Introductory Economics (2020/2021)

Course code
Name of lecturer
Marcella Veronesi
Marcella Veronesi
Number of ECTS credits allocated
Academic sector
Language of instruction
2° periodo di lezioni - febbraio/marzo 2021 dal Feb 15, 2021 al Mar 29, 2021.

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 func-tioning 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 appro-priate 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 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.