15. International Economic Relations

2.15.1. International Trade

2.15.1.1. Basic Concepts
2.15.1.2. Exchange Rate and Terms of Trade
2.15.1.3. Trade Policy Instruments

2.15.2. Balance of Payments and Exchange Rate Theories

2.15.2.1. Balance of Payments
2.15.2.2. Exchange Rate Theories

Module 3. Business Mathematics

3.1. Basic Elements of Linear and Matrix Algebra

3.1.1. The Vector Space of IRn , Functions and Variables

3.1.1.1. Graphical Representation of Sets in R
3.1.1.2. Basic Concepts of Functions of Several Real Variables. Operations with Functions
3.1.1.3. Function Types
3.1.1.4. Weierstrass Theorem

3.1.2. Optimization with Inequality Constraints

3.1.2.1. Two-Variable Graphical Method

3.1.3. Function Types

3.1.3.1. Separate Variables
3.1.3.2. Polynomial Variables
3.1.3.3. Rational Variables
3.1.3.4. Quadratic Forms

3.2. Matrices: Types, Concepts and Operations

3.2.1. Basic Definitions

3.2.1.1. Matrix of Order m by n
3.2.1.2. Square Matrices
3.2.1.3. Identity Matrix

3.2.2. Matrix Operations

3.2.2.1. Matrix Addition
3.2.2.2. Scalar Multiplication
3.2.2.3. Matrix Multiplication

3.3. Transpose

3.3.1. Diagonalizable Matrix
3.3.2. Transpose Properties

3.3.2.1. Involution

3.4. Determinants: Calculation and Definition

3.4.1. The Concept of Determinants

3.4.1.1. Determinant Definition
3.4.1.2. Square Matrix of Order 2.3 and Greater Than 3

3.4.2. Triangular Matrices

3.4.2.1. Determinant of Triangular Matrices
3.4.2.2. Determinant of Non-Triangular Square Matrices

3.4.3. Properties of Determinants

3.4.3.1. Simplifying Calculations
3.4.3.2. Calculation in any Case

3.5. Invertable Matrices

3.5.1. Properties of Invertable Matrices

3.5.1.1. The Concept of Inversion
3.5.1.2. Definitions and Basic Concepts

3.5.2. Invertable Matrix Calculation

3.5.2.1. Methods and Calculation
3.5.2.2. Exceptions and Examples

3.5.3. Expression Matrices and Matrix Equations

3.5.3.1. Expression Matrices
3.5.3.2. Matrix Equations

3.6. Solving Systems of Equations

3.6.1. Linear Equations

3.6.1.1. Discussion of the System. Rouché–Capelli Theorem
3.6.1.2. Cramer's Rule: Solving the System
3.6.1.3. Homogeneous Systems

3.6.2. Vector Spaces

3.6.2.1. Properties of Vector Spaces
3.6.2.2. Linear Combination of Vectors
3.6.2.3. Linear Dependence and Independence
3.6.2.4. Coordinate Vectors
3.6.2.5. The Basis Theorem

3.7. Quadratic Forms

3.7.1. Concept and Definition of Quadratic Forms
3.7.2. Quadratic Matrices

3.7.2.1. Law of Inertia for Quadratic Forms
3.7.2.2. Study of the sign by eigenvalues
3.7.2.3. Study of the Sign by Minors

3.8. Functions of One Variable

3.8.1. Analysis of the Behavior of a Magnitude

3.8.1.1. Local Analysis
3.8.1.2. Continuity
3.8.1.3. Restricted Continuity

3.9. Limits of Functions, Domain and Image in Real Functions

3.9.1.  Multi-variable Functions

3.9.1.1. Vector of Several Variables

3.9.2. The Domain of a Function

3.9.2.1. Concept and Applications

3.9.3. Function Limits

3.9.3.1. Limits of a Function at a Point
3.9.3.2. Lateral Limits of a Function
3.9.3.3. Limits of Rational Functions

3.9.4. Indeterminacy

3.9.4.1. Indeterminacy in Functions with Roots
3.9.4.2. Indetermination 0/0

3.9.5. The Domain and Image of a Function

3.9.5.1. Concept and Characteristics
3.9.5.2. Domain and Image Calculation

3.10. Derivatives: Behavior Analysis

3.10.1. Derivatives of a Function at a Point

3.10.1.1. Concept and Characteristics
3.10.1.2. Geometric Interpretation

3.10.2. Differentiation Rules

3.10.2.1. Derivative of a Constant
3.10.2.2. Derivative of a Sum or Differentiation
3.10.2.3. Derivative of a Product
3.10.2.4. Derivative of an Opposite Function
3.10.2.5. Derivative of an Compounds Function

3.11. Application of Derivatives to Study Functions

3.11.1. Properties of Differentiable Functions
3.11.2. Valuation of Economic Quantities
3.11.3. Differentiable Functions

3.12. Function Optimization for Several Variables

3.12.1. Function Optimization

3.12.1.1. Optimization with Equality Constraint
3.12.1.2. Critical Points
3.12.1.3. Relative Extremes

3.12.2. Convex and Concave Functions

3.12.2.1. Properties of Convex and Concave Functions
3.12.2.2. Inflection Points
3.12.2.3. Growth and Decay

3.13. Antiderivatives

3.13.1. Antiderivatives

3.13.1.1. Basic Concepts
3.13.1.2. Calculation Methods

3.13.2. Immediate Integrals

3.13.2.1. Properties of Immediate Integrals

3.13.3. Integration Methods

3.13.3.1. Rational Integrals

3.14.  Definite Integrals

3.14.1. Barrow's Fundamental Theorem

3.14.1.1. Definition of the Theorem
3.14.1.2. Calculation Basis
3.14.1.3. Applications of the Theorem

3.14.2. Curve Cutoff in Definite Integrals

3.14.2.1. Concept of Curve Cutoff
3.14.2.2. Calculation Basis and Operations Study
3.14.2.3. Applications of Curve Cutoff Calculation

3.14.3. Mean Value Theorem

3.14.3.1. Concept and Closed Interval Theorem
3.14.3.2. Calculation Basis and Operations Study
3.14.3.3. Applications of the Theorem

Module 4. Microeconomics

4.1. Microeconomics: Welfare and Typology of Market Failures

4.1.1. Microeconomics

4.1.1.1. Microeconomics Principles and Concepts
4.1.1.2. Production
4.1.1.3. Consumer Sovereignty
4.1.1.4. Economic Agents

4.1.2. Welfare and Typology of Failures

4.1.2.1. Concept of Welfare
4.1.2.2. Net Present Value
4.1.2.3. Typology of failures, limitations in the market

4.2. Public Intervention. Externalities and Public Goods

4.2.1. Public Intervention

4.2.1.1. The Existence of Public Goods
4.2.1.2. State Intervention

4.2.2. Externalities

4.2.2.1. Internal Costs
4.2.2.2. External Costs or Negative Externality
4.2.2.3. External Benefits
4.2.2.4. Environmental Poilicy

4.3. Simultaneous Games: Normal Representation, Rationality and Information

4.3.1. Simultaneous Games

4.3.1.1. Concept
4.3.1.2. Representation
4.3.1.3. Applications

4.3.2.  Types of Simultaneous Games

4.3.2.1. Symmetrical and Asymmetrical Simultaneous Games
4.3.2.2. Other Types

4.3.3. History of Game Theory

4.4. Dynamic Games: Extensive Representation, Perfect and Imperfect Information

4.4.1. Extensive Form Representation

4.4.1.1. From Extensive to Normal Form: Strategy

4.4.2. Backward Introduction and Sub-Game Perfect Nash Equilibrium

4.4.2.1. Sequential Rationality and Nash Equilibrium
4.4.2.2. Backward Introduction Procedure
4.4.2.3. Subgames with perfect information

4.4.3. Stackelberg's Duopoly Model

4.4.3.1. Concept
4.4.3.2. Applications

4.5. Oligopoly Characteristics and Models

4.5.1. Oligopoly Characteristics

4.5.1.1. Conceptualization
4.5.1.2. Difference between Oligopoly and Monopoly
4.5.1.3. Business Interdependence

4.5.2. Oligopoly Models

4.5.2.1. Differentiated
4.5.2.2. Concentrated
4.5.2.3. Duopolies

4.5.3. Barriers to Market Entry

4.5.3.1. Oligopoly Practices
4.5.3.2. Causes and Consequences

4.6. The Public Sector and Oligopolies

4.6.1. Different Models

4.6.1.1. Cournot Competition Model
4.6.1.2. Stackelberg Competition Model

4.6.2. The Public Sector

4.6.2.1. Public Sectors and Innovation
4.6.2.2. Sector Failures
4.6.2.3. Oligopolies Worldwide

4.7.  Monopolistic Competition

4.7.1. The Concept of Monopoly

4.7.1.1. Context
4.7.1.2. Concepts and Definitions

4.7.2. Characteristics of Markets

4.7.2.1. Examples of Markets
4.7.2.2. Imperfect Competition

4.8. Differentiation, Equilibrium and Comparison between Perfect and Monopolistic Competition

4.8.1. Differentiation

4.8.1.1. Concepts
4.8.1.2. Features
4.8.1.3. Highlights

4.8.2. Balance

4.8.2.1. Concept
4.8.2.2. Marginal Cost
4.8.2.3. Producers
4.8.3. Comparison

4.9. Consumer Choice Theory

4.9.1. Preferences

4.9.1.1. Consumer Choice Theory
4.9.1.2. Basket of Goods
4.9.1.3. Preferences and Restrictions
4.9.1.4. Binary Relation

4.9.2. Indifference Curve

4.9.2.1.  Concept and Definitions
4.9.2.2. Curve Maps

4.9.3. Utility Function

4.9.3.1. Concept and Definitions
4.9.3.2. U-Level Functions
4.9.3.3. Formulation and Types of Axioms

4.10. Individual Demand Curves

4.10.1. Individual Demand

4.10.1.1. Conceptualization
4.10.1.2. Examples:

4.10.2.  Demand Curves

4.10.2.1. Conceptualization
4.10.2.2. Determinants of Demand
4.10.2.3. Change in the Amount of Demand
4.10.2.4. Change in Demand

4.11. Intertemporal Choice

4.11.1. Intertemporal Preferences

4.11.1.1. Marginal Rate of Time Preference (MRTP)
4.11.1.2. Decreasing MRTP
4.11.1.3. Current Period and Uncertainty

4.11.2. Interest Rate and Discounted Value

4.11.2.1. Real Interest Rate
4.11.2.2. Present Value
4.11.2.3. Budget Constraint

4.12. Social Choice under Uncertainty and Risk

4.12.1. Risk Description

4.12.1.1. Analysis of Decisions
4.12.1.2. Expected Value
4.12.1.3. Fair Play
4.12.1.4. Variability
4.12.1.5. Deviations

4.12.2. Risk Preferences

4.12.2.1. Expected Utility
4.12.2.2. Risk-Averse Individuals
4.12.2.3. Risk-Neutral Individuals
4.12.2.4. Risk-Loving Individuals
4.12.2.5. Risk Premium and Value of Certainty

4.12.3. Risk Reduction

4.12.3.1. Diversification
4.12.3.2. Actuarial Justice
4.12.3.3. Reservation Price

4.13. Asymmetric Information

4.13.1.  Asymmetric Information

4.13.1.1. Adverse Selection
4.13.1.2. Moral Hazard
4.13.1.3. Asymmetric Information Theory

Module 5. Statistics I

5.1. Introduction to Statistics

5.1.1.  Basic Concepts
5.1.2.  Types of Variables
5.1.3.  Statistical Information

5.2. Data Record Sorting and Classifying

5.2.1. Description of Variables
5.2.2. Frequency Distribution Table
5.2.3. Quantitative and Qualitative Frequency Distribution Tables

5.3. ICT Applications and Practical Systems

5.3.1. Basic Concepts
5.3.2. Data Science
5.3.3. Data Representation

5.4. Summary Statistics I

5.4.1. Descriptive Statistics
5.4.2. Centralization Measurements
5.4.3. Measures of Dispersion
5.4.4. Measures of Shape and Position

5.5. Summary Statistics II

5.5.1. Box Plots
5.5.2. Identifying Outliers
5.5.3. Transformation

5.6. Statistical Analysis of the Relationship between the Two Variables

5.6.1. Tabulation
5.6.2. Contingency Tables and Graphical Representations
5.6.3. Linear Relationship between Quantitative Variables

5.7. Time Series and Index Numbers

5.7.1. Time Series
5.7.2. Rates of Change
5.7.3. Index Numbers
5.7.4. Consumer Prices Index (CPI) and Deflated Time Series

5.8. Introduction to Probability: Calculation and Basic Concepts

5.8.1. Basic Concepts
5.8.2. Set Theory
5.8.3. Probability Calculation

5.9. Random Variables and Probability Distributions

5.9.1. Random Variables
5.9.2. Variable Measurements
5.9.3. Function of Probability

5.10. Probability Models for Random Variables

5.10.1. Probability Calculation
5.10.2. Discrete Random Variables
5.10.3. Continuous Random Variables
5.10.4. Models Derived from Normal Distribution

Module 6. Introduction to ICTs

6.1. Information Systems: Features, Functions and Types

6.1.1. Introduction to ICTs
6.1.2. Principles
6.1.3. Features
6.1.4. Beginnings
6.1.5. Advantages and Disadvantages.
6.1.6. Typology
6.1.7. Types of Information Systems
6.1.8. Business Processes

6.2. Information Systems: Influence, Competitive Advantage and Strategies Based on Networks and Web 2.0

6.2.1. ICT Influences
6.2.2. Current
6.2.3. Global
6.2.4. Competitive Advantages
6.2.5. Strategies Based on Web 2.0
6.2.6. Network Strategies

6.3. Information and Communication Technologies (ICTs)

6.3.1. Components
6.3.2.  Concept
6.3.3.  Types of Components
6.3.4.  Applications
6.3.5. Infrastructure Evolution
6.3.6. History
6.3.7. Current Situation and Development
6.3.8. ICT Infrastructure Administration
6.3.9.  Drivers

6.3.10. Administration.

6.4. Hardware and hardware trends

6.4.1. Hardware
6.4.2. Concept
6.4.3. Hardware Evolution
6.4.4. Hardware and Software Classification
6.4.5. Hardware Trends
6.4.6. Data Processing
6.4.7. Accelerating Processes
6.4.8. Storing Processed Data
6.4.9. Graphic Visualization

6.5. Integration of Processing and Telecommunication Platforms

6.5.1. Integration.
6.5.2. Conceptualization
6.5.3. Evolution
6.5.4. Business Interdependence
6.5.5. Integration and Competition
6.5.6. Integration Tools
6.5.7. Big Data

6.6. Processing Modes, Virtualization and Multi-Core Processors

6.6.1. Different Models
6.6.2. Multiprocessor Systems
6.6.3. Concept of Processing
6.6.4. Virtualization
6.6.5. Requirements
6.6.6. Hypervisors
6.6.7. Paravirtualization

6.7. Software and Software Platforms

6.7.1. Software
6.7.2. Context
6.7.3. Concepts and Definitions
6.7.4. Applications
6.7.5. Software Platforms
6.7.6. Current Platforms
6.7.7. The Evolution of Platforms

6.8. Java Language and Business Application Integration

6.8.1. Java
6.8.2. Concepts
6.8.3. Features
6.8.4. Highlights
6.8.5. Business Applications Architecture
6.8.6. Concept
6.8.7. Integration in Companies
6.8.8. Transcoding
6.8.9. Adapting Semantic Content

6.9. Networks: Corporate Networks and Connectivity Technologies

6.9.1. Corporate Networks and Connectivity Technologies
6.9.2. Transformation
6.9.3. Connectivity in Companies
6.9.4. Connectivity Solutions
6.9.5. Transmission Types and Means
6.9.6. Concept and Definitions
6.9.7. Transmission Maps

6.10. Internet, the Web, Web 2.0 and Web 3.0

6.10.1. What Is the Internet?
6.10.2. Conceptualization
6.10.3. Applications
6.10.4. Web 1.0
6.10.5. Conceptualization
6.10.6. Static Content
6.10.7. Dissemination
6.10.8. Web 2.0
6.10.9. Conceptualization
6.10.10. Dynamic Content
6.10.11. Development
6.10.12. Web 3.0
6.10.13. Conceptualization
6.10.14. Multidevice Content
6.10.15. The Intelligent Web

6.11. Business Tools for Communication and Coordination

6.11.1. Business Tools
6.11.2. Distance Management
6.11.3. Planning Communication
6.11.4. Coordination Methods
6.11.5. International Coordination
6.11.6. International Coordination
6.11.7. Concept of Online

6.12. Traditional File Organization, Data Management Systems, and Data Warehouses and Mining

6.12.1. Data Storage.
6.12.2. Data Analysis
6.12.3. Types of Storage
6.12.4. Type of Storable Information
6.12.5. Data Variability
6.12.6. Data Management Systems
6.12.7. Balanced Scorecard
6.12.8. Planning Process
6.12.9. Management Indicators
6.12.10. Data Mining
6.12.11. Concept
6.12.12. Computational Complexity Theory
6.12.13. Trends

6.13. Company Systems: Business Management and Decision Support Systems

6.13.1. Decision Support Systems
6.13.2. Support Systems: DSS
6.13.3. Decision Making Based on Data Management
6.13.4. Business Management Processes
6.13.5. Concept of Management
6.13.6. Stages of the Process

6.14. E-Commerce

6.14.1. e-Commerce Significance
6.14.2. Concept
6.14.3. B2B
6.14.4. Implications
6.14.5. e-Commerce Challenges
6.14.6. Main Types of e-Commerce
6.14.7. Types of e-Commerce
6.14.8. Trading Markets
6.14.9. Evolution and Repercussion
6.14.10. Expansion
6.14.11. Global Repercussion

Module 7. The World Economy

7.1. An Overview of the Economy

7.1.1. Assessment and Integration in the European Communities

7.2.  Production System: Structure and Sectoral Change

7.2.1. Sectorial Evolution

7.3. The External Sector in the Economy

7.3.1.  The External Sector

7.4. The Public Sector in the Economy

7.4.1. The Public Sector

7.5. The Financial System

7.5.1. The Financial System Structure and Monetary Policy

7.6. The Labor Market 

7.6.1. Characteristics of the Labor Market

7.7. International Development and Economic Challenges

7.7.1. Challenges in our Century

7.8. International Trade

7.8.1. The Importance of International

7.9. International Investment Flows

7.9.1. Types, Trends and Financial Markets

7.10. The International Financial and Monetary System

7.10.1. Current System, Institutions and Globalization

7.11. Economic Integration

7.11.1. Process and Effects

7.12. Economic Information Analysis

7.12.1. Steps in the Analysis

Module 8. Macroeconomics

8.1. From Microeconomics to Macroeconomics. The Objectives of Macroeconomics

8.1.1. Differences between Microeconomics

8.1.1.1. Concept and Analysis
8.1.1.2. Fundamental Processes
8.1.1.3. Comparative Analysis

8.1.2. Macroeconomic Objectives

8.1.2.1. Objectives
8.1.2.2. Objective Evolution

8.2. Economic Policy Instruments

8.2.1. Concept

8.2.1.1. Description
8.2.1.2. Evolution

8.2.2. Instruments

8.2.2.1. Institutions
8.2.2.2. Globalization
8.2.2.3. Detailed Analysis

8.2.3. International Instruments

8.2.3.1. Concepts and Definition
8.2.3.2. International Management

8.3. Aggregate Production

8.3.1.  Aggregate Production Theory

8.3.1.1. Concepts
8.3.1.2. Origin of Theory
8.3.1.3. Applications

8.3.2. Aggregate Production Function

8.3.2.1. Yields and Constants
8.3.2.2. Production Factors
8.3.3. Applications

8.4. Unemployment and Inflation Measurement

8.4.1. Unemployment Measurement

8.4.1.1. Concept and Definitions
8.4.1.2. Unemployment Impacts
8.4.1.3. Measurement and Instruments

8.4.2. Inflation

8.4.2.1. Demand-Pull Inflation
8.4.2.2. Cost-Push Inflation
8.4.2.3. Structural Inflation

8.5. The Demand for Goods: Consumption, Investment and Public Spending

8.5.1. General Concepts

8.5.1.1. Important Definitions
8.5.1.2. The Consumer Market and Total Demand of Goods

8.5.2. The Components of GDP

8.5.2.1. Consumption
8.5.2.2. Investments
8.5.2.3. Public Spending

8.6. Determination of Equilibrium Production

8.6.1. Concepts

8.6.1.1. Definition and Characteristics
8.6.1.2. Differences between Savings and Investment

8.6.2. Profitability

8.6.2.1. Profitability Ratio
8.6.2.2. Stocks, Bonds and Mutual Funds
8.6.2.3. Introduction to Liquidity

8.7. Money, Demand, Banking Systems and Money Supply

8.7.1. Money

8.7.1.1. Functions
8.7.1.2. History & evolution
8.7.1.3. Legal Tender

8.7.2. Money Creation Process

8.7.2.1. Money Supply
8.7.2.2. Liquid Assets

8.8. Money Market Equilibrium: Determination of the Interest Rate

8.8.1. Monetary Base

8.8.1.1. Money Creation
8.8.1.2. Money Destruction

8.8.2. Central Banks

8.8.2.1. Types of Rediscount
8.8.2.2. Open Market Operations
8.8.2.3. Monetary Policy

8.8.3. Market Equilibrium

8.8.3.1. The Keynesian and Neoclassical Schools of Thought
8.8.3.2. LM (Liquidity-Money) Curve
8.8.3.3. Curve Displacements

8.9. The goods market and the IS relation, financial markets and the LM relation, the IS-LM model

8.9.1. The Goods Market and the IS Relationship

8.9.1.1. Concepts and Definitions
8.9.1.2. Basic Model
8.9.1.3. Sales Level and Interest Rate

8.9.2. Financial Market and the LM Relationship

8.9.2.1. Determination of Interest Rate
8.9.2.2. The LM Relationship and LM Curve
8.9.2.3. IS-LM Set Analysis

8.10. Fiscal Policy and Monetary Policy

8.10.1. Fiscal Policies

8.10.1.1. Restrictive Fluid Therapy
8.10.1.2. Expansive Policies
8.10.1.3. IS Curve Conditions

8.10.2. Monetary Policies

8.10.2.1. Restrictive and Expansive Policies
8.10.2.2. LM Curve Conditions

8.11. The Goods Market Opening: Exports, Imports and Exchange Rates

8.11.1. Situation and Outlook

8.11.1.1. Definition and Concepts
8.11.1.2. Outlook Update

8.11.2. Tools and Means

8.11.2.1. Analysis Types and Structure
8.11.2.2. Growth Indicators
8.11.2.3. IMF Interventions

8.12. Financial Market Opening: Balance of Payments, the Relationship between Interest Rate and Exchange Rate

8.12.1. Balance of Payments

8.12.1.1. Balance of Capital
8.12.1.2. Balance of Trade and Services

8.12.2. Type of Change

8.12.2.1. Supply and Demand of Foreign Currencies
8.12.2.2. Exchange Rate Regimes

8.12.3. Sterilization Policies

8.12.3.1. International Monetary Market
8.12.3.2. Covered Interest Rate Parity

8.13. Equilibrium in Goods Market, Financial Markets and Aggregates in an Open Economy

8.13.1. IS Curve

8.13.1.1. Part of the economic analysis
8.13.1.2. Balance

8.13.2. LM Curve

8.13.2.1. Part of the economic analysis
8.13.2.2. Balance

8.14. Changes in Domestic and Foreign Demand

8.14.1. Components

8.14.1.1. Definitions
8.14.1.2. Types of demand
8.14.1.3. Compensation Measures

8.14.2. Macrocompensation components

8.15. The Effects of Fiscal Policy in an Open Economy

8.15.1. Open Economy Models

8.15.1.1. Exports
8.15.1.2. Imports
8.15.1.3. Demand for financial assets

8.15.2. Foreign Exchange and Goods Market

8.15.2.1. Definitions
8.15.2.2. Global economic effects

Module 9. Statistics II

9.1. Probability: Random Variables

9.1.1. Random Experiments
9.1.2. Axioms of Probability
9.1.3. Elementary Properties

9.2. Probability Models

9.2.1. Random Variables
9.2.2. Bernoulli’s Distribution
9.2.3. Binomial Distribution
9.2.4. Multinomial Distribution

9.3. Calculating Probabilities and Critical Points with R

9.3.1.  Normal or Gaussian Distribution
9.3.2. R  Commander
9.3.3. Properties

9.4. Statistical Inference: Some Preliminary Concepts

9.4.1. Definition and Preliminary Concepts
9.4.2. Binomial Distribution and Calculation
9.4.3. Normal Curve and Calculation

9.5. Point Estimators: Sampling Distributions and Properties

9.5.1. General Concepts of Sampling Distribution
9.5.2. Point Estimation
9.5.3. Interval Estimation

9.6. Confidence Intervals (CI): Mean, Proportion, Variance. CI in Two Populations

9.6.1. Intervals for One or Several Samples
9.6.2. The Bootstrap Method
9.6.3. Bayesian Intervals

9.7. Hypothesis Testing in Statistical Inference Methods

9.7.1. Statistical Hypothesis Testing
9.7.2. Region of Rejection and Acceptance
9.7.3. Decision Rules

9.8. Particular Cases: Population Mean, Variance and Proportion. Parametric Contrasts

9.8.1. Known and Unknown Variances
9.8.2. Likelihood Ratio
9.8.3. Equality Test

9.9. Chi-Squared Goodness-of-Fit Test

9.9.1. Data Grouping
9.9.2. Critical Region
9.9.3. Expected Frequency

9.10. Normality Assumption Test: Jarque-Bera Test

9.10.1. Significant Variables
9.10.2. Central Limit Theorem
9.10.3. Estimators, Histogram

9.11. Hypothesis of Independence with Two Qualitative Variables

9.11.1. Concept of Independent Variables
9.11.2. Observed and Expected Frequencies
9.11.3. Calculating the Contrast Ratio

9.12. Simple Linear Regression Models and Point Estimation

9.12.1. Regression and Linear Correlation Coefficient
9.12.2. Parameter Inference
9.12.3. Model Assumptions

9.13. Confidence Interval and Regression Lines

9.13.1. Linear Functions and Regression
9.13.2. Simple Linear Regression
9.13.3. Exogenous and Endogenous Variables

9.14. Predictions and Applications of Information and Communication Technology

9.14.1. Theoretical and Conceptual Framework
9.14.2. Collection and Analysis Techniques
9.14.3. General and Specific Objectives

9.15. Multiple Regression Models and Point Estimation

9.15.1. Hypothesis and Estimation
9.15.2. Types of Error and Model Adjustments
9.15.3. Linear Model Extensions

9.16. Global Significance Test of Regression

9.16.1. ANOVA Table
9.16.2. Multicollinearity

Module 10. Econometrics

10.1. The Ordinary Least Squares (OLS) Method

10.1.1. Linear Regression Models
10.1.2. Types of Content
10.1.3. General Line and OLS Estimation

10.2. OLS Method in Other Scenarios

10.2.1. Abandoning Basic Assumptions
10.2.2. Method Behavior
10.2.3. Effect of Measurement Changes

10.3. Properties of OLS Estimators

10.3.1. Moments and Properties
10.3.2. Variance Estimation
10.3.3. Matrix Forms

10.4. OLS Variance Calculation

10.4.1. Basic Concepts
10.4.2. Hypothesis Testing
10.4.3. Model Coefficients

10.5. Hypothesis Testing in Linear Regression Models

10.5.1. T-Contrast
10.5.2. F-Contrast
10.5.3. Global Contrasts

10.6. Confidence Intervals

10.6.1. Objectives
10.6.2. In a Coefficient
10.6.3. In a Combination of Coefficients

10.7. Specification Problems

10.7.1. Use and Concept
10.7.2. Types of Problems
10.7.3. Unobservable Explanatory Variables

10.8. Prediction in Linear Regression Models

10.8.1. Prediction
10.8.2. Average Value Intervals
10.8.3. Applications

10.9. Residual Analysis in Linear Prediction

10.9.1. Objectives and General Concepts
10.9.2. Analysis Tools
10.9.3. Waste Analysis

10.10.  Qualitative Variables in GLRM I

10.10.1. Fundamentals
10.10.2. Models with Various Types of Information
10.10.3. Linear Metrics

10.11.  Qualitative Variables in GLRM II

10.11.1. Binary Variables
10.11.2. Use of DummyVariables
10.11.3. Time Series

10.12.  Autocorrelation

10.12.1. Basic Concepts
10.12.2. Consequences
10.12.3. Contrast

10.13.   Heteroscedasticity

10.13.1. Concept and Contrasts
10.13.2. Consequences
10.13.3. Time Series

The teaching materials of this program, elaborated by these specialists, have contents that are completely applicable to your professional experiences"

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