Principles of Economics

Base Knowledge

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, Audiovisual Texts and Writings;3) Active methodologies (do), making use of the following educational resources: Exercises, debates about economic reality.

Learning Results

The discipline of economy aims to provide students with basic skills to understand the aggregated movements of contemporary market economies. The subject focuses on learning following results: a) Describe the macroeconomy as a science and to analyze the subject of macroeconomics. b) Identify the key macroeconomic variables and the main problems and macroeconomic issues, including unemployment, the business cycle, inflation. c) Measure and describe the overall functionning. Calculate the main macroeconomic aggregates. d) Understand and apply the concepts of microeconomics. e) To understand the methodology of logic economic of market . f) Solve simple problems using the methodology of economic logic and learned concepts.

Program

1. Introduction and Concepts.
2. History of Economic Thought.
3. The economic problem.
4. Quantitative Methods in Economic Analysis
4.1 Inflation. Actual values and nominal values.
5. Product, income and expense.
6. Economic Characterization of Families.
7. Simple Supply and Demand Model
7.1 Forms of state intervention in the model.
8. Market structures.

Grading Methods

Evaluation by exam
  • - Written test - 100.0%
Evaluation by frequency
  • - 1 written test - 35.0%
  • - 1 written test - 30.0%
  • - 1 written test - 35.0%

Internship(s)

NAO

Bibliography

Amaral, João F. et al. (2002), Introdução à Macroeconomia, Lisboa, Escolar Editora

Samuelson, Paul. e Nordhaus, W. (2005), Macroeconomia, Lisboa, McGraw-Hill

Samuelson, Paul. e Nordhaus, William (1999), Microeconomia, Lisboa, McGraw-Hil

Nabais, Carlos e Ferreira Ricardo (2015), Macroeconomia, Lições e Exercícios, Lidel.

Mateus, Abel e Mateus, Margarida (2001), Microeconomia – Teoria e Aplicações (Volumes I e II), Lisboa, Verbo

Dornbusch, R. e Fischer, S. (1998), Macroeconomia, Lisboa, McGraw-Hill

Mata, J. (2000), Economia da Empresa, Lisboa, Fundação Calouste Gulbenkian

Ferraz, A. (2002), Análise Macroeconómica:Teoria e Prática, Lisboa, Escolar Editora

Ferreira, Ricardo e Nabais, Carlos (2010), Microeconomia Lições e Exercícios, Lidel

Branson, W. H. (2001); Macroeconomia: teoria e prática; Fundação Calouste Gulbenkian, 2ª edição.

Santos, José et al. (2001), Macroeconomia: Exercícios, Lisboa, McGraw-Hill

Varian, H. R. (2000); Microeconomia, princípios básicos; Campus