28030 - Economics and Business Organization T

Course Unit Page

Academic Year 2018/2019

Learning outcomes

Deep knowledge of the basis quantitative instruments meant for the economical-financial analysis helpful to make company decisions as well as for the interpretation of management outcomes.

Course contents

Feature and aim of Accounting systems - Balance Sheet and Income Statement - Classification of costs and revenues - Management Accounting Information.

Accounting Management features-Information to make decisions: full cost, cost according to responsibility, differential cost.

Contribution margin and relationship between income and volume: full costs, direct and indirect costs, general costs - Product costs - Targeting Costing.

Choice between: Short term – Long term.

A financial Math background – Opportunity Cost – Net present value Capitalization – Perpetuity – Capitalization Periods.

Cash flow in investment evaluation – IRR – Recovery time – Average yield Accounting.

Investment theory application to Real Estate evaluation – Evaluation and Appraisal Criteria – Practical examples.


Robert N. Anthony, David F. Hawkins, Diego M. Macrì, Kenneth A. Merchant, Sistemi di controllo 14/ed - Analisi economiche per le decisioni aziendali, Mc Graw Hill, 2016

Capp. 1, 2, 3, 4, 14, 15, 16, 17

Vittorio Gallerani - Manuale di Estimo 2/ed, Mc Graw Hill Gennaio 2011, Cap. 1 and 8.

Teaching methods

Frontal lessons as well as brief oral speeches held by students themselves, supported by essays written independently, will be required as a global support to main course’s themes, this with the aim of consolidating knowledges also through active participation and comparison with other students.

Assessment methods

For Attending students, achievements will be assessed by means of exposition and comment of an exercise about capital budgeting, and through a written exam consisting in a multiple choice questionnaire on the first session of June.

For non attending students in order to properly assess such achievements the examination is mainly composed by a written session, which consist of a test/problem, composed of 2 main questions/problems(economy and evaluation).

Higher grades will be awarded to students who demonstrate an organic understanding of the subject, a high ability for critical application, and a clear and concise presentation of the content, with particular regard to capital budgeting matters. To obtain a passing grade, students are required to at least demonstrate a knowledge of the key concepts of the subject, some ability for critical application, and a comprehensible use of technical language. A failing grade will be awarded if the student shows knowledge gaps in key-concepts of the subject, inappropriate use of language, and/or logic failures in the analysis of the subject.

Teaching tools

Fluent spoken Italian is required since lessons will be held in Italian. The language is a necessary pre-requisite: all lectures and tutorials, and all study material will be in Italian. For particular needs it is possible to arrange solutions directly with the Professor.

Office hours

See the website of Stefano Stanzani