Economia del lavoro e Economia dell'innovazione - eng

LABOUR ECONOMICS AND ECONOMICS OF INNOVATION

Prof.ssa Eliana Baici, Prof. Marco Francesconi, Prof. Martin Zagler
Teaching Code: EC007
SSD: SECS-P/01 and SECS/P02
12 CFU – 96 hours
Seat: Novara





•    Teaching Language
Italian and English.

•    Contents
This is an integrated course with a duration of one year divided into two modules.

The first module of the course on Labour Economics and Innovation is about Labour Economics. Labour Economics seeks to understand the functioning and the dynamics of labour markets through the interaction of workers and employers.

The second module of the course on Labour Economics and Innovation is about Economics of Innovation. Through a study of the growth of the economy we are facing the significance, the importance and the limits of innovation. We also discuss the possibilities of economic policy to foster innovation and economic growth.

•    Material
Modulo 1 – Labour Economics (Prof. Eliana Baici and Prof. Marco Francesconi) – 6 CFU
-    Pepi De Caleo - Brucchi Luchino, Manuale di economia del lavoro, Il Mulino, Bologna, 2015.
-    Material suggested during the lectures
-    For further information, please consult the course page on moodle D.I.R.: https://eco.dir.unipmn.it/

Modulo 2 – Economics of innovation (Prof. Martin Zagler) –  6 CFU
-    Blanchard, O., Amighini, A., Giavazzi, F. (2011), Scoprire la Macroeconomia. Vol. 1, 1° edizione, Il Mulino, Bologna, capp. 11 – 13.
-    Fagerberg, J., D. C. Mowery and R. R. Nelson (2007), Innovazione, Carocci, Roma. [0 – 3; 5; 7; 8]
-    Malerba, F. (2000), Economia dell’innovazione, Carocci, Roma. [1, 13, 14]
-    Garavaglia, C. (2010), Economia Industriale: Esercizi e Applicazioni, Carocci, Roma. [13]
-    Florio, A. (2003), Il finanziamento alle imprese innovative: Quale ruolo per il sistema bancario? [p. 1 - 9]
-    Unger, B. and M. Zagler (2003), Institutional and Organizational Determinants of Product Innovations, Innovation: The European Journal of Social Science Research Vol. 16(3), 293 – 310.
-    Slides at http://sites.google.com/site/upodisei/
[…] indicates chapters for the June and September 2016 exams for participating students.


•    Prerequisites
Bachelor degree.


•    Educational Objectives

The module on labour economics aims to present and discuss the main issues related to the functioning of the labour market. It looks at how workers and firms assume their major decisions about supply, demand for labour and investment in human capital. It also analyses how their behaviour influences the equilibrium of the market in terms of wages and employment. The course also focuses on the role of institutions and discusses the main economic policy measures, and the empirical evidence for the major industrialized countries.

The module on the economics of innovation aims to illustrate the concepts of growth and innovation in an economic system. The students will know the sources of economic growth in the long run. In addition, they will learn the reasons for the innovative activities, elements that support research and development, and the peculiarities of the functioning of markets in innovative environment.


•    Teaching Methods
•    Lectures, case studies, exercises, Seminars and Testimonials.
•    Presentations by students.
•    Participation is voluntary, but suggested.


•    Evaluation

The grade in Labour Economics and Economics of Innovation (12 CFU) is the arithmetic mean of the two separate exams.

For each module:
Non participants:
o    Written exam (45 min) (max 30 points)
Participants:
o    Written exam (45 min): (max 20 points)
o    Active participation in class (max 4 points)
o    Presentation (max 8 points)

Students attending the module of Labour Economics will be given an additional exam at the end of this course.


•    Extended Content
This is an integrated full year course divided in two modules.

Modulo 1 – Labour Economics (Prof. Eliana Baici and Prof. Marco Francesconi) – 6 CFU

1.    Labour supply
2.    Labour demand
3.    Perfect competition
4.    Imperfections in the labour market and unemployment
5.    The regulation of the labour market, wage differentials
6.    Education and human capital
7.    Discrimination: what it is, when it is present, how to measure it and prevent it
8.    Immigration and the labour market
9.    Economic Analysis of illegal behaviour


Module 2 – Economics of Innovation (Prof. Martin Zagler) – 6CFU

1.    THEORY OF ECONOMIC GROWTH
o    Stylized Facts
o    The Solow model
2.    INNOVATION
o    Definitions
o    Empirical Facts
3.    THEORY OF INNOVATION
o    Schumpeter 1
o    Schumpeter 2
o    Neoclassical theory
o    Evolutionary theory
4.    THE INNOVATIVE FIRM
o    Market structure
o    The innovative firm
5.    INTELLECTUAL PROPERTY
o    Patents

6.    THE INNOVATIVE SYSTEM
o    Institutions
o    The education system
o    The financing of innovation
o    Sectorial innovation systems
7.    COMPETITIVNESS
8.    ECONOMIC POLICY
9.    INNOVATION AND ECONOMIC GROWTH