Principles of Economics

ImportantA Note about Academic Year 2022-23

If you are enrolled in this course, you probably already know that I will be replacing Prof. Miguel Carvalho while he is on parental leave. Thus, I will be teaching only 8 classes (4 weeks) of this course in the second semester of 2022-23.

Contacts and Office hours

ricardo.mendes@iscte-iul.pt

Zoom private room

Office hours Fridays, 11:00–12:30 (under appointment)

Timetable of the practical sessions

Wednesdays, 18h00–19h30
Room 2E02

Thursdays, 19h30–21h00
Room C401

Plan of the course

Week Calendar Topic
2 February 15 & 17 Profitability and Break-even
3 February 24 Hiring and Firing
Group work exercise
4 March 1 & 3 Workers’ Performance and Pricing strategies
5 March 8 & 10 Prices, Subscriptions and Costumer lifetime value

References

  • Materials prepared by the teaching team.
  • Crespo, N. e Simões, N. (2021), Uma Viagem ao Mundo das Ideias Económicas? 100 Questões para Entender Economia, Actual Editora (Grupo Almedina).
  • Krugman, P. e Wells, R. (2018), Economics, 5ª edição, Worth.
  • Rinaldi, G. (2019), Economics for Policy Makers – A Guide for Non-Economists, Routledge.

Evaluation

Option A

  • 4 Group work exercises: 30% (best 3 out of 4, each 10%)
  • Individual essay: 20%
  • Exam: 50% (open book with respect to the course materials — slides, personal notes, etc., but excluding PC, tablet and mobile phone usage — and covering all the subjects) with minimum grade of 7.5 out of 20

Option B

  • One Final Exam covering all the topics: 100%