Economia Aplicada


This course aims at identifying, measuring and understanding the recent macroeconomic developments. It follows a methodology based on the usage of the available statistical information, contributing for the main indicators critical analysis and for the discussion on the relevant themes in the recent economic debate.

In particular, there are six learning outcomes:

LO1. Understand the main concepts underlying the macroeconomic aggregates;

Understand the economic agents¿ main characteristics:

LO2. Households

LO3. Non-financial enterprises

LO4. Banks

LO5. Public sector

LO6. Understand the economy¿s international relations

General characterization





Responsible teacher

Susana Filipa de Moura Lima


Weekly - Available soon

Total - Available soon

Teaching language

Portuguese. If there are Erasmus students, classes will be taught in English




Sistema Europeu de Contas Nacionais ¿ SEC 2010 (


6ª Edição do Manual da Balança de Pagamentos do Fundo Monetário Internacional (


Suplemento ao Boletim Estatístico 2|2015, Outubro 2015, Banco de Portugal (


Suplemento ao Boletim Estatístico 2|2016, Junho 2016, Banco de Portugal



Estudo 34 da Central de Balanços, Novembro 2018, Banco de Portugal (


Manual of MFI balance sheet statistics (2012) ¿ European Central Bank (


Manual on MFI interest rate statistics (2017) ¿ European Central Bank (


Outras publicações do Banco de Portugal e do Instituto Nacional de Estatística

Teaching method

The curricular unit is based primarily on theoretical and practical lessons. The theoretical-practical sessions include presentation of concepts and methodologies, analysis of practical cases, discussion and interpretation of results.

A set of group exercises to be completed in extra-classroom context are also proposed.

The learning outcomes (LO) are addressed in the following learning units (LU):

- LO1 is addressed in LU1 and LU2;

- LO2 is addressed in LU3;

- LO3 is addressed in LU4;

- LO4 is addressed in LU5;

- LO5 is addressed in LU6;

- LO6 is addressed in LU7.

Evaluation method


1st round: group project (50%) + final exam (50%).

2nd round: group project (50%) + final exam (50%).

Assessment elements based on group projects are supervised by the professors and subject to the elaboration of a report to be presented during classes. This element stimulates students¿ interest and is relevant in the process of understanding the economy¿s functioning. Group projects, as well as exams, will cover all LO.

Subject matter

The curricular unit is organized in seven Learning Units (LU):

  1. Main concepts and definitions
  2. Main macroeconomic indicators
  3. Households¿ financial worth and indebtedness
  4. Know the Portuguese businesses
  5. Measure banks¿ activity
  6. Understand the weight of the public sector
  7. External dependency dimensions


Programs where the course is taught: