Economia e Gestão Aplicada à Engenharia

Not applicable

Expository classes, practical exercises (with guidance) and works.

For a better performance, students must attend and participate in classes.

For an adequate study of the subject, they should not only use the notes collected in classes, but also consult all and study the materials provided by the teachers and the recommended bibliography.

1) Goals:

Being this course designed for future engineers, the main goal is that students can acquire elementary, practical and fundamental skills in economic science and in management, which should allow them to:

– Develop general knowledge in the field of economic science by understanding its fundamental principles;

– Analyse and reflect on macroeconomic information and its impacts on companies and families;

– Apply the theoretical concepts of Economics to the real world, creating the ability to reflect on real problems;

– Have the ability to solve concrete problems, not only as consumers, but as producers / sellers;

– Participate in debates around Economic Science managing to support and substantiate their own positions;

– Develop knowledge and understanding skills in the area of ​​Management, understanding the various functional areas existing in a company;

– Analyse the reality around us from the manager’s point of view;

– Acquire a critical, constructive and creative vision in future development projects in your area;

– Have the ability to apply the knowledge acquired in solving specific problems in business life, supported by their own arguments;

– Conduct a strategic analysis of a real company.

2) Skills:

Students will learn to:

– Become familiar with Economic Science and its postulates;

– Understand the rational decisions of consumers and producers;

– Analyse a set of fundamental economic indicators (e.g. GDP, inflation, unemployment, budget deficit, public debt);

– Develop a critical perspective on the economic environment around them, based on basic and fundamental knowledge of Economics;

– Interpret simple economics texts (including information published daily in the press), understand economic language and participate in debates;

Students will also learn to:

– Identify and interpret the various functions of an organisation;

– Understand and apply the main strategic analysis methods of an organisation;

– Become familiar with the history of the evolution of organisational thought;

– Understand Marketing and its strategic importance for an organisation;

– Recognise the key factors determining the motivation of an organisation’s various stakeholders;

– Understand the different types of leadership;

– Develop the ability to work in groups.

Economics:

– The origins of Economics;

– The postulates of Economics;

– The invisible hand;

– Scarcity, choice and opportunity cost;

– The law of supply and demand;

– Important macroeconomic concepts.

Management:

– Management, organisation and the firm;

– History of management thought;

– Marketing;

– Leadership;

– Business strategy.

Students will be able to choose one of the following assessment regimes:

Option 1 – General assessment scheme: This consists exclusively of taking the examination, which accounts for 100% of the final mark. This option is recommended for students who are unable to attend classes.

Option 2 – Continuous assessment scheme:
This consists of the completion, presentation and defence of a practical assignment (30%)*, students’ attendance and participation in classes (10%)**, and taking the examination (60%)***.

* The assignments will be presented and defended during class sessions, and students’ presence at this assessment moment is compulsory. If a student fails to attend the presentation and defence, they will be awarded 0.0 marks for this component, which accounts for 30% of the final mark.

** Attendance and participation in classes are valued. The greater the student’s attendance and involvement, namely through answering oral questions and solving and presenting exercises, the higher the mark obtained in this component, which represents 10% of the final grade.

*** Under this assessment scheme, a minimum mark of 8.0 is required in the examination. If the minimum mark of 8.0 is not achieved, the student’s final mark will correspond exclusively to the mark obtained in the examination.

NAO