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Presentation
Presentation
This discipline has the goal to explain de funcioning of economic policy. This discipline explain the performance of public powers, how they utilize several instruments to obtain certain objectives. Describes the atuation of public powers, defines the objectives and the instruments, namely the monetary and exchange rate policy and budgetary policy. It referes, also, some microeconomic or structural policies.
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Class from course
Class from course
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Degree | Semesters | ECTS
Degree | Semesters | ECTS
Bachelor | Semestral | 5
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Year | Nature | Language
Year | Nature | Language
3 | Mandatory | Português
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Code
Code
ULHT32-1911
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Prerequisites and corequisites
Prerequisites and corequisites
Not applicable
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Professional Internship
Professional Internship
Não
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Syllabus
Syllabus
1. Introduction: Concepts os Economic Policy; Powers and Actors of Economic Policy; The elements of Economic Policy: 2. Classification and Paradigms of Economic Policies; 3. Objectives of Economic Policy: 2.1. Economic Growth; 3.2. Employment; 3.3. Stability of Prices; 3.4. External Equilibrium; 4. Instruments of Economic Policy; 4.1. Monetary Policy; 4.2.Exchange Rate Policy; Budgetary Policy; 4.4.Yeld Policy; Macroecomic Stabilization and Coordination of politics; Microeconomic or Structural Policies.
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Objectives
Objectives
Understand the fundaments of economic policy process; To know the most relevant powers and actors of economic pollicy; Understand the role of monetary, exchange rate and budgetary policy in stabilization of economy; To know some of the big problems to decision making in economic policy. Understand the importance of structural policies in business.
The discipline gives a global vision of the powers and actors of economic policy and also refer the principal kinds of economic policies, and the limitations of economic plicies in national and international context. The knowledge of economic context where managers operate is fundamental for their activity.
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Teaching methodologies and assessment
Teaching methodologies and assessment
Expository analysis of concepts followed by application to concrete cases. Critical analysis of texts on economic policy. Develop a critical spirit.
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References
References
Amaral, João Ferreira (1996), Política Económica-metodologia, concepções e instrumentos de actuação, Edições
Cosmos, Lisboa.
Santos, J., J. Braga, Álvaro Pina, M. St. Aubyn, (2016), Macroeconomia, 4.ª edição, Escolar Editora.
Relatórios do Banco de Portugal.
Paulo Trigo Pereira et al (2016), Economia e Finanças Públicas, 5.ª ed., Escolar Editora, Lisboa.
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Office Hours
Office Hours
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Mobility
Mobility
No
