Interdisciplinary Learning Courses

Finance for non-financial people (Home economics)

Finance for non-financial people (Home economics)   Finance for non-financial people (Home economics)
> Español

Interdisciplinary Learning CoursesFinance for non-financial people (Home economics)

Learn to improve your daily life through economics

It is true that, as in any other discipline of knowledge, economics is made up of various areas of specialization, each of which incorporates its own concepts and techniques, which are sometimes complex. Even after recognizing this fact, we must demystify economics and its different branches, because its basic and essential concepts can be presented and analyzed so that they are accessible and attractive for everyone.

In this subject, we will learn about concepts and tools that will help us understand the situations that we may find at home, at work, investments, daily purchases, savings, etc.
You will learn what loans, balance sheets, payrolls and taxes are, and how the treasury works. Everyday economics basics.

Learning Objectives

  • Understand the functioning of economics, in its macro and micro aspects.
  • Understand the impact of economics on everyday life.
  • Become familiar with economic, financial, labor and tax terminology.
  • Recognize the main elements of accounting and analysis of balance sheets and income statements.
  • Learn the basic pillars of financial calculations.
  • Know the operation of subsidies: application, documentation and justification.

Contents of the Subject

Finance for non-financial people (Home economics)

  • 1. Presentation of subject, professor and students.
  • 2. Introduction to the economy, economic flows.
  • 3. Macroeconomic and microeconomic variables.
  • 4. Market, supply and demand competition.
  • 5. Financial Markets and Financing: ECB, Euribor, Leverage, Leasing, Renting, Factoring, Confirming, Investment funds, Fixed and variable income.
  • 6. Accounting: accounting principles, chart of accounts, the seat.
  • 7. Accounting: balance sheet, profit and loss, treasury.
  • 8. Accounting and taxation.
  • 9. Accounting analysis: ratios.
  • 10. Simple and compound capitalization I.
  • 11. Simple and compound capitalization II.
  • 12. Fixed costs, variable costs, deadlock, treasury management.
  • 13. Payroll, parts of the payroll, quotes, bonuses...
  • 14. Subsidies.
  • 15. Closing lecture.


Ángel Román Professor of Finance for non-financial people (Home economics)

Ángel Román Escamilla

Bachelor's Degree in Economic and Business Sciences in the specialty of Quantitative Methods for Business at the UAM (Autonomous University of Madrid), and Master's Degree in Economic and Financial Management from the Center for Financial Studies.
Ángel Román has developed his professional career in the management of public, private and third sector institutions. He participated in the implementation of strategic plans for Rural Development, through the administration of LEADER programs, financed with EAFRD funds. He has also been part of the Rural Development Commission of the Spanish Federation of Municipalities and Provinces (FEMP).
Currently, in addition to teaching, he is a supporter of the Jicoteca Foundation, which is in charge of the management of a Residential Center for people over 45 years old with intellectual disabilities that are not seriously affected, and which has capacity for 21 users. This project is part of the agreement established between the Jicoteca Foundation, the Berzosa del Lozoya City Council and the Community of Madrid to develop the Strategic Plan for Comprehensive and Global Attention to the socially disadvantaged sectors in the Sierra Norte de Madrid.