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Class Introduction to Economy

  • Presentation

    Presentation

    Introduce the basic concepts and tools essential to understanding economic science.

  • Code

    Code

    ULHT168-98
  • Syllabus

    Syllabus

    Fundamentals of Mathematics
    The Fundamentals of Economics
    market forces
    consumer theory
    producer theory
    Public goods, common resources and externalities
    The production decisions of companies
    market structures
    Income inequalities and poverty
    National Accounts
    production and growth
    Unemployment and the labor market
    savings and investment
    single currency zone
    Future of the European Union

     

  • Objectives

    Objectives

     

    Acquire familiarity with economic reasoning. Understand how economic reality works. Make appropriate use of the instruments available to economic theory. Simulate market situations. Relate the concepts of inflation and unemployment.

  • Teaching methodologies and assessment

    Teaching methodologies and assessment

    Monitoring of the world economic reality, through weekly commentary on the main global economic news, to be held at the beginning of each class.

  • References

    References

    • Mankiw, N. Gregory (2021). Principles in Economics (9th edition). South-Western College Publishing.António Fernandes, E. Pereira, J. P. Bento, M. Madaleno, M. Robaina (2021), Introdução à Economia. 3ª Edição, Edições Silabo.

    • 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.

     

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