Economics I

Recommended Prerequisites

Not applicable.

Teaching Methods

Students will be evaluated on a continuous basis, by two written tests and one oral one.

There is also a special and appeal evaluation moment, by a written test and, if needed, an oral one. 

Learning Outcomes

Give students basic knowledge and skills on fundamental topics of economic science. This will allow students who wish so to complete with more in-depth studies. The present unit refers to what is usually known as “microeconomics topics”.  

Work Placement(s)

No

Syllabus

 I – Economic science: object and methodology

II – Economic organization and economic systems: historical and functional approaches; market economies and state intervention

III – Supply and demand

IV – Markets and price formation. Imperfect competition markets, oligolopy and monopoly.

        Firms strategic behavior and game theory.

        Competition policy.

V – Factor market prices. Labour market, rents, profit and interest. 

Head Lecturer(s)

João José Nogueira Almeida

Assessment Methods

Assessment
Frequency: 100.0%

Bibliography

  Manuel Porto (2014). Economia, um texto introdutório. 4ª edição. Coimbra: Almedina