At the conclusion of this course, students will be able to describe the macroeconomic performance of an open economy, thus analyzing the various economic policies that a government can apply in such economies.

At the conclusion of this course, students will be able to describe the knowledge of macroeconomic models and relationships, adding the assumption of flexible prices to identify the impact of economic policy on prices, employment and production.

At the conclusion of this course, students will be able to analyze the costs and benefits associated with the choice of public policies, with an environmentally oriented approach. They will discuss the relationship between "sustainability" and efficiency as a central theme of this course, given the implications of distribution over time that the term "sustainable" has.

At the conclusion of this course, students will be able to understand the concepts of general equilibrium analysis, in contrast to the foundations developed in partial equilibrium. The course aims to introduce students to the issues of welfare economics, the theory of contracts and public choice.

At the conclusion of this course, students will be able to identify the behavior that gives rise to the structures of product and factor markets to implement economic strategies that optimize business profits.

At the conclusion of this course, students will be equipped with the tools needed to perform analyses of the tourism sector considering measures and actions necessary to ensure the sustainability of tourism projects.

At the conclusion of this course, students will be able to describe graphicall, conceptually, and mathematically the theory of different economic agents such as the consumer and producer in order to interpret and analyze concrete real situations.

At the conclusion of this course, students will be able to examine the trends in trade and investment in the world able and describe the different theories of international trade and its application in economic growth. They will also be able to analyze protectionist instruments and their economic effects on developing countries in order to understand the importance and impact of multinational companies.

At the conclusion of this course, students will have an overview of the economic foundations that gave rise to international trade and how it has been evolving.