99618 - INTRODUCTION TO APPLIED ECONOMIC ANALYSIS AND INDUSTRY STUDIES

Conoscenze e abilità da conseguire

Through this course, the student learns the basic elements of applied economic analysis, and the principles of business organization, management and strategies. Furthermore, the course introduces the student to the study of the construction industry from an economic perspective. At the end of the course, the student matures economic thinking, develops analytical skills and is able to handle economic and management theories, methods and tools (i.e., databases) to analyze autonomously selected industries and territories. Furthermore, the student achieves a working knowledge of the construction sectors in terms of key economic drivers, business organization and management, innovation performance, national policy and regulatory framework, as well as appraisal techniques.

Contenuti

PARTE 1 – INTRODUCTION TO APPLIED ECONOMIC ANALYSIS

1. Introduction to applied economic studies: definitions, concepts and perspectives; 2. Elements of political economy and economic policy; 3. Elements of business organization, management and strategies; 4. Economic studies applied to industries and territories; 5. Applications to the case of the construction industry.

PARTE 2 – THE CONSTRUCTION INDUSTRY

6. Introduction: the economics of construction industry; 7. The market system; 8. Government intervention: reasons and tools;
9. Urban planning, regulation and speculation; 10. Environmental economics.

Testi/Bibliografia

“Attending students” – i.e., students joining lectures with regular frequency – will receive the list of readings to be studied during the course.

“Not-attending students” – i.e., students studying on their own without joining lectures with regular frequency are required to study:

1) Danny Myers. Construction Economics - a new approach. 5th edition 2022 Routledge. The Chapters to be studied are the following: 1,2,3,10, 11.

2) Rinaldi, R. (2023), "The construction industry in EU: scenarios, dynamics, and policy implications" in L'Industria, Rivista di Economia e Politica Industriale, 2/2023, Il Mulino, Bologna.

Metodi didattici

For “attending students”: blended teaching involving frontal lectures and participation in classroom discussions.

For “not-attending students”: individual study of the book (see below “Assessment methods for not-attending students”).

Students are required within one week from the beginning of the course to decide whether to be “attending students” or not.

Modalità di verifica e valutazione dell'apprendimento

i) Assessment for “attending students”:

Written exam (multiple choice questions) based on the topics covered during the classes. To get prepared for the written exam, students are required to study the course slides and the readings provided by the lecturers. Active participation in discussion and classwork will be positively evaluated.

Further detailed information will be provided to the classroom by the lecturers at the beginning and during the course.

ii) Assessment for “not-attending students”:

Not-attending students will take a written exam (multiple choice questions) at the end of the course accounting for the 100% of the mark. This exam is based on the study of the following textbook:

1) Danny Myers. Construction Economics - a new approach. 5th edition 2022 Routledge. The Chapters to be studied are the following: 1,2,3,10, 11.

2) Rinaldi, R. (2023), "The construction industry in EU: scenarios, dynamics, and policy implications" in L'Industria, Rivista di Economia e Politica Industriale, 2/2023, Il Mulino, Bologna.

 

Strumenti a supporto della didattica

Frontal teaching delivered with the support of PPT presentations and papers, readings and further material provided by the lecturers. Active participation in discussion and classwork is required.

Orario di ricevimento

Consulta il sito web di Marco Rodolfo Di Tommaso

Consulta il sito web di Riccardo Rinaldi