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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 and assessment
Teaching methodologies and assessment
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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Office Hours
Office Hours
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Mobility
Mobility
No
