- Docente: Luciano Messori
- Credits: 5
- SSD: SPS/08
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Forli
- Corso: First cycle degree programme (L) in Languages and Technologies for Intercultural Communication (cod. 5979)
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from Sep 30, 2025 to Dec 17, 2025
Learning outcomes
Upon successful completion of this class, students will possess a foundational understanding of the core concepts and terminology of both macroeconomics and microeconomics. Particular emphasis is placed on the European economic context within the broader framework of international economic dynamics. Students will also develop the ability to independently pursue more advanced studies in Macroeconomics and Microeconomics.
Course contents
In this class we will cover the following topics:
Introduction:
Thinking like an economist. Ten principles of economics. (2 hours)
Interdipendence and the gains from trade. (2 hours)
Microeconomics:
How markets work: the forces of supply and demand. (2 hours)
Implications for government policies. (2 hours)
Compettitive markets and economic efficiency. (2 hours)
The effects of international trade on social welfare. (2 hours)
Market failures and the role of the public sector: externalities and public goods. (2 hours)
Firm behavior: the costs of production, firms in competitive markets, monopoly. (6 hours)
Monopolistic competition. (2 hours)
Oligopoly and game theory. (2 hours)
Macroeconomics:
The data of macroeconomics: the nation's income, the cost of living and the unemployment. (6 hours)
Production and growth. (2 hours)
Money and prices in the long run. (2 hours)
Aggregate Demand and Aggregate Supply. (2 hours)
The Influence of Monetary and Fiscal Policy on Aggregate Demand. (2 hours)
Readings/Bibliography
N. Gregory Mankiw, Mark P. Taylor, Essentials of Economics, 8th Italian Edition, Zanichelli 2024.
Teaching methods
The lectures will be offered in class unless the University of Bologna will decide otherwise.
Assessment methods
The exams will be offered in class, unless the University of Bologna will decide otherwise.
Written exam (90 minutes). The exam will include 3 to 4 open questions. Hand calculators will be allowed, while any use of cell phones, books, notes or anything else will be strictly forbitten.
If you want to take the exam, make sure you sign up on AlmaEsami. The sign-up list closes five days before the exam date.
Students with specific learning disorders (SLDs), or with temporary or permanent disabilities, are strongly encouraged to contact the appropriate university office in advance (https://site.unibo.it/studenti-con-disabilita-e-dsa/it ). The office will evaluate individual needs and recommend any necessary accommodations. These recommendations must be submitted no later than 15 days prior to the relevant academic activity for approval by the course instructor, who will assess their appropriateness in light of the course’s learning objectives.
Academic dishonesty in any form will not be tolerated.
Students are required to attend at least 70 per cent of the scheduled classes, unless they are taking this class as an elective.
The grade will go from 30 to 18, depending on the level of understanding of the relevant material, and the quality of the writing output. The student has the right to refuse the passing grade obtained only once.
30-27
-Outstanding grasp of the course material.
-Excellent writing output
26-23
-Substantial understanding of the course material.
-Good writing output
25-22
-Decent understanding of the course material.
-Decent writing output
21-18
-Sufficient understanding of the course material.
-Sufficient writing output.
Negative assessment
-Scarce understanding of the course material.
-Scarce writing output.
Teaching tools
Blackboard and chalk.
Office hours
See the website of Luciano Messori
SDGs


This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.