Introduction to Economy
Part of this Programme
Level of Qualification|Semesters|ECTS
Bachelor | Semestral | 5
Year | Type of course unit | Language
1 |Mandatory |Português
Total of Working Hours | Duration of Contact (hours)
140 | 60
Recommended complementary curricular units
Prerequisites and co-requisites
1 - Basic mathematical instruments in support of economic analysis 2 - Main economic concepts 3 - Market equilibrium - supply and demand model 4 - Macroeconomic concepts 5 - National Accounting 6 - Simple Keynesian model in closed economy, without and with State 7 - Inflation and unemployment
Introduce the basic concepts and instruments essential to the understanding of economic science.
Knowledge, abilities and skills to be acquired
To acquire familiarity with economic reasoning. Understand how economic reality works. Use economically appropriate instruments. Simulate market situations. Relate the concepts of inflation and unemployment.
Teaching methodologies and assessment
Theoretical-practical classes, with the total workload of 60 h. In the classes are taught the general knowledge of the subject, with a view to learning the subject, and carried out exercises leading to the application of this knowledge in solving concrete problems. There is a follow-up of the students, by the teacher of the discipline, in individual or group attendance sessions. Assessment Rules: 2 practical mini-tests (20%); 2 Tests (the first with the 35% weighting and the second with the 45% weighting) or Exam (100%).
Mankiw, N. Gregory (2017). Principles in Economics (8th edition). South-Western College Publishing.
Wilkinson, N. & Klaes, M. (2012). An Introduction to Behavioral Economics (2nd edition). Palgrave Macmillan.
Glenn Hubbard, Anthony P. O¿Brien (2007). Microeconomics (2nd edition). Prentice Hall.
Mankiw, N. Gregory (2012). Macroeconomics (8ª ed.). Worth Publishers, New York, U.S.A.
Nabais, Carlos & Ferreira, Ricardo (2012). Microeconomia - Lições e exercícios (2ª edição). LIDEL, Lisboa, Portugal
Samuelson and Nordhaus (2009). Economics (19th edition). McGraw-Hill.