Dipartimento di Economia Aziendale

21210241 - PRINCIPLES OF ECONOMICS

Obiettivi

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

Amministrazione e controllo

Canali

A - C

FEDUZI ALBERTO

scheda docente | materiale didattico

Programma

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

Testi Adottati

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

Modalità Frequenza

Attendance is recommended but not mandatory.

Modalità Valutazione

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