5 ECTS; 1º Ano, 1º Semestre, 30,0 T + 30,0 PL + 15,0 OT , Cód. 20332.
Lecturer
- Sérgio Paulo Leal Nunes (1)(2)
(1) Docente Responsável
(2) Docente que lecciona
Prerequisites
Not applicable.
Objectives
The students should be able to: a) Understand and describe economic issues b) Use statistical and bibliographical data sources to obtain the relevant information for specific problems c) Write reports on economic issues d) Solve applied exercises
Program
1. INTRODUCTION
1.1. What is the economy: perspectives and object
1.2. The problem of scarcity and economic goods
1.3. The interdisciplinarity of the economy
1.4. Notes on economic analysis techniques
2. Search, offer and equilibrium
2.1. Graphic analysis of demand and supply
2.2. Elementary demand theory
2.3. Elementary Offer Theory
2.4. Elementary pricing theory
3. The elasticity
3.1. The concept, graphical representation and numerical analysis
3.2. The elasticity of demand
3.3. The elasticity of the offer
3.4. Cross-elasticity
3.5. Elasticity and sales
4. The theory of the company
4.1. The company and profit maximization
4.2. The production function
4.3. The cost functions
5. Market structures
5.1. Perfect competition
5.2. Imperfect competition
6. The panoramic view of the economy
6.1. The main macroeconomic issues
6.2. Macroeconomic policies
6.3. The issue of aggregation
7. Economic activity measurement
7.1. The Gross Domestic Product
7.2. Unemployment rate
7.3. Price level and inflation
8. Economic growth and productivity
8.1. Growth rates and life levels
8.2. Work Productivity: Concepts and Determinants
8.3. Economic growth: costs and limits
Evaluation Methodology
Assessment should not be the primary focus of learning. Rather, it should be regarded as a potential outcome of the learning process.
The assessment will take the form of an assessment portfolio.
Students will have the opportunity to accumulate up to 50% of their final grade through a variety of assessment methods, including monographs, reports, essays, reflections, and integration into applied research projects.
The relative weighting of each assessment ~compon is determined by the student, with guidance from the lecturer.
The objective is for the student to assume an active and responsible role in their assessment, within a limit that is considered both scientifically and pedagogically reasonable.
The continuous assessment will be based on the following components:
The final grade will be determined by the mark obtained in the class, which will be held on the last day of the semester. This will account for 50-100% of the overall mark.
- The presentation and discussion of practical work developed individually (or in groups) will contribute 0% to 50% to the overall mark.
Observations
The operating logic of the discipline is designed and will be developed for students in the face-to-face system.
At no time during the continuous assessment period can the student receive a grade lower than seven.
All work proposals must be approved by November 30, 2024
Bibliography
- Frank, R. e Bernanke, B. (2033). Princípios de Economia. Lisboa: McGraw-Hill
- Krugman, P. e Wells, G. (2014). Essentials of Economics. New York: Worth Publishers
Teaching Method
Lectures, practical classes, individual and group work, reflection and discussion on key current issues.
Software used in class
Not applicable.
