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

  . Object and methodology of Microeconomics  1.1. The object of Microeconomics; 1.2. A Microeconomics Methodology 2. Concepts, principles and microeconomic problems 2.1. Fundamental economic concepts 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 factos; 4.3. The Production Process; 4.4. Costs; 4.5. Savings; 4.6. Economic efficiency, productivity, values and ethics; 4.7.  Risk
• ObjectivosObjectives

  . Object and methodology of Microeconomics  1.1. The object of Microeconomics; 1.2. A Microeconomics Methodology 2. Concepts, principles and microeconomic problems 2.1. Fundamental economic concepts 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 factos; 4.3. The Production Process; 4.4. Costs; 4.5. Savings; 4.6. Economic efficiency, productivity, values and ethics; 4.7.  Risk
• BibliografiaBibliography

  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. Samuelson, P. & Nordhaus, W.. 19ª Edição. Lisboa: MacGraw-Hill. 2011. 201 x 254 x 43 mm. Páginas: 736. ISBN: 9789899717237.  
• MetodologiaMethodology

  Problem Based Learning.
• LínguaLanguage

  Português
• TipoType

  Semestral
• ECTS

  4
• NaturezaNature

  Mandatory
• EstágioInternship

  Não