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

Part II: Microeconomics
• Demand, supply and the market
• Consumer theory
• Introduction to behavioral economics
• Production theory
• Perfect competition and monopoly
• Imperfect competition and oligopoly
• Introduction to welfare economics

Part III: Macroeconomics
• National output and aggregate expenditure
• IS-LM model
• Monetary and fiscal policy
• Aggregate demand and aggregate supply
• Inflation and unemployment
• Economic growth
• Open economy macroeconomics


Core Documentation

David Begg, Gianluigi Vernasca, Stanley Fischer, Rudiger Dornbusch, Anna Maria Bagnasco, Anngela Besana. Economics, Mc Graw Hill, VII edition.

Attendance

Attendance is recommended but not mandatory.

Type of evaluation

The assessment consists of a written exam, divided into three questions.

teacher profile | teaching materials

Programme

Part I– Microeconomics: I. Economic Choice; II. Goods and services; III. Markets; IV. Economic equilibrium; V. Demand; VI. Supply; VII. Perfect competition; VIII. Imperfect competition; IX. Labor market; X. Factor markets.
Part II – Macroeconomics: I. National accounting; II. The Income-expenditure model; III. Money and financial markets; IV. The IS-LM model; V. Demand-side policies; VI. Inflation and unemployment; VII. Economic growth; VIII. The open economy.


Core Documentation

Feank, R.H., Cartwright, E. & Piras, R. Microeconomia. Mc Graw Hill (nona edizione), 2024.
Blanchard, Olivier, Alessia Amighini, and Francesco Giavazzi. Macroeconomia. Una prospettiva europea. (2020).


Attendance

Optional attendance

Type of evaluation

Exam with multiple choice questions, open questions, and exercises.

teacher profile | teaching materials

Canali

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 R A - C Feduzi Alberto

Programme

Part I: Introduction

Part II: Microeconomics
• Demand, supply and the market
• Consumer theory
• Introduction to behavioral economics
• Production theory
• Perfect competition and monopoly
• Imperfect competition and oligopoly
• Introduction to welfare economics

Part III: Macroeconomics
• National output and aggregate expenditure
• IS-LM model
• Monetary and fiscal policy
• Aggregate demand and aggregate supply
• Inflation and unemployment
• Economic growth
• Open economy macroeconomics


Core Documentation

David Begg, Gianluigi Vernasca, Stanley Fischer, Rudiger Dornbusch, Anna Maria Bagnasco, Anngela Besana. Economics, Mc Graw Hill, VII edition.

Attendance

Attendance is recommended but not mandatory.

Type of evaluation

The assessment consists of a written exam, divided into three questions.

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 R D - K D'AGOSTINO GIORGIO

Programme

Part I– Microeconomics: I. Economic Choice; II. Goods and services; III. Markets; IV. Economic equilibrium; V. Demand; VI. Supply; VII. Perfect competition; VIII. Imperfect competition; IX. Labor market; X. Factor markets.
Part II – Macroeconomics: I. National accounting; II. The Income-expenditure model; III. Money and financial markets; IV. The IS-LM model; V. Demand-side policies; VI. Inflation and unemployment; VII. Economic growth; VIII. The open economy.


Core Documentation

Feank, R.H., Cartwright, E. & Piras, R. Microeconomia. Mc Graw Hill (nona edizione), 2024.
Blanchard, Olivier, Alessia Amighini, and Francesco Giavazzi. Macroeconomia. Una prospettiva europea. (2020).


Attendance

Optional attendance

Type of evaluation

Exam with multiple choice questions, open questions, and exercises.

Canali

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 R A - C Feduzi Alberto

Programme

Part I: Introduction

Part II: Microeconomics
• Demand, supply and the market
• Consumer theory
• Introduction to behavioral economics
• Production theory
• Perfect competition and monopoly
• Imperfect competition and oligopoly
• Introduction to welfare economics

Part III: Macroeconomics
• National output and aggregate expenditure
• IS-LM model
• Monetary and fiscal policy
• Aggregate demand and aggregate supply
• Inflation and unemployment
• Economic growth
• Open economy macroeconomics


Core Documentation

David Begg, Gianluigi Vernasca, Stanley Fischer, Rudiger Dornbusch, Anna Maria Bagnasco, Anngela Besana. Economics, Mc Graw Hill, VII edition.

Attendance

Attendance is recommended but not mandatory.

Type of evaluation

The assessment consists of a written exam, divided into three questions.

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 R D - K D'AGOSTINO GIORGIO

Programme

Part I– Microeconomics: I. Economic Choice; II. Goods and services; III. Markets; IV. Economic equilibrium; V. Demand; VI. Supply; VII. Perfect competition; VIII. Imperfect competition; IX. Labor market; X. Factor markets.
Part II – Macroeconomics: I. National accounting; II. The Income-expenditure model; III. Money and financial markets; IV. The IS-LM model; V. Demand-side policies; VI. Inflation and unemployment; VII. Economic growth; VIII. The open economy.


Core Documentation

Feank, R.H., Cartwright, E. & Piras, R. Microeconomia. Mc Graw Hill (nona edizione), 2024.
Blanchard, Olivier, Alessia Amighini, and Francesco Giavazzi. Macroeconomia. Una prospettiva europea. (2020).


Attendance

Optional attendance

Type of evaluation

Exam with multiple choice questions, open questions, and exercises.

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 R L - P SBRENNA GIACOMO

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 R Q - Z CIAFFI GIOVANNA

Canali

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 R A - C Feduzi Alberto

Programme

Part I: Introduction

Part II: Microeconomics
• Demand, supply and the market
• Consumer theory
• Introduction to behavioral economics
• Production theory
• Perfect competition and monopoly
• Imperfect competition and oligopoly
• Introduction to welfare economics

Part III: Macroeconomics
• National output and aggregate expenditure
• IS-LM model
• Monetary and fiscal policy
• Aggregate demand and aggregate supply
• Inflation and unemployment
• Economic growth
• Open economy macroeconomics


Core Documentation

David Begg, Gianluigi Vernasca, Stanley Fischer, Rudiger Dornbusch, Anna Maria Bagnasco, Anngela Besana. Economics, Mc Graw Hill, VII edition.

Attendance

Attendance is recommended but not mandatory.

Type of evaluation

The assessment consists of a written exam, divided into three questions.

teacher profile | teaching materials

Mutuazione: 21210241 ECONOMIA POLITICA in Economia e gestione aziendale L-18 R D - K D'AGOSTINO GIORGIO

Programme

Part I– Microeconomics: I. Economic Choice; II. Goods and services; III. Markets; IV. Economic equilibrium; V. Demand; VI. Supply; VII. Perfect competition; VIII. Imperfect competition; IX. Labor market; X. Factor markets.
Part II – Macroeconomics: I. National accounting; II. The Income-expenditure model; III. Money and financial markets; IV. The IS-LM model; V. Demand-side policies; VI. Inflation and unemployment; VII. Economic growth; VIII. The open economy.


Core Documentation

Feank, R.H., Cartwright, E. & Piras, R. Microeconomia. Mc Graw Hill (nona edizione), 2024.
Blanchard, Olivier, Alessia Amighini, and Francesco Giavazzi. Macroeconomia. Una prospettiva europea. (2020).


Attendance

Optional attendance

Type of evaluation

Exam with multiple choice questions, open questions, and exercises.