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Presentation
Presentation
The CU has TWO PURPOSES: 1. PRIOR PURPOSE To recover and reinforce the fundamentals and basic operations of mathematics necessary for analysing economic phenomena and, in this way, to remedy the serious deficiencies students have in mathematical calculation. 2. FUNDAMENTAL PURPOSE To introduce the basic concepts, instruments and tools essential for understanding economic science
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Class from course
Class from course
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Degree | Semesters | ECTS
Degree | Semesters | ECTS
Bachelor | Semestral | 5
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Year | Nature | Language
Year | Nature | Language
1 | Mandatory | Português
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Code
Code
ULHT225-98
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Prerequisites and corequisites
Prerequisites and corequisites
Not applicable
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Professional Internship
Professional Internship
Não
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Syllabus
Syllabus
Description of contents At the Prior Purpose level: 0. Basic Foundations of Mathematical Calculus, applied to economic science At the level of the Fundamental Purpose: I. Fundamentals of Economics . Fundamental concepts of economics . Branches of economics . How the economy works . Organization of the economy II. Theory of Consumer Behavior . Utility, Total Utility and Marginal Utility . Indifference Curves, Budget Straight and Consumer Equilibrium . . Marginal rate of substitution III. Demand Theory . Concepts . Demand Function . Elasticities IV. Supply Theory . Concepts . Supply Function . Elasticities V. Cost Theory . Factors of Production and Costs . Profit and loss of the firm . VI. Macroeconomics . Concepts . Current prices and constant prices . Gross Domestic Product . Deflactor
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Objectives
Objectives
To convey to the student an understanding of the basic concepts of economic science To endow the student with the tools necessary for the knowledge of the basic intellectual structure of economics To endow the student with the ability to master the working mechanisms of the economy through the analysis and understanding of the theoretical tools that explain the economic and social economic and social activity in the global sphere and in society, preparing him/her for future professional activity in tourism Transmit the theoretical and operational acquis necessary to understand the decisions of economic agents, in a context of global economy agents, in a context of global economy Apply the basic concepts of economic science in the analysis of economic problems in the the sphere of a society and global competition Apply the economic theory in solving problems of life in society
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Teaching methodologies and assessment
Teaching methodologies and assessment
Use of digital instruments and tools, with video competition, scientific articles, institutional web pages (national and international) and use of artificial intelligence for the development of skills by the student so that he can build an output profile appropriate to the needs of the labour market
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References
References
Fernandes, A., Elisabeth, P., Bento, J. P., et al. - Introdução à Economia. 4.ª ed. Lisboa: Edições Sílabo, 2023 Frank, Robert H. - Microeconomia e Comportamento. 8.ª ed. Madrid: McGraw-Hill, 2013 Krugman, Paul, Wells, Robin - Introdução à Economia. Rio de Janeiro: Elsevier Editora, 2007 Mankiw, N. Gregory - Macroeconomics. 7.th ed. Internacional Edition, MacMillan Education, 2022 Neves, J.C. - Introdução à Economia. 12.ª ed. Lisboa: Principia, 2023 Mendonça, A. (coord.) et al. - Lições de Macro Economia: Uma Introdução. 2.ª ed. Lisboa: Edições Sílabo, 2024 Morgado, A. J., Ferreira, P.- Princípios de Microeconomia, 2.ª ed. revista. Lisboa, Rei dos Livros, 2023
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Office Hours
Office Hours
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Mobility
Mobility
Yes
