Code |
13924
|
Year |
2
|
Semester |
S2
|
ECTS Credits |
6
|
Workload |
TP(60H)
|
Scientific area |
Economics
|
Entry requirements |
N.A.
|
Learning outcomes |
• Understand the principles of economics and train to think like an economist; • Acknowledge the interdependence between agents and countries and the gains from trade; • Get knowledge of the sources of macroeconomic data and know how to represent the main variables in a graphic; • Know how to calculate the main macroeconomic aggregates using the principles of national accounting; • Know the differences between real and nominal variables and convert one into another; • Understand the determinants of economic growth, unemployment and prices in the long run; • Distinguish between the behavior of the closed and open economies; • Understand the determinants of short-run oscillations in the main macroeconomic variables.
|
Syllabus |
1 – Introduction 1.1 - Principles of Economics 1.2 - Thinking like an Economist 2 - Interdependence and Gains from Trade 3 - Data of Macroeconomics 3.1 - Income 3.2 - Cost of living 4 - The Real Economy in the Long Run 4.1 - Production and Economic Growth 4.2 - Savings, Investment and the Financial System 4.3 - Unemployment 5 - Money and Prices in the Long Run 5.1 - Money Growth and Inflation 6 - The Macroeconomics of Open Economies 6.1 - Basic Concepts 6.2 - The Macroeconomic Theory of Open Economies 7 - Short-Run Fluctuations 7.1 - Aggregate Demand and Supply 7.2 - The Short-Run Trade-Off between Inflation and Unemployment
|
Main Bibliography |
Mankiw, G. and M. Taylor (2017), Economics, 6th Edition, Cengage Learning (Parts 1, 9, 10, 11, 12, 13, 14)
|
Language |
Portuguese. Tutorial support is available in English.
|