This Postgraduate certificate in Basic Economics includes 300 hours of the best theoretical, practical and additional content. The latter is composed of material presented in different formats: detailed videos, research articles, complementary readings, self-knowledge exercises and much more! In addition, everything can be downloaded to any device with an Internet connection, so that the graduate can access it whenever they want and need it, even after completing this academic experience.

Have you ever taken a program based on the Relearning methodology? After passing this Postgraduate certificate you won't want anything else" 

Syllabus

This Postgraduate certificate has been developed so that the graduate can learn in detail the intricacies of Basic Economics applied to the financial sector. For this reason, its syllabus has been developed by experts in the area with a broad and extensive professional experience in the management of projects related to corporate finance and mathematics specialized in this field.  

Only this way has it been possible to shape a 12-week academic experience, with which the graduate will be able to acquire the most comprehensive knowledge based on the latest developments related to investment in the company, the tools of evaluation and structuring of capital and the planning of investments with risk. In addition, the syllabus also delves into different aspects of mathematics, such as the execution of different types of functions and optimization actions, as well as linear programming and integral calculus. 

Thanks to this, students will be able to perfect their skills, implementing the most effective management and leadership techniques to their professional competencies. This will enable them to become a true expert in the sector, opening the doors to a successful job market.

Module 1. Financial Operations
Module 2. Mathematics for Economists

A unique, key, and decisive educational experience to boost your professional development and make the definitive leap"

Where, When and How is it Taught?

TECH offers the possibility of developing this Postgraduate certificate in Basic Economics completely online. Over the course of 12 weeks, you will be able to access all the contents of this program at any time, allowing you to self-manage your study time.

Module 1. Introduction to Corporate Finance 

1.1. Introduction to Corporate Finance

1.1.1. The Financial Environment of the Company

1.1.1.1. The Company’s Financial Objective
1.1.1.2. The Financial Needs of the Company

1.1.2. The Role of Financial Management

1.2. Investment in the Company

1.2.1. Classification of Investments in the Company
1.2.2. Phases for Analyzing Investments

1.3. Evaluation of Investments

1.3.1. Evaluation of Investments: NPV, IRR and Payback

1.3.1.1. The Annual Net Present Value (NPV) Criteria
1.3.1.2. The Internal Rate of Return (IRR) Criteria
1.3.1.3. Acceptance and Management of Investment Projects According to the NPV and IRR Criteria

1.3.2. The Payback Period Criteria

1.4. Analysis of the Variables Involved in Investment Decision-Making

1.4.1. Criteria for the Determination of Cash Flows

1.4.1.1. Criteria for the Cash Flow Design
1.4.1.2. General Structure for the Cash Flows Design
1.4.1.3. Classification of Cash Flows
1.4.1.4. Residual or Scrap Value

1.5. The Company’s Financing

1.5.1. Sources of Financing
1.5.2. Types of Financing Costs

1.5.2.1. Cost of Equity Capital
1.5.2.2. The Cost of Debt
1.5.2.3.The Weighted Average Cost of Capital (WACC) in the Valuation of Investment Projects

1.6.  The Capital Structure

1.6.1. Optimal Capital, Shareholders and Taxes

1.6.1.1. Capital Structure: Theories and Concepts
1.6.1.2. Maximization of Company Value versus Maximization of Shareholders’ Interests
1.6.1.3. The Influence of Taxes on the Capital Structure Decision
1.6.1.4. Limits on the Use of Debt

1.7. Bond Valuation

1.7.1. Bond Investment Strategies

1.7.1.1. Bond Investment Concepts, Classification and Strategies
1.7.1.2. Behavior of Market Interest Rates
1.7.1.3. Basic Bond Valuation Model
1.7.1.4. Yield and Return Measures

1.8. Valuation of Shares

1.8.1. Stock Market
1.8.2. Valuation of Shares

1.9. Investments with Risk

1.9.1. Risk Classification
1.9.2. Markowitz’s Optimal Investment Portfolio
1.9.3. Risk and Return. The CAPM model

Module 2. Mathematics for Economists 

2.1. Multi-Variable Functions

2.1.1. Terminology and Basic Mathematical Concepts
2.1.2. Definition of IRn in IRm Functions
2.1.3. Graphic Representation
2.1.4. Types of Functions

2.1.4.1. Scaled Functions

2.1.4.1.1. Concave Function and Its Application to Economic Research
2.1.4.1.2. Convex Function and Its Application to Economic Research
2.1.4.1.3. Level Curves

2.1.4.2. Vectorial Functions
2.1.4.3. Operations with Functions

2.2. Multi-variable Real Functions

2.2.1. Function Limits 2.2.1.1. Point Limit of an IRn in IRm Function

2.2.1.2. Directional Limits
2.2.1.3. Double Limits and Their Properties
2.2.1.4. Limit of an IRn in IRm Function

2.2.2. Continuity Study of Multi-variable Functions
2.2.3. Function Derivatives. Successive and Partial Derivatives. Concept of Differential of a Function
2.2.4. Differentiation of Compound Functions: Chain Rule
2.2.5. Homogeneous Functions

2.2.5.1. Properties
2.2.5.2. Euler’s Theorem and Its Economic Interpretation

2.3. Optimization

2.3.1. Definition
2.3.2. Searching and Interpreting Optimum
2.3.3. Weirstrass’ Theorem
2.3.4. Local-Global Theorem

2.4. Unconstrained and Constrained Equality Optimization

2.4.1. Taylor’s Theorem Applied to Multi-variable Functions
2.4.2. Unconstrained Optimization
2.4.3. Constrained Optimization

2.4.3.1. Direct Method
2.4.3.2. Interpreting Lagrange Multipliers

2.4.3.2.1. Hessian Matrix

2.5. Optimization with Inequality Constraints

2.5.1. Introduction
2.5.2. Necessary First-order Conditions for the Existence of Local Optima: Kuhn-Tucker’s Theorem and Its Economic Interpretation
2.5.3. Globality Theorem: Convex Programming

2.6. Lineal Programming

2.6.1. Introduction
2.6.2. Properties
2.6.3. Graphic Resolution
2.6.4. Applying Kuhn-Tucker Conditions
2.6.5. Simplex Method
2.6.6. Economic Applications

2.7. Integral Calculus: Riemann’s Integral

2.7.1. Definition and Application in Economics
2.7.2. Properties
2.7.3. Integrability Conditions
2.7.4. Relation between Integrals and Derivatives
2.7.5. Integration by Parts
2.7.6. Change of Variables Integration Method

2.8. Applications of Rienmann’s Integral in Business and Economics

2.8.1. Distribution Function
2.8.2. Present Value of a Cash Flow
2.8.3. Mean Value of a Function in an Enclosure
2.8.4. Pierre-Simon Laplace and His Contribution

2.9. Ordinary Differential Equations

2.9.1. Introduction
2.9.2. Definition
2.9.3. Classification
2.9.4. First Order Differential Equations

2.9.4.1. Resolution
2.9.4.1. Bernoulli’s Differential Equation

2.9.5. Exact Differential Equations

2.9.5.1. Resolution

2.9.6. Greater Than One Ordinary Differential Equations (with Constant Coefficients)

2.10. Finite Difference Equations

2.10.1. Introduction
2.10.2. Discrete Variable Functions or Discrete Functions
2.10.3. First-order Linear Finite Difference Equations with Constant Coefficients
2.10.4. Order Linear Finite Difference Equations with Constant Coefficients
2.10.5. Economic Applications

You will learn to handle the most complex and sophisticated financial tools for investment evaluation and variable analysis”

Mastering the keys to Basic Economics will allow graduates interested in this area to establish alternative (and more effective) uses of those available to the entity of which they are a part, which will help them to achieve higher professional success. For this reason, the objective of this Postgraduate certificate is to provide students with the academic tools that will allow them to develop an exhaustive knowledge of the keys to corporate finance and mathematics for economics, while adapting their profile to the labor demand of today's market.

The more ambitious your academic goals are, the more you will be able to get the most out of this Postgraduate certificate”

TECH makes the goals of their students their own goals too.
Working together to achieve them.

The Postgraduate certificate in Basic Economics qualifies student to:

1. Define the fundamental elements that make up Corporate Finance
2. Analyze the variables involved in investment decision making in order to maximize the economic value of the organization 
3. Recognize the economic realities in one or more differential equations from an economic perspective  
4. Interpret the results of optimization problems
5. Assess the possible consequences of alternative actions