ECONOMICS M - Z

Lectures, participatory and interactive classes, peer-instruction, peer-studying and peer-assessment platforms. In addition, exercises, analyses and discussions of data, facts and institutional interventions on current economic issues.

Should teaching be carried out in mixed mode or remotely, it may be necessary to introduce changes with respect to previous statements, in line with the programme planned and outlined in the syllabus.

Learning assessment may also be carried out on line, should the conditions require it.

Institutional part: Economics and the economy. Tools of economic analysis. Demand, supply and the market. Elasticities of demand and supply. Consumer choice and demand decisions. Firms and supply theory. Perfect competition and monopoly. Imperfect competition: Natural monopoly and monopolistic competition. Oligopoly. Resources market, labour market. Information and risk. Introduction to the normative economics. Industrial policy, natural monopoly and competition policy. Introduction to macroeconomics. GDP and aggregate demand (income-expenditure model or Keynesian model). Fiscal policy and foreign trade. Money and monetary policy. Monetary market and commodities market (IS-LM model). Aggregate supply, prices and adjustments due to shocks (AD-AS model). Inflation, expectations and credibility. Unemployment. Exchange rates and the balance of payments.

Special part: The debate on economic theory. Deregulation of labour market and employment. The plan "Next Generation EU".

A) For the institutional part: Begg D., Vernasca G., Fischer S., Dornbusch, R. (2018), Economia (VI edizione), McGraw-Hill, Milano.

B) For the special part:

1. Lunghini G. (2011), “La teoria economica dominante e le teorie alternative”, Accademia nazionale dei Lincei, Roma (http://m.docente.unife.it/paolo.pini/giorgio-lunghini-in-ricordo-di/giorgio-lunghini-la-teoria-economica-dominante-e-le-teorie-alternative-accademia-nazionale-dei-lincei-marzo-2011/view), pp. 1-10.
2. Simonazzi A. (2021), "Dignità del lavoro e piena occupazione”, Moneta e Credito, 74, 293, pp. 59-70.
3. Variato A. M., Maranzano P., Romano R. (2020), “Rotta Next Generation: tra narrazioni ed evidenza empirica, le sfide del possibile orizzonte della politica economica italiana”, Moneta e Credito, 73, 291, pp. 207-236.