Università Roma Tre

1. Savings-investment equilibrium and aggregate product level in neoclassical theory and in the aggregate demand approach of Keynesian origin
2. The investment function elastic to the interest rate as a derivation of the function of demand for capital; applicability to the investment function of the criticism of the neoclassical theory of capital. Attempts to identify alternative analytical bases for the relationship interest rate-investments.
3. Savings and investments in the modern 'dynamic' neoclassical macroeconomics
4. Savings, investment and productive capacity: long-run relationships in an alternative theoretical approach
5. Aggregate demand, overall output and savings formation: implications for economic policies, with particular regard to public debt

- M. Pivetti, Economia politica, Laterza, 2002: Cap. secondo, parr. 1-11, pp. 48-83
- P. Garegnani, “Note su consumi, investimenti e domanda effettiva”, in P. Garegnani, Valore e domanda effettiva, Einaudi, 1979: Parte prima, Cap. I, parr. 5 e 6, pp. 25-36
- F. Petri, General Equilibrium, Capital and Macroeconomics, Edward Elgar, 2004: Chap. 7, secs. 7.1-7-7, pp. 256-83
- E. Marchetti, Teorie del ciclo economico, Esculapio, 2009: Cap. 5, parr. 5.1-5.4, pp. 113-36
- R. Ciccone, “Accumulation and capacity utilization: some critical considerations on Joan Robinson’s theory of distribution”, in Political Economy, n. 1, 1986 (available at http://www.centrosraffa.org , entry ‘From the archives’), sec. II, paras. 3 (bis) – 5, pp. 26-29
- P. Garegnani, “Some Notes on an Analysis of Accumulation”, in E.J Nell, D. Laibman, J. Halevi (eds), Beyond the Steady State, Macmillan, 1992, pp. 50-53
- R. Ciccone, “Public Debt and Aggregate Demand: Some Unconventional Analytics”, in S. Levrero, A. Palumbo e A. Stirati (eds), Sraffa and the Reconstruction of Economic Theory, Palgrave Macmillan, 2013: Vol. 2, parr. 1.1-1.5, pp. 15-33 and endnotes pp. 38-43

1. The notion of Surplus
2. The capitalist mode of production
3. Sraffa's theory of prices
4. The integrated wage-commodity sector and the surplus equation
5. The marginalist theory of distribution
6. Capital as a factor of production

- Teaching material written by the teacher and available online.
- Sraffa, P. (1960) Production of Commodities by Means of Commodities. Cambridge University Press: Cambridge. Chapters I-IV and VI.