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European Union and Portuguese Economics

Code 12099
Year 2
Semester S2
ECTS Credits 6
Workload TP(60H)
Scientific area Economics
Entry requirements Non-applicable.
Mode of delivery Theoretical-practical.
Work placements No
Learning outcomes Objectives:
• Understand the dynamics of opening, integration, and internationalization of the Portuguese Economy;
• Operationalize a set of concepts acquired in previously studied subjects, applied to the Portuguese economy and European economy; and
• Train to look for and deal with statistical information available about the Portuguese economy and European economy.

Competencies:
• Use of economic theory to analyze economic policies and their results;
• Reading and understanding of technical reports, sector studies, prospective studies, scenarios, and statistical and economic approaches;
• Conducting economic studies on the industry, foreign direct investment, innovation, entrepreneurship, industrial and spatial clusters, commerce, and the financial system.
Syllabus 1. Evolution of the Portuguese Economy in the 20th Century
1.1. Stages of Portuguese Growth
1.2. Financial Crisis and Stabilization (1910-1930)
1.3. Great Depression and Creation of Precodonditions for Growth (1926-1950)
1.4. “Golden Period” of the Portuguese Economy Growth (1950-1974)
1.5. Introduction of Democracy and Macroeconomic Imbalances (1974-1984)

2. Integration into the European Union: Transition and Structural Adjustment
2.1. Actual and nominal convergence for the European Union
2.2. Portuguese business evolution
2.3. Evolution of the productive structure and economic cycles
2.4. Portugal's strategic position and competitiveness

3. Convergence, Policies and Structural Reforms in Portugal and Europe
3.1. Real convergence and new development policies
3.2. Portugal: And after the Troika and the Crisis(es)?
3.3. Europe of Regions and Economic Policy
3.4. Macroeconomic Scenarios for the Portuguese Economy (2000-2030)
Main Bibliography Alexandre, F.; L. Aguiar-Conraria; e P. Bação (2019), Crise e Castigo e o Dia Seguinte, Edição: Fundação Francisco Manuel dos Santos, outubro de 2019, Lisboa, ISBN: 9789898943910.
Amaral, L. (2021), Economia Portuguesa: As últimas Décadas, edição revista, Fundação Francisco Manuel dos Santos, Lisboa.
Leitão, J. (2012), Pode Portugal ser Competitivo e Empreendedor?, Editora Várzea da Rainha, Óbidos.
Leitão, J.; J. Ferreira. J.; e S. Azevedo (2008), Dimensões Competitivas de Portugal: Contributos dos Territórios, Sectores, Empresas e Logística, Editora Centro Atlântico, Vila Nova de Famalicão.
Mateus, A. (2013), Economia Portuguesa: Evolução no contexto internacional (1910-2013), Principia, 4.ª edição, Lisboa.
Palma, N. (2023), As Causas do Atraso Português: Repensar o passado para reinventar o presente, Dom Quixote.
Podcast: Oikonomia: A Economia da Casa https://open.spotify.com/show/2uI1eos2QS5Sp4tmpNUl3T
Teaching Methodologies and Assessment Criteria Theoretical-practical classes will analyse case studies, international and national reports, scientific articles, newspaper and magazine articles and opinion pieces on the national and international economic reality.

Assessment criteria include: (1) Written test: 50% of the final mark of the teaching and learning period; (2) Competitiveness of the Portuguese Economy (CPE), individual project report: 25% of the final mark of the teaching and learning period; and (3) CPE project presentation + discussion: 25% of the final mark of the teaching and learning period.
Language Portuguese. Tutorial support is available in English.
Last updated on: 2024-02-26

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