- Oggetto:
- Oggetto:
International Economics
- Oggetto:
International Economics
- Codice attività didattica
- GIU0637
- Docente
- (Titolare del corso)
- Corso di studio
- Laurea in Global Law and Transnational Studies - a Torino (D.M. 270/2004) [0707L31]
- Anno
- 1° anno
- Tipologia
- Caratterizzante
- Crediti/Valenza
- 9
- SSD attività didattica
- SECS-P/01 - economia politica
- Erogazione
- Tradizionale
- Lingua
- Inglese
- Frequenza
- Consigliata
- Prerequisiti
- Basic knowledge of diagrams and graphs
- Propedeutico a
- All economic subjects
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Sommario insegnamento
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Obiettivi formativi
The course aims at providing students with the basic notions and tools of economic theory, in order to understand the decisions of consumers and firms, their interaction in the market, the role of public intervention and the functioning of the economic system as a whole.
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Risultati dell'apprendimento attesi
At the end of the course students are supposed to know the basic concepts and tools of micro and macroeconomic theory and being able to apply them to understand economic phenomena, use appropriately the essential terminology and reasoning of economics
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Programma
1. Introduction. What is economics; thinking like an economist; 2. Supply and Demand - How markets work. The market forces of supply and demand; elasticity and its applications; background to demand: consumer choices; background to supply: firms in competitive markets; 3. Markets, efficiency and welfare. Consumers, producers and the efficiency of markets; Supply, demand and government policies. 4. The economics of the public sector. The cost of taxes; 5. Inefficient market allocations. Public goods, common resources; externalities; 6. Firm behaviour and market structures. Firms' production decisions; monopoly; monopolistic competition and oligopoly; 7. Factor markets. The economics of labour markets; 8. Trade. Interdependence and the gains from trade; 9. The data of macroeconomics. Measuring a nation's well-being; Measuring the cost of living; 10. The real economy in the long run. Production and growth; unemployment; 11. Money and prices in the long run. Saving and investment; the monetary system; money growth and inflation; 12. Short-run economic fluctuations. Aggregate demand and aggregate supply; the influence of monetary and fiscal policy on aggregate demand; The short-run trade-off between inflation and unemployment; 13. Open-economy macroeconomics - basic concepts
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Modalità di insegnamento
The course consists of both lectures and class exercises. Teaching material such as slides, exercises and their solutions will be uploaded on the teaching material site of the course at the end of each teaching week.
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Modalità di verifica dell'apprendimento
The evalution will consist of a written test with multiple choice questions and exercises. The exam would be the same for students who attended the class and students who did not. Details about the final exam structure will be given during the course.
Testi consigliati e bibliografia
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Mankiw N.Gregory e Mark P. Taylor, Economics, Cengage Learning, 4th edition, 2017
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