Introductory Economics (2019/2020)

Course code
Name of lecturer
Marcella Veronesi
Marcella Veronesi
Number of ECTS credits allocated
Academic sector
Language of instruction
2° periodo di lezioni - febbraio/aprile 2020 dal Feb 10, 2020 al Apr 6, 2020.

Lesson timetable

Go to lesson schedule

Learning outcomes

This course has the objective to provide students with:
- the ability to analyze and understand the basic mechanisms of market functioning (micro perspec-tive) and the economic system of a country as a whole (macro perspective);
- the ability to address, in written and oral forms, from a micro perspective, issues related to the functioning of competition and public policies aimed at restoring market efficiency and improving the well-being of individuals, and, from a macro perspective, issues related to fiscal and monetary policies, identifying practical solutions, through reasoning and argumentation, with the acquisition of an appropriate and specific vocabulary, the ability to formulate independent judgments on concrete cases, and a method that allows ongoing learning and updating of knowledge.


First part: Macroeconomics

1 - Definition of key concepts.
2 - Goods and financial markets: The IS-LM model.
3 - The labor market.
4 - The model of aggregate demand and supply.
5 - Economic policies in closed and open economy.

Second part: Microeconomics

1 - Definition of key concepts.
2 - The firm.
3 - Demand and supply.
4 - Competitive markets.
5 - Market, efficiency, and public policies.

The course will be taught in person in class. The teaching material will be available on the E-learning website (Moodle). All students are requested to register to the E-learning website (Moodle) and download the teaching material.

Reference books
Author Title Publisher Year ISBN Note
The Core Team L'economia. Comprendere il mondo che cambia Il Mulino 2018 978-88-15-27819-7

Assessment methods and criteria

- Exam objectives: test the knowledge of the topics in the program and the ability to apply the concepts to the various problems proposed.

- Exam content: potentially all the topics in the program presented at the beginning of the course.

- Assessment methods: written with open questions, multiple choices and exercises, and a possible oral examination.

- Assessment methods: the final evaluation is expressed in 30/30.

- The exam procedures are not differentiated between students attending and non-attending classes.