| 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 instruments applied in economic analysis;
2. Explain the concepts of demand and supply, as well as 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 deficit in the current account balance;
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 – Introduction to Economics
1.1 The 10 Principles of Economics
1.2 Macroeconomic and Microeconomic Perspectives
1.3 Thinking Like an Economist.
2 – Diagrammatic Analysis in Economics: basic principles.
3 – Market
3.1 Supply and Demand
3.2 Market Equilibrium
3.3 Competitive Markets and Monopoly
3.4 International Trade
4 – Markets and Public Policy
4.1 Private Optimum and Social Optimum
4.2 Negative and Positive Externalities
4.3 Public and Merit Goods
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 Stabilization
5.5 Inflation and Unemployment
6 – Economic Growth, Deficits, and Debt
6.1 Sustained Economic Growth
6.2 Business Cycle and Budget
6.3 Deficit, 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 is supported by e-learning activities and online resources (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 classroom activities, providing students with resources, a wide range of activities and tutorial guidance. Classes will value interactive teaching-learning dynamics. Student attendance and participation are strongly encouraged.
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Language |
Portuguese. Tutorial support is available in English.
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