21801582 - ECONOMIC POLICY

The course of Economic Policy deals with the theories of the public intervention in the economic system through the actions of the economic and financial institutions and gives to the students an immediate view of the decision processes which conjugate the economic instruments to the micro and macroeconomic policy objectives of social welfare that the Parliament indicates to the governments. This course also introduces to the appropriate analytical methods as well as to the potentialities and to the limits of the main economic models which offer a rational support to the economic policy decisions.

Curriculum

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Programme

• Introduction
• Microeconomic market failures
• Market failures, macroeconomic aspects of reality
• The normative theory of PE
• Anti-monopoly, industrial, regional and distribution policies
• The failures of the non-market
• Commercial policies
• Calculations of social convenience and benefit-cost analysis
• Macroeconomic analysis frameworks in an open economy
• Monetary policy
• Fiscal policy
• Income and price policy
• International public institutions, monetary systems and exchange rate regimes
• International and regional public institutions
• The internationalization of private institutions

Core Documentation

Romagnoli G.C., Lezioni di Politica Economica, FrancoAngeli, 2023.

Reference Bibliography

Cellini R., Politica economica, McGraw-Hill, 2019.

Type of delivery of the course

The teaching includes lectures, but also group exercises assigned during the course. The attendance of the lessons, although recommended, is not mandatory.

Type of evaluation

The exam consists of a written and an oral test. Both include theoretical and practical questions relating to the whole program. The written exam is organized through a certain number of open-ended but limited questions (11 questions with 5 lines available for each answer), aimed at verifying the level of effective understanding of the concepts and the students' ability to apply them in real contexts.

teacher profile | teaching materials

Mutuazione: 21801582 POLITICA ECONOMICA in Scienze politiche L-36 MAGAZZINO COSIMO

Programme

• Introduction
• Microeconomic market failures
• Market failures, macroeconomic aspects of reality
• The normative theory of PE
• Anti-monopoly, industrial, regional and distribution policies
• The failures of the non-market
• Commercial policies
• Calculations of social convenience and benefit-cost analysis
• Macroeconomic analysis frameworks in an open economy
• Monetary policy
• Fiscal policy
• Income and price policy
• International public institutions, monetary systems and exchange rate regimes
• International and regional public institutions
• The internationalization of private institutions

Core Documentation

Romagnoli G.C., Lezioni di Politica Economica, FrancoAngeli, 2023.

Reference Bibliography

Cellini R., Politica economica, McGraw-Hill, 2019.

Type of delivery of the course

The teaching includes lectures, but also group exercises assigned during the course. The attendance of the lessons, although recommended, is not mandatory.

Type of evaluation

The exam consists of a written and an oral test. Both include theoretical and practical questions relating to the whole program. The written exam is organized through a certain number of open-ended but limited questions (11 questions with 5 lines available for each answer), aimed at verifying the level of effective understanding of the concepts and the students' ability to apply them in real contexts.