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ISCTE-IUL  >  Education  >  MMF

Fundamentals of Economics (1 º Sem 2017/2018)

Code: M8329
Acronym: M8329
Level: 2nd Cycle
Basic: No
Teaching Language(s): Portuguese
Friendly languages:
Be English-friendly or any other language-friendly means that UC is taught in a language but can either of the following conditions:
1. There are support materials in English / other language;
2. There are exercises, tests and exams in English / other language;
3. There is a possibility to present written or oral work in English / other language.
1 2.0 0.0 h/sem 10.0 h/sem 0.0 h/sem 0.0 h/sem 0.0 h/sem 0.0 h/sem 0.0 h/sem 10.0 h/sem 46.0 h/sem 0.0 h/sem 56.0 h/sem
Since year 2014/2015
Pre-requisites -
Objectives The main goal of Economics foundations is to emphasise the formal derivation of results and problem solving.
Program 1 The consumer
Preference and utility,
Demand functions
2 The firm
Technology
Cost functions,
3 Markets
Competitive
Monopoly
Oligopoly
Evaluation Method Performance evaluation is an ongoing activity as the term progresses and includes the following element:
Written exam in the end of the term (100%). In order to get a positive grade in the course, the mark of the written exam cannot be below  9,5 val.

Teaching Method The practice classes (TP) are meant for active and detailed discussions between teachers and students; in these classes there will be conceptual discussions, problem solving, which will include graphical representation and mathematical modelling.

Tutoring hours (OT) allow students to clarify specific problems.
Observations
Basic Bibliographic Varian, H. R., Intermediate Microeconomics: A Modern Approach, 8th ed, New York, W. W. Norton, 2010
Complementar Bibliographic Frank, R., Microeconomics and Behavior, 7th ed, Mc Graw-Hill, 2008
Friedman, L., The Microeconomics of Public Policy Analysis, Princeton University Press, 2002
Gravelle, H. e R. Rees, Microeconomics, Financial Times/ Prentice Hall; 3 edition , 2004
Mas-Collel, A., M. D. Whinston e J. Green, Microeconomic Theory, New York, Oxford University Press, 1995
Varian, H. R., Microeconomic analysis, 3rd ed, New York: W. W. Norton, 1992