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00256 - Introductory Economics

Academic Year 2019/2020

                
                        Docente:
                        Tito Pietra
                    
                        Credits:
                        9
                    
                        SSD:
                        SECS-P/01
                    
                        Language:
                        Italian
                    
                        Teaching Mode:
                        Traditional lectures
                        
                            Campus:
                            Bologna
                        
                            Corso:
                            First cycle degree programme (L) in
                            Asian Languages, Markets and Cultures (cod. 0980)

                            Teaching resources on Virtuale

Learning outcomes

At the end of the course the student has a basic knowledge of the principles, methods and analytical tools of economics. The student also knows the fundamentals of microeconomics (consumer theory, theory of the firm, demand and supply, market structures) and of macroeconomics (production/income/national accouns, inputs markets, money and financial markets). These analytical methods and principles are then applied to the study of some of the most relevant phenomena characterizing East Asian economies, and, specifically, the economy of the People Republic of China

Course contents

A. Microeconomics

Basic concepts (ch. 1-3)
Competition and efficiency (ch. 4-8)
Market failures (ch. 9-14)
International trade (ch. 15-16)

B. Macroeconomia

Basic concepts and data (ch. 17-20)
The economy in the long run (ch. 21-22)
International economics (ch. 31-32)

C. Economic miracles in East Asia: The case of the People Republic of China

Detailed versions of the program for the final test will be made available at the end of the classes

Readings/Bibliography

Readings/Bibliography

Robert H. Frank, R.H., Bernanke, B.S., McDowell, M., Thom, R., e Pastine, I., Principi di economia 4/ed, McGraw Hill, 2013 is the textbook for section A and B of the program.

For part C, you may look at the class slides. A good reading is A.R. Kroeber, China's Economy. What everyone needs to know, Oxford University Press, 2016

Teaching methods

Class lectures

Assessment methods

Mandatory written test (open-end questions). In special cases, you may also be requested to pass an oral exam, which has to be taken in the same exam session as the written one. The final grade will be based on both written and oral exam.
To take the exam, you must be enrolled via Almaesami. No exceptios.

If you want to refuse the final grade, you must send a written notice, with a copy of a legal i.d, before a day to be specified

Teaching tools

Slides. They will be available on the web site Insegnamenti on line, https://iol.unibo.it

Office hours

See the website of Tito Pietra