This course aims at providing the basic tools and concepts for the analysis of firms’ behaviour and performance within industries. Within this context, a substantial part of the course will be devoted to the determinants and effects of the internationalisation of firms, with a special focus on multinationals. The main characteristics of the Italian economy will also be discussed, together with the rationales and tools of industrial policy.

The course is articulated into two modules:

Module I: Basics of Industrial Economics
Introduction: what are the questions addressed by industrial economics and course structure
The structure and characteristics of the Italian industry
Monopoly and regulation
Price discrimination
Oligopoly
Market structure and market power
Strategic behaviour
Market structure and innovation
Theory of the firm and corporate governance

Module II: Economics of the multinational firm
Introduction to economics of the multinational firm: stylized facts and big issues
Determinants of foreign investments
Internalisation
Effects of multinational firms on home economies
Effects of multinational firms on host economies
Multinational firms and economic policy

Modalità didattiche

Lectures in Italian (at Fano Ateneo). In case foreign students attend the course, arrangements can be made for lectures and seminars in English

Testi di studio

Module I: Basics of Industrial Economics
Cabral L. (2000) Introduction to Industrial Organization, MIT Press, EXCEPT Ch. 4, 6, 11, 13, 17

Module II: Economics of the Multinational Firm
Barba Navaretti G., Venables A.J. (2004) Multinational Firms in the World Economy, Princeton University Press, EXCEPT Ch.3, 4, 5.

Modalità di
accertamento

Oral examination either in Italian or in English.

Disabilità e DSA

Le studentesse e gli studenti che hanno registrato la certificazione di disabilità o la certificazione di DSA presso l'Ufficio Inclusione e diritto allo studio, possono chiedere di utilizzare le mappe concettuali (per parole chiave) durante la prova di esame.

A tal fine, è necessario inviare le mappe, due settimane prima dell’appello di esame, alla o al docente del corso, che ne verificherà la coerenza con le indicazioni delle linee guida di ateneo e potrà chiederne la modifica.