To provide with the students of the essential performing of the economic systeme and of the behaviouur of single economic agent without sharing a ideologic approval of the neoclassical paradigm
Daron Acemoglu- David Laibson- John A. List, Principi di economia Politica, Edizione Pearson, II ed., 2020.
Learning Objectives
Understanding the performance of the economic system and providing the basic tools for orienting oneself in the economic debate on market forms, on efficiency and equity, on growth and inequality, on the labor market.
Prerequisites
none
Teaching Methods
Lessons and exercises in the classroom and at home
Further information
Further information will be provided in the classroom
Type of Assessment
The final exam aims to ascertain the acquisition of knowledge and skills (i.e. the acquisition of learning outcomes) by conducting a written test lasting one hour without the help of notes or books. The written test consists of 2 questions over the parts of the course program presented in the classroom. Each question has a maximum score of 15 out of 30. There is no oral exam. The aim of the graduation of the student's performance is to reliably evaluate the level of achievement in learning.
However, as long as the pandemic phenomenon persists, the student can exercise the option between face-to-face and remote examination.
In attendance - This is the method indicated above: a written test on the subject lasting one hour, with 2 wide-ranging open questions.
Remote examination - Given the limitations of available information technology, in order to counteract the misconduct that occurred in a significant number of cases in the June and July appeals, we must necessarily use a different exam format from that in the classroom.
The student will be asked two specific questions to which, in 20 minutes maximum, he must give a precise answer. Here, unlike the open-ended written question, a generic description of the theme or part of the program in which the problem is located is not sufficient, but it is necessary to understand the problem and answer the specific question using the notions acquired. To be more explicit, the repetition "by heart" of parts of the program, which was frequently seen in the exams in June and July, is not enough here to pass the exam.
In choosing between face-to-face and remote mode, it is advisable to take into due consideration the fact that the remote mode in the June and July sessions produced on average significantly worse results than the traditional mode in the presence of previous periods.
Course program
The chapters under examination are, for the part of Microeconomics (Prof. Mori):
4 - Demand, supply, equilibrium [skip par. 4.5]
5 - Consumers and incentives [skip demand elasticity par. 5.5]
6 - Firms and incentives [skip offer elasticity, pp. 142-144 in par.6.3]
7 - Perfect competition and the invisible hand [skip par. 7.3, 7.5]
For the part of Macroeconomics (Prof. Sabani):
19 - The wealth of nations and macroeconomic aggregates [except pp. 531-536]
20 - Aggregate income [only pp. 539-547]]
23 ‒ Employment and Unemployment [ pp. 645-665]
24 ‒ Credit Market ( pp. 673-692 )
25 ‒ Il Sistema monetario [ pp. 699-711 + pp.714-715 (la Banca Centrale
Europea)]
26 ‒ Le fluttuazioni economiche di breve periodo [pp. 735-757]
N.B. - The appendices at the end and the boxes within each chapter, however named (eg "Choices and consequences", "Evidence-based economics", etc.), are all to be skipped, unless otherwise indicated between square brackets.