ISLA IPGT 13048

Fundamentals of Economics

• ApresentaçãoPresentation

  Introduction to the study of the principles and aspects of economics through the learning and mastery of its elementary concepts. It will seek to translate some of the problems that economic agents face in the real world, to study the analytical instruments provided by economic theory, and to examine how economic variables can be controlled, eliminated, or minimised.
• ProgramaProgramme

  PART I - INTRODUCTION TO THE MICROECONOMICS Introduction to the study of economics The demand and supply Elasticity Consumer choice and market demand  Market structures and balance in major markets  PART II - INTRODUCTION TO MACROECONOMICS Macroeconomic principles and concepts.  The measurement of wealth generated in the economy Inflation and unemployment  The economic circuit Keynesian Model
• ObjectivosObjectives

  The student should be able to: Know the different types of markets and the balances to be generated in them, and understand the relationships among the variables that affect the decisions of companies and consumers. Understand the quantity and price-setting systems in a given market. Identify the structural contexts of the different companies and the behaviours to be assumed based on their characteristics. To know the primary economic aggregates, their implications in the day-to-day and the methods as they are calculated; To know the interaction between the different agents of the economy; Use the macroeconomic concepts studied in decision-making situations. To know the interaction between the real side and the monetary side of the economy, as well as the policies used to act in certain situations.
• BibliografiaBibliography

  Sebentas do Docente  
• MetodologiaMethodology

  Students should acquire and/or develop skills to understand the dimensions and implications of decision-making in companies, as well as the effects of changes in key macroeconomic indicators and in fiscal and monetary policies. The following teaching and learning methodologies will be used to acquire these skills: Lectures, for the presentation of theoretical frameworks and procedures associated with the techniques and models used; Participatory and active, using simulators to validate decision-making processes. Self-study related to the student's independent work and the production of individual or group work.  
• LínguaLanguage

  Português
• TipoType

  Semestral
• ECTS

  5
• NaturezaNature

  Mandatory
• EstágioInternship

  Não
• AvaliaçãoEvaluation

  Será utilizada uma avaliação que integrará dois instrumentos de avaliação:

  • 1º Teste de avaliação - Microeconomia - 50% - 26 de março de 2026
  • 2ª Teste de avaliação - Macroeconomia - 50%; - 18 de maio de 2026 (TD), 19 de maio de 2026 (TD)

  A nota mínima em cada teste é de 7 valores; a média final deve ser igual a 10 valores.

  Avaliação Final - Todos os alunos terão direito a um exame final a realizar durante a época de avaliação.

  Observações: - Não serão realizadas provas orais nesta Unidade Curricular.