Elements of Economics [Matricole dispari] (2017/2018)

Course code
4S00328
Name of lecturer
Eugenio Peluso
Coordinator
Eugenio Peluso
Number of ECTS credits allocated
9
Academic sector
SECS-P/01 - ECONOMICS
Language of instruction
Italian
Location
VERONA
Period
1° periodo di lezioni dal Oct 2, 2017 al Dec 15, 2017.

Lesson timetable

Go to lesson schedule

Learning outcomes

This course provides the theoretical and methodological basis to analyze and interpret the economic relationships existing among economic agents (individuals and firms) operating in the market (perfect competition, monopoly, oligopoly). Students will study the main micro- and macro-economic models. They will be able to understand the economic phenomena of the modern market economies and read the economic newspapers and magazines such as ilsole24, The Economist, or The Financial Times.

Syllabus

Microeconomic models
1- Preferences and choices of individuals.
2- Production, profit function, and cost functionsin of firms operating in competetive markets.
3- Market failures: market power and antitrust policies.
4- Externalities, public goods and imperfect information.
5- Strategic behaviour.

Macroeconomic models
1- Definition of the key concepts.
2- Goods and financial markets: The IS-LM model
3- The labor market
4- The model of aggregate demand and supply.
5- The economic policy in closed and open economies.

Reference books
Author Title Publisher Year ISBN Note
O’ Sullivan, Sheffrin, Perez, Bianchi Elementi di economia. Principi, strumenti e applicazioni. (Edizione 1) Pearson 2015
BLANCHARD O. Scoprire la macroeconomia – I. Quello che non si può non sapere Il Mulino 2016

Assessment methods and criteria

Written exam with open questions and exercises, aimed at verifying the acquired knowledge and the ability to understand and analyze the main economic issues.

Teaching aids

Documents

STUDENT MODULE EVALUATION - 2017/2018