Learning objectives
At the end of the course the students know the basics of the
microeconomic theory (market, demand and supply, consumer theory,
etc.) and are able to understand the differences between the main forms
of market (perfect competition, monopoly and oligopoly). In addition,
they are able to understand and also critically address the major
macroeconomic issues (inflation, unemployment, balance of payments).
After the course the students are able to express an opinion concerning
the events and/or situations related to the economic system and the
choices of consumers and firms. At the end of the lectures, students are
able to attend an interview on economic issues (concepts, definitions,
implications) with professionals operators. At the end of the course
students are able to use the techniques of analysis of microeconomics
and macroeconomics, in particular with reference to the basic
mathematical formulas.
Prerequisites
None
Course unit content
Fundamental concepts. - Competition and invisible hand. - Imperfections
and market failures. - International trade and integration. -
Macroeconomics: issues and data. - The long-term economics. - The
short-term economics. - Fiscal and monetary policies
Full programme
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Bibliography
Istituzioni di Economia, McGraw-Hill edizione Create (da Frank, Bernanke – principi di economia ultima edizione).
Teaching methods
Acquisition of knowledge: lectures. Acquisition of the ability to apply
knowledge: classes and seminars. Acquisition of judgment: during the
course students will be stimulated to verify the results obtained in models
of economics and to compare them with respect to the empirical
evidence. Acquisition of learning skills: for each topic we will start by
disclosure of the assumptions of the model, and examine critically the
main outcomes resulting. Acquisition of technical language: during the
course will be introduced and discussed the main definitions of the
concepts (eg, supply, demand, market) commonly used in the language
of economics
Assessment methods and criteria
Final assessment of learning is done through a written examination. The
ability to apply knowledge will be assessed with exercises and multiple
choice questions, as well as open ended questions (the latter may be
replaced with a brief oral exam, depending on organizational needs).
Learning ability and independence of judgment will be
assessed by examining the solution given to exercices by each student
in the final exam. The ability to communicate with the appropriate
technical language will be evaluated through the analysis of expressions
and definitions used by the student in the open-ended questions. The
threshold of sufficiency has been set equal to the value of 18.
Other information
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