Economics - Jean Monnet Chair in EU Public Finance

A.Y. 2021/2022
12
Max ECTS
80
Overall hours
SSD
SECS-P/01 SECS-P/02
Language
Italian
Learning objectives
The course aims to present, through the language of public economics, how to analyze the main themes of modern microeconomics and the tools needed to understand the macroeconomic system - with particular attention to those issues which are relevant to the economic and political reality and fundamental in the Italian and European economic policy debate - and to critically discuss the various economic policies and the role of the national state and of the European institutions.
Expected learning outcomes
At the end of the course the student will know the basic language of economics and how to understand and discuss: the problems of consumer's choice, the functioning of the demand and supply market and the mechanisms for price formation; the main economic aggregates (such as unemployment, inflation, national income, public spending, public debt and their interactions in developed market economies); the aims and effects of national and European economic policies. The student will be able to understand the functioning of financial markets and national economies in the European context and to understand the interactions between the financial market and the real economy and the importance of the role of the public operator for law enforcement policies of the fluctuations of the economic cycle. The student will also know how to use the tools provided to critically analyze the functioning of modern market economies and to understand and he/she will know how to discuss and evaluate the various economic policies and the role of the national state and of the European institutions.
Course syllabus and organization

Single session

Responsible
Lesson period
Second trimester
Prerequisites for admission
See program description
Assessment methods and Criteria
Written exam
During the COVID-19 emergency the exam will be online (exam.net + SEB + Zoom). See: https://www.unimi.it/it/studiare/frequentare-un-corso-di-laurea/seguire…
Modulo Microeconomia
Course syllabus
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* Instructor: Prof. Lorenzo Zirulia
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Fundamental principles
Economic models: trade-offs and exchange
Supply and demand
Consumer and producer surplus
Price and quantity controls: interfering with markets
Elasticity
The decision-making process of individuals and firms
The rational consumer
Behind the supply curve: production factors and costs
Perfect competition and the supply curve
Monopoly
Oligopoly
Monopolistic competition and product differentiation
Teaching methods
Lectures and tutorials
Teaching Resources
Paul Krugman, Robin Wells, MICROECONOMIA, Ultima ed., Zanichelli, Bologna. Chapters 1-6 and 9-15.
Modulo Macroeconomia e politica economica dell'Unione Europea
Course syllabus
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* Instructor: Prof. Andrea Bastianin
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1. Macroeconomics: introduction
2. The Goods Market
3. Financial Markets
4. Goods and Financial Markets: the IS-LM Model
5. Financial Markets II: the extended IS-LM Model
6. The Labor Market
7. The Phillips Curve, the Natural Rate of Unemployment, and Inflation
8. From the Short to the Medium Run: the IS-LM-PC model
9. Macroeconomics of the COVID pandemic
Teaching methods
Lectures and tutorials
Teaching Resources
- Blanchard, Olivier; Amighini, Alessia; Giavazzi, Francesco "Scoprire la macroeconomia - Quello che non si può non sapere". Bologna: Il Mulino, 2021. Chapters 1-10

- Chapters 1-9 avaialable here: https://www.pandoracampus.it
Modulo Macroeconomia e politica economica dell'Unione Europea
SECS-P/02 - ECONOMIC POLICY - University credits: 6
Lessons: 40 hours
Professor: Bastianin Andrea
Modulo Microeconomia
SECS-P/01 - ECONOMICS - University credits: 6
Lessons: 40 hours
Professor: Zirulia Lorenzo
Professor(s)
Reception:
Friday 15-18
MS Teams (please send email for confirmation)
Reception:
Friday 15-18
MS- TEAMS (please send me an email for booking a slot)