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Presentation
Presentation
The Macroeconomics Curricular Unit (CU) is part of the syllabus for the Bachelor's Degree in Management and the Bachelor's Degree in Commercial Management. As such, its approach aims to introduce and develop syllabus content associated with the specific field of macroeconomics, focusing on the concepts, instruments, theoretical and analytical formalisation and illustrative graphical representation for each subsection that addresses theoretical macroeconomic foundations and their practical application.
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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
1 | Mandatory | Português
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Code
Code
ULP292-711
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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 to Macroeconomics 2. National Accounting 2.1 National Accounts: the 3 Options for Product Measurement 2.2 Current prices and constant prices. General price index 2.3 The economic circuit. 3. Interdependence and the Gains from Trade 4. The Real Economy in the Long Term 4.1 Production and Economic Growth 4.2 Savings, Investment and the Financial System 4.3 Unemployment 5. Money and Prices in the Long Term 5.1 The Concept and Functions of Money 5.2 Monetary Growth and Inflation 6. The Macroeconomics of the Open Economy 6.1 Basic Concepts 6.2 The Macroeconomic Theory of the Open Economy 7. Short-Term Fluctuations 7.1 Aggregate Supply and Demand 7.2 The Short-Term Trade-Off between Inflation and Unemployment
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Objectives
Objectives
.- To know the principles of macroeconomics and to analyse economic thinking; - To understand the interdependence between agents and countries and the benefits of trade; - To know the main sources of macroeconomic data and how to represent the main variables graphically; - To know how to calculate national and domestic income at current and constant prices; - To distinguish between the main measures of macroeconomic aggregates using the principles of national accounting; - To understand the determinants of the behaviour of the real and monetary economy in the long term, in its essential aspects (output, unemployment, prices); - To distinguish the behaviour of a closed economy from that of an open economy; - To understand the determinants of the real economy in the short term.
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Teaching methodologies and assessment
Teaching methodologies and assessment
The subject consists of theoretical and practical lessons. At the beginning of each chapter, the lecturer explains the concepts and theoretical content. The practical lessons also involve solving exercises from the notebooks and workbooks
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References
References
Mankiw, G. (2020), Principles of Macroeconomics, 9th edition, Cengage Learning Sequeira, T., P. Neves, M. Santos (2018), Macroeconomia: Exercícios, Edições Silabo
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Office Hours
Office Hours
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Mobility
Mobility
No
