1EC101 - ECTS

- To get the students acquainted with financial mathematics, being able to use it in solving practical financial problems.
- To get students to know a numbero of basic financial instruments, and to use financial calculus to value such instruments.
- To give students the opportunity of using Excel functions to solve problems of financial mathematics.

1EC102 - ECTS i)  To understand the corporate environment and the place of the accounting sistem in such an environment;

ii)  To introduce the users of accounting information and to discuss the importance of this information;

iii)  To discuss the accounting principles and the characteristics of the accounting information;

iv)  To prepare the main financial statements, and become familiar with the Annex.

1EC103 - ECTS
This is an introductory course to the ways in which the social sciences approach social and economic reality, and produce knowledge about that reality. The specific objective of this unit is to provide an overview of the economic approach to the main contemporary social problems, and to motivate the students to the need and benefits of interdisciplinary cooperation, namely between economics and sociology.

1EC104 - ECTS

Students will learn how to study real multivariable functions and how to use this in decision making. The students will namely be able to find the actions (i) that maximize the results, given a restriction on the factors used and (ii) that minimize the factors given an objective, through optimization with and without constraints. The depth of the study will be that which is appropriate in a degree in Economics.

Applications to Management and Economics will be provided when appropriate.

Students will also be able to do mathematics on a computer.

1EC105 - ECTS

The main objectives of this course are:
(1) understanding some basic economic instruments and principles;
(2) applying those instruments and principles to some economic problems, mainly individual decision-making problems and market problems.

1EC106 - ECTS

This course aims to provide students with the requisite knowledge and skills to appraise current financial reporting practice critically and to evaluate proposed changes from a theoretical foundation. In particular, the course will seek to:
•    Present the documents used in financial reporting, namely financial statements;
•    Reflect upon the current model of financial reporting in a theoretically framed manner.

1EC107 - ECTS

Explain the role Information systems and their support role in the process of reaching a decision in business issues, indispensible in companies. Form users that are capable to take a critical stand regards the methods of information management, providing the possibility to learn about the instruments appropriate in decision making. Efficient management of available information requires integration of different types of information from different sources, aggregation of data and its treatment and analysis. In this currciculum unit the aim is to provide learning of instruments in the area of information systems that permit, among other aspects:

- provide knowledge of basic forms of data representation,

- use tools that permit to describe and analyze data,

- organize data in databases,

- select subsets of structured data and use methods that permit to compare different subsets,

- Elaborate representations of decision structures and relate these to programming concepts,

 

1EC108 - ECTS

Economic and Social History is designed to give future economists structured knowledge on the growth trajectory of the leading  world economies  since  the XVII century up to the present time.

The Course Unit aims to stimulate argumentation, critical reading, synthesis skills, interpretation of indicators, and broaden students' economic culture. The program provides students with the opportunity to understand, in a concrete context, some of the topics covered in other subjects.

1EC109 - ECTS

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1EC110 - ECTS

To provide students with solid and strong foundations of microeoconomic theory in order to be prepared for the applied microeconomics courses, that are provided in the next academic years.

1EC205 - ECTS
Recognized the relevance of training in Law in the future professional life of students, the curricular unit (UC) aims to make known the legal framework of economic activity in various areas of law with relevance to the exercise of business activities in the market.



To this end, the fundamental and relevant state, European and international legal rules are referred to and studied for the understanding of rights, bonds and obligations - of a patrimonial, indemnity, tax, administrative and criminal offense nature - that emerge from the exercise of economic activities, as an entrepreneur, partner, company manager, holder of supervisory bodies, professional with responsibilities in terms of investor relations, responsible for compliance systems, economic and financial consultant.



The UC adopts a broad and functional view of the areas of law relevant to the exercise of economic activities in the market.

Attending the UC endows students with knowledge that allows them to perceive the relevance of legal advice in the future, with a view to preventing and anticipating the legal risk of certain economic operations, as well as legally framing the rights and obligations regarding the conclusion of contracts and assumption of guarantees, the constitution of commercial companies, the quality of partners, managers and holders of company supervisory bodies, the creation of industrial property rights and the regulation of competition.


Legal knowledge relevant to economic activity can be expanded and consolidated by attending other UCs in the field of Law, offered by FEP in its study plans: Tax Law, Labor Law (1st cycle of studies), Law of Competition, Tax and Corporate Law, Environmental Law, Health Law, International Business Law, Commercial Contracts (2nd cycle of studies).

1EC202 - ECTS

The objective of the Economics and Public Finance course is to provide students with a solid basic training on topics related to Government intervention in the economy. It is intended that students learn, under a normative and a positive analysis, the structure of the public sector, as well as the microeconomic foundations for Government intervention in the economy, in particular regarding the allocation and redistribution functions. On a financial level, Government intervention is presented through the analysis of the budget process and tax collection.

1EC203 - ECTS

In the end of the course, students should:
1. Know the most important concepts of the Probability Theory, which are essential for the study of Statistical Inference and Econometrics.
2. Be able to apply the probability concepts, never forgetting their rigourous mathematical formularisation, even when intuitively understood.
3. Be able to do a report on data analysis (computing descriptive statistics and presenting graphical representations, together with the use of the software R)

1EC204 - ECTS

The aim of Macroeconomics I 1EC204 is to introduce students to the analysis of aggregate fluctuations of contemporary economies, including the conduct and impacts of monetary and fiscal policies.
In providing students the core conceptual and theoretical background of modern macroeconomics, this curricular unit is closely related to Macroeconomics II 1EC210, as well as with Economic Growth 1EC301 and Monetary Economics 1EC302.
The course focuses on (i) basic concepts and measurement of the main macroeconomic variables, (ii) core models for short-term macroeconomic analysis, and (iii) microeconomic foundations for modelling private aggregate demand.
Further topics such as (a) modelling the short-term functioning of open economies, (b) analysis of the labour market in a macro perspective, (c) modelling the dynamics of the macroeconomy from the short-run to the long-run, and (d) discussing the institutional design of macroeconomic policies, are addressed in Macroeconomics II 1EC210.
 

1EC201 - ECTS

Students should be able to work in a consumer-oriented logic, to understand the strategic importance of Marketing within organizations and to gain analytic abilities in the field of Marketing, by developing a Marketing plan.

1EC207 - ECTS

In this course Accounting and Management Control is seen as a main component (or sub-system) of the global information system of organizations. So being, the fundamental goal of the course is to provide students with the knowledge required for building, evaluating, and using such sub-system of information for planning, control and decision making, therefore presenting and discussing the principles that should guide its design and implementation.

Although study focus on manufacturing industry companies, topics covered are suitable for other industries and/or organizations (e.g., service companies; nonprofit organizations).

1EC206 - ECTS

The conceptual approach adopted in the course of Industrial Organization comes essentially from the neoclassical economic paradigm, in which formal modelling of the economic structure and determination of the associated economic incentives are stressed. Students will be able to understand and assess the working and the performance of real markets according to the normative and positive theories of the dominant economic paradigm.

1EC209 - ECTS

In the end of the course, students should:
1. Know the most important concepts of the Statistical Inference, which are essential for the study of Econometrics.
2. Be able to apply the statistical methods to solve problems in new situations, never forgetting their rigourous mathematical formularisation.

1EC210 - ECTS

Macroeconomics II (1EC210) aims at equiping students with the first skills to explain the aggregate movements of contemporary market economies. Taking into account the position of the course in the degree in Economics plan, the available academic time, and the articulation with the other courses in macroeconomics - namely Macroeconomics I (1EC204) -, the main objective of the course is to equip students with the capacity to use basic macroeconomic models as tools for the analysis of economic fluctuations in open economy. More specifically, the course explores IS-LM and aggregate demand-supply (AD-AS) open economy models. Based on the models, the aim is to analyze the short- and long-term effects of demand management policies in an environment of international policy interdependence. In addition, the institutional framework of economic policy is presented, with reference to both demand-side (monetary, budgetary and financial policies) and supply-side policies.

1EC208 - ECTS

The objective is to give students theoretical principles about the fundamental dimensions of financial markets and operations. Information about common practices in financial markets will also be provided.
The aim is to endow the students with:
1. Theoretical skills needed for future studies.
2. Practical skills for those who wish to enter the labor market.

1OP01 - ECTS

 

1. Familiarize students withthe conceptual and standards framework of an audit and, in particular, its methodologies and working procedures
2. When applicable, provide a first contact with real documents and reports used by the statutory auditor in his work;
3. To present the most relevant Portuguese corporate law to the activity of the statutory auditor.

 

1OP12 - ECTS After completing the course, the student must:

To know:

1)Structuring information in multidimensional databases
2) the various types of data mining tasks (Data Mining);
3) to know the main methods / algorithms for each type of task;

and be able to:
a) apply these methods to a new data analysis problem;
b) evaluate the results and understand the methods studied.

 

1OP02 - ECTS

This course aims to provide students with the knowledge needed for the analysis of a diverse range of Business Cases . It is expected that by the end of the course the students are able to:

a) identify problem (s) present in the business case

b) critically analyze the context in which the company operates by appropriate  databases and methodologies 

c) identify alternative solutions to the problem (s) identified and provide the best solution to be proposed by using appropriate decision criteria 

d) analyze the financial and organizational impacts of the proposed recommendation;

e) submit an implementation plan;

f) identify key risks given the proposed recommendation.

g) present their proposals orally in clear and conving way.

 

1OP03 - ECTS The goals of this course are:

a) To make students familiar with the main set of concepts, theories and issues in Political Science,
b) To develop their ability to understand and analyse political phenomena.

1EC305 - ECTS

The course aims to provide students with the necessary tools to understand the phenomena of globalization of markets and of production that currently characterize the world economy. As well as provide students with the ability to evaluate the impact of trade policy on the economy and on its multiple stakeholders.

1EC301 - ECTS The course encompasses the discussion of the concept and measurement of economic growth; the analysis of empirical data on growth and related topics; and an in-depth discussion of the main mathematical growth models, in particular neoclassical models.

1OP05 - ECTS

The aims of this subject is to inform the students – prospective employers and employees – of the legal framework of the Labour Market, in particular the Individual Labour Contract, allowing them to give a qualified performance in their professional activities. Considering the entry into force of the Portuguese Labour Code (December 2003), a special attention will be given to the new legal framework of the Labour Contract and to the Portuguese Jurisprudence related to that Labour Contract.

1EC303 - ECTS The course is designed for a one-semester introduction to Econometrics. Pre-requisites for the course are a solid background in Economic Theory (both Micro- and Macroeconomics), in Statistics and in Linear Algebra. The course's main objective is in interpreting, understanding and evaluating the findings of elementary econometric analyses.

1EC302 - ECTS

To provide undergraduate students, considering the available time and background study, with ample and integrated knowledge about the way monetary policy is able to attain economic policy goals, in the context of closed and open economies, in view of the applicable institutional context. Towards that, the necessary emphasis will be given to monetary policy instruments and its transmission mechanism in the underlying economic theories’ framework.

1OP07 - ECTS

Students should learn the main concepts and models of economics and social policy and understand the importance and potentials of social economy and different regimes of welfare state. Students should also be able to analyse issues of inequality, poverty and exclusion and the need for compatible social policies. Students should be able to identify topics and methodologies essential to understand economics and social policy, being provided with information regarding the Portuguese, European and international contexts.

1OP08 - ECTS

Studying the Portuguese tax system and the personal and company income taxes.

1OP09 - ECTS

The main goal of this unit is to propose an introductory framework of cultural economics, cultural management and cultural sociology, and of their interdisciplinarity when approaching the cultural sector.

1EC304 - ECTS The purpose of the course is to supply students with conditions for both collective work and research, monitored by the respective lecturer, that will allow:
- To think critically about some specific issues;
- To acquire methodology and scientific research skills;
- To develop the capacity of working autonomously and collectively in new areas of learning;
- To get adequate written and oral skills needed for future professional careers.

1EC306 - ECTS

The course is aimed to give students the economic and financial tools for decision making on investment projects.

1EC401 - ECTS

Innovation is one of the most important economic and business phenomena of our time. This course presents students with a solid understanding of the economic fundamentals of innovation, emphasizing two complementary approaches to innovation: micro and macroeconomic. Thus, it considers the training of the student in a broader framework of interpretation of phenomena of economic dynamics, at the level of companies, technologies, sectors and the economy.

1EC403 - ECTS

In this course, we study the links between Economics and Environment, which are increasingly actual, both on a global scale and in the behavior of individual economic agents. In this sense, the major current themes will be exposed, from basic foundations in the study of Environmental Economics, to the consolidation of new paradigms. With respect to the connection between Environmental Economics and sustainability, including ways of viewing the preservation of natural capital, we will discuss various aspects of sustainable development. The definition of an optimal production point for a polluting activity is followed by a study of different types of environmental policy instruments that seek to internalize externalities. Finally, by approaching different environmental assessment methods, suitable tools are provided for expressing environmental attributes in monetary values.

1EC405 - ECTS

The purpose of the course is to help students understand how labor markets function. The aim is to provide students with analytical tools, recent empirical data, and the latest developments in relevant scientific research that contribute to understanding the behavior of agents and institutions in labor markets and their uniqueness compared to other markets addressed in microeconomics.

By combining facts and theories, at the end of the course, students should be able to identify the main characteristics and trends of the labor markets in European Union countries and the United States. They should be capable of discussing the implications of public policy interventions on the behavior of employers and workers, as well as identifying the economic foundations of human resource management practices.

1EC404 - ECTS

The study of international economics can be divided in two parts: “International Trade” and “International Monetary Economics”. This course will focus on the later, the monetary side of international economics, that is, the financial transactions. We will study financial crises and monetary unions, during which we will be able to address the current important issues that are the recent global financial crisis and the difficulties that the eurozone has been facing. We will also study the theories and the behaviour of exchange rates, exchange rate policy and the functioning of the international monetary system. It is the aim of this course to maintain a strong link between theory and practice.

1EC307 - ECTS To give the students a properly organized set of knowledge on the Portuguese economy, using as a guiding line the economy's long-term real convergence towards the European economy; to operationalize concepts previously acquired in other courses by applying these concepts to the Portuguese and the European economies; to teach students how to look for and deal with the statistical information available on the Portuguese economy in the European context.

1EC402 - ECTS

Regional and Urban Economics aims to introduce space in economic analysis. It will give students new concepts and tools that allow them to deal with space in economic analysis, and to understand the role of cities and regions in the economy.

 

1EC308 - ECTS

The objective of this course is to provide students with advanced and updated knowledge, both at theoretical or practical level, in the area of Corporate Finance.

The Modern Finance is based on the theories of utilities, preferences, the mean-variance, the "capital asset pricing model", the "arbitrage pricing theory", the "financial signs", positive information, the justification of regulations as well as the Modigliani-Miller theorem.

Thus, initially, we present the different risks to which companies are exposed, being devoted to each practically one chapter. In a second phase the risks are quantified. Finally, instruments are used, strategies, traditional markets and new markets (derivatives).

In this context of uncertainty, it plays a central role the financial information, the concepts of return, risk, financial balance, the theorems of capital structure, dividend policies and the models of valuation and management of variable income securities.

1EC309 - ECTS The purpose of the course is to provide an overview of the main methodological positions in economics and to discuss the most important contributions of the central authors in the history of economic thought.