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Electromechanical Engineering
Economics and Management

Economics and Management

Code	10877
Year	3
Semester	S1
ECTS Credits	6
Workload	T(32H)/TP(32H)
Scientific area	Economics and Management
Entry requirements	There are no entry requirements
Mode of delivery	The sessions are of theoretical and practical and the program is intended as a whole to reflect on the issues while empowering students with solid knowledge of the major theoretical-practical fundamentals. The first chapter provides a basic introduction to the issues the company and its environment. In chapter 2, we explore the essential components of entrepreneurship and business creation. In the last three chapters deals with the elements essential to encourage entrepreneurship. Students have the opportunity to identify, understand and apply the main tools of entrepreneurship and management, enabling them had developed a proposal for a business idea and develops a reporting company.
Work placements	NA
Learning outcomes	The objecyive of the course is to provide students with critical sense in the decisions taken at the level of economic policy; Show how to characterize, classify and to provide key elements for creating an organization; Provide students with some techniques to structure and process of decision making within the organization. At the end of UC students should be able to: Demonstrate knowledge of fundamental aspects of micro and macro-economic theory; Identify organizational models, the role of management (the manager) and the various areas and functions of a company; Understand how the company can interact with their environment and with the current position and how to formulate competitive strategies
Syllabus	Management Module 1. The Company 2. Entrepreneurship and business creation 3. General characterization of the company. 4. Organization, Structures and Functions of the Company 5. Report of the Company Economy Module 5. Introduction to Economics 5.1 The Economic Science 5.2 The fundamental economic problems 5.3 Production factors, economic agents and the economic system 5.4 Object and method of economic science 5.5 Economic models, production possibilities, labor specialization, trade economic and currency 5.6 The market: supply and demand curve 6. Microeconomic Analysis 6.1 Consumer theory: budget constraint, indifference curves and utility maximization, consumer demand curve
Main Bibliography	Donnelly, James, James Gibson e John Ivancevich (2000): Administração: Princípios de Gestão Empresarial, Alfragide: McGraw-Hill Portugal. Ferreira, Manuel Portugal; Santos, J. e Serra, F. (2008): “Ser Empreendedor – Pensar Criar e Moldar a Nova Empresa” Edições Sílabo, Lisboa. Lopes, Luís; Carvalho, Luísa; Avelar, Mafalda e Cracel, Patrícia (2007): Sucesso.pt – Casos de Excelência em Português, Booknomics, Lisboa. Silva, Maria José (2007): “Inovação e Empreendedorismo” e “Financiamento das Empresas de Base Tecnológica” in Manual de Dinamização de Empresas de Base Tecnológica, (Eds.) M. Raposo, M.J. Silva & R. Rodrigues, Universidade da Beira Interior, Covilhã Teixeira, Sebastião (2005): “Gestão das Organizações”, Alfragide: McGraw-Hill Portugal. Thompson, A.; Strickland, A. e Gamble, J. (2008) Administração estratégica, 15ª Edição, McGraw-Hill Portugal. Timmons, J.; Spinelli, S, (2007) New Venture Creation: Entrepreneurship for the 21st Century 7thEd. Prentice-Hall.
Language	Portuguese. Tutorial support is available in English.