International Economics (M-Z)
International Economics (M-Z)
Anno accademico 2022/2023
- Codice attività didattica
- Prof.ssa Gianna Lotito (Titolare del corso)
- Corso di studio
- Laurea in Global Law and Transnational Studies - a Torino (D.M. 270/2004) [0707L31]
- 1° anno
- Primo semestre
- SSD attività didattica
- SECS-P/01 - economia politica
- Tipologia esame
- Propedeutico a
All economic subjects
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.
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
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. Taxation;
5. Inefficient market allocations. Public goods, Common resources; Externalities;
6. Firm behaviour and market structures. Firms' production decisions; The firm in the perfectly competitive market framework; Monopoly; Monopolistic competition;
7. 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;
Optional topics: 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
Modalità di insegnamento
The course consists of lectures and exercises. All teaching material such as slides, exercises and their solutions, plus any additional material, will be uploaded on the Moodle site of the course at the end of each teaching week.
Please go to the Moodle page of the course by clicking at the bottom of the page and register as a participant.
Modalità di verifica dell'apprendimento
The evaluation 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.
Attività di supporto
There will not be any particular support activities apart from the ones which can be accessed through the course Moodle page
Testi consigliati e bibliografia
- Anno pubblicazione:
- Cengage Learning, 5th edition
- Mankiw N. Gregory and Mark P. Taylor