ISMAT 712

Microeconomics

• ApresentaçãoPresentation

  The objective of this course is to know the mechanisms of market functioning, the economic decisions of consumers and producers and the impacts of public economic policies on management and the business environment. The course will draw on theoretical knowledge such as the theory of supply and demand to explain market structures such as perfect competition, imperfect competition and monopoly. Students will understand, at the introductory level, the conditions for general equilibrium and its implications, associated with welfare theorems and possible paths when there are market failures.At the end of this course, students should know and master: 1. The object and methodology of Microeconomics. 2. The concepts, principles and problems of microeconomic and economic 3. Supply, Demand and Individual Markets 4. The Theory of Production
• ProgramaProgramme

  LO1: S1 LO2: S2 LO3: S3 LO4: S4
• ObjectivosObjectives

  1. Object and methodology of Microeconomics  1.1. The object of Microeconomics 1.2. The Microeconomics methodology 2. Concepts, principles and microeconomic problems 2.1. Fundamental economic concepts 2.2 Economic principles 2.3. Fundamental economic problems 2.2. The main models of Microeconomics 2.5 The evolution of economic thought and facts 2.6. The Demographic Basis 3. Microeconomics: Supply, Demand and Individual Markets 3.1. The market 3.2. Demand Function and Supply Function 3.3. The economic role of government and conflicts equity, stability and development 3.4. Elasticities 3.5. Consumer demand and behaviour 3.6. Consumer welfare 3.7. Market structures 3.8. Market failures 3.9. Value 3.10. Utility and marginal products 3.11. Law of Diminishing Returns 3.12. Technological progress 4. Production Theory 4.1. The factors of production 4.2. The combination of factors 4.3  The Production Process 4.4. Costs 4.5 Savings
• BibliografiaBibliography

    Gomes, O. e Oliveira, L.. Economia: O Essencial - Microeconomia - Livro 2. Lisboa: Edições Sílabo. 2018. Dimensões: 138 x 208 x 7 mm. Páginas: 100. ISBN: 9789726189084. Martinez, Soares, P. . Economia Política, 11ª Edição. Coimbra: Almedina. 2016. 159 x 228 x 51 mm. Páginas: 914 ISBN: 9789724040288. Pinho, M.. Microeconomia: Teoria e Prática Simplificada, 4ª Edição. Lisboa: Edições Sílabo. 2019. 169 x 238 x 21 mm. Páginas: 392. ISBN: 9789726189824.
• MetodologiaMethodology

  TM1: In the expository teaching methodology, the various contents of the program are exposed and explained TM2: In the discussion of cases in practical classes, real situations will be used to exemplify the application of the Microeconomics tools taught. There will be classes where students will expose their group work, suggesting the constitution of work groups. The group work will be chosen by the groups, based on a set of themes provided by the teacher, which should be developed fundamentally outside classes, namely the entire research part. Checkpoints will be made in class. The group work will, at the end, be the object of an oral presentation to the whole class with criticism by the teacher.   Knowledge Assessment System: Tests: 60% Group Work: 30% Attitude and attendance in class: 10%
• LínguaLanguage

  Português
• TipoType

  Semestral
• ECTS

  4
• NaturezaNature

  Mandatory
• EstágioInternship

  Não