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