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Macroeconomics

Code 12676
Year 1
Semester S1
ECTS Credits 6
Workload TP(60H)
Scientific area Economics
Entry requirements None.
Mode of delivery Daytime and Presential
Work placements Does not apply
Learning outcomes The curricular unit is designed to provide future graduates in Management with a set of theoretical and practical knowledge, and enable them to
understand the macroeconomic environment in which business decisions are taken.
Upon completion of the Curricular Unit students should be able to: understand the main macroeconomic issues; distinguish key macroeconomic aggregates; understand the behaviour determinants of the real and monetary economy in the long run, in what regards its essential aspects (output, employment, prices); differentiate the behaviour of an open economy from that of a closed economy; understand the determinants of the real economy in the short run.
Syllabus Chapter I: Introduction
1.1 Principles of Economics
1.2 Thinking like an Economist

Chapter II: Interdependence and the Gains from Trade

Chapter III: The Data in Macroeconomics
3.1 The Performance of a Country
3.2 The Cost of Living

Chapter IV: The Real Economy in the Long Run
4.1 Production and Economic Growth
4.2 Saving, Investment and Financial System
4.3 Unemployment

Chapter V: Money and Prices in the Long Run
5.1 Monetary Growth and Inflation
Main Bibliography Mankiw, N. Gregory (2018), Principles of Economics, 8th edition, Cengage Learning
César das Neves, João (2011), Introdução à Economia, 9ª Edição, Verbo
Sequeira, Tiago N. (2007), Sebenta de Exercícios de Macroeconomia I, UBI, Covilhã
Language Portuguese. Tutorial support is available in English.
Last updated on: 2023-01-24

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