21210241 - PRINCIPLES OF ECONOMICS

The main aim of the course is to provide the basic elements of political economy in the fields both of microeconomics (theories of consumption, of production, of prices and market forms) and macroeconomics (determination of national income, markets of goods, money and labor, introduction to the open economy and to international economic relations).

At the end of the course, students
- will have become familiar with the fundamental categories of economic analysis, also through the basic knowledge of approaches and differences within economic modeling;
- will be able to focus both in a micro and macro economic key the relevance of behaviors and choices of economic agents and the interdependence between markets in determining national income.

Curriculum

Canali

teacher profile | teaching materials

Programme

Part I - Introduction and National accounts
0. Introduction to political economy. Organization of the class
1. National accounts
2. Economic indicators
Part II - Macroeconomics (short run)
3. Income-expenditure model in a closed economy
4. Income-expenditure model in an open economy
5. Money and financial markets
6. IS-LM model in a closed economy
7. IS-LM model in an open economy
Part III - Microeconomics (consumption, production, markets)
8. Consumption
9. Production and costs
10. Perfect competition
11. Monopoly
12. Oligopoly and introduction to game theory
Part IV - Microeconomics (prices, labor market, wages)
13. Prices
14. Labor market
15. Wages
Part V – Macroeconomics (medium run)
16. AD-AS and PS-WS models
17. Inflation and unemployment
18. Exchange rates regimes
Part VI - Intermediate political economy
19. Economic growth
20. Economic general equilibrium, Keynes, classical theory

Core Documentation

O. Blanchard, A. Amighini, F. Giavazzi, Macroeconomia, Il Mulino, last edition, cap. 1,2,3,4,5,7,8,10,11,17,18,19,20
R. H. Frank, Microeconomia, McGraw Hill Italia, last edition, cap. 3,4,9,10,11,12,13.4,13.5,15.2,15.7
The basic materials for studying are contained in the slide of the lectures, available on the Moodle site of the course


Type of delivery of the course

66 hours in 33 2-hours classes (6 hours per week) 20 hours in 10 2-hours practice classes (2 hours per week)

Attendance

Frequency is recommended but not mandatory

Type of evaluation

Final evaluation through written examination (exercises and compositions) and oral discussion

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 A - C CAUSI MARCO

Programme

Part I - Introduction and National accounts
0. Introduction to political economy. Organization of the class
1. National accounts
2. Economic indicators
Part II - Macroeconomics (short run)
3. Income-expenditure model in a closed economy
4. Income-expenditure model in an open economy
5. Money and financial markets
6. IS-LM model in a closed economy
7. IS-LM model in an open economy
Part III - Microeconomics (consumption, production, markets)
8. Consumption
9. Production and costs
10. Perfect competition
11. Monopoly
12. Oligopoly and introduction to game theory
Part IV - Microeconomics (prices, labor market, wages)
13. Prices
14. Labor market
15. Wages
Part V – Macroeconomics (medium run)
16. AD-AS and PS-WS models
17. Inflation and unemployment
18. Exchange rates regimes
Part VI - Intermediate political economy
19. Economic growth
20. Economic general equilibrium, Keynes, classical theory


Core Documentation

O. Blanchard, A. Amighini, F. Giavazzi, Macroeconomia, Il Mulino, last edition, cap. 1,2,3,4,5,7,8,10,11,17,18,19,20
R. H. Frank, Microeconomia, McGraw Hill Italia, last edition, cap. 3,4,9,10,11,12,13.4,13.5,15.2,15.7
The basic materials for studying are contained in the slide of the lectures, available on the Moodle site of the course


Type of delivery of the course

66 hours in 33 2-hours classes (6 hours per week) 20 hours in 10 2-hours practice classes (2 hours per week)

Attendance

Frequency is recommended but not mandatory

Type of evaluation

Final evaluation through written examination (exercises and compositions) and oral discussion

teacher profile | teaching materials

Programme

Introductory lesson
1. Origin and development of political economy: the classical school, the marginalist school and the Keynesian revolution
Macroeconomics
1. National accounts
2. Economic and labor market indicators
3. The income-expenditure model
4. The IS-LM model
5. The WS-PS model and the Phillips curve
6. The IS-LM-PC model
7. Distribution, employment and growth: the post-Keynesian school
Microeconomics
2. Theory of consumption
to. The rational choice
b. Individual and market demand
3. Theory of production
to. Production
b. Costs
4. Market forms
to. The perfect competition
b. Monopoly and oligopoly
5. Supply of production factors
6. General Equilibrium
7. Alternative theories: outline

Core Documentation

Blanchard, O., Amighini, A., & Giavazzi, F. (2021). Scoprire la macroeconomia. I. Quello che non si può non sapere. Il mulino. https://www.pandoracampus.it/store/details/10.978.8815/366351
R. H. Frank, Microeconomia, McGraw Hill Italia, ultima edizione https://www.mheducation.it/microeconomia-8-ed-con-connect-9788838697067-italy
Handouts and papers by the teacher


Type of delivery of the course

The course will be delivered in person. In addition to three 2-hour lectures per week, there will be 20 hours of exercises aimed at illustrating the application of the concepts covered in class

Attendance

Participation is voluntary, although attendance is advised

Type of evaluation

The exam will consist of a written test composed of: 10 multiple choice questions; 2 exercises; one open-ended question. The oral exam is voluntary for those who have obtained a sufficient grade (at least 18/30). It is mandatory for those who have achieved a grade of at least 16/30 and intend to formalize the grade.

teacher profile | teaching materials

Programme

Microeconomics:
Part 1: Basic concepts (chapters 1, 2, 3)
- The Central Concepts of Economic
- Basic Elements of Supply and Demand

Parte 2: Supply, demand and competitive markets (chapters 4, 5, 6, 7)
- Demand and consumer behavior
- Production and technology
- Analysis of costs
- Competitive equilibrium

Part 3: Imperfect competition (chapters 8, 9, 10, 11, 12)
- Imperfect competition and monopoly
- Oligopoly and game theory
- Factor markets




Macroeconomics
Introduction
- What is Macroeconomics
- Some elements of the System of National Accounts

Part 1: The Short Run
- The Goods Market
- Financial Markets
- The IS-LM Model

Part 2: The Medium Run
- The Labor Market
- The Phillips Curve, the Natural Rate of Unemployment, and Inflation
- The IS-LM-PC Model

Part 3: Extensions
- The open economy and the Exchange Rate Regimes

Core Documentation

- Paul Samuelson and William Nordhaus "Economics" ed. Mc Graw Hill
- Olivier Blanchard "Macroeconomics". ed. Pearson

Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

Lectures and exercises The educational activities include lectures, lasting 2 hours three times a week, and exercises with the aim of illustrating the application of the issues covered in the lectures. The days assigned to the exercises will be communicated in advance by the teacher.

Attendance

Attendance is not mandatory

Type of evaluation

Mandatory written exam (max 2-hour.) It consists of multiple choice questions, open questions and exercises. If, due to the limitations posed by Covid 19, it is not possible to carry out the written exam, then it will consist of a Mandatory on-line oral discussion, composed of multiple choice questions and open questions.

Canali

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 A - C CAUSI MARCO

Programme

Part I - Introduction and National accounts
0. Introduction to political economy. Organization of the class
1. National accounts
2. Economic indicators
Part II - Macroeconomics (short run)
3. Income-expenditure model in a closed economy
4. Income-expenditure model in an open economy
5. Money and financial markets
6. IS-LM model in a closed economy
7. IS-LM model in an open economy
Part III - Microeconomics (consumption, production, markets)
8. Consumption
9. Production and costs
10. Perfect competition
11. Monopoly
12. Oligopoly and introduction to game theory
Part IV - Microeconomics (prices, labor market, wages)
13. Prices
14. Labor market
15. Wages
Part V – Macroeconomics (medium run)
16. AD-AS and PS-WS models
17. Inflation and unemployment
18. Exchange rates regimes
Part VI - Intermediate political economy
19. Economic growth
20. Economic general equilibrium, Keynes, classical theory


Core Documentation

O. Blanchard, A. Amighini, F. Giavazzi, Macroeconomia, Il Mulino, last edition, cap. 1,2,3,4,5,7,8,10,11,17,18,19,20
R. H. Frank, Microeconomia, McGraw Hill Italia, last edition, cap. 3,4,9,10,11,12,13.4,13.5,15.2,15.7
The basic materials for studying are contained in the slide of the lectures, available on the Moodle site of the course


Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

66 hours in 33 2-hours classes (6 hours per week) 20 hours in 10 2-hours practice classes (2 hours per week)

Attendance

Frequency is recommended but not mandatory

Type of evaluation

Final evaluation through written examination (exercises and compositions) and oral discussion

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 A - C CAUSI MARCO

Programme

Part I - Introduction and National accounts
0. Introduction to political economy. Organization of the class
1. National accounts
2. Economic indicators
Part II - Macroeconomics (short run)
3. Income-expenditure model in a closed economy
4. Income-expenditure model in an open economy
5. Money and financial markets
6. IS-LM model in a closed economy
7. IS-LM model in an open economy
Part III - Microeconomics (consumption, production, markets)
8. Consumption
9. Production and costs
10. Perfect competition
11. Monopoly
12. Oligopoly and introduction to game theory
Part IV - Microeconomics (prices, labor market, wages)
13. Prices
14. Labor market
15. Wages
Part V – Macroeconomics (medium run)
16. AD-AS and PS-WS models
17. Inflation and unemployment
18. Exchange rates regimes
Part VI - Intermediate political economy
19. Economic growth
20. Economic general equilibrium, Keynes, classical theory


Core Documentation

O. Blanchard, A. Amighini, F. Giavazzi, Macroeconomia, Il Mulino, last edition, cap. 1,2,3,4,5,7,8,10,11,17,18,19,20
R. H. Frank, Microeconomia, McGraw Hill Italia, last edition, cap. 3,4,9,10,11,12,13.4,13.5,15.2,15.7
The basic materials for studying are contained in the slide of the lectures, available on the Moodle site of the course


Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

66 hours in 33 2-hours classes (6 hours per week) 20 hours in 10 2-hours practice classes (2 hours per week)

Attendance

Frequency is recommended but not mandatory

Type of evaluation

Final evaluation through written examination (exercises and compositions) and oral discussion

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 L - P ROMANIELLO DAVIDE

Programme

Introductory lesson
1. Origin and development of political economy: the classical school, the marginalist school and the Keynesian revolution
Macroeconomics
1. National accounts
2. Economic and labor market indicators
3. The income-expenditure model
4. The IS-LM model
5. The WS-PS model and the Phillips curve
6. The IS-LM-PC model
7. Distribution, employment and growth: the post-Keynesian school
Microeconomics
2. Theory of consumption
to. The rational choice
b. Individual and market demand
3. Theory of production
to. Production
b. Costs
4. Market forms
to. The perfect competition
b. Monopoly and oligopoly
5. Supply of production factors
6. General Equilibrium
7. Alternative theories: outline

Core Documentation

Blanchard, O., Amighini, A., & Giavazzi, F. (2021). Scoprire la macroeconomia. I. Quello che non si può non sapere. Il mulino. https://www.pandoracampus.it/store/details/10.978.8815/366351
R. H. Frank, Microeconomia, McGraw Hill Italia, ultima edizione https://www.mheducation.it/microeconomia-8-ed-con-connect-9788838697067-italy
Handouts and papers by the teacher


Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

The course will be delivered in person. In addition to three 2-hour lectures per week, there will be 20 hours of exercises aimed at illustrating the application of the concepts covered in class

Attendance

Participation is voluntary, although attendance is advised

Type of evaluation

The exam will consist of a written test composed of: 10 multiple choice questions; 2 exercises; one open-ended question. The oral exam is voluntary for those who have obtained a sufficient grade (at least 18/30). It is mandatory for those who have achieved a grade of at least 16/30 and intend to formalize the grade.

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 Q - Z GIULI FRANCESCO

Programme

Microeconomics:
Part 1: Basic concepts (chapters 1, 2, 3)
- The Central Concepts of Economic
- Basic Elements of Supply and Demand

Parte 2: Supply, demand and competitive markets (chapters 4, 5, 6, 7)
- Demand and consumer behavior
- Production and technology
- Analysis of costs
- Competitive equilibrium

Part 3: Imperfect competition (chapters 8, 9, 10, 11, 12)
- Imperfect competition and monopoly
- Oligopoly and game theory
- Factor markets




Macroeconomics
Introduction
- What is Macroeconomics
- Some elements of the System of National Accounts

Part 1: The Short Run
- The Goods Market
- Financial Markets
- The IS-LM Model

Part 2: The Medium Run
- The Labor Market
- The Phillips Curve, the Natural Rate of Unemployment, and Inflation
- The IS-LM-PC Model

Part 3: Extensions
- The open economy and the Exchange Rate Regimes

Core Documentation

- Paul Samuelson and William Nordhaus "Economics" ed. Mc Graw Hill
- Olivier Blanchard "Macroeconomics". ed. Pearson

Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

Lectures and exercises The educational activities include lectures, lasting 2 hours three times a week, and exercises with the aim of illustrating the application of the issues covered in the lectures. The days assigned to the exercises will be communicated in advance by the teacher.

Attendance

Attendance is not mandatory

Type of evaluation

Mandatory written exam (max 2-hour.) It consists of multiple choice questions, open questions and exercises. If, due to the limitations posed by Covid 19, it is not possible to carry out the written exam, then it will consist of a Mandatory on-line oral discussion, composed of multiple choice questions and open questions.

Canali

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 A - C CAUSI MARCO

Programme

Part I - Introduction and National accounts
0. Introduction to political economy. Organization of the class
1. National accounts
2. Economic indicators
Part II - Macroeconomics (short run)
3. Income-expenditure model in a closed economy
4. Income-expenditure model in an open economy
5. Money and financial markets
6. IS-LM model in a closed economy
7. IS-LM model in an open economy
Part III - Microeconomics (consumption, production, markets)
8. Consumption
9. Production and costs
10. Perfect competition
11. Monopoly
12. Oligopoly and introduction to game theory
Part IV - Microeconomics (prices, labor market, wages)
13. Prices
14. Labor market
15. Wages
Part V – Macroeconomics (medium run)
16. AD-AS and PS-WS models
17. Inflation and unemployment
18. Exchange rates regimes
Part VI - Intermediate political economy
19. Economic growth
20. Economic general equilibrium, Keynes, classical theory


Core Documentation

O. Blanchard, A. Amighini, F. Giavazzi, Macroeconomia, Il Mulino, last edition, cap. 1,2,3,4,5,7,8,10,11,17,18,19,20
R. H. Frank, Microeconomia, McGraw Hill Italia, last edition, cap. 3,4,9,10,11,12,13.4,13.5,15.2,15.7
The basic materials for studying are contained in the slide of the lectures, available on the Moodle site of the course


Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

66 hours in 33 2-hours classes (6 hours per week) 20 hours in 10 2-hours practice classes (2 hours per week)

Attendance

Frequency is recommended but not mandatory

Type of evaluation

Final evaluation through written examination (exercises and compositions) and oral discussion

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 A - C CAUSI MARCO

Programme

Part I - Introduction and National accounts
0. Introduction to political economy. Organization of the class
1. National accounts
2. Economic indicators
Part II - Macroeconomics (short run)
3. Income-expenditure model in a closed economy
4. Income-expenditure model in an open economy
5. Money and financial markets
6. IS-LM model in a closed economy
7. IS-LM model in an open economy
Part III - Microeconomics (consumption, production, markets)
8. Consumption
9. Production and costs
10. Perfect competition
11. Monopoly
12. Oligopoly and introduction to game theory
Part IV - Microeconomics (prices, labor market, wages)
13. Prices
14. Labor market
15. Wages
Part V – Macroeconomics (medium run)
16. AD-AS and PS-WS models
17. Inflation and unemployment
18. Exchange rates regimes
Part VI - Intermediate political economy
19. Economic growth
20. Economic general equilibrium, Keynes, classical theory


Core Documentation

O. Blanchard, A. Amighini, F. Giavazzi, Macroeconomia, Il Mulino, last edition, cap. 1,2,3,4,5,7,8,10,11,17,18,19,20
R. H. Frank, Microeconomia, McGraw Hill Italia, last edition, cap. 3,4,9,10,11,12,13.4,13.5,15.2,15.7
The basic materials for studying are contained in the slide of the lectures, available on the Moodle site of the course


Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

66 hours in 33 2-hours classes (6 hours per week) 20 hours in 10 2-hours practice classes (2 hours per week)

Attendance

Frequency is recommended but not mandatory

Type of evaluation

Final evaluation through written examination (exercises and compositions) and oral discussion

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 L - P ROMANIELLO DAVIDE

Programme

Introductory lesson
1. Origin and development of political economy: the classical school, the marginalist school and the Keynesian revolution
Macroeconomics
1. National accounts
2. Economic and labor market indicators
3. The income-expenditure model
4. The IS-LM model
5. The WS-PS model and the Phillips curve
6. The IS-LM-PC model
7. Distribution, employment and growth: the post-Keynesian school
Microeconomics
2. Theory of consumption
to. The rational choice
b. Individual and market demand
3. Theory of production
to. Production
b. Costs
4. Market forms
to. The perfect competition
b. Monopoly and oligopoly
5. Supply of production factors
6. General Equilibrium
7. Alternative theories: outline

Core Documentation

Blanchard, O., Amighini, A., & Giavazzi, F. (2021). Scoprire la macroeconomia. I. Quello che non si può non sapere. Il mulino. https://www.pandoracampus.it/store/details/10.978.8815/366351
R. H. Frank, Microeconomia, McGraw Hill Italia, ultima edizione https://www.mheducation.it/microeconomia-8-ed-con-connect-9788838697067-italy
Handouts and papers by the teacher


Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

The course will be delivered in person. In addition to three 2-hour lectures per week, there will be 20 hours of exercises aimed at illustrating the application of the concepts covered in class

Attendance

Participation is voluntary, although attendance is advised

Type of evaluation

The exam will consist of a written test composed of: 10 multiple choice questions; 2 exercises; one open-ended question. The oral exam is voluntary for those who have obtained a sufficient grade (at least 18/30). It is mandatory for those who have achieved a grade of at least 16/30 and intend to formalize the grade.

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 Q - Z GIULI FRANCESCO

Programme

Microeconomics:
Part 1: Basic concepts (chapters 1, 2, 3)
- The Central Concepts of Economic
- Basic Elements of Supply and Demand

Parte 2: Supply, demand and competitive markets (chapters 4, 5, 6, 7)
- Demand and consumer behavior
- Production and technology
- Analysis of costs
- Competitive equilibrium

Part 3: Imperfect competition (chapters 8, 9, 10, 11, 12)
- Imperfect competition and monopoly
- Oligopoly and game theory
- Factor markets




Macroeconomics
Introduction
- What is Macroeconomics
- Some elements of the System of National Accounts

Part 1: The Short Run
- The Goods Market
- Financial Markets
- The IS-LM Model

Part 2: The Medium Run
- The Labor Market
- The Phillips Curve, the Natural Rate of Unemployment, and Inflation
- The IS-LM-PC Model

Part 3: Extensions
- The open economy and the Exchange Rate Regimes

Core Documentation

- Paul Samuelson and William Nordhaus "Economics" ed. Mc Graw Hill
- Olivier Blanchard "Macroeconomics". ed. Pearson

Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

Lectures and exercises The educational activities include lectures, lasting 2 hours three times a week, and exercises with the aim of illustrating the application of the issues covered in the lectures. The days assigned to the exercises will be communicated in advance by the teacher.

Attendance

Attendance is not mandatory

Type of evaluation

Mandatory written exam (max 2-hour.) It consists of multiple choice questions, open questions and exercises. If, due to the limitations posed by Covid 19, it is not possible to carry out the written exam, then it will consist of a Mandatory on-line oral discussion, composed of multiple choice questions and open questions.

Canali

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 A - C CAUSI MARCO

Programme

Part I - Introduction and National accounts
0. Introduction to political economy. Organization of the class
1. National accounts
2. Economic indicators
Part II - Macroeconomics (short run)
3. Income-expenditure model in a closed economy
4. Income-expenditure model in an open economy
5. Money and financial markets
6. IS-LM model in a closed economy
7. IS-LM model in an open economy
Part III - Microeconomics (consumption, production, markets)
8. Consumption
9. Production and costs
10. Perfect competition
11. Monopoly
12. Oligopoly and introduction to game theory
Part IV - Microeconomics (prices, labor market, wages)
13. Prices
14. Labor market
15. Wages
Part V – Macroeconomics (medium run)
16. AD-AS and PS-WS models
17. Inflation and unemployment
18. Exchange rates regimes
Part VI - Intermediate political economy
19. Economic growth
20. Economic general equilibrium, Keynes, classical theory


Core Documentation

O. Blanchard, A. Amighini, F. Giavazzi, Macroeconomia, Il Mulino, last edition, cap. 1,2,3,4,5,7,8,10,11,17,18,19,20
R. H. Frank, Microeconomia, McGraw Hill Italia, last edition, cap. 3,4,9,10,11,12,13.4,13.5,15.2,15.7
The basic materials for studying are contained in the slide of the lectures, available on the Moodle site of the course


Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

66 hours in 33 2-hours classes (6 hours per week) 20 hours in 10 2-hours practice classes (2 hours per week)

Attendance

Frequency is recommended but not mandatory

Type of evaluation

Final evaluation through written examination (exercises and compositions) and oral discussion

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 A - C CAUSI MARCO

Programme

Part I - Introduction and National accounts
0. Introduction to political economy. Organization of the class
1. National accounts
2. Economic indicators
Part II - Macroeconomics (short run)
3. Income-expenditure model in a closed economy
4. Income-expenditure model in an open economy
5. Money and financial markets
6. IS-LM model in a closed economy
7. IS-LM model in an open economy
Part III - Microeconomics (consumption, production, markets)
8. Consumption
9. Production and costs
10. Perfect competition
11. Monopoly
12. Oligopoly and introduction to game theory
Part IV - Microeconomics (prices, labor market, wages)
13. Prices
14. Labor market
15. Wages
Part V – Macroeconomics (medium run)
16. AD-AS and PS-WS models
17. Inflation and unemployment
18. Exchange rates regimes
Part VI - Intermediate political economy
19. Economic growth
20. Economic general equilibrium, Keynes, classical theory


Core Documentation

O. Blanchard, A. Amighini, F. Giavazzi, Macroeconomia, Il Mulino, last edition, cap. 1,2,3,4,5,7,8,10,11,17,18,19,20
R. H. Frank, Microeconomia, McGraw Hill Italia, last edition, cap. 3,4,9,10,11,12,13.4,13.5,15.2,15.7
The basic materials for studying are contained in the slide of the lectures, available on the Moodle site of the course


Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

66 hours in 33 2-hours classes (6 hours per week) 20 hours in 10 2-hours practice classes (2 hours per week)

Attendance

Frequency is recommended but not mandatory

Type of evaluation

Final evaluation through written examination (exercises and compositions) and oral discussion

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 L - P ROMANIELLO DAVIDE

Programme

Introductory lesson
1. Origin and development of political economy: the classical school, the marginalist school and the Keynesian revolution
Macroeconomics
1. National accounts
2. Economic and labor market indicators
3. The income-expenditure model
4. The IS-LM model
5. The WS-PS model and the Phillips curve
6. The IS-LM-PC model
7. Distribution, employment and growth: the post-Keynesian school
Microeconomics
2. Theory of consumption
to. The rational choice
b. Individual and market demand
3. Theory of production
to. Production
b. Costs
4. Market forms
to. The perfect competition
b. Monopoly and oligopoly
5. Supply of production factors
6. General Equilibrium
7. Alternative theories: outline

Core Documentation

Blanchard, O., Amighini, A., & Giavazzi, F. (2021). Scoprire la macroeconomia. I. Quello che non si può non sapere. Il mulino. https://www.pandoracampus.it/store/details/10.978.8815/366351
R. H. Frank, Microeconomia, McGraw Hill Italia, ultima edizione https://www.mheducation.it/microeconomia-8-ed-con-connect-9788838697067-italy
Handouts and papers by the teacher


Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

The course will be delivered in person. In addition to three 2-hour lectures per week, there will be 20 hours of exercises aimed at illustrating the application of the concepts covered in class

Attendance

Participation is voluntary, although attendance is advised

Type of evaluation

The exam will consist of a written test composed of: 10 multiple choice questions; 2 exercises; one open-ended question. The oral exam is voluntary for those who have obtained a sufficient grade (at least 18/30). It is mandatory for those who have achieved a grade of at least 16/30 and intend to formalize the grade.

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 Q - Z GIULI FRANCESCO

Programme

Microeconomics:
Part 1: Basic concepts (chapters 1, 2, 3)
- The Central Concepts of Economic
- Basic Elements of Supply and Demand

Parte 2: Supply, demand and competitive markets (chapters 4, 5, 6, 7)
- Demand and consumer behavior
- Production and technology
- Analysis of costs
- Competitive equilibrium

Part 3: Imperfect competition (chapters 8, 9, 10, 11, 12)
- Imperfect competition and monopoly
- Oligopoly and game theory
- Factor markets




Macroeconomics
Introduction
- What is Macroeconomics
- Some elements of the System of National Accounts

Part 1: The Short Run
- The Goods Market
- Financial Markets
- The IS-LM Model

Part 2: The Medium Run
- The Labor Market
- The Phillips Curve, the Natural Rate of Unemployment, and Inflation
- The IS-LM-PC Model

Part 3: Extensions
- The open economy and the Exchange Rate Regimes

Core Documentation

- Paul Samuelson and William Nordhaus "Economics" ed. Mc Graw Hill
- Olivier Blanchard "Macroeconomics". ed. Pearson

Reference Bibliography

- See the references in the textbooks

Type of delivery of the course

Lectures and exercises The educational activities include lectures, lasting 2 hours three times a week, and exercises with the aim of illustrating the application of the issues covered in the lectures. The days assigned to the exercises will be communicated in advance by the teacher.

Attendance

Attendance is not mandatory

Type of evaluation

Mandatory written exam (max 2-hour.) It consists of multiple choice questions, open questions and exercises. If, due to the limitations posed by Covid 19, it is not possible to carry out the written exam, then it will consist of a Mandatory on-line oral discussion, composed of multiple choice questions and open questions.