Faculdade de Ciências Sociais e Humanas

Economics

Code

711011013

Academic unit

Faculdade de Ciências Sociais e Humanas

Department

Ciências da Comunicação

Credits

6

Teacher in charge

Luís Oliveira Martins

Weekly hours

4

Teaching language

Portuguese

Objectives

The student is required to:
a. Analyse and understand the rationality of economic agents (firms/consumers/State);
b. Analyse and understand complex macroeconomic concepts: GDP, inflation, unemployment, public balance and the balance of payments;
c. Develop a critical perspective on current economic debates in Portugal and the EU.

Prerequisites

None.

Subject matter

1) Basic concepts (definitions of economics, positive vs normative economics, market, command and mixed economies, supply and demand);
2) Microeconomics (markets of goods and services, price-elasticities, industrial concentration and market structures);
3) Macroeconomics (GDP growth, social cohesion, unemployment, inflation, Phillips curve, public balance);
4) International Economics (determinants of international trade, globalisation, the EU economy).

Bibliography

1) SAMUELSON, P. e W. NORDHAUS, 2010, Economics - 19th ed., Mc-Graw Hill.
2) KRUGMAN, P., WELLS, R. e K. GRADDY, 2008, Economics - European Edition, Worth Pub.
3) BAUMOL, W. e A. BLINDER, 2000, Economics, Principles and Policy - 8th ed., Dryden.
4) ALBARRAN, A., 2002, Media Economics - Understanding Markets, Industries and Concepts - 2nd ed., Blackwell.
5) THE ECONOMIST, 2003, Guide to Economic Indicators - 5th ed., Profile Books.

Teaching method

Theoretical (60%) and practical (40%) approaches to the concepts and issues to be analysed.
Teaching methods based on lecturing and also on active involvement of students.

Evaluation method

Two individual tests: 1st Test (1/3) + 2nd Test (2/3)

Courses