ISLA IPGT 711

Macroeconomic

• ApresentaçãoPresentation

  The Macroeconomics Curricular Unit (CU) is part of the syllabus for the Bachelor's Degree in Management and the Bachelor's Degree in Commercial Management. As such, its approach aims to introduce and develop syllabus content associated with the specific field of macroeconomics, focusing on the concepts, instruments, theoretical and analytical formalisation and illustrative graphical representation for each subsection that addresses theoretical macroeconomic foundations and their practical application.
• ProgramaProgramme

  1. INTRODUCTION TO MACROECONOMICS 1.1. Macroeconomic objectives 1.2. Main macroeconomic indicators 1.3. The role of government in the economy 2. THE PORTUGUESE ECONOMY, MACROECONOMIC AGGREGATES AND THEIR MEASUREMENT 2.1. Output 2.2. Inflation and unemployment 2.3. Balance of payments 2.4. Analysis of national accounts 3. THE KEYNESIAN MODEL 3.1. Classical theory vs. the Keynesian model 3.2. The simple Keynesian model 3.3. The Keynesian model with government 3.4. The complete Keynesian model 3.5. The Keynesian multiplier 4. MONEY AND BANKING 4.1. The Portuguese financial system 4.2. Money supply 4.3. Money demand 4.4. Equilibrium analysis of the monetary side of the economy 5. THE IS-LM MODEL 5.1. The goods market - the IS curve 5.2. The money market - the LM curve 5.3. General equilibrium of the economy (IS-LM) 6. OVERALL EQUILIBRIUM: AGGREGATE DEMAND AND AGGREGATE SUPPLY 6.1. Aggregate demand 6.2. Aggregate supply 6.3. Overall equilibrium
• ObjectivosObjectives

  LO1. To know and interpret the main macroeconomic indicators (output, inflation rate, unemployment rate) and how these indicators relate to one another; LO2. To know the aggregates of the real side of the economy, their weight and impact on a country's economic performance, as well as the main instruments used to promote economic growth; LO3. To understand how the money market and the ECB's monetary policies work, and their impact on the real economy and on business activity; LO4. To understand the interaction between the real and monetary sides of the economy, as well as the policies used to respond to specific situations.
• BibliografiaBibliography

  Pinho, Micaela (2018). Macroeconomia - Teoria e Prática Simplificada. 2ª Edição, Edições Sílabo. ISBN 978-972-618-938-1 Nabais, Carlos; Ferreira, Ricardo (2012) Macroeconomia - Lições e Exercícios. Lidel, 2012. ISBN:978-972-757-596-1 Burda, Michael e Wyplosz, Charles (2022); Macroeconomics: A European Text, 8th Edition, Oxford University Press. ISBN: 978-0-19- 873751-3  
• MetodologiaMethodology

  The subject consists of theoretical and practical lessons. At the beginning of each chapter, the lecturer explains the concepts and theoretical content. The practical lessons also involve solving exercises from the notebooks and workbooks
• LínguaLanguage

  Português
• TipoType

  Semestral
• ECTS

  6
• NaturezaNature

  Mandatory
• EstágioInternship

  Não
• AvaliaçãoEvaluation

  Elementos de avaliação contínua:

  Descrição	Ponderação
  Teste de avaliação global	60%
  Trabalho de grupo (entrega intermédia 5% + entrega final 10% + apresentação 25%)	40%

   

  Avaliação por exame:
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