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Economics

Code: SOCI009     Acronym: ECON

Keywords
Classification Keyword
OFICIAL Economics

Instance: 2022/2023 - 1S Ícone do Moodle

Active? Yes
Responsible unit: Department of Sociology
Course/CS Responsible: Bachelor in Sociology

Cycles of Study/Courses

Acronym No. of Students Study Plan Curricular Years Credits UCN Credits ECTS Contact hours Total Time
SOCI 78 SOCI - Study Plan 1 - 6 41 162

Teaching language

Portuguese

Objectives

Provide students an introduction to the fundamentals of economics, emphasizing the close proximity of this science relative to sociology. Explain the economic approach to topics widely covered in the social sciences, such as changes in income distribution, poverty, scarcity and unemployment, with applications to the Portuguese case.

Learning outcomes and competences

By the end of the semester, students should be able to apply correctly basic economic concepts and methods and develop a critical and reflexive stand in analyzing economic information. They should also be able to develop their oral and writing skills related to economic knowledge.

Working method

Presencial

Program

1. Economics as a social science
1.1. The object of analysis
1.2. The fundamentals of economics

2. Basic problems of economic organization

2.1. Scarcity and production possibilities
2.2. The "invisible hand"
2.3. State intervention in the economy

3. Functioning of the market in perfect competition

3.1. Supply and demand
3.2. Market equilibrium

4. Factor markets

4.1. Land, labour and capital
4.2. Unemployment
4.3. Distribution of income and wealth

Mandatory literature

Samuelson, P. e W. Nordhaus ; Economics, 19ª edição, Mc-Graw-Hill, 2010

Complementary Bibliography

Frank, R. e B. Bernanke ; Principles of Economics, 6ª edição, McGraw-Hill, 2016
N. Gregory Mankiw; Microeconomics. ISBN: 978-1-4080-8198-3
John Sloman; Principes d.économie. ISBN: 978-2-7440-7471-4
Paul Anthony Samuelson; Economia. ISBN: 84-7615-273-6
Thomas Piketty; O^capital no século XXI. ISBN: 978-989-644-304-7
Matthew Bishop; Essential economics. ISBN: 1-86197-580-5

Teaching methods and learning activities

The learning process is based on theoretical-practical lessons (TP) and tutorial sessions (OT).

TP lessons are dedicated to the theoretical description of the topics covered in the syllabus, illustrating with practical examples, mostly related to the Portuguese case.

On OT sessions, exercises covering the main topics of the course are solved and a discussion about several economic phenomena is promoted, encouraging the participation of the Students.

Students also benefit from personal attending sessions, in which they discuss any questions regarding the course, its topics and materials. All course materials (e.g., slides, texts, assignments) are available to all students registered in the course at SIGARRA.

The adopted method of evaluation is one of “distributed evaluation with final exam”. The final mark corresponds to the weighted average of the exam classification (75%) and the classification obtained in the OT component (25%).

keywords

Social sciences > Economics

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation Weight (%)
Exame 75,00
Trabalho escrito 25,00
Total: 100,00

Amount of time allocated to each course unit

Designation Time (hours)
Estudo autónomo 92,00
Frequência das aulas 39,00
Trabalho escrito 31,00
Total: 162,00

Eligibility for exams

 

According to FLUP’s regulations. The final grade corresponds to a weighted average of the grade obtained in the final exam and in the OT component. Students without a passing grade may take the resit exam.

Calculation formula of final grade

The final mark corresponds to the weighted average of the exam classification (75%) and the classification in the OT component (25%). Students have also to conclude all the components of assessment with a minimum mark of 8 points (out of 20).

Special assessment (TE, DA, ...)

According to FLUP’s regulations.

Classification improvement

According to FLUP’s regulations. The final mark corresponds to the weighted average of the exam classification (75%) and the classification in the OT component (25%). Only the final exam component can be subject to classification improvement. The OT component is not subject to classification improvement.

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