Seminário de Economia Europeia
Código
1104-220
Unidade Orgânica
null
Departamento
null
Créditos
7,5
Professor responsável
João Salgueiro
Língua de ensino
English
Objectivos
The objective of the course is to consolidate and enlarge macroeconomic concepts and models acquired
by students in previous macro courses and illustrate their use for applied economic policy analysis and
decision making. At the end of the course students should have a coherent conceptual framework to
analyze current macroeconomic developments and discuss policy issues. In addition, the course makes
reference to some theoretical extensions, signaling more advanced macro topics. The course has
three main building blocks. Firstly, the determinants of long term economic growth and
uctuations are examined. Secondly, the macroeconomic models are revised and enlarged to include dynamic
components and highlight the role of expectations and external linkages. Thirdly, the course discusses
applied economic policy issues and current developments.
Pré-requisitos
Microeconomia Macroeconomia
Conteúdo
I Introduction
1) Trends in European and Portuguese economies: Main challenges
II History, Institutions and the Decision Process in the EU
2) The reconfiguration of the international economic framework since 1945.
3) The stages of European integration
4) EU institutions and their role
5) Objectives and challenges of European integration
III Topics on the Portuguese Economy
1) The political and international shocks in 1973-74: Its consequences on the Portuguese economy.
2) The Portuguese European economic integration: From EEC accession to the Monetary Union.
IV European Policies
1) The monetary policy in the euro area. The ECB.
2) The coordination of national fiscal policies in the EU.
3) The enlargement and the cohesion policies.
4) Competition and industrial policies.
V Portugal and Europe Facing the Challenges of Globalization
1) Liberalization of trade, delocalization and the international mobility of production factors.
2) Competitiveness in the international context: the managerial challenges and institutional reforms.
3) Europe towards the new framework of the world economy.
Bibliografia
null
Método de ensino
null
Método de avaliação
The evaluation is composed of three blocks:
1. Practical evaluation 20%; 2. team assignments 20% and 3. Final exam 60%. The practical evaluation consists of two
short quizzes to answer in class, including a multiple choice component. The team
assignments comprise two reports to be delivered in specified dates: a) A monetary
policy briefing note and b) A Fiscal policy assessment note. The monetary policy
note should describe overall macroeconomic conditions, the conceptual framework of
monetary policy and suggest an orientation for the interest rate in the euro area.
The Fiscal policy assessment should analyse budget developments in one or two EU
countries and suggest specific orientations for Fiscal policy. Groups should have four
students (minimun of three and maximum of five). The Final exam includes all topics
covered in class and a minimum grade of 9 is required for passing.