Curricular Unit:			Code:
Management Games: Economy for Management and Corporate Finance			811JGEG
Year:	Level:	Course:	Credits:
1	Master	Business Sciences	6 ects
Learning Period:		Language of Instruction:	Total Hours:
		Portuguese/English	78
Learning Outcomes of the Curricular Unit:
This curricular unit should enable the student to approach and know how to analyze some of the main financial decisions of the company, namely how to evaluate investment projects. The approach of the demand and supply model intends to constitute an example of sustaining business decisions in economic theory with the aim of looking for a consistent analysis framework that identifies the causal relationships between decisions and results and allows to predict under what circumstances a given decision produces a given result. The introduction of some concepts of Economics for Management and Corporate Finance aims to provide students with the necessary skills for the decisions they will have to make when using the “Management Games” program, namely in terms of supply and demand management and at the financial level. Thus, students must put into practice knowledge previously acquired when they will use a management simulator working as a team to manage a virtual organization.
Syllabus:
PC1. Introduction to Economics for Management 1.1. Economics and business decisions 1.2. Economic models 1.2.1. The model of demand and supply 1.2.1.1. Description and model representations 1.2.1.2. Using model 1.2.1.3. Application exercises PC2. Real Investment Evaluation 2.1. Real Investment Evaluation Criteria  2.2. Criteria application PC3. Management Games 3.1 Management of demand and supply. 3.2 Management operations. 3.3 Marketing management. 3.4 Financial management. 3.5 Human resource management.
Demonstration of the Syllabus Coherence with the Curricular Unit's Objectives:
The first two chapters of the program seek to help achieve the objectives proposed for this that course, including the ability to financially evaluate investment projects and support business decisions based on a referential consistent analysis (sustained in economic theory). The themes students must work on the management simulator are the ones that they have to manage on a real organization.
Teaching Methodologies (Including Evaluation):
Continous assessment. Two individual tests and the management simulator performance. 1st test (40% - CP1. and CP2.), 2nd test (20% - CP3.) + Game (simulator - 40%).
Demonstration of the Coherence between the Teaching Methodologies and the Learning Outcomes:
Being the objective to put into practice previously acquired knowledge, a management simulator is the most adequate tool to do it, without neglecting the need for initial framework of themes to apply in the simulator.
Reading:
[1] Mata, José. Economia da Empresa. 9ª Edição. Fundação Calouste Gulbenkian, Lisboa. [2] Mota, António; Barroso, Clementina; Nunes, João e Ferreira, Miguel (2020). Finanças da Empresa. Teoria e Prática. 6ª Edição. Edições Sílabo. Lisboa. [3] Ross, S. A., Westerfield, R. W., Jordan, B.D. (2010). Fundamentals of Corporate Finance. 9thEdition. OnLineBooksLibrary.McGrawHill/Irvin. [4] Puska, A., Beganovic, A. and Sadic, S. (2018). Model for Investment Decision Making by Applying the Multi-Criteria Analysis Method. [disponível na b-on] [5]Soares, I. et al. (2015). Decisões de Investimento: Análise Financeira de Projetos. 4ª Edição. Edições Sílabo. [6] www. cesim.com