BASICS OF POLITICAL ECONOMY
ELEMENTI DI ECONOMIA POLITICA
| A.Y. | Credits |
|---|---|
| 2020/2021 | 9 |
| Lecturer | Office hours for students | |
|---|---|---|
| Edgar Javier Sanchez Carrera | On appointment by email or at the end of classes |
| Teaching in foreign languages |
|---|
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Course with optional materials in a foreign language
English
Spanish
French
This course is entirely taught in Italian. Study materials can be provided in the foreign language and the final exam can be taken in the foreign language. |
Assigned to the Degree Course
| Date | Time | Classroom / Location |
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| Date | Time | Classroom / Location |
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Learning Objectives
The course aims to introduce students to the study of economic science. Starting from microeconomic considerations, applying them to the market concept and then breaking down the analysis of aspects of demand, supply, market structure, public intervention, and macroeconomics. The course aims at understanding and learning the main concepts and mechanisms useful for the description and analysis in economics, particularly for the functioning of the markets and the interactions of the main macroeconomic variables in real economic terms.
Program
- Economic problems. Demand, supply, and equilibrium.
- Constraints and choices. Consumer and market demand.
- Production technologies and firm costs.
- Price system and the allocation of economic resources.
- Perfect and imperfect competition.
- Game theory.
- Markets and public intervention. Rules and taxes.
- National accounting. The national product. The market of goods.
- Factor and financial markets
- The model of the multiplier
- The AS-AD model
- The IS-LM model
- Phillips curve
- Growth, economic and financial crisis
Learning Achievements (Dublin Descriptors)
At the end of the course, students will be able to manage the acquired techniques to understand and solve different economic problems: consumers, firms, industry associations and governments.
Knowledge and Understanding: at the end of the semester students are expected to know introductory economics by means of microeconomic and macroeconomic senarios. Futher, they will learn how to analyse and likely solve economic real problems.
Applying Knowledge and Understanding: students will be able to understand the fundamental concepts of the discipline and to learn how to use the main tools to solve problems and interpretate economic phenomena.
Making Judgements: students will develop a critical evaluation capacity about the goodness of the proposed solutions regarding the themes of economic policy.
Communication Skills: students will learn how to communicate the results of the analyzes carried out in terms of political economy, based for example, of synthetic relationships and graphs.
Learning Skills: students will be able to apply technical knowledge acquired in other courses and integrate them with skills that they will learn during this course.
Teaching Material
The teaching material prepared by the lecturer in addition to recommended textbooks (such as for instance slides, lecture notes, exercises, bibliography) and communications from the lecturer specific to the course can be found inside the Moodle platform › blended.uniurb.it
Supporting Activities
Integrated with slides.
Teaching, Attendance, Course Books and Assessment
- Teaching
Frontal lessons.
- Attendance
Highly suggested
- Course books
- G. Bertola, A. Lo Prete, Istituzioni di economia, il Mulino. Capitoli 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11.
- P.A. Samuelson, W.D. Nordhaus, C.A. Bollino, ECONOMIA, McGraw-Hill, 20^ Edizione, Capitoli 18, 19, 21, 23, 24, 25, 26, 27, 29.
- Assessment
Written examination with five questions. The duration of the examination is h. 01.10.
- Disability and Specific Learning Disorders (SLD)
Students who have registered their disability certification or SLD certification with the Inclusion and Right to Study Office can request to use conceptual maps (for keywords) during exams.
To this end, it is necessary to send the maps, two weeks before the exam date, to the course instructor, who will verify their compliance with the university guidelines and may request modifications.
Additional Information for Non-Attending Students
- Teaching
There are no changes in the conditions for non-attending students
- Attendance
There are no changes in the conditions for non-attending students
- Course books
There are no changes in the conditions for non-attending students
- Assessment
There are no changes in the conditions for non-attending students
- Disability and Specific Learning Disorders (SLD)
Students who have registered their disability certification or SLD certification with the Inclusion and Right to Study Office can request to use conceptual maps (for keywords) during exams.
To this end, it is necessary to send the maps, two weeks before the exam date, to the course instructor, who will verify their compliance with the university guidelines and may request modifications.
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