Cursos / 1º Ciclo / Faculty of Economy and Business Management :: Economics

Versao Portuguesa


2º curricular year
Semestralidade: 2nd semester


Leading Teacher: Prof. Doutora Erika Laranjeira
Assistant Professor: Prof. Doutora Erika Laranjeira

Class type and School hours

Orientação Tutorial : 1 Horas
Teórico-prática : 2 Horas

Main Aims/Objectives

Through this course is intended to deepen and complement the knowledge acquired in the course of Microeconomics.

Specific Aims/Objectives

The course will focus on two dimensions: (i) Production, Costs and Supply and (ii) market structures.

Skills to be acquired

At the end of the course, students should be able to understand and discuss the behavior and problems of the firms and be able to propose solutions to these problems.

Teaching Procedures

In theoretical classes the exposed material is always accompanied by an illustration showing real cases. The tutorial classes are designed to clarify questions and do some exercises about the issues taught in the theoretical classes.


1. Production Theory
1.1. The production in the technical aspect
1.2. Production analysis in short run
1.3. Production analysis in long run

2. Cost Theory
2.1. Short run cost curves
2.2. Long run cost curves

3. Market Structures
3.1. Perfect competition
3.2. Monopoly
3.3. Comparison between perfect competition and monopoly
3.4. Imperfect competition

Evaluation Type

Two tests.

Teaching Resources

Materials provided in classes.


Perfect Competition
Market Power

Main Bibliography

Author BESANKO, David ; BRAEUTIGAM, Ronald
Title Microeconomics
Edition 5ª Ed.
Place EUA
Editor John Wiley & Sons Inc.
Year 2014
Author VARIAN, Hal
Title Intermediate Microeconomics: A Modern Approach
Edition 9ª Ed.
Place EUA
Editor W. W. Norton & Company
Year 2014
Author TAYLOR, Mark; MANKIW, Gregory
Title Economics
Edition 3ª Ed.
Place EUA
Editor Cengage Learning EMEA
Year 2014

Complementary Bibliography

Author PINHO, Micaela
Title Microeconomia: Teoria e Prática Simplificada
Edition 1ª Ed.
Place Lisboa
Editor Sílabo Editora
Year 2012