Class Macroeconomic

The course unit falls within the scientific field of Economics, focusing on the analysis of an economy's aggregate performance and the mechanisms that determine output, employment, unemployment, prices and inflation, interest rates, and money. Its scope covers the measurement of economic activity, the study of the monetary and financial system and the process of money creation, and an understanding of the main macroeconomic models used to interpret reality and support economic policy decisions (the classical model, IS-LM, and AD-AS). Within its domains of application, the course equips students to interpret macroeconomic indicators, assess the evolution of the business cycle, and analyse the effects of fiscal and monetary policies and shocks on growth, inflation, and financial conditions. Its relevance within the degree programme lies in strengthening students' ability to integrate the macroeconomic context into business decision-making.

Not applicable

1.    Overview of macroeconomics 2.    National accounts 3.    Money and the financing of the economy 4.    Classical model 5.    Labour market and unemployment 6.    IS-LM model 7.    Aggregate demand and aggregate supply  

The teaching methodology is theoretical and practical, focusing on presentations, dialogue, collective reflection and practical exercises. The teaching material is available on the Moodle platform.

Amaral JF, Louçã F, Fontainha E, Ferreira C & Santos S (2007) Introdução à Macroeconomia Fernandes A, Pereira E, Bento JP, Madaleno M, Robaína M (2023). Introdução à Economia. 4ª edição. Edições Sílabo Mankiw NG (2009) Macroeconomics. 7th edition Santos J, Pina A, Braga J, St. Aubyn M (2016) Macroeconomia