73154 - Elements of Micro-and Macroeconomics

Academic Year 2013/2014

  • Teaching Mode: Traditional lectures
  • Campus: Forli
  • Corso: Second cycle degree programme (LM) in International relations and diplomatic affairs (cod. 8783)

Course contents

Prerequisites

None.

Principles of Microeconomics

Thinking like an economist.

Ten principles of economics.

Interdipendence and the gains from trade.

How markets work: the forces of supply and demand. Implications for government policies.

Compettitive markets and economic efficiency.

Firm behavior: the costs of production, firms in competitive markets, monopoly.

Monopolistic competition, oligopoly.

Principles of macroeconomics

The data of macroeconomics: the nation's income, the cost of living and the unemployment.

Production and growth.

Money and prices in the long run.

The IS-LM model.

Aggregate Demand and Aggregate Supply.

The Influence of Monetary and Fiscal Policy on Aggregate Demand.

 

Readings/Bibliography

N. Gregory Mankiw, Mark P. Taylor, Essentials of Economics, 5th Edition, Zanichelli 2012.

Teaching methods

Frontal lessons and group discussions.

Assessment methods

Written exam. To take this exam it is strictly required to enrol on Almaesami.

Teaching tools

Blackboard.

Office hours

See the website of Luciano Messori