Economy, Accounting and Management

Code:

RM13

Acronym:

ECG

Keywords
Classification	Keyword
OFICIAL	Aquaculture and Fisheries

Instance: 2022/2023 - 2S (of 20-02-2023 to 14-07-2023)

Active?	Yes
Responsible unit:	Aquatic Production
Course/CS Responsible:	Master Degree in Marine Sciences - Marine Resources

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
MCMRM	4	Oficial Plan 2018	1	-	5	50	135

Teaching language

Suitable for English-speaking students
Obs.: Português - Suitable for English-speaking students

Objectives

Provide students with notions of economy, fiscality and company management.

Learning outcomes and competences

Provide students with concepts of economic, accountancy, taxes and of management, in order to enable them to manage companies in the sectors of aquaculture and fisheries, either as investors, entrepreneurs, managers or advisers to the Administration, in order to obtain the maximum profitability couple to the best use of the available resourceS.

Working method

Presencial

Pre-requirements (prior knowledge) and co-requirements (common knowledge)

n.a.

Program

1. Economy.
1.1. Introduction: Economic problems.
1.2. Analysis of a production cycle.
1.3. Economic and economic channels - agents of economic activity - the economic circuit.
1.4. International Trade - Trade balance and current account payments.
1.5. Production - The productive forces, the work, the means of production and production sectors.
1.6. Distribution - The purchase, sale, commercial documentation - securities lending, check, letter.
1.7. Distribution and use of income - The functional distribution of income, the allocation of personal income; income "per capita"; Use of income.
1.8. Development issues - Indicators of Underdevelopment - Characteristics of underdevelopment.
2. Accounting
2.1. Introduction - Objectives of Accounting - Concept of heritage: composition and value - Inventory and Balance.
2.2. Accounts - Definition of accounts - classification and identification of accounts - Rules - Handling Method digráfico - Table of accounts of the Official Accounting Plan (POC).
2.3. Annual results - Concept of profit and loss account - species loss accounts - Costs and Revenues - Operating Account and loss account
2.4. Balance Sheet Analysis - The Analysis Sheet - The economic and financial analysis - Capacity of debt - General method of analysis3rd. Business Management.
3.1. Financial Mathematics - capitalization schemes - Equity capital - Income and loan repayments.
3.2. Investment Analysis - Supply function - Production function - Commercial Function - Function personnel - Cash Flow - Internal rate of return - Criteria for selecting investments
3.3. Companies - Definition of company - Company Objectives - Criteria and rating companies.
3.4. Economic management companies - Notion of profitability - Types of profitability - profitability Tree.
3.5. Financial management of companies - Methods and techniques of financial analysis - Financial structure - Solvency and liquidity - Economic indicators / ratios.
4. Taxation.
4.1. Taxation principles.
4.2. Taxes and the Portuguese tax system.

Mandatory literature

Vários autores; Textos diversos compilados e disponibilizados pelo regente, 2019, 2019

Complementary Bibliography

João C Neves; Introdução à Economia. 9ª Edição, Editora Verbo, 2011
José AP Pinho; Fiscalidade, Areal Editores., 2011
José E Carvalho; Gestão de Empresas - Princípios Fundamentais. 2ª Edição. , Edições Silabo, 2012
Paulo T Pereira, José CG Santos, Manuela Arcanjo., António Afonso ; Economia e Finanças Públicas. , Escolar Editora., 2012
António Borges, José Azevedo Rodrigues e Rogério Rodrigues; Elementos Contabilidade Geral, 26ª Edição, Áreas Editora, 2014

Teaching methods and learning activities

Theoretical and practical lessons, whenever appropriate making use of educational videos and presenting computer simulations of facts that may often occur in companies. Evaluation is done via one final exam, which consists of questions about theoretical knowledge and includes many diverse practical exercises.

keywords

Social sciences > Economics > Financial science > Fiscal economics
Social sciences > Economics > Management studies > Management of enterprises
Social sciences > Economics > Management studies > Financial management

Evaluation Type

Evaluation with final exam

Assessment Components

Designation	Weight (%)
Exame	100,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Estudo autónomo	85,00
Frequência das aulas	50,00
Total:	135,00

Eligibility for exams

Terms of frequency: following the attendance regulations of the U.Porto and ICBAS.

Calculation formula of final grade

Formula Evaluation: Final Grade = Grade of the Final Exam.