LEARNING OBJECTIVES

1. Knowledge of basic economic theories of the microeconomic field.

2. Knowledge of basic economic theories of the macroeconomic field.

3. Knowledge of the interpretations and analyzes that, even from a critical perspective, have as their object the economic system and economic phenomena, with particular attention to the political, legal and regulatory issues of economic reality and the debate between the main schools of economic thought.

Teaching Organization

TEACHING METHOD:
96 ONLINE VIDEO LESSONS (divided into 12 TEACHING UNITS - each WITH TWO HOURS DURATION FOR EACH ECTS)

INTERACTIVE TEACHING:
N. 2 interactive lessons for credits
N. 5 thematic discussions on the didactic forum (Topic) AND N. 2 posts PER CFU AS FROM THE PQA TEACHING GUIDELINES
N. 2 e-tivity every 5 credits
n. 2 tests for each cfu WITH 8 MULTIPLE ANSWERED QUESTIONS

Days and hours of weekly reception on site:
Weekly reception: second and fourth Tuesday of the month / time slot 12: 30-13: 30.

Course program

LMG degree course (12 CFU):
Microeconomics:
1. Introductory notions: the economic system
2. The consumer
3. Production and costs
4. Competitive markets
5. Monopoly and monopolistic competition
6. Strategic behavior and oligopoly
Macroeconomics:
7. Macroeconomics and the Neoclassicals
8. The Keynesian model and the critique of the Neoclassicals
9. Keynesian macroeconomics and the neoclassical synthesis
10. Supply and demand (Model AS-AD)
11. Inflation, unemployment, distribution and the Phillips curve
12. Open economy and foreign trade

Procedures for on-going profit checks

The degree of learning of the students is constantly monitored through the tools and methods of verification.
In particular, in order to make the verification and certification of the educational outcomes feasible, the teacher and the tutor will take into account:
1. automatic tracking of training activities by the system - reporting;
2. didactic and technical monitoring (in terms of quantity and quality of interactions, compliance with didactic deadlines, delivery of the required documents, etc.).
3. ongoing training tests, also for self-assessment (eg multiple choice tests, true / false, sequence of questions with different difficulties, simulations, concept maps, papers, group projects, etc.);
4. the final exam, during which the work done online is taken into account and valued (remote activities, quantity and quality of online interactions, etc.).
The evaluation, in this context, takes into account several aspects:
to. the result of a certain number of intermediate tests (online tests, development of papers, etc.);
b. the quality and quantity of participation in online activities (frequency and quality of interventions that can be monitored through the platform);
c. the results of the final test.
Therefore the collected data will be considered by the teacher to determine the final evaluation of the student.

Method of evaluation

Access to the exam is subject to recognition of attendance, which will be attested with the appropriate certificate at the time of booking the exam, regarding the performance of the ongoing assessment teaching activities and the work done in the various exercises.
The exam will consist of an oral interview and the mark will be expressed in 30ths.
The exam is carried out in oral form. The student will receive from the commission at least three questions on the topics described in the course program.
The exam aims to assess the achievement of educational objectives. In particular:
a) the student must demonstrate that he is able to expose and analyze the basic economic theories of the microeconomic field;
b) the student must demonstrate that he is able to expose and analyze the basic economic theories of the macroeconomic field;
c) the student will have to demonstrate the ability to interpret and analyze economic phenomena, even from a critical perspective, with particular attention to the political, legal and regulatory issues of economic reality.

Objectives of the test

With reference to the vote, a maximum of 10 points will be awarded for each objective verified as per points a, b and c.
In order to pass the exam, a minimum score of 6 points per goal is required.
Honors will be awarded if the student:
a) acquires the maximum score assigned to all objectives
b) demonstrates full autonomy in conducting the oral interview
c) highlights strengths and critical skills in the articulation of economic arguments.


Recommended bibliography

Microeconomics: D. Besanko, R. Braeutigam (with Michael J. Gibbs), 2020, Microeconomics, WILEY.

Macroeconomics: O. Blanchard, 2021, Macroeconomics (8th Edition), Pearson.

Microeconomics: D. Besanko, R. Braeutigam (with Michael J. Gibbs), 2020, Microeconomics, WILEY.

Macroeconomics: O. Blanchard, 2021, Macroeconomics (8th Edition), Pearson.