Overall objectives:

1 - Understand and apply the basic concepts of Economics.
2 - Learn the methodology of economic logic.
3 - Solve simple problems using the methodology of economic logic and concepts learned.

Syllabus:

1 - INTRODUCTION
1.1 - Economics as a science
1.2 - The nature of the economic problem
1.3 - The main approaches of economic thought
2 - MICROECONOMICS
2.1 - Consumer theory
2.2 - Theory of production and costs and the behaviour of firms
2.3 - Markets and price formation
3 - MACROECONOMICS
3.1 - National income accounting
3.2 - Money and the Financial System
3.3 - A simple macroeconomic model

Literature/Sources:

Neves, J.C. , 2017 , Introdução à Economia , Lisboa: Editorial Verbo
Samuelson, P.A. & Nordhaus, W. D. , 2011 , Economia , McGraw-Hill
Ucha, I. , 2015 , Guia de Apoio à Introdução à Economia - Sínteses, Exercícios e Soluções , Lisboa: Editorial Verbo

Assesssment methods and criteria:

Classification Type: Quantitativa (0-20)

Evaluation Methodology:
In lectures, the teaching methodology is basically the oral exposition supported by PowerPoint and/or lecture notes. In tutorials, the teaching methodology is based essentially on problem solving by students. Evaluation consists of an intermediate examination with a weight of 50% of the final mark and a final examination with a weight of 50% of the final mark. To pass the module, the student needs to achieve a minimum average of 10 out of 20. Resit/ Improvement Time: if a student fails in the normal evaluation time but achieved a positive mark in one of the examinations, he/she can take, if desired, an examination about the course material of the failed examination. In that case, the examination taken in this period will be a substitute of the failed examination in the normal evaluation time, for calculating the final mark. For other cases of failure or for improvements of the evaluation mark, the student should take an overall examination with the weight of 100%.