Base Knowledge
Mathematical knowledge, namely in the area of functions, derivatives, systems and integrals.
Teaching Methodologies
The following teaching methodologies are used in this course: 1) Verbal methodologies (say), making use of pedagogical resources: Exhibition, Explanation and Dialogue; 2) Intuitive Methodologies (show), using pedagogical resources: Demonstration, Resolution of exercises / problems and Written Texts.
Learning Results
It is expected that at the end of the course each student will be able to:
a) Understand microeconomic phenomena;
b) Understand, evaluate and create forecast scenarios within the scope of the general equilibrium model of supply and demand;
c) Analyze and understand consumer behavior as a rational economic agent within the scope of utility theory;
d) Analyze and understand the behavior of the producer as a rational economic agent within the scope of the theory of production costs;
e) Classify, analyze and understand the various market structure situations
Program
CHAPTER 1 – INTRODUCTION AND CONCEPTS
The use and limitation of microeconomic theory
Why study microeconomics
Key concepts of microeconomic models
CHAPTER 2 – SIMPLE DEMAND AND SUPPLY MODEL
Demand curve Supply curve
Marketplace balance
Elasticities
Using the model
CHAPTER 3 – CONSUMER THEORY
Utility: ordinal and cardinal theory
Substitute goods and complementary goods
Preferences Static consumer balance
Impact of changes in income and prices on choices
CHAPTER 4 – PRODUCER THEORY
Companies and production
How to produce?
How much to produce?
CHAPTER 5 – MARKETS
Perfect Competition
Monopoly
Curricular Unit Teachers
Sílvia Margarida Dinis MendesGrading Methods
The assessment components that will be used in the assessment methods are as follows:
a) In the periodic evaluation:
a1) Three written tests, with weighting of 35%, 35% and 30%, respectively. The first two tests will be carried out during the academic period, with dates to be set by the teacher, and the last one will be carried out during the exam period corresponding to the normal period, in accordance with article 14 of the Academic Regulations of the 1st cycle of studies at ESTGOH. In addition, for each written test, the possibility of a bonus of 1 value (weighted to the respective percentage of each test, and the sum of the test grade and the respective bonus cannot exceed 20 values) if the student respects the following attendance:
- Attendance in at least 80% of classes that take place between the date of registration of each student and the completion of the 1st test.
- Attendance in at least 80% of classes that take place between the date of the 1st test and the 2nd test.
- Attendance in at least 80% of classes that take place after the 2nd test.
The only justifications for non-attendance accepted are those included in article 39 of the Academic Regulations for the 1st cycle of studies at ESTGOH.
a2) The final grade for the periodic assessment will be based on a weighted average of the grades obtained in the written tests.
a3) The student will be approved by the periodic assessment method if the result of the grade calculated in the previous paragraph is equal to or greater than 9.5 values.
b) In assessment by exam:
b1) A written global exam that will be carried out on the date of the final assessment exam in the normal period of the same curricular unit, in accordance with article 14 of the Academic Regulations of the 1st cycle of studies at ESTGOH.
b2) The student will pass this method if their grade in the overall written exam is higher than 9.5.
The exam assessment method will also be applied to the curricular unit in question, in the following Appeal and Special periods.
Internship(s)
NAO
Bibliography
Frank, R. (2013). Microeconomia e comportamento (8.ª ed.). McGraw-Hill.
Henriques, D. & Sousa, T. (2019). Introdução à Microeconomia, livro de exercícios (3.ª ed.). Escolar Editora.
Lobo, F. & Andrade, Carlos (2023). Princípios de Microeconomia. Edições Silabo.
Nabais, C., & Ferreira, R. (2012). Microeconomia: Lições e exercícios. Lidel.
Neves, J. (2023). Introdução à economia. Verbo. (12.ª ed.)
Mata, J. (2011). Economia da empresa (7.ª ed.). Fundação Calouste Gulbenkian.
Mateus, A., & Mateus, M. (2010). Microeconomia: Teoria e aplicações (Volumes I e II). Verbo.
Mateus, A. (2013). Economia portuguesa (4.ª ed.). Verbo. Edições Silabo.
Morgado, A. & Ferreira, P. (2021). Exercícios de Microeconomia (2.ª ed.). Rei dos Livros.
Pinho, M. (2022). Microeconomia, teoria e prática simplificada (5.ª ed.). Edições Silabo
Santos, A. & Ribeiro, S. (2020). Microeconomia- Exercícios Propostos e Resolvidos (2.ª ed.). Edições Silabo.
Samuelson, P., & Nordhaus, W. (2011). Microeconomia (18.ª ed.). McGraw-Hill.
Samuelson, P., & Nordhaus, W. (2011). Economia (19.ª ed.). McGraw-Hill.
Varian, H. (2014). Intermediate microeconomics (9th ed.). W. W. Norton & Company.