Economy

Base Knowledge

Mathematical knowledge in the area of ​​functions, derivatives and systems resolution.

Teaching Methodologies

In this curricular unit the following teaching methodologies are used: 1) Verbal Methodologies (say), making use of the pedagogical resources: Exhibition, Explanation and Dialogue; 2) Intuitive Methodologies (show), making use of pedagogical resources: Demonstration, Audiovisuals and Written Texts; 3) Active Methodologies (to do), making use of pedagogical resources.

Learning Results

The Economics course aims to provide students with the first skills to understand the aggregate movements of contemporary market economies. The course focuses on the following learning outcomes: a) Describe macroeconomics as a science and analyze the object of macroeconomics. b) Identify the fundamental macroeconomic variables and the main macroeconomic problems and issues, namely unemployment, the economic cycle, inflation and the external deficit. c) Measure and describe the overall functioning. Calculate the main macroeconomic aggregates. d) Analyze the basic macroeconomic models e) Understand and apply the concepts of Microeconomics. f) To learn the methodology of economic logic. g) Solve simple problems using the methodology of economic logic and the concepts learned.

Program

1. Introduction and Concepts

1.1 History of economic thought

1.2 Classical Political Economy

1.3 Marginalism and the Neoclassical current

1.4 Keynes and Keynesianism

1.5 The economic problem

 

2. Quantitative methods in economic analysis

2.1 Inflation. Actual and nominal values.

 

3. Product, income and expense

3.1 Perspectives for calculating GDPpm

3.2 Other macroeconomic aggregates

 

4. Economic Characterization of Families

4.1 Consumption function

4.2 Saving function

 

5. Simple Supply and Demand Model

5.1 Demand curve

5.2 Supply Curve

5.3 Market balance

 

6. Markets

6.1 Perfect competition

6.2 Monopoly

Curricular Unit Teachers

Grading Methods

Periodic Assessment
  • - Test 2 - 35.0%
  • - Test 1 - 35.0%
  • - Test 3 - 30.0%
Final evaluation
  • - Exam - 100.0%

Internship(s)

NAO

Bibliography

Amaral, J. F., Louçã, F., Caetano, G., Fontainha, E., Ferreira, C. & Santos, S. (2007). Introdução à Macroeconomia (2.ª ed.). Escolar Editora.
Branson, W. H. (2001). Macroeconomia: teoria e prática. Fundação Calouste Gulbenkian.
Dornbusch, R. & Fischer, S. (2020). Macroeconomia (11.ª ed.). McGraw-Hill
Ferraz, A. (2002). Análise Macroeconómica:Teoria e Prática. Escolar Editora
Mata, J. (2021). 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.
Nabais, C., & Ferreira, R. (2012). Microeconomia: Lições e exercícios. Lidel.
Samuelson, P. & Nordhaus, W. (2011). Macroeconomia (19.ª ed.). McGraw-Hill.
Samuelson, P., & Nordhaus, W. (2011). Microeconomia (18.ª ed.). McGraw-Hill.
Santos, J., Aubyn, M., Braga, J. & Pina, A. (2016). Macroeconomia (4.ª ed.). Escolar Editora.
Varian, H. (2014). Intermediate microeconomics (9th ed.). W. W. Norton & Company.