Cursos / 1º Ciclo / Faculty of Economy and Business Management :: Economics
MACROECONOMIA - 2021/2022
1º curricular year
Semestralidade: 2nd semester
ECTS: 6
Teachers
Leading Teacher: Prof. Doutora Erika Laranjeira
Class type and School hours
Orientação Tutorial : 1 Horas
Teórico-prática : 2 Horas
Teaching Language
Portuguese
Main Aims/Objectives
The goal is to provide students with the first conceptual and theoretical foundations of macroeconomics in order to understand the aggregate movements of a market economy.
Specific Aims/Objectives
The course is focused on four topics: (i) basic concepts and measures of macroeconomic phenomena, (ii) economic growth, (iii) the study of the aggregate labour market, and (iii) microeconomic foundations of macroeconomics.
Skills to be acquired
It is intended that students acquire the necessary foundations to study in subsequent macroeconomic courses the aggregate behavior of closed and open economies, in the short and long term. It is also an objective to expose the course material with significant analytical rigor, in order to start familiarizing students with the techniques and methodologies of modern macroeconomics study.
Teaching Procedures
The key aspects of the course program will be taught in class, with students being given the indication of the appropriate readings in the Bibliography Course as a way of complement the content transmitted in the classroom.
Programme
1. Macroeconomics as an object of study
1.1. Genesis
1.2. Object
1.3. Method
2. National Accounts
2.1. Introductory concepts
2.2. Product, income and expenditure
2.3. Income, saving and investment
2.4. Balance of payments
3. Economic growth
3.1. Empirical Evidence
3.2. Solow Model
3.3. Endogenous Growth
4. Labour Market
4.1. Empirical Evidence
4.2. Equilibrium in the labour market
4.3. Structural unemployment
4.4. Frictional unemployment
5. Consumption and Savings
5.1. Overview
5.2. Intertemporal choice
5.3. Permanent Income and Life Cycle
6. Investment
Evaluation Type
Two tests.
Teaching Resources
Class Slides and Recommended Bibliography
Sustainability Objectives
Keywords
Macroeconomic Accounts
Economic Growth
Microeconomic Foundations of Macroeconomy
Main Bibliography
Author | BURDA, Michael; WYPLOSZ, Charles |
---|---|
Title | Macroeconomics: A European Text |
Edition | 7ª Ed. |
Place | EUA |
Editor | Oxford University Press |
Year | 2017 |
Author | MANKIW, Gregory |
Title | Macroeconomics |
Edition | 10ª Ed. |
Place | EUA |
Editor | Worth Publishers |
Year | 2019 |
Author | KRUGMAN, Paul; WELLS, Robin |
Title | Macroeconomics |
Edition | 5ª Ed. |
Place | EUA |
Editor | Worth Publishers |
Year | 2018 |
Complementary Bibliography
Author | CORREIA, João da Silva |
---|---|
Title | Macroeconomia |
Edition | 1ª Ed. |
Place | Lisboa |
Editor | Verlag Dashofer |
Year | 2011 |
Author | NABAIS, Carlos; FERREIRA, Ricardo |
Title | Macroeconomia - Lições e Exercícios |
Edition | 1ª Ed. |
Place | Lisboa |
Editor | Lidel |
Year | 2012 |