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Presentation
Presentation
Macroeconomics I studies macroeconomic models from a short-term perspective. The main issues related to the AS-AD and IS-LM models are studied, as well as issues related to consumption and investment decisions, expectations, money supply and demand and inflation and aggregate demand.
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Class from course
Class from course
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Degree | Semesters | ECTS
Degree | Semesters | ECTS
Bachelor | Semestral | 6
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Year | Nature | Language
Year | Nature | Language
1 | Mandatory | Português
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Code
Code
ULHT32-2924
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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
Fundamental Concepts of Macroeconomics. Measures of Economic Activity. Consumption and Savings. Aggregate Demand, Yield and Break-even Product. The IS-LM model, Budget Policy and Crowding Out. Expectations and the IS-LM Model. Aggregate Supply, Inflation and Unemployment. Currency Offer. Open Economy with Fixed Prices. Open Economy with Flexible Prices.
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Objectives
Objectives
It is intended that students master the main macroeconomic concepts, understand short-term macroeconomic models, how expectations affect consumer and investor behavior, as well as multiplier effects and economic policy decisions.
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Teaching methodologies
Teaching methodologies
Weekly economic news analysis to be carried out by students at the beginning of each class, commenting on the main developments in the global economy.
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References
References
Mankiw, N. Gregory (2021), Macroeconomics, 10th edition, McGraw-Hill, New York Nabais, Carlos e Ferreira, Ricardo (2012), Macroeconomia - Lições e Exercícios, LIDEL, Lisboa
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Assessment
Assessment
2 testes escritos de avaliação contínua. O primeiro teste valerá 40% da nota final e o segundo teste valerá 50% da nota final, com a ponderação total de 90%10% participação nas aulas.Exame final 100%
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Mobility
Mobility
Yes
