Learning objectives
This course helps students understand core microeconomic and macroeconomic concepts, providing them with essential analytical tools including descriptive, graphical, and mathematical techniques. Students will learn to apply these analytical methods to real-world problems.
Prerequisites
Although the course does not require preliminary knowledge or prerequisites, it is noted that the study of economics involves the use of minimal analytical tools (e.g., reading graphs and understanding simple equations). These tool will be introduced at the beginning of the course.
Course unit content
Part I - MICROECONOMICS: 1. Consumer and market demand 2. Firm and production theory 3. Perfectly competitive markets 4. Externalities, public goods, information asymmetries 5. Non-competitive markets 6. Welfare economics. Part II - MACROECONOMICS: 1. National accounts and macroeconomic aggregates 2. GDP determination 3. IS-LM model 4. Aggregate demand and supply 5. Wage and employment in imperfect competition model 6. Open macroeconomic systems
Full programme
See "Contents" section.
Bibliography
Principi di Economia 3/ED (2023) di Acemoglu, D. – Laibson, D. – List, J. A. (Italian edition)
Note: The previous edition is also compatible with the course material (check for different chapter numbering).
Non-attending students should follow this program: from chapter 4 to chapter e29 (including both), excluding chapters 8, 11, and 17.
Teaching methods
Teaching methods include lectures, PPT presentations, readings, debates, seminars and exercises, also using the tools available on the online platform.
Assessment methods and criteria
The examination methods will be defined at the beginning of the academic year. Attending students will be evaluated on their ability to understand the topics covered in class and illustrated in the reference texts. Non-attending students will be evaluated exclusively on their ability to understand the topics covered in the reference text.
Other information
Possible changes and additions to the program will be indicated during the lectures.
2030 agenda goals for sustainable development
The course aligns with goals: 4 (Quality education), 8 (Decent work and economic growth), 10 (Reduced inequalities), 12 (Responsible consumption and production).
