| Code |
15449
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| Year |
1
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| Semester |
S2
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| ECTS Credits |
6
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| Workload |
TP(60H)
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| Scientific area |
Economics
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Entry requirements |
Not applicable.
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Learning outcomes |
1.Introduce the main analytical tools applied in economic analysis;
2.Explain the concepts of demand and supply and the role of consumers, producers, market structures, and government in determining market and economic outcomes;
3.Explain the concepts of aggregate demand and supply, levels of economic activity, prices and employment, as well as economic fluctuations, the balance of payments and the implications of a persistent current account deficit;
4.Develop the ability to participate in debates on current economic issues and events;
5.Develop students' ability to organize their work activities and communicate effectively using technical concepts.
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Syllabus |
1 - Economics
1.1 The Economic Problem
1.2 Economic Science: positive and normative perspective
1.3 How to Answer the Economic Problem: market versus government
1.4 Market, Institutions, State and Society
2 - Tools for Economic Analysis
3 - Market
3.1 Supply and Demand
3.2 Market Equilibrium
3.3 Competitive Markets and Monopoly
3.4 Market and Game Theory
3.5 International Trade
4 - Markets and Public Policy
4.1 Private Best and Social Best
4.2 Negative and Positive Externalities
4.3 Public Goods and Merit
4.4 Common Resources and Collective Action
4.5 Market, Government and Public Policy Failures
4.6 Government Intervention
5 - Economic Activity
5.1 Measures of Economic Activity
5.2 Economic Fluctuations
5.3 Aggregate Supply and Aggregate Demand
5.4 Shocks and Macroeconomic Stabilisation
5.5 Inflation and Unemployment
6 - Economic Growth, Deficits and Debt
6.1 Sustained Economic Growth
6.2 Economic Cycle and Budget
6.3 Deficit and Debt and Financing
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Main Bibliography |
MANKIW, Gregory, 2009. Principles of Economics, South-Western Cengage Learning, (EG-5.0-00380/81).
Samuelson, Paul A., 2010. Economics, Boston McGraw-Hill, cop. 2010, (EG-5.0-00379) (EG-5.0-00376) (EG-5.0-00377) (EG-5.0-00378).
Pindyck, R. e Rubinfeld, D. (2018), Microeconomics, 9th edition, Pearson Education.
Pindyck, R. e Rubinfeld, D. (2010), Microeconomia, 7ª ed, São Paulo Pearson Education, cop. 2010 (EG-5.1-00120)
Other materials made available on the Moodle platform.
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Teaching Methodologies and Assessment Criteria |
The teaching-learning process combines classroom learning, theoretical-practical and practical classes, with independent, individual and group study. This process relies on resources made available online (Moodle), as well as close contact with the teacher. Classes combine structured transmission of knowledge with reference to empirical illustration and practical issues. Practical classes will focus on problem solving. E-learning activities complement the classroom activities, providing students with resources, a broad spectrum of activities, and tutorial guidance. Classes will value interactive teaching-learning dynamics. Continuous evaluation is composed of two written tests, each weighting 45% in the final grade and the delivery of completed exercise sheets with a weighting of 10%. In order to be admitted to the final exam, students must obtain a minimum grade of 6 in the continuous evaluation.
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Language |
Portuguese. Tutorial support is available in English.
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