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Code 1103
Course Macroeconomics
Semester First and second
ECTS Credit Units 7,5
Course taught in English Yes
Available for Exchange Students Yes
Requirements Mandatory Precedence:
1101. Principles of Macroeconomics
Regents Pedro Brinca
João Duarte
Course Aim This module focuses on macroeconomics: the study of the behavior of the economy as a whole. The aim of the module is to provide a rigorous analysis of the main topics in macroeconomics. Our approach is based on microeconomic foundations, as studied in the microeconomics course(s) you took before: we move from individual optimization problems to the macroeconomic problems faced in the aggregate economy. Topics to be covered include: intertemporal consumption and labor supply; business-cycle analysis; capital utilization and unemployment; monetary policy; fiscal policy, open economy.
Program content
  1. Introduction to Macroeconomics.
  2. Economic Growth.
  3. Economic Fluctuations.
  4. Money, Inflation, Interest Rates and Business Cycles.
  5. The Government Sector.
  6. The Open Economy.