Macroeconomics for Business


The aim of this course is to give students a general understanding of the economy in aggregate terms and policies, both
monetary and fiscal, to improving their function. Students should be able to interpret the mais macroeconomic events
descbribed in newspapers and assess economic implications that these events may have.

General characterization





Responsible teacher

João Luís Alves César das Neves


Weekly - Available soon

Total - Available soon

Teaching language





Wiliamson, Stephen (2004) Macroeconomics, Addison Wesley, Boston USA, 2nd Editon. Cameron R. (1993) A Concise
Economic History of the world, Oxford Univeristy Press, 2nd ed.,
Greenspan, Alan (2007) The Age of Turbulence. Adventures in a New World, The Penguin Press, New York.

Teaching method

Classes; Case studies and interactive writing, written assignments, group presentations, practical exercises.

Evaluation method

Final exam, classroom participation.

Subject matter

This course uses relevant economic literature. both analytical and empirical, in order to apply economic reasoning to real
world problems in different cultural and institutional environments.
The aim is to understand the different experiences of growth and development through the interaction between globalization
and government. The conflicting pressures of globalization of business and the empowerment of citizens will be presented
as case studies of countries that were able to adjust to these pressures.
The macroeconomic models of open economy will be taugth with an emphasis on institutions that dictate policy in monetary
and fiscal areas and management of international interdependencies among the various forms of integration and
cooperation among nation states.
Attention will be given to complementary policy and the design of structural reforms.


Programs where the course is taught: