79588 - CRASH COURSE IN STRATEGIC MANAGEMENT ECONOMICS

Anno Accademico 2017/2018

  • Modalità didattica: Convenzionale - Lezioni in presenza
  • Campus: Bologna
  • Corso: Laurea Magistrale in Direzione aziendale (cod. 0897)

Conoscenze e abilità da conseguire

At the end of the course, student has a basic knowledge of the general principles of the discipline and the basic analysis of the market equilibrium on a IS/LM basis, the methodological approach (scientific method, micro- vs macro-economics, etc) and a clear understanding of the impact of macroeconomic facts on business and management. The course switches between theory and practical applications: understanding economic news, how to interpret them in the IS/LM model and in the real world with a business management perspective in order to plan actions through a SWOT.

Contenuti

1.Introduction to the current status of Economics. Impacts on Management.
2.Scientific method and Economics. Micro vs Macroeconomics. Math brief recap. National Accounts basics (GDP, deflators, demand components definition) and applications. Impacts on Management.
3.The short run: IS/LM model in closed and open economies. Applications to today's crisis. Impacts on Management.
4.The medium run: AS/AD model and Phillips curve. Applications to today's crisis. Impacts on Management.
5.The long run: short introduction to Solow's growth model. Applications to today's crisis. Impacts on Management.
6.Wrap up and back to the current status of Economics for a final review through the lernt concepts and insights. Impacts on Management. Introduction to Strategy and Economics. SWOT analysis example.

Testi/Bibliografia

Blanchard, Johnson / Macroeconomics - global edition, Pearson, 2013 (6th edition).

To refresh math, it is suggested the following textbook: Mike Rosser / Basic Mathematics for Economists - chapters 1 to 6, 8 and 14.

Metodi didattici

Lectures in class. Homeworks and review in class.

Modalità di verifica e valutazione dell'apprendimento

No formal final test is scheduled, as this is a crash course.

Strumenti a supporto della didattica

Blackboard, slides, economic articles.

Orario di ricevimento

Consulta il sito web di Francesco Bergamaschi