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Economics and Management

Economics and Management

Code	10284
Year	2
Semester	S2
ECTS Credits	6
Workload	TP(60H)
Scientific area	Economics and Management
Entry requirements	There are no entry requirements
Mode of delivery	Face-to-face
Work placements	Not applicable
Learning outcomes	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	1. Introduction 2. Market mechanisms 2.1. Demand 2.2. Supply 2.3. Equilibrium prices 2.4. Positive aspects and the limitations of the market 3. Market mechanisms under perfect competition and imperfect competition 3.1. Preliminary Notions 3.2. Monopoly 3.3. Monopolistic Competition 3.4. Oligopoly 3.5. Market failures and public intervention. 4. Management in organizations 4.1 - The management and managers 4.2 - Evolution of the management 4.3 - Concept and scope of organization 5. The company as an organization 5.1 - Concept and objectives of the company 5.2 - Resources and capabilities of the company 5.3 - The company and the environment 5.4 - Creation of the company 6. Organization, structure, functions and areas of the company
Main Bibliography	1. Samuelson, P. e Nordhaus, W. D. (2005). Economia, Lisboa, McGraw-Hill; 2. Krugman, P. e Wells, R. (2009). Economics, Second Edition, MIT Press; 3. Mankiw, N. Gregory. (2005) Principles of Economics, Fourth Edition, Thomson Learning. 4. ANJE (1997): “Manual da Apoio à criação de Empresas”, Edição da Associação Nacional de Jovens Empresários. 6. Carvalho, J.E. (2009). “Gestão de Empresas - Princípios Fundamentais: O futuro da gestão é a gestão do futuro”, Edições Silabo - ISBN: 978-972-618-555-0. 7. Firmino, M.B. (2010). “Gestão das Organizações: Conceitos e tendências actuais”, 4ª Edição, Escolar Editora - ISBN: 978-972-592-287-3. 8. Freire, A. (2008): “Estratégia – Sucesso em Portugal”, Verbo - ISBN: 978-972-221-829-0. 9. ANJE (2013): “Guia Prático – Como criar uma Empresa - Elaboração do Plano de Negócios”, Edição da Associação Nacional de Jovens Empresários. 10. Machado, C.; Davim, J.P. e outros. (2019): MBA para Gestores e Engenheiros. Edições Silabo, Lisboa, ISBN: 978-989-561-
Teaching Methodologies and Assessment Criteria	The primary aims of the module are to provide a clear and concise introduction to economic principles and key aspects of modern economies, while giving special attention to the interconnectedness between the economic environment and the business environment in modern economies. In accordance, the noteworthy economic and managerial theories are examined and debated extensively in the classroom. The theoretical knowledge is consolidated by empirical analysis of present day economic and managerial problems of modern economies and integrated and materialized in the subject areas taught in the class lectures.
Language	Portuguese. Tutorial support is available in English.