Macroeconomia

Knowledge of statistical analysis, namely in the field of descriptive statistics.

In this curricular unit, the following teaching methodologies are used: 1) Verbal Methodologies (say), making use of pedagogical resources: Exposition, Explanation and Dialogue; 2) Intuitive Methodologies (show), making use of pedagogical resources: Demonstration, Problem Solving and Written Texts;

It is expected that at the end of the course each student will be able to:

a) Understand macroeconomic phenomena;

b) Interpret studies, reports and news on current macroeconomic content;

c) Discuss and evaluate the behavior of economic series;

d) Know and evaluate the national accounting process;

e) Interpret and explain the meaning of macroeconomic aggregates;

f) Analyze and understand the Keynesian model;

g) Evaluate and/or estimate the impact of government policies on the Keynesian model.

1. Introduction

1.1 Economic science: basic principles, object and method

1.2 Microeconomic and Macroeconomic Analysis

1.3 Economic problem

1.4 Quantitative methods in economic analysis

1.5 Inflation. Actual values and nominal values

2. Measurement of Economic Activity

2.2 Economic circuit 2.3 National Accounting

3. Private Consumption and Investment

3.1 Private consumption

3.2 Savings for families

3.3 Investment

4.Public Finances

4.1 Choice Needs

4.2 State Functions

5. Foreign Trade and Balance of Payments

5.1 Exports

5.2 Imports

5.3 Balance of Payments

6. Income Determination Models (real market)

6.1 Classics and Keynesians

6.2 Basic Keynesian Model

6.3 Stated Keynesian Model

6.4 Keynesian model in open economy

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.

NAO