The course aims to provide the basic tools of economics, useful to understand the reality and the evolution of the economic system. Particular attention will be paid to the changes induced by the digital transformation. At the end of the course, students will be able to: O1) understand and use the main concepts of microeconomic analysis (consumer, business, market and competitive equilibrium, welfare implications, market failures); O2) understand the impact of the choices of individual players on the entire economic system through simple models; O3) understand the use of the main economic indicators and interpret simple empirical evidence
Canali
teacher profile teaching materials
Introductory concepts
The market: supply and demand
Part II. Microeconomics
Consumption theory
Theory of production
Externalities, taxes and the role of the State
Non-competitive markets and fundamentals of game theory
Welfare economics
Social economics and CSR
Part III. Macroeconomics
Economic aggregates
The main macroeconomic models: Income--Expenditure, IS--LM, AD--AS
Growth theory
Employment and unemployment
Credit markets and the monetary system
International trade
Open economy
The course will be mainly based on the following textbooks:
Bernheim, B.D e M.D. Whinston (2018). Microeconomia. Mc Graw Hill (o edizioni successive).
Blanchard, O., A. Amighini, F. Giavazzi (2020). Macroeconomia. Una prospettiva Europea. Il Mulino.
Other recommended texts are:
Acemoglu, D., D. Laibson, J.A. List (2020). Principi di economia politica. Teoria ed evidenza empirica. 2a ed., Pearson (o edizioni successive).
Samuelson, P.A., D.W. Nordhaus, C.A. Bollino (2006). Economia. Mc Graw Hill, XXI ed.
Becchetti, L., L. Bruni, S. Zamagni (2014). Microeconomia. Un testo di economia civile. Il Mulino.
Programme
Part IIntroductory concepts
The market: supply and demand
Part II. Microeconomics
Consumption theory
Theory of production
Externalities, taxes and the role of the State
Non-competitive markets and fundamentals of game theory
Welfare economics
Social economics and CSR
Part III. Macroeconomics
Economic aggregates
The main macroeconomic models: Income--Expenditure, IS--LM, AD--AS
Growth theory
Employment and unemployment
Credit markets and the monetary system
International trade
Open economy
Core Documentation
The course is based on the topics covered in most of the basic textbooks on microeconomics, macroeconomics and political economy.The course will be mainly based on the following textbooks:
Bernheim, B.D e M.D. Whinston (2018). Microeconomia. Mc Graw Hill (o edizioni successive).
Blanchard, O., A. Amighini, F. Giavazzi (2020). Macroeconomia. Una prospettiva Europea. Il Mulino.
Other recommended texts are:
Acemoglu, D., D. Laibson, J.A. List (2020). Principi di economia politica. Teoria ed evidenza empirica. 2a ed., Pearson (o edizioni successive).
Samuelson, P.A., D.W. Nordhaus, C.A. Bollino (2006). Economia. Mc Graw Hill, XXI ed.
Becchetti, L., L. Bruni, S. Zamagni (2014). Microeconomia. Un testo di economia civile. Il Mulino.
Reference Bibliography
Acemoglu, D., D. Laibson, J.A. List (2020). Principles of political economy. Theory and empirical evidence. 2nd ed., Pearson (or later editions). Samuelson, P.A., D.W. Nordhaus, C.A. Bollino (2006). Economics. Mc Graw Hill, XXI ed. Becchetti, L., L. Bruni, S. Zamagni (2014). Microeconomics. A text on civic economics. Il Mulino. Blanchard, O., A. Amighini, F. Giavazzi (2020). Macroeconomics. A European perspective. The Mulino.Attendance
Attendance is not compulsory.Type of evaluation
The final assessment consists of a written and an oral test. A pass (≥ 18) in both tests is required to pass the exam. The final grade will be the average of the marks obtained in both tests. One intermediate test will be held during the course; if passed, it may replace half of the written test in the first available slot.