Microeconomia

Base Knowledge

Mathematical knowledge, namely in the area of functions, derivatives, systems and integrals.

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), 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 Demand and elasticities
Using the model
CHAPTER 3 – CONSUMER THEORY
Utility 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

Internship(s)

NAO

Bibliography

Frank, R. (2013). Microeconomia e comportamento (8.ª ed.). McGraw-Hill.

Nabais, C., & Ferreira, R. (2012). Microeconomia: Lições e exercícios. Lidel.

Neves, J. (2001). Introdução à economia. Verbo.

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.

Pinho, M. (2019). Microeconomia, teoria e prática simplificada (4.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.