Economia para Engenharia

Not applicable.

Expository classes, practical exercises (with guidance), work and debates in the classroom.

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 professor and the recommended bibliography.

a) Goals:

This course is designed for future engineers. The main goal is that students can acquire elementary, practical and fundamental skills on economic science, which should allow them to:

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

– Analyze and reflect on macroeconomic information and respective 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 specific problems, not only as consumers, but also from the perspective of the producer / seller;

– Participate in debates around economic science, managing to support and substantiate their own positions;

– To know the reality of the Portuguese and world economies through the analysis of a set of indicators.

b) Skills:

Students will learn to:

– Know the Economic Science and its postulates;

– Understand the rational decisions of consumers and producers;

– Know and differentiate the various types of market;

– Interpret the activities of the State;

– Know the reality of the Portuguese economy and the evolution of the world economy;

– Analyze a set of fundamental economic indicators (examples: GDP, inflation, unemployment, budget deficit, public debt, statistics on international trade);

– Have a critical spirit about the economic environment that surrounds them based on basic and fundamental knowledge of Economics;

– To interpret simple economics texts (including daily information published in the press), to understand the economic language and to be able to participate in debates.

Introduction to the Study of Economics
– Basic concepts, issues, and principles of economics.
– Axioms, assumptions, and models in economics.
– Microeconomics and macroeconomics.

Microeconomics
– Supply and demand
– Consumer behavior.
– Production and cost analysis.
– Market structures.
– Government intervention in the economy.

Overview of Macroeconomics
– Measuring Economic Activity.
– Consumption, Savings, and Investment.
– Inflation.
– International Trade.
– The Portuguese and Global Economies.
– Government Intervention in the Economy.

Students may choose one of the following assessment regimes:

- Option 1 - Final exam.

- Option 2 - Distributed assessment:

• 2 midterm exams (35% + 35%)
• Practical assignment(s) with a report and presentation (10%)
• Class attendance and participation (20%)
• A minimum score of 45% is required in each component
• A minimum of 75% class attendance is required

Assignments will be presented and defended in class; attendance is mandatory for all students.

Students must choose their assessment format by the end of the third week of classes; after that, the exam option will be assumed by default.

Participation will be evaluated based on class participation and responses to the challenges presented throughout the semester.

Students who have chosen the distributed assessment format and have not passed will only be able to take exams during 2nd call exam period.

Grades cannot be improved during the 1st call exam period.

NAO