- Docente: Giorgio Giovanni Negroni
- Credits: 8
- SSD: SECS-P/01
- Language: Italian
- Moduli: Giorgio Giovanni Negroni (Modulo 1) Renata Bottazzi (Modulo 2)
- Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
- Campus: Forli
- Corso: Second cycle degree programme (LM) in International relations and diplomatic affairs (cod. 8783)
Learning outcomes
The course introduces students who do not have any prior knowledge of economics to the basic principles of the discipline. Topics include the basics of how markets function, of how economic agents behave, and of macroeconomic analysis. These topics will be related to examples from the real world and current economic events. At the end of the course students are expected to have acquired the knowledge necessary for more advanced economics courses, and to understand and critically evaluate economic and public policy debates.
Course contents
The detailed syllabus and references will be made available at the beginning of the course.
The syllabus is the same for all students, whether attending lectures or not.
MICROECONOMICS (prof. Renata Bottazzi):
1. Introduction: What is Economics?
2. Supply and Demand, Perfect Competition
3. Elasticity and Taxation
4. The Production Decision: Inputs and Costs
5. Monopoly, Oligopoly and Monopolistic Competition
6. Externalities and Public Goods
MACROECONOMICS (prof. Giorgio Negroni):
1. Definitions and Measures: National Income, Gross Domestic Product, Cost of Living, Inflation and Deflation, Unemployment Rate
2. Economic Growth and Long-Run Convergence
3. Financial Markets and Central Banks
4. Production and Employment in the Short Run
5. Fiscal Policy and Monetary Policy
Readings/Bibliography
Paul Krugman, Robin Wells e Kathryn Graddy, L'Essenziale di Economia, Zanichelli, 2012, seconda edizione.
Teaching methods
For each topic, theoretical lectures will be followed by examples from the real world.
Assessment methods
Assessment is by written exam. The exam is divided into two
parts: microeconomics and macroeconomics. Each part is made of 4
sections, including multiple choice questions, questions testing
knowledge of definitions and open questions.
Final marks are out of 30. The total mark is the sum of marks for each section; marks available are indicated on the exam sheet as appropriate. Students are not allowed to bring support material (textbooks, notes, internet enabled devices etc.).
For any additional information please see the course web page within AMS Campus/ Alma DL.
Teaching tools
Students can find the detailed program, lecture slides, any additional material, exercises given in the classes, exam results and any other information at Alma DL.
Office hours
See the website of Giorgio Giovanni Negroni
See the website of Renata Bottazzi