Contas Nacionais

Objectivos

The conception and set up of a system of accounts, at macroeconomic level, presents several potentialities allowing for comparisons across time and space. It is a complete, integrated and consistent set of accounts that allows for the recording of economic operations and activities that occur between the different institutional sectors of a given economy and, at the same time, between that economy and the rest of the world. The aim of the course is to present the theoretical concepts and the framework provided by the system of national accounts, namely, the System of National Accounts 2008 and the European System of National and Regional Accounts in the European Union 2010. The practical application of the concepts to concrete cases will also be presented and discussed.

Caracterização geral

Código

400006

Créditos

6.0

Professor responsável

Susana Filipa de Moura Lima

Horas

Semanais - A disponibilizar brevemente

Totais - A disponibilizar brevemente

Idioma de ensino

Português. No caso de existirem alunos de Erasmus, as aulas serão leccionadas em Inglês

Pré-requisitos

Não aplicável.

Bibliografia

Principal; System of National Accounts 2008 ¿ 2008 SNA and The European System of Regional and National Accounts (ESA 2010); Banco de Portugal, Methodological changes: ESA 2010 and BPM6; Eurostat Manual on the Changes between ESA95 and ESA2010 - 2014 edition; Manual on Government Deficit and Debt - Implementation of ESA 2010 - 2014 edition

Método de ensino

The course will be delivered through presentations. Whenever possible, teachers will take advantage of audiovisual support and examples. Theoretical lectures are foreseen for the presentation of concepts and methods that integrate the content of the course as well as discussion of concrete cases and practical application of the concepts.

Método de avaliação

[Option 1] Mid-term test: 30% (this test is mandatory) AND Case study: 20% AND 2nd test: 50%

In order to have final approval the student cannot have less than 8/20 neither in the mid-term test nor in the 2nd test. The mid-term test covers the topics from classes 1 to 5. The 2nd test covers the topics from classes 6 to 14.

 

OR

 

[Option 2] Final exam (2nd period only): 100%

The final grade will be the maximum grade between the average of the two tests and the final exam. Minimum for approval: 10/20.

Conteúdo

 

Structure of the course and references to the relevant SNA2008 and ESA2010 chapters

 

I ¿ Introduction and main concepts

 

I.1. WHAT?

a. Introduction and general framework; sequence of accounts.

b. Indicators beyond GDP.

c. Macroeconomic Imbalance Procedure (MIP) Scoreboard.

SNA2008: chap. 1; chap. 2; chap. 16

ESA2010: chap. 1; chap. 8; chap. 23; chap. 24

 

I.2. WHO? and HOW?

a. Institutional units and sectors.

SNA2008: chap. 4; chap. 21

ESA2010: chap. 2

b. How: Stocks and flows; assets and liabilities; accounting rules.  

SNA2008: chap. 3; chap. 13; chap. 15; chap. 18

ESA2010: chap. 1; chap. 10; chap. 21

 

II ¿ The non-financial accounts

 

II.1. The production account

SNA2008: chap. 6; chap. 14; chap. 28

ESA2010: chap. 3; chap. 9

 

II.2. The distribution and redistribution of income accounts

SNA2008: chap. 7; chap. 8

ESA2010: chap.4

 

II.3. The use of income accounts

SNA2008: chap. 9

ESA2010: chap.4

 

 

II.4. The capital account

SNA2008: chap. 10; chap. 13

ESA2010: chap. 3; chap. 4; chap. 7

 

III ¿ The financial accounts

 

III.1. General principles

SNA2008: chap. 11

ESA2010: chap. 5

 

III.2. Financial instruments

SNA2008: chap. 11; chap. 12; chap. 17.4

ESA2010: chap. 5

 

III.3. Compilation and flow-of-funds.

SNA2008: chap. 11; chap. 12; chap. 13; chap. 17.4; chap. 26; chap.27

ESA2010: chap. 5; chap. 6; chap. 7; chap. 18

 

III.4. The financial account of the institutional sectors: 20 years of the Portuguese economy through the lenses of financial accounts

SNA2008: chap. 11; chap. 12; chap. 13; chap. 17.4; chap. 26; chap.27

ESA2010: chap. 5; chap. 6; chap. 7; chap. 18

 

IV ¿ Public finances

 

IV.1. Sector delimitation and general principles

IV.2. Financial and non-financial operations

IV.3. Public debt and deficit-debt adjustment

SNA2008: chap. 22

ESA2010: chap.17; chap. 20