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Introduction to Economics

Code 13117
Year 1
Semester S1
ECTS Credits 3
Workload TP(30H)
Scientific area Economics
Entry requirements There are no entry requirements.
Mode of delivery Face-to-face.
Learning outcomes The course aims to:
1. Present the main tools needed to understand a world that is increasingly globalised and subject to economic dictates
2. Explore the various theories, their strengths and weaknesses, highlighting the plurality of reasons for the human behaviour involved in the various potential economic systems
3. Develop the critical ability to assess which thesis, among several, makes the most sense in the light of specific circumstances, political objectives and their moral values
4. Develop the ability to participate in debates on current economic issues and events
5. Develop students' ability to organise their work activities and communicate effectively
Syllabus Part I - Getting to know the economy
1. What is economics? Basic concepts
2. A brief history of economics
3. The different schools of economic thought
4. Who are the economic agents?
Part II - Using economics
1. economic indicators: production, income and happiness
2. Economic growth and sustainable development
3. Finance and economic crises
4. Inequality and poverty
5. Labour and unemployment
6. The role of the state
7. The international dimension
Main Bibliography - CHANG, Han-Joon, 2018, Economics: The User's Guide, Pelican Books
- SCHNEIDER, Geoffrey, 2022, Economic Principles and Problems: A Pluralist Introduction, Routledge
- MANKIW, Gregory, 2017. Principles of Economics 8th Edition, Cengage Learning
- SAMUELSON, Paul, NORDHAUS, William, 2009. Economics 19th Edition. Mcgraw-Hill Education – Europe


Support Materials Available on the Moodle UBI Platform.
Teaching Methodologies and Assessment Criteria The teaching methodology used in the curricular unit is both Theoretical and Practical. Classes are organized by combining the two teaching techniques. First, the main concepts of economic analysis are presented for each topic, discussing related real life examples; then, practical exercises are solved in order to apply and measure the studied concepts. Thus, students have the opportunity to develop their rationale regarding real life economic issues in a collective environment, but also as an autonomous task. The evaluation consists in two tests (45% each) and participation in and out of the classroom (10%).
Language Portuguese. Tutorial support is available in English.
Last updated on: 2024-09-16

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