Principles of Macroeconomics
Code
1101
Academic unit
null
Department
Dept
Credits
7,5
Teacher in charge
Ana Balcão Reis
Teaching language
Portuguese
Objectives
The objectives of this course are the study of the main macroeconomic variables and the sudy of fiscal policy and monetary policy. Simultaneously the students are presented to some simple models that describe the behaviour of the economy in the short-run and in the long run.
Prerequisites
Subject matter
1. Measuring the economic activity. National accounts.
2. Short-run and long-run. Growth and cycles.
3. Simple model of output determination with fixed prices.
4. Fiscal policy.
5. Money and monetary policy
6. Output and prices in the short and the long run.
7. Inflation and unemployment.
Bibliography
-Economics de Lipsey & Chrystal, 12ª ed, Oxford, 2011
-Economics de Krugman & Wells, 2ª ed, Worth 2009
Teaching method
Evaluation method
-2 Intermediate Tests: 25% (only the best is taken into account).
-Problem sets done by groups of 3 or 4 students: 10%, with a minimum score of 9.
-Final exam: 65% with a minimum score of 8.5.