Economia

Objectives

Introduce students to the basic principles of Microeconomics and Macroeconomics, allowing a better understanding of the economic environment in which their professional activity will take place. Students are expected to be able to understand economic phenomena and their impact on consumers and firms.

Syllabus

1. Microeconomics Principles of supply and demand. Consumer Behavior. Production and Costs. Competition, market power, games. 2. Macroeconomics Foundations of Macroeconomics. The economic performance in the aggregate. Production, inflation and unemployment. Fiscal policy and monetary policy. Economic growth. Business cycles. Economic integration. External balance, exchange rates and competitiveness. Financal crisis and financial system. The Portuguese reality.

Cross Competence Component

The course allows the development of: transversal competences in Critical Thinking, namely strategic thinking and approaches to problem solving; Interpersonal and intrapersonal skills (communication and teamwork, enthusiasm and self-motivation); Global Citizenship (openness, understanding of global interconnections); Information and media literacy (ability to locate and access information as well as critically analyze and extract relevant content). The assessment percentage associated with these skills should be around 6%.

Ethical Principles

All members of a group are responsible for the group's work. In any assessment, every student shall honestly disclose any help received and sources used. In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.