Accreditations
Tuition fee EU nationals (2025/2026)
Tuition fee non-EU nationals (2025/2026)
Recommended optative
Optional courses will only be held if they achieve a minimum number of enrollments.
01109 - Environmental and Natural Resource Economics
L5020 - Economics of Knowledge and Innovation
00223 - Social and Solidarity Economy
03873 - Regional Economics and Local Development
L6052 - Tourism Economics
03167 - International Macroeconomics
L6054 - Game Theory in Economics
Objectives
Economics studies how to make optimal decisions taking constraints into account and adequately weighing the costs and benefits involved. Students will develop strong quantitative skills and learn to apply them in various settings, particularly in:
1) Microeconomics, which deals with problems at an individual level, such as the pricing of goods by firms and consumer behaviour of households. It also covers market structure, economic welfare and imperfect information. Microeconomics also deals with the effects of public policies (such as subsidies, taxation and legislation) on individual behaviour.
2) Macroeconomics, which deals with problems at an aggregate level, such as national income fluctuations, unemployment and inflation. Macroeconomics also deals with the effects of public policies (such as government spending and the setting of interest rates) on national economies.
3) Econometrics, which deals with the application of statistical methods to economic data, allowing one to test different theories and develop models that can be used for analysis or forecasting.
Students will also study more specialized topics (such as International Economics, Monetary Economics, and Finance) and in other related areas (such as Accounting, Management, Computation, and Law).
Students will develop critical thinking, analytical skills, communication and collaboration skills. The undergraduate in Economics at ISCTE will prepare students to deal with the future professional challenges they may face.
By the end of the program, the students with the bachelor's degree in economics will have gained the following competencies and reached the following learning objectives:
1) Competence in written communication in business environments, namely:
1.1) Explain issues locally and clearly to a specific audience
1.2) Write documents with a professional appearance
1.3) Summarize ideas and conclusions effectively
2) Competence in oral communication in a business environment, namely:
2.1) Act with professional appearance
2.2) Orally describe issues in a structured and clear manner
2.3) Use appropriate software and media support systems effectively to support their oral communications
3) Competence in ethical behavior, responsibility, and sustainability, namely:
3.1) Identify and evaluate issues, stakeholders, and their interests surrounding corporate responsibility and/or sustainability
3.2) Recognise and describe ethical dilemmas
4) Competence in teamwork and interpersonal dealing, namely:
4.1) Organize and allocate tasks among group members to meet goals efficiently and effectively
4.2) Demonstrate the ability to discuss ideas, resolve differences, and establish consensus
5) Competence in problem diagnosis and analysis, namely:
5.1) Select the appropriate software or methods to assess issues
5.2) Select the appropriate data to assess issues
5.3) Analyse issues effectively, leading to the formulation of well-supported solutions
6) Competence in economics, namely:
6.1) Identify and apply management theories
6.2) Identify the main characteristics of contemporary economic theories and debates
6.3) Explain the process of decision-making at the individual and form level
6.4) Discuss the power and the limitations of major economic policies
6.5) Use data in economic analysis
6.6) Identofy the strong points and the limitations of the modela and techniques used in economics.