Basic knowledge of economic models of behaviours and interactions among market actors (consumers and firms). Analysis of cost accounting and capital budgeting methods and tools, aimed at understanding the role of risk evaluation.
Curriculum
teacher profile teaching materials
Demand and supply behavior: Budget constraint, demand elasticity; production decisions, profit maximization, technology and production function, cost functions (short and long term).
Management accounting: Full costs and their applications; Direct and indirect costs. Variable and fixed costs.
Accounting methods: traditional indirect allocation methods; job and process costing; activity based costing
Capital budgeting:
Discounted Cash flows: discount rate and its role as an opportunity cost; NPV, IRR and Payback rule; Compund and linear rate of return; Nominal and real discount rate; Project interaction.
THE BOOK HAS BEEN MADE BY MERGING THE FOLLOWING BOOK CHAPTERS:
BERNHEIM, WHINSTON, “MICROECONOMIA”, 3/ED, MC GRAW HILL, 2017 – CAPITOLI DA 1 A 4 e da 6 a 8
ANTHONY, HAWKINS, MACRI’, MERCHANT, “SISTEMI DI CONTROLLO” 14/ED, MAC GRAW HILL, 2016 – CAPITOLI DA 1 A 6 E DA 14 A 17
Programme
Elements of economic analysisDemand and supply behavior: Budget constraint, demand elasticity; production decisions, profit maximization, technology and production function, cost functions (short and long term).
Management accounting: Full costs and their applications; Direct and indirect costs. Variable and fixed costs.
Accounting methods: traditional indirect allocation methods; job and process costing; activity based costing
Capital budgeting:
Discounted Cash flows: discount rate and its role as an opportunity cost; NPV, IRR and Payback rule; Compund and linear rate of return; Nominal and real discount rate; Project interaction.
Core Documentation
“ECONOMIA APPLICATA ALL’INGEGNERIA”, MC GRAW HILL EDITOR “CREATE” BOOKTHE BOOK HAS BEEN MADE BY MERGING THE FOLLOWING BOOK CHAPTERS:
BERNHEIM, WHINSTON, “MICROECONOMIA”, 3/ED, MC GRAW HILL, 2017 – CAPITOLI DA 1 A 4 e da 6 a 8
ANTHONY, HAWKINS, MACRI’, MERCHANT, “SISTEMI DI CONTROLLO” 14/ED, MAC GRAW HILL, 2016 – CAPITOLI DA 1 A 6 E DA 14 A 17
Type of delivery of the course
TraditionalType of evaluation
The final exam consists of a written test and an oral discussion. The written test is structured in a set of questions that cover the main three parts of the course. The questions aim at evaluating the students' knowledge of the course topics. In addition, the exam will evaluate the students' problem solving skills on applicative examples. Three intermediate test are given during the teaching term teacher profile teaching materials
Demand and supply behavior: Budget constraint, demand elasticity; production decisions, profit maximization, technology and production function, cost functions (short and long term).
Management accounting: Full costs and their applications; Direct and indirect costs. Variable and fixed costs.
Accounting methods: traditional indirect allocation methods; job and process costing; activity based costing
Capital budgeting:
Discounted Cash flows: discount rate and its role as an opportunity cost; NPV, IRR and Payback rule; Compund and linear rate of return; Nominal and real discount rate; Project interaction.
THE BOOK HAS BEEN MADE BY MERGING THE FOLLOWING BOOK CHAPTERS:
BERNHEIM, WHINSTON, “MICROECONOMIA”, 3/ED, MC GRAW HILL, 2017 – CAPITOLI DA 1 A 4 e da 6 a 8
ANTHONY, HAWKINS, MACRI’, MERCHANT, “SISTEMI DI CONTROLLO” 14/ED, MAC GRAW HILL, 2016 – CAPITOLI DA 1 A 6 E DA 14 A 17
Mutuazione: 20801955 ECONOMIA APPLICATA ALL'INGEGNERIA in Ingegneria informatica L-8 N0 DE LUCA TECLA
Programme
Elements of economic analysisDemand and supply behavior: Budget constraint, demand elasticity; production decisions, profit maximization, technology and production function, cost functions (short and long term).
Management accounting: Full costs and their applications; Direct and indirect costs. Variable and fixed costs.
Accounting methods: traditional indirect allocation methods; job and process costing; activity based costing
Capital budgeting:
Discounted Cash flows: discount rate and its role as an opportunity cost; NPV, IRR and Payback rule; Compund and linear rate of return; Nominal and real discount rate; Project interaction.
Core Documentation
“ECONOMIA APPLICATA ALL’INGEGNERIA”, MC GRAW HILL EDITOR “CREATE” BOOKTHE BOOK HAS BEEN MADE BY MERGING THE FOLLOWING BOOK CHAPTERS:
BERNHEIM, WHINSTON, “MICROECONOMIA”, 3/ED, MC GRAW HILL, 2017 – CAPITOLI DA 1 A 4 e da 6 a 8
ANTHONY, HAWKINS, MACRI’, MERCHANT, “SISTEMI DI CONTROLLO” 14/ED, MAC GRAW HILL, 2016 – CAPITOLI DA 1 A 6 E DA 14 A 17
Type of delivery of the course
TraditionalType of evaluation
The final exam consists of a written test and an oral discussion. The written test is structured in a set of questions that cover the main three parts of the course. The questions aim at evaluating the students' knowledge of the course topics. In addition, the exam will evaluate the students' problem solving skills on applicative examples. Three intermediate test are given during the teaching term