Economics

Scholar Year: 2018/2019 - 2S

Courses

Head Teacher Responsability Sandrina Berthault Moreira Head

Weekly workload Hours/week T TP P PL L TC E OT OT/PL TPL O S Type of classes 3 1 Lectures Type Teacher Classes Hours Theoretical Totals 2 6,00 Raquel Pereira   3,00 Sandrina Moreira   3,00 Practices Totals 4 4,00 Isabel Castro   4,00

Teaching language

Portuguese

Intended learning outcomes (Knowledges, skills and competencies to be developed by the students)

• Understand the main concepts and tools used in economic analysis and how to apply them in problem solving;
• Identify key players in the market and the rationality underlying their economic decisions;
• Measure the impact of government intervention in the economy;
• Compute costs, revenues, profits and the optimal level of production;
• Identify the different types of markets and evaluate the efficiency and strategic behavior of the players;
• Understand and interpret the main macroeconomic aggregates.

Syllabus

I – Introduction
1.1 – Definitions and Basic Concepts
1.2 – Mixed Economy and the Government Behavior

II – Macroeconomics
2.1 – National Accountancy
2.2 – Objectives, Instruments, and Macroeconomic Models
2.3 – Economic Growth and Development
2.4 – Macroeconomics in an Open Economy

III – Microeconomics
3.1 – Demand, Supply, Market and Elasticities
3.2 – Consumer Theory and Behavior
3.3 – Producer Theory and Behavior
3.4 – Perfectly and Imperfectly Competitive Markets

Teaching methodologies

The use of both participatory and lecture methods for the introduction of the conceptual and theoretical economic framework. In practical classes students develop analysis and discussion skills and solve different types of exercises. Moodle webpage support student learning.

Assessment methodologies and evidences

Continuous assessment:
• Two Individual Tests: weight to final grade of 1/2 each.

The final grade must be equal or greater than 10 from a scale 0-20 for approval.

Assement and Attendance registers

Bibliography

Minimum attendance in 2/3 of both theoretical and practical classes.