Macroeconomics is an introduction to the study of advanced macroeconomics. Therefore, students are supposed to know the contents of both introductory-level (e.g. Macroconomics I at ISEG) and intermediate-level short-run macroeconomics (e.g. Macroeconomics II). Intermediate-level long-run macroeconomics (e.g. Economics of Growth and Development) would be a plus, but it is not strictly necessary.
Furthermore, this is a course that intensively uses quantitative methods. Thus, students are supposed to know basic algebra (e.g. Mathematics I), calculus (e.g. Mathematics II), statistics (e.g. Probability and Statistics), and econometrics (e.g. Econometrics I and II).
Finally, we also expect students to know both introductory and intermediate microeconomics (e.g. Microeconomics I and II). If you are a student of either the MSc in Economics or in Monetary and Financial Economics and you did not study these topics, please enroll on ISEG Research's Preliminary Courses for MSc and PhD Students, before you start this course. You have also "A Summer Study Guide for New Students of the MSc in Economics and MSc in Monetary and Financial Economics" (login required) to help you.
Exchange students (e.g. Erasmus) should not enroll in Macroeconomics (advanced level) if they have never had intermediate-level courses in macroeconomics, microeconomics, and quantitative methods before.