Teaching Methodologies
The classes will be in-person, with theoretical knowledge being explained and combined with its application to solving practical exercises.
Learning Results
The intention is that the student, through attendance and approval in this discipline, acquires the following set of competencies in the field of economic analysis:
1. Identify and understand the basic principles of Economics.
2. Master fundamental economic concepts and know how to use economic reasoning.
3. Understand market mechanisms in a situation of perfect competition.
4. Identify the causes and effects on market equilibrium resulting from changes in demand or supply conditions.
5. Acquire knowledge and understanding of the determinants of competition, whether perfect or imperfect, in markets.
6. Understand consumer behavior.
Program
Introduction
0.1 Course Presentation
0.2 Major Economic Issues
Chapter I – Demand, Supply, and Prices
The Demand Curve
The Supply Curve
Market Equilibrium
Chapter II – Theory of Consumer Behavior
2.1. Rational Choice of the Consumer
2.2. Individual and Market Demand
2.3. Consumer Surplus
Chapter III – Theory of the Firm
3.1. Production
3.2. Costs
Chapter IV – Perfect Competition
4.1. Profit Maximization Principle
4.2. Determining the Production Level
Chapter V – Imperfect Competition
5.1. Origins of Market Power
5.2. Monopoly
5.3. Other Forms of Imperfect Competition
Internship(s)
NAO
Bibliography
Frank, R. H. (2013) “Microeconomia e Comportamento”, McGraw-Hill, 8ª ed.,
Frank, R. H. (2021) “Microeconomics and Behavior”, McGraw-Hill, 10th edition
Samuelson, P. e Nordhaus, W. (2019), “Economics”, McGraw Hill, 20th edition
Slides de apoio às aulas
Folhas de Exercícios a realizar nas aulas