Economia politica C - eng

Programma in inglese: Economics

• Language: Italian

• Contents

Rationality and economics

Consumers, workers and firms

The State and the Market

Different types of market structures

Market failures

Macroeconomics – the main concepts

• Aims

Aim of the course is to make students: understand the difference between models and reality and the functioning of the scientific method in the social sciences; understand the main research streams in the contemporary economics debate; develop the ability to think using the main economic concepts (applying cost-benefit analysis to basic economic problems, understanding its meaning and limits; developing a critical approach to the economic problems); understand the debate on human motivations; understand the main idea on the functioning of markets, mainly from a microeconomic point of view.

• Requirements

None

• Book

“Economia e Scienze Economiche”, handouts by M. Novarese (A.A. 2015/2016)”

This material can be downloaded from the DIR web-site of the course.

• Organization

Standard classroom teaching

• Attendance

Attendance is recommended but not compulsory

• Exam

The exam is based on a computerized test and can be divided in two parts. Exercises and practice tests are available on DIR.

• Extended program

Economic reasoning and the instruments of economic analysis

The different approaches to economic science

Consumption

Firms, production and supply

Markets: perfect competition, monopoly, monopolistic competition, oligopoly

The markets of the factors of production: labour and capital

The market and the state

Market failures

Economics of information

The GDP

The national accountancy

Money

Inflation

Aggregate demand and supply

Comparative advantage and international trade

Employment and unemployment

The economic cycle

Economic growth