Cursos / 1º Ciclo / Faculty of Economy and Business Management :: Economics

ECONOMIA PORTUGUESA E EUROPEIA - 2021/2022

3º curricular year
Semestralidade: 1st semester
ECTS: 6

Teachers

Leading Teacher: Prof. Doutor Fernando Almeida
Assistant Professor: Prof. Doutora Erika Laranjeira

Class type and School hours

Teórico-prática : 2 Horas
Orientação Tutorial : 1 Horas

Teaching Language

Portuguese

Main Aims/Objectives

1. Transmit to Students organized knowledge about Portuguese and European Economy, with a focus on real convergence, in the long run, of the Portuguese economy compared to the European one.
2. Use concepts acquired in previously taught courses, giving consistency to previous knowledge and proving your interest in preparing for the future.

Specific Aims/Objectives

1. Acquisition of a critical spirit to analyze the Portuguese and European economy, operating with development scenarios, in view of options that lead to situations of sustainability.
2. Construction of analytical capacity, scientifically supported, of the growth and development strategies of the Portuguese and European Economy.
3. Develop students´ work autonomy through directed research and investigation.

Skills to be acquired

1. Develop scientific analysis skills.
2. Acquire knowledge of Portuguese Contemporary Economic History, namely macro-economic strategies from 1950 to the present, subject to a critical analysis, scientifically supported.
3. Develop students´ work autonomy through directed research and investigation.

Teaching Procedures

Expositive classes.
Interactive classes to discuss the themes of contemporary Portuguese and European economic history in different periods, subordinated to the domain of scientific instruments of analysis.
Research on national and international databases, aiming to analyze the political-economic-social profile of different times and economies.

Programme

1. Introduction to the discipline - scientific instruments for long-term analysis - addressing the dynamics of growth and development
2. Economic growth - self-sustained growth - Institutions and Development - theoretical-conceptual analysis
3. The institutionalist approach to the Portuguese economy today and its position in the European Union
4. Portugal, peripheral country
5. Contemporary Portuguese Economy:
Stages of growth from 1950 to the present
1st modern industrialization (1950-1973)
2nd Restructuring and Democracy (1974-1983)
3rd European integration (1984-1992
4th Financialization and austerity (1993-2017)
6. European integration (1960-1973)
EFTA membership and free trade agreements
Economic groups
7. Oil shocks and their influence on the European economy
8. Nationalizations
9. Privatizations
10. External imbalance and IMF agreements
11. European consolidation
12. Potential breakdown of the European Union
Portugal and the PALOPS
13. USA and potential competitors worldwide: China, Russia and India

Evaluation Type

Two points written (50% / 50%).

Teaching Resources

Datashow; Painting; Banco de Portugal Databases; INE; Scientific magazines; Eurostat; World Bank Databases; IMF; OECD; Book Chapters.

Sustainability Objectives

Keywords

Portuguese Economy
European Union
Growth
Development
Eurozone
Sovereign debt
new state
Regional Economic Integration

Main Bibliography

Complementary Bibliography