Base Knowledge
Not necessary.
Teaching Methodologies
The following teaching methodologies are used in this curricular unit:
1) Verbal methods (say), making use of the following educational resources: Exposition, Explanation and Dialogue; 2)
Intuitive Methodologies (show), making use of the following educational resources: Demo, Resolutions of problems
and Texts and Writings;
Regarding the evaluation the following methods are used:
1) Evaluation by frequency, comprising: a) Written individual test.
2) Evaluation by examination, comprising: a) Written individual test.
Learning Results
The main objective is that students learn to think like economists, while business decision makers in different types of
markets, developing in students the ability to use tools of economic analysis applied to making the most efficient and
appropriate business management decisions. Specifically:
a) Understanding the dynamics of the market and its structure, and the consequences of strategic interaction between
firms in terms of market power, efficiency and well-being.
b) In competitive markets students should be able to predict the inputs and outputs of firms and deduct the offer firms
and the market.
c) Understand and know how to analyze the market concentration indices
d) They must be able to determine prices in firms with market power, identify the circumstances in which you can
practice different prices, and understand the interaction between game theory and economic theory.
Program
1. Market structures
1.1 Companies in competitive markets
1.2 Monopoly: the company with market power
1.3 Market power and collusion
2. Market structure and market power indices
3. Limits on market power: Regulation and control of prices
4. Strategic Oligopolies Models
4.1 Decision variable: quantity
4.2 Decision variable: price
4.3 The theory of games and oligopolies.
Grading Methods
- - Prova escrita individual. - 100.0%
- - Exame - 100.0%
Internship(s)
NAO