Macroeconomics

Scholar Year: 2011/2012 - 2S

Instance: 2011/2012 - 2S

Courses

Docência - Horas Theoretical-practical : 0 Type Teacher Classes Hours Theoretical-practical Totals 1 0,00

Docência - Responsabilidades Teacher Responsability Maria Ângela Gomes de Araújo de Lacerda Nobre Head

Teaching weeks:

15

Teaching language

English

Objetivos de aprendizagem

Learning Macroeconomics is a fundamental input for future managers:
• It enables the understanding of the macroeconomic environment that surrounds and conditions
organizational performance, as well as the answers, the challenges and the dilemmas faced by political
economy at national and international levels (theories, concepts, models and trends).
• To interpret that environment in a way that may optimize organizational strategic planning through the
creation of sustainable competitive advantages.
• To interact, in an effective way, with all stakeholders, promoting social responsibility, local, regional and
international development.

Contents

Syllabus:
I - Economics and economic policy: portuguese and european contexts
1. Economic circuit and economic agents
2. The state
3. Describing and measuring economic performance
4. Corrective vs preventive policies: political economy interventions
5. Economic integration models
II - International economics
1. International commerce as a source of economic development
2. Absolute and comparative competitive advantages: Adam Smith and David Ricardo
3. Labour market and labour mobility
4. Sustainable development and globalisation
III - Economic’s schools of thought
1. Political economy vs scientific economy
2. Historical evolution
3. Contemporary evolution
IV - Knowledge economy
1. Civilisational context
2. Bolonha pedagogy and collaborative learning
3. New management for a new economy
4. Knowledge management and organisational learning

Teaching Procedures

practical contexts where they may be applied. This is Bolonha’s approach, which is participative, studentcentred
and learning-focused, promoting autonomy and making of each student the leader of their own
learning process and outcomes. This approach serves well the promotion of higher future professionalism and
employment rate success.

Evaluation Type

Final Classification

•Continuous Assessment: One Test (40%), one individual Essay (30%) and one Group Work – Youtube video (30%) with tutorial support
•Final Exam: Written exam (50%) and individual essay (50%);