Macroeconomic

Presentation

This curricular unit permit understand the most relevant macroeconomic concepts, and and understand the  actual reality which defines the context of the corporate activity. The discipline is relevant because permit understand the economic reality which influence and affect intensively the corporate reality.

Part of this Programme

Business Management

Level of Qualification|Semesters|ECTS

| Semestral | 5

Year | Type of course unit | Language

2 |Mandatory |Português

Code

ULHT72-711

Recommended complementary curricular units

We recommend the disciplines : Mathematics I and II and Microeconomics.

Prerequisites and co-requisites

n/a

Professional Internship

Não

Syllabus

1- Introduction 2- Quantification of economic activity 3- Aggregate demand, Yeld and equilibrium product 3.1. The  simple Keinesian model; 3.2. Introduction of the state in the model; 4- IS/LM model. Aggregate demand and supply curves 5- Open economy with fixed prices. 6- Agregate supply, inflation and unemployment

Objectives

.

Fournish theoretical fundamental knowledge in macroeconomics, highligting the questions and short run models, including the relation between the efectiv product and potential product, showing the relation between inflation and unemployment and the tendency of economic growth and the economic cycle.

Teaching methodologies and assessment

  Theoretical and practical classes with total of 60 hours. Presence in class: students must be presence in 75 % of class. Evaluation: Two knowledge assessment test  each one with 50 %  In

accordance with the evaluation regulation of ECEO the approval in the discipline is with equal or above 10 points. The students that have lower than 10 points, in continuous evaluation, have to do a final exam. This weight 100%.

References

Burda, Michael e Charles Wyplosz - Macroeconomics: A European Text, 6th ed, Oxford University Press.

2012.

Mankiw, N. Gregory -    Macroeconomics.    9th ed.New York:    Worth Publishers, 2016.

Santos,     Jorge     et     al . Macroeconomia -    Exercícios e Teoria, 4.ª ed., Escolar Editora, Porto, Portugal.

2016.

Office Hours