6 ECTS; 1º Ano, 1º Semestre, 60,0 TP , Cód. 20343.
Lecturer
- Sérgio Paulo Leal Nunes (1)(2)
(1) Docente Responsável
(2) Docente que lecciona
Prerequisites
Not applicable
Objectives
Students should be able to: a) to understand the concepts, theories, models and economic economic and relevant economic policies; b) Develop identification, analysis and solving capacities of economic nature; (c) apply calculating techniques used by current economic science
Program
1. Macroeconomics: the panoramic view of the economy
1.1. The main macroeconomic issues
1.2. Macroeconomic policies
1.3. The issue of aggregation
2. Economic activity measurement
2.1. The Gross Domestic Product
2.2. Unemployment rate
2.3. Price level and inflation
3. Economic growth and productivity
3.1. Growth rates and life levels
3.2. Labor Productivity: Concepts and Determinants
3.3. Economic growth: costs and limits
4. Employment and wages
4.1. Trends in the labor market
4.2. The offer and demand in the labor market
4.3. Real wages and employment
4.4. Unemployment: Types and Costs
5. Savings and capital formation
5.1. Savings and wealth
5.2. National savings and their components
5.3. Investment and capital formation
5.4. Financial markets
6. Aggregate search and short-term production
6.1. Simple Keynesian model
6.2. The aggregate demand
6.3. Stabilize aggregate demand: the role of budgetary policy
Evaluation Methodology
Assessment should not be considered as the main objective of the learning carried out. It should only be taken (although inevitable) as one of its consequences.
The evaluation will take the form of an evaluation portfolio.
The student has the possibility of building, through monographs, reports, essays, reflections, integration into applied research projects, etc., up to 50% (maximum) of their final grade. The weighting of each assessment moment is decided by the student, duly guided by the teacher.
The objective is for the student to take an active and responsible part in their assessment, within a limit considered scientifically and pedagogically reasonable.
Continuous assessment will therefore be supported by the following components:
1. The classification obtained in attendance (carried out on the last school day of the semester): between 50 and 100% of the final grade (if the student carries out work);
2. Presentation and discussion of practical work, developed individually (or in groups): between 0% and 50% of the final grade.
The final grade is the weighted average of each of the components mentioned: that is, in limiting terms: if the student does not carry out any work, attendance is valued at 100%; If the student reaches the maximum value for work (50%), attendance will be increased by 50%.
Bibliography
- Frank, R. e Bernanke, B. (2012). Princípios de Economia. Lisboa: McGraw-Hill
- Samuelson, P. e Nordhaus, W. (2011). Economia. Lisboa: McGraw-Hill
Teaching Method
Theoretical classes; Practical classes; Individual and group and reflection and discussion work before key issues of the present.
Software used in class