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00256 - Introductory Economics

Academic Year 2022/2023

                
                        Docente:
                        Tito Pietra
                    
                        Credits:
                        9
                    
                        SSD:
                        SECS-P/01
                    
                        Language:
                        Italian
                    
                        Teaching Mode:
                        Traditional lectures
                        
                            Campus:
                            Bologna
                        
                            Corso:
                            First cycle degree programme (L) in
                            Languages, Markets and Cultures of Asia and Mediterranean Africa (cod. 9264)

                                    Course Timetable
                                
from Feb 14, 2023 to May 18, 2023

Learning outcomes

At the end of the course the student has a basic knowledge of the principles, methods and analytical tools of economics. The student also knows the fundamentals of microeconomics (consumer theory, theory of the firm, demand and supply, market structures) and of macroeconomics (production/income/national accouns, inputs markets, money and financial markets). These analytical methods and principles are then applied to the study of some of the most relevant phenomena characterizing East Asian economies, and, specifically, the economy of the People Republic of China

Course contents

INTRODUCTORY ECONOMICS:

A. Microeconomics

Basic concepts (ch. 1-3)
Competition and efficiency (ch. 4-8)
Market failures (ch. 9-14)
International trade (ch. 15-16)

B. Macroeconomics

Basic concepts and data (ch. 17-20)
The economy in the long run (ch. 21-22)
International economics (ch. 31-32)

C. Economic miracles in East Asia: The case of the People Republic of China

This last C section of the program will be covered if we will have a sufficient number of lectures available

Detailed versions of the program for the final test will be made available at the end of the classes

Readings/Bibliography

Frank, R.H., Bernanke, B.S., Antonovics, K., et alii, Principi di economia 5/ed, McGraw Hill, 2022 is the textbook for section A and B of the program.

For part C, you may look at the class slides. Good references are A.R. Kroeber, China's Economy. What everyone needs to know, Oxford University Press, 2016 and A. Amighini, L'economia cinese nel XXI secolo, Il Mulino, 2021

Teaching methods

Classroom lectures

Assessment methods

The test will be written and it will be administered in the classroom

If you want to refuse the final grade (you can do it at most once), you must send a written notice within one or two days

Teaching tools

Slides. They will be available on the web site https://virtuale.unibo.it/

Office hours

See the website of Tito Pietra