2023

Economics Fundamentals

Name: Economics Fundamentals
Code: ECN13427O
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area: Economy

Teaching languages: Portuguese
Languages of tutoring support: Portuguese
Regime de Frequência: Presencial

Presentation

The Preparatory Fundamentals of Economics course studies the introductory concepts of Economics that enable students to apply for Higher Education.

Sustainable Development Goals

Learning Goals

In the field of knowledge:
• Understand the perspective of Economic Science in the analysis of social phenomena.
• Integrate economic phenomena in the context of social phenomena.
• Understand fundamental economic concepts.
• Use economic terminology correctly.
• Understand basic rules of accounting for the company's economic activity.
• Understand relevant aspects of the economic organization of society.
• Know relevant aspects of the Portuguese and European Union economies.
In the area of skills and competences
• Develop habits and methods of study.
• Develop skills in the field of "learning to learn".
• Develop a taste for research.
• Develop oral and written comprehension skills.
• Search information from different sources.
• Analyze documents of various types - author's texts, press reports, statistical data, audiovisual documents.
• Interpret charts and graphs and their forms of representation.

Contents

I - INTRODUCTION
1. Economic activity and Economic Science

II - FUNDAMENTAL ASPECTS OF ECONOMIC ACTIVITY
2. Needs and consumption
3. The production of goods and services
4. Trade and currency
5. Prices and markets
6. Income and income distribution
7. Savings and investment

III - THE ACCOUNTING OF ECONOMIC ACTIVITY
8. Economic agents and the economic circuit
9. National Accounting

IV - THE ECONOMIC ORGANIZATION OF WORLD SOCIETIES
10. Economic relations with the Rest of the World
11. State intervention in the economy
12. The Portuguese economy in the context of the European Union



Teaching Methods

It is intended that the method of teaching and learning be active and that promotes the rigorous acquisition of knowledge, encourages the development of competences and socially useful skills and that fosters autonomy:
* Theoretical exposition of matter;
* Practical exercises with the use of diverse resources like books, magazines, newspapers, statistics, television programs, among others;
* Presentation and discussion of real examples of companies, organizations and markets;
* Use of the Internet for real-time access to relevant documents and websites.
This will strengthen skills:
• Make oral communications with support from diverse information presentation media.
• Structure written responses with formal and content proofreading.
• Develop work projects, carry out and evaluate them.
• Develop critical, creative spirit and discussion skills.
Conducting three assessment evaluation tests (continuous assessment) per semester encourages continued work.


Teaching Staff