Macroeconomics

Acquired knowledge that allowed students to enter this degree.

Classes are theoretical-practical (TP)
In approaching the themes, audiovisual and digital media will be used to present the content
and examples that illustrate them, as well as practical cases and exercises to encourage active participation.
The pedagogical methods used will be:
the expository, the interrogative and the case study, enabling a practical, active approach with interaction
of students in order to facilitate the creation of ideas and confirmation of content
learned, as well as a strong approach to current market contexts

a)Skills to be acquired: 
The course aims to develop the student’s skills with regard to understanding the major
macroeconomic aggregates and how they interrelate.
b) Objectives:
Debate current macroeconomic issues;
Understand the role of economic policies;
Determine and interpret macroeconomic quantities;
Understand macroeconomic models;
Interpret multipliers;
Understand the dynamics of inflation and unemployment;
Contextualize State intervention in stimulating competitiveness and economic growth;
Distinguish economic growth from economic cycle.

I Introduction
II Measurement of economic activity
Output as a measure of economic activity
Product gap
Employment and unemployment
Measurement of price level and inflation
Inflation rate
Economic impacts of inflation/deflation
Nominal and real quantities
National Accounts
Conceptual and theoretical issues
Agents, operations, flows and stocks
Economic circuit
National Accounting Identities
III The State and public finances
Budget balances and deficits
Public debt
IV Consumption, Savings and Investment
Private consumption and household savings
Investment
V Multiplier Effects
Simple Keynesian Model
Monetary and Budgetary Policy
VI Model IS/LM
Product market and IS
Money market and LM
Simultaneous balance
Budgetary and monetary policies
VII Aggregate supply and aggregate demand
Aggregate search
Aggregate supply
Macroeconomic Balance
Shifts in aggregate supply and demand curves
VIII Growth and economic cycles

NAO

Dornbusch R., Fischer S., Startz R., (1998), “Macroeconomia”, McGraw-Hill, Lisboa, 7ª ed.;

Samuelson, P. e Nordhaus, W (2005), “Macroeconomia”, McGraw-Hill, Lisboa, 18ª ed;

Amaral, J. Ferreira, Louçã, F., Caetano, G., Fontainha, E., Ferreira, C., Santos, S.(2007), “Introdução à
Macroeconomia”, Escolar Editora, Lisboa, 2ª ed.

Sequeira, T., Neves, P., Santos, M. (2018). Macroeconomia – Exercícios, Ed Silabo;

Pinho, M. (2022). Macroeconomia – Teoria e Prática Simplificada, Ed Silabo;

Texts and exercises authored by the professor responsible for the discipline.