47306 - Civil Economy

Academic Year 2021/2022

  • Teaching Mode: Traditional lectures
  • Campus: Forli
  • Corso: Second cycle degree programme (LM) in Management for Social Economy (cod. 8843)

Learning outcomes

The course analyzes the functioning of economic institutions and their evolution on the market according to the civil economy perspective. At the end of the course the student acquires the following skills: 1. what the Civil Economy is; 2. the main instruments of game theory useful to analyze social behaviour; 3. how the relational paradygm impacts the behaviour of non-profit organizations.

Course contents

1. The Civil Economy paradygm: the birth of the market economy; the evolution of the market and its transition to a capitalist market; the causes of the coming back today of the Civil Economy perspective.

2. The philosophy of individualism and the behaviour of homo oeconomicus: the line of thought Hobbes-Mandeville-Bentham; original elements of axiological individualism; instrumental rationality and Pareto criterion; paradoxes of homo oeconomicus.

3. The paradygm of homo reciprocans: the theory of evolutionary games; psychological games and identity; the rise of social norms of behaviour; the principle of reciprocity and the relational goods.

4. Applications of the relational paradygm: the happiness paradoxes in advanced economies; the corporate social responsibility; fair trade and critical consumption; microfinance and the sharing economy; the ethical challenge in the 4th industrial revolution.

5. The tripolar model of social order; State, Market, Community. The specific role of the Third Sector in the tripolar model. Circular subsidiarity and Community welfare

6. The Civil Economy in emergency situations: the case of the Covid-19 pandemic. Arguments in favour of the transformative resilience.



S. Zamagni, Responsabili. Come civilizzare il mercato, Bologna, Il Mulino, 2019

D. Acemoglu, J. Robinson, Why nations fail?, New York, Croen Business, 2012

B. Frey, A. Stutzer, Economia e felicità, Il Sole24Ore, Milano, 2006

L. Bruni, S. Zamagni, Economia civile, Bologna, Il Mulino, 2016

L. Bruni, P. Porta (eds.), Felicità ed Economia, Guerini, Milano, 2004

P. Sacco, S. Zamagni (eds.), Teoria economica e relazioni interpersonali, Bologna, Il Mulino, 2006

D. Dal Maso, G. Fiorentini (eds), Creare valore a lungo termine, Milano, Egea, 2013

L. Bruni, S. Zamagni (eds), Handbook of the economics of reciprocity and social enterprise, Elgar, Cheltenham, 2013

G. Dragonetti, Trattato delle virtù e dei premi, Roma, Carocci, 2012 (riedition)

V. Pelligra, I paradossi della fiducia, Bologna, Il Mulino, 2003

S. Zamagni, Impresa responsabile e mercato civile, Bologna, Il Mulino, 2013

G. Pizzo, G. Tagliavini (eds), Dizionario di microfinanza, Roma, Carocci, 2015

M. Mazzucato, M. Jacobs (eds), Ripensare il capitalismo, Roma Laterza, 2017

R. Rajan, Il terzo pilastro, Milano, Egea, 2019

S. Zamagni, Diseguali, San Sepolcro, Aboca, 2020

I. Gans, Economics in the Age of Covid, MIT Press, Cambridge, 2020

J. Ecckhout, The profit paradox, Princeton, Princeton University Press, 2021

C. Wilber, Was the Good Samaritan a Bad Economist?, New York, Lexington Books, 2021

Teaching methods

Lectures and in class discussions

Assessment methods

The grading of the written exam paper is based on the following criteria:

- length of the paper 8500-9000 words

- the topic is freely chosen by the student within the material developed by the course

- the format is the folloiing:Introduction, Survey of the literature and critical comments, Future perspectives of research, References

- the originality is particularly valued

- The deepening approach is preferred to the widening one

- the student can try to upgrade his/her grade once, if it does not conform to expectations, provided it informs the teacher within three days from the reception of the grade

Office hours

See the website of Stefano Zamagni


No poverty Decent work and economic growth Reduced inequalities

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