Microeconomics

Scholar Year: 2018/2019 - 2S

Courses

Head Teacher Responsability Raquel Ferreira Pereira Head

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

Teaching language

Portuguese

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

• Understand the main concepts and instruments used in economic analysis and apply them in problem solving;
• Identify the main players in the market and the rationale underlying their decision;
• Measure the impact of government intervention on the economy;
• Calculate costs, revenues, profits and the optimum level of production;
• Identify the different types of market and analyze the impact in terms of efficiency and strategic behavior of its stakeholders;

Syllabus

I- Introduction
1.1 - Basic Concepts
1.2 - Demand, Supply and Market
1.3 - Mixed Economy and Government Behavior
1.4 - Consumer behavior and the impact of changes in price and yield
II - Micro economic concepts
2.1 - Supply and behavior of business organizations. (production manager)
2.2 - The Balance in Perfect Competition Markets.
2.3 - The Equilibrium in Monopolistic Markets
2.4 - The Equilibrium in Imperfect Competition Markets

Teaching methodologies

It is proposed to use the expository method, always seeking to build knowledge through the use of students, through the participation of students in both theoretical and practical classes.
The web page will be used - Moodle,

Assessment methodologies and evidences

Continuous evaluation
The evaluation will be carried out during the semester, comprising:
i) Three tests without consultation of 1.5 hours (MT);
ii) Participation in practical classes (AP).

Final Score (NF) = 0.3xMT1 + 0.3xMT2 + 0.3xMT3 + 0.1 PA

Subject to the following restrictions:
• Final Mark greater than or equal to 10 (ten) values;
• Minimum test score equal to or greater than 8 (eight) values.
In the case of worker-students the final grade will be:

Final Mark (NF) = 0.3xMT1 + 0.3xMT2 + 0.4xMT3
keeping all other restrictions.

If the student does not meet any of the above conditions, he / she will have to make a final evaluation.

Final Evaluation - Normal Season
The final evaluation consists of:
 Written examination without consultation (E)
To pass the course, a mark of 10 or higher is required in the exam.
Grade improvement
To improve grade students must take an individual oral test.

Assement and Attendance registers

Bibliography

• Begg, David; Ward, Damian (2004), Economics for business, Mc-Graw-Hill,
Berkshire, UK.
• Sanuelson P A. Nordhaus, William D. (2005), Microeconomia, 18ª Edição, McGraw-Hill, Lisboa.

• Begg, David, Fischer, Stanley, Dornbusch, Rudiger (2002), Economics, 7ª Edição, McGraw-Hill, site em www.beggecon.com .
• Frank, Robert e Bernanke, Ben (2003), Princípios de Economia, McGraw-Hill.