98806 - INTRODUCTION TO ECONOMICS

Academic Year 2025/2026

  • Moduli: Jonathan Neil Chapman (Modulo 1) Luca Bonacini (Modulo 2)
  • Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
  • Campus: Bologna
  • Corso: First cycle degree programme (L) in European Studies (cod. 6653)

Learning outcomes

The course is an introduction to the study of macroeconomics and microeconomics. It covers the main issues, methods, data, concepts and models. Students will be able and motivated to follow and understand the current debates on macroeconomic and microeconomic issues, as they are reported by the qualified press and media. A special focus will be on understanding and debating the appropriateness of the policies adopted in the Great Recession, and the roles of fiscal and monetary policies for the EU members that have adopted the euro. Students will also be prepared to follow more advanced courses on macroeconomic and microeconomics analysis and policies, should they want to do so in their graduate studies.

Course contents

This course is part of the BAES program (UnaEuropa) and is not open to Erasmus (or other) students.

The course will cover the following topics:

  1. Economic Growth in the Long Run
  2. Geography and Economic Development
  3. Institutions and Economic Development
  4. Standards of Living and the Malthusian Trap
  5. Innovation and the Industrial Revolution
  6. The Neoclassical growth model and Convergence
  7. Consumer and Firm Decision Making
  8. The Market Economy
  9. Markets and Inequality
  10. Government and the Economy
  11. Macroeconomic Policy
  12. World Economy
  13. Individual Decision-Making
  14. Social interactions and introductory game theory

Readings/Bibliography

The class will use the free text books available from CORE at https://www.core-econ.org/.

Teaching methods

The course will be based predominantly on frontal lectures. Students are expected to attend all lectures and complete all mandatory readings.

In addition to lectures, there will be sessions dedicated to applying theoretical concepts from the lectures. These will involve analyzing assigned readings, solving exercises in preparation for the exam, and experimental games.

Assessment methods

Final grades in the course will be determined by a take-home midterm exam, and an in-person final exam.

Both exams will be written, and will contain a mixture of multiple choice and short open questions.

The midterm will account for 25% of the grade, and the final exam will account for the remaining 75%.

Students with learning disorders and\or temporary or permanent disabilities should contact the office responsible ( https://site.unibo.it/studenti-con-disabilita-e-dsa/en/for-students ) as soon as possible so that they can propose acceptable adjustments. Any requests for adaptation must be submitted (in conjunction with the DSA) to the lecturer at least 15 days before the exam date.

Teaching tools

Class materials, including lecture slides, will be shared through Virtuale.

Office hours

See the website of Jonathan Neil Chapman

See the website of Luca Bonacini