Degree Course: Economics Syllabus for A.Y. 2019/2020

Italian version

ANALISI ECONOMICA

FIRST YEAR

First semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21201406 - MATHEMATICS FOR THE ECONOMY - ADVANCED COURSE (objectives)

- GUIZZI VALENTINA (syllabus)

Summary of real functions of a real variable. Main properties and definitions, elementary functions, derivatives and derivation rules. Second order derivatives, chain rule, monotonicity and first derivative, second order derivative and convexity NSC for the existence of local maxima and minima. Global max and min. Weierstrass theorem.
Topology and metrics of the n-dimensional real space. Sequences. Open sets. Closed sets. Compact sets.
Functions of several variables. Definition and examples. Level curves. Linear functions and quadratic forms. Continuous functions and Weierstrass theorem.
Differential calculation for several variables functions. Partial derivatives. Differential and tangent plane. Gradient and Jacobian matrix. Approximations by differentials. Darivative along a curve. Directional derivative. Chain rule. Second order derivatives and Hessian matrix.
Implicit function theorem: Case of a function in two variables. Geometric interpretation. Case of a function in several variables. Linear case: m equations, n+m variables. General case of systems of m equations and n+m variables. Inverse function theorem.
Static optimization. Free optimization. NC for the existence of local maxima and minima. Stationary points. Definite and semidefinite quadratic forms. Criterion for 2 or 3 variables. Second order SC for the existence of local free maxima and minima. Constrained optimization. Equality constraints. NC for the existence of local maxima and minima. Inequality constraints: NC for the existence of local maxima and minima. Kuhn-Tucker conditions for non-negative variables. Interpretation of the Lagrange multiplier.
Homogeneous functions. Geometric definition and properties. Euler theorem. Homothetical functions
Concave and convex functions. Definitions and geometrical properties. Properties and characterization. Concavity and sign of the Hessian matrix. Quasiconcave and quasiconvex functions. Cobb-Douglas functions. Pseudoconcave functions Free and constrained optimization in hypothesis of quasiconvexity and quasiconcavity.
Dynamical models: Malthus model in discrete and continuous time. Dynamical models in continuous and discrete time. Definition of differential equation and difference equations. Existence and uniqueness of solutions for first order difference equations.
Calculus of variations. Definition of a problem of calculation of variations. Euler equation in integral form (w.p.). Euler-Lagrange equation. Transversality conditions. Sufficient conditions in hypothesis of concavity or convexity.
Optimal control theory: Optimal control problem (in discrete and continuous time). Pontryagin maximum principle. Sufficient conditions in hypothesis of concavity.
Dynamic programming. Finite horizon and discrete time: Bellman’s principle. Dynamic programming principle. Bellman's equation and optimization conditions.
(w.p.)=”with proof”.

(reference books)

SECS-S/06

Core compulsory activities

ITA

Optional group: ANALISI ECONOMICA Orientamento unico 1 ANNO - UN INSEGNAMENTO A SCELTA TRA: - (show)

21201440 - PUBLIC ECONOMIC LAW AND ELEMENTS OF PUBLIC BUSINESS ADMINISTRATION (objectives) The purposes of this Course are mainly two. Firstly, the Course aims to illustrate the “business dimension” of public administrations, respecting the interdisciplinary connections, so as to introduce the learner to the Economy of companies and public administrations, understood as autonomous and organic discipline of the business economy. Secondly, the Course aims to offer the students the knowledge of the forms of public intervention in the economy in their historical development and according to a legal approach, with particular attention to the role of the so-called Administrative Independent Agencies in Italian and comparative law.
21201440-2 - DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA 2 (objectives) The purposes of this Course are mainly two. Firstly, the Course aims to illustrate the “business dimension” of public administrations, respecting the interdisciplinary connections, so as to introduce the learner to the Economy of companies and public administrations, understood as autonomous and organic discipline of the business economy. Secondly, the Course aims to offer the students the knowledge of the forms of public intervention in the economy in their historical development and according to a legal approach, with particular attention to the role of the so-called Administrative Independent Agencies in Italian and comparative law. - GRANDIS FABIO GIULIO (syllabus) Module I – Introduction 1. the nature of public sector accounting; 2. public sector accounting; 3. economy, efficiency and effectiveness. Module II – Management accounting 1. planning and control; 2. the role of management accounting; 3. management accounting and planning; 4. management accounting and control; 5. the annual revenue budget; 6. line-item budgeting and programme budgeting; 7. budget preparation. (reference books) R. Jones, N. Pendlebury – Public sector accounting. Pearson Education, 2000. It could be excluded: from pag. 48 to 57; from pag. 69 to 124; from pag. 185 to 207; from pag. 233 to 245.	3	SECS-P/07	20	-	-	-	Core compulsory activities	ITA
21201440-1 - DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA - PIERGIGLI VALERIA (syllabus) The Course is focused on the evolution of the public intervention in the economy as well as on the organizational models in the Italian and comparative law. More specifically, the common thread will be the organizational model of the so-called "Autorità amministrative indipendenti" (rationale of their institution, organization, powers) and, in particular, of the Authority - variously named - responsible for guaranteeing the free market competition in the main contemporary legal systems and within the framework of the European Union. Even in the absence of a unitary model, the comparative study of that topic, facilitated by the so-called economic globalization and technological development, will be able to highlight similar issues in the world experience of the independent agencies. (reference books) For students not attending classes: S. Cassese (a cura di), La nuova Costituzione economica, Laterza, Bari, 2019 (except for Chapters VI e VIII). With the students who regularly attend classes, it will be possible to agree on alternative program.	6	IUS/05	40	-	-	-	Core compulsory activities	ITA
21210148 - DIRITTO E FINANZA DELLA TUTELA DEL RISPARMIO

Optional group: ANALISI ECONOMICA - 1° anno - due insegnamenti a scelta tra: - (show)

21210130 - Monetary theory, institutions and policy (objectives) The first module (30 hours) of the course aims to provide students with the tools needed to understand the functioning of monetary economy and the operative aspects of Central Bank monetary policies. It explains what money is, the debate on its origins, the different approaches to the determinants of the demand for money and its supply, monetary policy instruments and equilibrium in the assets markets. The lectures of this first module will be held in Italian. The second module (30 hours) concentrates on the relations between money, prices and outputs in the long and short run. It also analyses the debate on rules and discretion in monetary policies, the Taylor rule and the sustainability of public debt. These themes are developed according to both a traditional and heterodox approach. A knowledge of basic microeconomic and macroeconomic notions is a prerequisite for this second module. - LEVRERO ENRICO SERGIO (syllabus) First Module (30 hours) 1. Money, monetary institutions and the financial markets 2. The demand for money 3. The supply of money and the debate on its endogeneity 4. The equilibrium of the financial sector 5. The structure of the interest rates Second Module (30 hours) 6. Money, prices, and output 7. The transmission channels of the monetary policies 8. The Gibson Paradox 9. Rules and discretion 10. Money and public finance (reference books) Bank of England, Quarterly Bulletin, Q1, 54, 1, 2014, pp. 4-28 (Module 1) N.S. Balke and K.M. Emery, “Understanding the price puzzle”, Economic Review— Fourth Quarter 1994, Federal Reserve Bank of Dallas, pp. 15-26 (Module 2) R. Ciccone, “Public Debt and Aggregate Demand: Some Unconventional Analytics”, in E.S. Levrero, A. Palumbo and A. Stirati (eds), Sraffa and the Reconstruction of Economic Theory: volume 2. Aggregate Demand, Policy Analysis and Growth, Palgrave Macmillan, 2013, pp. 15-28 (Module 2) B. Friedman, “Crowding Out or Crowding In? Economic Consequences of Financing Government Deficits”, Brookings Papers on Economic Activity, 3:1978, pp. 599-603 and 609-620 (Module 2) C.A.E Goodhart, Money, information and uncertainty, Second edition, Macmillan, 1989, pp. 24-50, 51-57, 129-137 (Module 1) A. Lavoie, Post-Keynesian Economics: New Foundations, Edward Elgar, 2014, pp. 186-225 and 245-252 (Module 1) M. Pivetti, “Interest and profits in Smith, Ricardo and Marx”, Political Economy. Studies in the surplus approach, 3, 1, 1987, pp. 63-74 (Module 2) W. Poole, “Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model”, The Quarterly Journal of Economics, 84, 2, 1970), pp. 197-203 (Module 2) J. Smithin, The theory of interest rates, in P. Arestis and M. Sawyer, A Handbook of Alternative Monetary Economics, Edward Elgar, 2006, pp. 273-290 (Module 2) J. Tobin, “Liquidity Preference as Behavior Towards Risk”, The Review of Economic Studies 25, 2, 1958, pp. 65-86 (Module 1) M. Vernengo, Money and inflation, in P. Arestis and M. Sawyer, A Handbook of Alternative Monetary Economics, Edward Elgar, 2006, pp. 476-489 (Module 1 and 2) C.E. Walsh, Monetary Theory and Policy, third edition, The Mit Press, 2010, pp. 21-24, 33-71, 134-162, 195-209, 465-475 (Module 1 and 2) C. E. Walsh, “Teaching Inflation Targeting: An Analysis for Intermediate Macro”, Journal of Economic Education, Fall 2002, pp. 333-346 (Module 2).	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201492 - PUBLIC ECONOMICS (objectives) The aim of the course is to provide advanced tools for the analysis of the tax shifting. To this purpose, the main kind of taxes will be investigated in different market structures (perfect competition, monopoly, monopolistic competition, oligopoly). The analysis is developed using both graphical and analytical tools. - Derived from 21201492 ECONOMIA PUBBLICA in Economia dell'ambiente e dello sviluppo LM-56 LIBERATI PAOLO	9	SECS-P/03	60	-	-	-	Core compulsory activities	ITA
21201713 - Foundations of Political Economy (objectives) The course aims to go to the foundations of the theories of value and distribution in order to provide students who already have a first knowledge of micro and macroeconomics with the means to orient themselves, on the one hand, in the comparison between the main theories of value and distribution (or 'micro' theory) and, on the other hand, in the understanding of the implications that these theories have with regard to the determination of the general level of production (or 'macro' theory). The course is divided into two parts. The first part is devoted to a comparison between the classical theory and the neoclassical (marginalist) theory of value and distribution. Particular attention is given to the reconstruction of the structure of the latter theory, presented in the general equilibrium version of Wicksell and Walras, and to the difficulties that this theory faces in treating capital as a productive factor. The second part is devoted to the determination of the general level of production in the two theoretical approaches. Particular attention is given to the reconstruction of the Keynesian Revolution, through a direct reading of some parts of Keynes’ General Theory, and the discussion of the elements that have favoured its reabsorption in the Neoclassical Synthesis.
21201465 - APPLIED ECONOMICS LABORATORY
21201711 - Employment, income distribution and growth (objectives) The course will present different analytical perspectives along with empirical evidence on themes such as the relationship between labour market regulation, income distribution and employment growth, which are very relevant for economic analysis and current debates concerning economic policy. - Derived from 21201711 OCCUPAZIONE, DISTRIBUZIONE E CRESCITA in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 STIRATI ANTONELLA (syllabus) The course consists of two modules of 30 hours each, the first of which is taught in English Module I - alternative theories of primary income distribution and employment - Harrod and Solow's growth models and demand-led growth - Technical change. employment and growth Module II - the impact of labour market reforms and macroeconomic policies: theory and empirical evidence - the interpretation of the changes in income distribution and their impact on employment and growth - Employment and wages in Italy During the course, data and results of empirical literature will be presented along with theoretical approaches. (reference books) Various papers and essays collected around four main subjects areas and available at the library. Upon request English alternatives to the Italian readings can be suggestd to foreign students. Below the detail: INTRODUCTORY: “Teorie del valore e della distribuzione – un confronto tra classici e neoclassici” di Fabio Petri, da pag. 87 a 116; e da pag. 249 a 305 “Appunti sulla teoria della distribuzione e del valore” di Garegnani e Palumbo, parte introduttiva, da pag. 1 a 3 “Unemployment, institutions and the living standard in the classical theory of wages” di Antonella Stirati, da pag. 42 a 66 “Emplyoment theory in the history of economic thought: an overview” di Antonella Stirati PART I PRODUCTIVITY EMPLOYMENT AND GROWTH: “Teorie dello sviluppo economico” di Terenzio Cozzi, da pag. 189 a 249 “Technical change, effective demand and emplyment” di Cesaratto, Serrano e Stirati da pag. 33 a 52 Lezioni sviluppo 2010-11 (fotocopie con tabelle di dati e grafici) “Equilibrio, distribuzione e crescita” di Kaldor, da pag. 219 a 246 “L’industria – rivista di economia politica” da pag. 45 a 53 “Potential GNP: its measurement and significance” di Okun “Puzzles, paradoxes, and regularities: cyclical and structural productivity in the United States (1950-2005)” di Jeon e Vernengo, da pag. 237 a 243 “L’approccio Kaldor-Verdoorn: una verifica empirica per il Centro-Nord e il Mezzogiorno d’Italia (anni 1951-2006)”, di Ferdinando Ofria, da pag. 179 a 203 “intervento alla discussione del seminario ASTRIL del 6/3/13” di Antonella Stirati PART II: INCOME DISTRIBUTION “La riduzione del prodotto che va al lavoro” di Antonella Stirati del 16 Novembre 2010 “Towards a sustainable recovery: the case for wage-led policies”, da pag. 161 a 186 “Wages, employment, distribution and growth” di Levrero e Stirati in Hein, Heise a Truger da pag. 93 a 114 “Il problema salariale in Italia” di Maurizio Zenezini, da pag. 2 a 31 PART III: LABOUR MARKET FLEXIBILITY AND EMPLOYMENT “Manuale di economia del lavoro”, capitolo 9 e 10 da pag. 215 a 249 “Are protective labor market institutions at the root of unemplOyment? A critical review of the evidence” di Howel, Baker, Glyn and Smchitt, da pag. 53 a 71 “Employment growth in Italy in the 1990s: institutional arrangements and market forces” di Brandolini, Casadio, Cipollone, Magnani, Rosolia e Torrini, da pag. 31 a 68 “La flessibilità del mercato del lavoro e il mito del conflitto tra generazioni” di Antonella Stirati, da pag. 181 a 191 “Oltre l’austerità” di Cesaratto e Pivetti, da pag. 133 a 144 (articolo di Antonella Stirati)	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201562 - ADVANCED ECONOMIC POLICY (objectives) The overall objective of Politica economica c.a. is to provide an in depth understanding of modern macroeconomic theory with strong emphasis on Business cycle and Stabilization policies. The course focuses mainly on Dynamic General Equilibrium macroeconomic models, starting from real business cycle models into which New Keynesian macroeconomic features are introduced. - Derived from 21201562 POLITICA ECONOMICA - CORSO AVANZATO in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 N0 GIULI FRANCESCO (syllabus) - Stylized Facts of the Business Cycle. Basic concepts and definitions - Business cycle theories from Keynes to Monetarism - Traditional keynesian stabilization policies and rule-based policies - The Lucas' island model and the role of expectations - The Real Business cycle theory and the money neutrality - The New Keynesian approach: the demand side and the monetary policy - Simulation of Dynamic Stochastic General Equilibrium (DSGE) models using Dynare for Matlab (reference books) Enrico Marchetti “Teorie del ciclo economico. Il dibattito moderno su instabilità e equilibrio”, Esculapio, 2009. Additional teaching material will be provided	9	SECS-P/02	60	-	-	-	Core compulsory activities	ITA
21201717 - MONETARY POLICY AND FINANCIAL MARKETS (objectives) 1. To analyse the major differences in financial systems over the world. 2. To understand the globalisation and convergence processes in financial systems. 3. To analyse some structural features and functions of fund channelling. The course is divided into three parts. In the first one the main models of monetary theory are examined, aiming at investigating the role and functioning of the demand and supply of money. The second part analyzes the objectives, instruments and transmission mechanisms of monetary policy, in the light of the main economic theories. The third part analyzes the interactions between the functioning of financial markets and the transmission mechanisms of monetary policy, focusing on the empirical cases of the financial crisis of 2007-2008 and its economic and monetary impact, the euro crisis in 2011 and the current volatility of the financial markets. - SCARANO GIOVANNI (syllabus) Monetary theory Functions and forms of money. Value of money, monetary stability and inflation. Money and credit. Interest rate and rate of return on assets. The structure of interest rates. Interest rates, asset pricing and financial markets. Interest rates, exchange rates and movements of capital. Banks and money supply. Money demand and quantitative theory of money. Theories of endogenous money. Monetary policy and transmission mechanisms Effectiveness of monetary policy. Neutrality of money and dichotomy in the classical model. Monetary economy. Keynesian models. Monetarist models. The New Consensus in Macroeconomics and the IS-PC-MR model. The objectives of monetary policy. The instruments of monetary policy: mandatory reserves, interest rates, money supply and capital requirements of banks. The mechanisms and channels of transmission of monetary policy. European monetary policy The Maastricht Treaty. Independence and governance of the ECB. The ECB's strategy. The intervention instruments of the ECB. Credit risk regulation: from the Basel agreements to the European banking union. Regulation of financial markets and financial crises Stability and volatility of the financial markets. Currency crisis and financial crisis. Money and effective demand. Credit cycle and financial crises. The financial crisis of 2007 - 2009. Bank rescue and sovereign debt crisis. Risks of national default and euro crisis. Secular Stagnation and sterilization of monetary policies. Corporate Saving Glut. The excesses of liquidity and the instability of the financial markets. (reference books) Bain K., Howells P., Monetary Economics. Policy and its Theoretical Basis, Palgrave Macmillan, 2009. Bain K., Howells P., The Economics of Money, Banking and Finance. A European Text, Pearson Education, 2008. Mishkin F.S., The Economics of Money, Banking and Financial Markets, Pearson- Addison Wesley, 2004.	9	SECS-P/02	60	-	-	-	Core compulsory activities	ITA
21201506 - HISTORY OF ECONOMIC THEORY
21201506-1 - STORIA DEL PENSIERO ECONOMICO - Derived from 21201506-1 STORIA DEL PENSIERO ECONOMICO in Economia L-33 CICCONE ROBERTO	5	SECS-P/04	30	-	-	-	Core compulsory activities	ITA
21201506-2 - STORIA DEL PENSIERO ECONOMICO - Derived from 21201506-2 STORIA DEL PENSIERO ECONOMICO in Economia L-33 TRABUCCHI PAOLO	4	SECS-P/04	30	-	-	-	Core compulsory activities	ITA
21210010 - TEORIA DEI GIOCHI (objectives) The course is a primer in game theory that aims to introduce students to the language and methods used to analyze static and dynamic games of complete and incomplete information. A special emphasis is posed on economic applications. Among the others, the course deals with problems concerning business strategies such as those related to the determination of sale prices and production/distribution quantities, strategies related to firm entry/exit and market positioning, bargaining, auction strategies and mechanisms, optimal policy, issues related to agents’ credibility and to the time-consistence/sustainability of their decisions. - TIRELLI MARIO (syllabus) Part I – Games of complete information. 1. Static games: Normal form games. Solution concepts. Nash equilibrium in pure and mixed strategies. Dominance solvable games. Rationalizability. Applications. 2. Dynamic games: Games in extensive form Nozione di gioco in forma estesa. Nash equilibria. Backward induction and Subgame Perfect Nahs Equilibria. Applications. Repeated games. Applications. Part II – Games of incomplete information. 3. Static games. Normal form representation. Bayesian-Nash equilibrium. Applications. (reference books) Martin J. Osborne, An Introduction to Game Theory, Oxford University Press. 2003 or later editions.	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201417 - ADVANCED PUBLIC FINANCE - Derived from 21210108 FINANZA PUBBLICA in Finanza e impresa LM-16	9	SECS-P/03	60	-	-	-	Core compulsory activities	ITA

Second semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21210144 - Advanced Political Economy

- Advanced Political Economy - I Mod.

- FRATINI SAVERIO MARIA (syllabus) (reference books)

SECS-P/01

Core compulsory activities

ITA

- Advanced Political Economy - II Mod.

- CICCONE ROBERTO (syllabus) (reference books)

SECS-P/01

Core compulsory activities

ITA

21201438 - MICROECONOMICS - ADVANCED COURSE (objectives)

- BLOISE GAETANO (syllabus) (reference books)

SECS-P/01

Core compulsory activities

ITA

Optional group: ANALISI ECONOMICA Orientamento unico 1 ANNO - UN INSEGNAMENTO A SCELTA TRA: - (show)

21201440 - PUBLIC ECONOMIC LAW AND ELEMENTS OF PUBLIC BUSINESS ADMINISTRATION (objectives) The purposes of this Course are mainly two. Firstly, the Course aims to illustrate the “business dimension” of public administrations, respecting the interdisciplinary connections, so as to introduce the learner to the Economy of companies and public administrations, understood as autonomous and organic discipline of the business economy. Secondly, the Course aims to offer the students the knowledge of the forms of public intervention in the economy in their historical development and according to a legal approach, with particular attention to the role of the so-called Administrative Independent Agencies in Italian and comparative law.
21210148 - DIRITTO E FINANZA DELLA TUTELA DEL RISPARMIO
21210148-1 - DIRITTO E FINANZA DELLA TUTELA DEL RISPARMIO - 1 MOD - ATRIPALDI MARIANGELA	6	IUS/05	40	-	-	-	Core compulsory activities	ITA
21210148-2 - DIRITTO E FINANZA DELLA TUTELA DEL RISPARMIO - 2 MOD - MORRESI OTTORINO	3	SECS-P/08	20	-	-	-	Core compulsory activities	ITA

Optional group: ANALISI ECONOMICA - 1° anno - due insegnamenti a scelta tra: - (show)

21201503 - INTERNATIONAL ECONOMICS (objectives) The aim of the course is to present the main themes of international monetary macroeconomics. The course starts by laying out the way in which international relations are recorded in national accounts and balance of payments. In this way the course provides a framework for understanding the consequences for a country of running large current account surpluses or deficits. The course then focuses on different theories of the determination of the exchange rates. It also discusses the effects on the real economy and on the price levels of the commercial and financial relations of a country with the rest of the world. The institutional set-up of the euro area will be presented in relation to the theories considered, emphasizing Its peculiarities with respect to the theoretical debates about the alternative between fixed and flexible exchange rates and about the question of the optimal currency areas. All the topics will be analyzed trying to highlight the differences underlying the main theoretical models. The main official documents and economic reports published by national and international institutions on our country's international relations will also be analyzed. The material covered is not mathematically complex, but it is taught in a formal and rigorous manner, which assumes a good familiarity with basic economic concepts. - Derived from 21201503 ECONOMIA INTERNAZIONALE in Economia L-33 TREZZINI ATTILIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201457 - INDUSTRIAL ECONOMICS - ADVANCED COURSE (objectives) The aim of the course is twofold. The analytical models of the main problems of industrial economics, with a particular focus on the strategic interaction between firms, are the core of the first module of the course. The second module aims to provide students with the notions for a thorough analysis of the Italian productive system, taking into consideration issues related to firms’ organization and performance together with a close look at the specific industries’ main competitiveness indicators - Derived from 21210082 ECONOMIA INDUSTRIALE - CORSO AVANZATO in Economia e Management LM-77 (docente da definire)	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201713 - Foundations of Political Economy (objectives) The course aims to go to the foundations of the theories of value and distribution in order to provide students who already have a first knowledge of micro and macroeconomics with the means to orient themselves, on the one hand, in the comparison between the main theories of value and distribution (or 'micro' theory) and, on the other hand, in the understanding of the implications that these theories have with regard to the determination of the general level of production (or 'macro' theory). The course is divided into two parts. The first part is devoted to a comparison between the classical theory and the neoclassical (marginalist) theory of value and distribution. Particular attention is given to the reconstruction of the structure of the latter theory, presented in the general equilibrium version of Wicksell and Walras, and to the difficulties that this theory faces in treating capital as a productive factor. The second part is devoted to the determination of the general level of production in the two theoretical approaches. Particular attention is given to the reconstruction of the Keynesian Revolution, through a direct reading of some parts of Keynes’ General Theory, and the discussion of the elements that have favoured its reabsorption in the Neoclassical Synthesis.
21201713-2 - FONDAMENTI DI ECONOMIA POLITICA (objectives) The course aims to go to the foundations of the theories of value and distribution in order to provide students who already have a first knowledge of micro and macroeconomics with the means to orient themselves, on the one hand, in the comparison between the main theories of value and distribution (or 'micro' theory) and, on the other hand, in the understanding of the implications that these theories have with regard to the determination of the general level of production (or 'macro' theory).The course is divided into two parts. The first part is devoted to a comparison between the classical theory and the neoclassical (marginalist) theory of value and distribution. Particular attention is given to the reconstruction of the structure of the latter theory, presented in the general equilibrium version of Wicksell and Walras, and to the difficulties that this theory faces in treating capital as a productive factor. The second part is devoted to the determination of the general level of production in the two theoretical approaches. Particular attention is given to the reconstruction of the Keynesian Revolution, through a direct reading of some parts of Keynes’ General Theory, and the discussion of the elements that have favoured its reabsorption in the Neoclassical Synthesis. - Derived from 21201713-2 FONDAMENTI DI ECONOMIA POLITICA in Economia L-33 TRABUCCHI PAOLO	5	SECS-P/01	30	-	-	-	Core compulsory activities	ITA
21201713-1 - FONDAMENTI DI ECONOMIA POLITICA (objectives) The course aims to go to the foundations of the theories of value and distribution in order to provide students who already have a first knowledge of micro and macroeconomics with the means to orient themselves, on the one hand, in the comparison between the main theories of value and distribution (or 'micro' theory) and, on the other hand, in the understanding of the implications that these theories have with regard to the determination of the general level of production (or 'macro' theory).The course is divided into two parts. The first part is devoted to a comparison between the classical theory and the neoclassical (marginalist) theory of value and distribution. Particular attention is given to the reconstruction of the structure of the latter theory, presented in the general equilibrium version of Wicksell and Walras, and to the difficulties that this theory faces in treating capital as a productive factor. The second part is devoted to the determination of the general level of production in the two theoretical approaches. Particular attention is given to the reconstruction of the Keynesian Revolution, through a direct reading of some parts of Keynes’ General Theory, and the discussion of the elements that have favoured its reabsorption in the Neoclassical Synthesis. - Derived from 21201713-1 FONDAMENTI DI ECONOMIA POLITICA in Economia L-33 PALUMBO ANTONELLA	4	SECS-P/01	30	-	-	-	Core compulsory activities	ITA
21201465 - APPLIED ECONOMICS LABORATORY
21201465-1 - LABORATORIO DI ECONOMIA APPLICATA - CAUSI MARCO	5	SECS-P/01	30	-	-	-	Core compulsory activities	ITA
21201465-2 - LABORATORIO DI ECONOMIA APPLICATA - PALUMBO ANTONELLA	4	SECS-P/02	30	-	-	-	Core compulsory activities	ITA
21201506 - HISTORY OF ECONOMIC THEORY

Optional group: Altre Attività Formative - Un'attività a scelta tra: - (show)

SECOND YEAR

First semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21201408 - STATISTICAL METHODS FOR ECONOMETRICS (objectives)

- NACCARATO ALESSIA

SECS-S/01

Related or supplementary learning activities

ITA

21201439 - MACROECONOMICS - ADVANCED COURSE (objectives)

- TIRELLI MARIO (syllabus) (reference books)

SECS-P/01

Related or supplementary learning activities

ITA

Optional group: ESAME AZIENDALE 2 ANNO - UN INSEGNAMENTO A SCELTA TRA: - (show)

21201442 - BUSINESS II (ECONOMICS AND BUSINESS MANAGEMENT - ADVANCED COURSE) (objectives) The Business II Course (EGI CA) deals with the international business of companies operating in today's globalized contexts. After a brief introduction on macroeconomic dynamics that impact on international markets, the course focuses on the analysis of the companies, especially those of larger size, and their decision to go international in order to maximize their value. Today more than ever, companies are more likely to relocate the value chain activities in different parts of the world, this means a greater ability to seize new opportunities for value creation, but also greater attention to governance and management of intercultural barriers. Therefore, after having explained the reasons behind the internationalization process, the Course aims to: illustrate the issues that arise at the various stages of international development; to identify the key variables that influence it; and to identify the various methods and instruments through which the process of internationalization unfolds. Students at the end of the course will be able to: 1) To know and interpret the logic and actions of the actors involved in the international context; 2) To know and discuss the basic elements concerning the international development process; 3) To know and apply the basic tools for the analysis of the attractiveness of the Country to support managerial decisions; 4) To Analyze the competitive situation of the sector and select solutions for the approach to international markets in terms of strategies, methods and penetration of the target markets. - Derived from 21210118 ECONOMIA E GESTIONE DELLE IMPRESE - CORSO AVANZATO in Economia e Management LM-77 PRINCIPATO LUDOVICA, FAGGIONI FRANCESCA (syllabus) The Course will be divided into a theoretical and a practical part. In the first one the main business and economic theories that explain the internationalization processes as well as the models to evaluate the attractiveness of the Countries of destination will be discussed. In the second one, students will be involved in several case studies and a Case Analysis Challenge (Project Work in group of students). The Challenge will be presented at the beginning of the Course by a Company of primary importance in the Italian and international context. Details about the project work will be given in class. Course Outline: 1. Globalization of the markets and Global value Chains 2. The internationalization of companies: theories 3. Internationalization strategies 4. Start up and development of the internationalization process 5. Analysis of the attractiveness of international markets 6. Internationalization procedure 7. Elements of penetration of international markets through the levers of the Marketing Mix 8. The internationalization of goods 9. The internationalization of the value chain activities (production, research and development, sales, distribution) 10. The social responsibility of international companies (reference books) References:  UNCTAD – World Investment Report 2018 (pag. 1-61 e 125-177)  UNCTAD – World Investment Report 2013 (pag. 122-174)  Mihir A. Desai, The Decentering of the Global Firm, World Economy, 32, 2009, pp. 1271-1290  C. DEMATTE', F. PERRETTI, E. MARAFIOTI (a cura di), Strategie di Internazionalizzazione, Milano, EGEA, 2013.  The slides on the website of the course represents an integral part of the program For non-attending students and those who do not develop the PW, in addition to the reference texts, the following documents and articles are required: 1. Hofstede, G. (2011). Dimensionalizing Cultures: The Hofstede Model in Context. Online Readings in Psychology and Culture, 2(1). http://dx.doi.org/10.9707/2307-0919.1014 2. Center For Creative Leadership, (2014), Leader effectiveness and Culture: The Globe Study. https://gdl29.files.wordpress.com/2014/03/globestudy.pdf 3. OECD. (2015). Principles of Corporate Governance https://www.oecd.org/daf/ca/Corporate-Governance-Principles-ENG.pdf	9	SECS-P/08	60	-	-	-	Core compulsory activities	ITA
21201459 - BUSINESS STRATEGY (objectives) Course will provide participants to 1. Understand the strategic decisions that organizations make and have an ability to engage in strategic planning. 2. Explain the basic concepts, principles and practices associated with strategy formulation and implementation. 3. Integrate and apply knowledge gained in basic courses to the formulation and implementation of strategy. 4. Analyze and evaluate critically real life company situations and develop creative solutions, using a strategic management perspective. 5. Conduct and present a credible business analysis in a team setting. 6. Understand the crucially important role that the finance function plays in the setting and implementation of a strategy.
21201724 - BANK MANAGEMENT (objectives) Course Aims • to introduce basic concepts that relate to the traditional business of banking • to examine the recent trends and developments in domestic and international banking • to provide students with an understanding of banks’ accounts and financial ratios analysis • to examine the most important banking risks and their management • to construct coherent arguments concerning the need for financial regulation • to provide students with an understanding of the importance and role of technology and financial innovation for modern banks - Derived from 21201724 BANK MANAGEMENT in Finanza e impresa LM-16 (docente da definire)	9	SECS-P/11	60	-	-	-	Core compulsory activities	ENG
21201722 - RISK MANAGEMENT IN BANKING - Derived from 21201722 RISK MANAGEMENT IN BANKING in Finanza e impresa LM-16 (docente da definire)	9	SECS-P/11	60	-	-	-	Core compulsory activities	ENG

Optional group: ANALISI ECONOMICA - 2° anno - un insegnamento a scelta tra: - (show)

21210130 - Monetary theory, institutions and policy (objectives) The first module (30 hours) of the course aims to provide students with the tools needed to understand the functioning of monetary economy and the operative aspects of Central Bank monetary policies. It explains what money is, the debate on its origins, the different approaches to the determinants of the demand for money and its supply, monetary policy instruments and equilibrium in the assets markets. The lectures of this first module will be held in Italian. The second module (30 hours) concentrates on the relations between money, prices and outputs in the long and short run. It also analyses the debate on rules and discretion in monetary policies, the Taylor rule and the sustainability of public debt. These themes are developed according to both a traditional and heterodox approach. A knowledge of basic microeconomic and macroeconomic notions is a prerequisite for this second module. - Derived from 21210130 Monetary theory, institutions and policy in Scienze Economiche LM-56 LEVRERO ENRICO SERGIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201492 - PUBLIC ECONOMICS (objectives) The aim of the course is to provide advanced tools for the analysis of the tax shifting. To this purpose, the main kind of taxes will be investigated in different market structures (perfect competition, monopoly, monopolistic competition, oligopoly). The analysis is developed using both graphical and analytical tools. - Derived from 21201492 ECONOMIA PUBBLICA in Economia dell'ambiente e dello sviluppo LM-56 LIBERATI PAOLO	9	SECS-P/03	60	-	-	-	Core compulsory activities	ITA
21201417 - ADVANCED PUBLIC FINANCE
21201417-3 - FINANZA PUBBLICA - Derived from 21210108 FINANZA PUBBLICA in Finanza e impresa LM-16 (docente da definire)	6	SECS-P/03	40	-	-	-	Core compulsory activities	ITA
21201417-2 - FINANZA PUBBLICA - Derived from 21210108 FINANZA PUBBLICA in Finanza e impresa LM-16 (docente da definire)	3	SECS-P/03	20	-	-	-	Core compulsory activities	ITA
21201713 - Foundations of Political Economy (objectives) The course aims to go to the foundations of the theories of value and distribution in order to provide students who already have a first knowledge of micro and macroeconomics with the means to orient themselves, on the one hand, in the comparison between the main theories of value and distribution (or 'micro' theory) and, on the other hand, in the understanding of the implications that these theories have with regard to the determination of the general level of production (or 'macro' theory). The course is divided into two parts. The first part is devoted to a comparison between the classical theory and the neoclassical (marginalist) theory of value and distribution. Particular attention is given to the reconstruction of the structure of the latter theory, presented in the general equilibrium version of Wicksell and Walras, and to the difficulties that this theory faces in treating capital as a productive factor. The second part is devoted to the determination of the general level of production in the two theoretical approaches. Particular attention is given to the reconstruction of the Keynesian Revolution, through a direct reading of some parts of Keynes’ General Theory, and the discussion of the elements that have favoured its reabsorption in the Neoclassical Synthesis.
21201465 - APPLIED ECONOMICS LABORATORY (objectives) Acquisition of methodological and technical knowledge and development of professional skills in applied economics, through an educational program that alternates lectures, practical classes and thematic seminars with external experts; practical classes introduce to the statistical and information sources for applied economic analysis and train for data elaborations and reporting activities; seminars are addressed, year by year, to relevant topics for the Italian economy and allow to get in touch with applied professional economists working in the private sector and in public institutions; at the end of the training process students are required to draft a research report and to discuss it during the final examination.
21201711 - Employment, income distribution and growth - Derived from 21201711 OCCUPAZIONE, DISTRIBUZIONE E CRESCITA in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 STIRATI ANTONELLA (syllabus) The course consists of two modules of 30 hours each, the first of which is taught in English Module I - alternative theories of primary income distribution and employment - Harrod and Solow's growth models and demand-led growth - Technical change. employment and growth Module II - the impact of labour market reforms and macroeconomic policies: theory and empirical evidence - the interpretation of the changes in income distribution and their impact on employment and growth - Employment and wages in Italy During the course, data and results of empirical literature will be presented along with theoretical approaches. (reference books) Various papers and essays collected around four main subjects areas and available at the library. Upon request English alternatives to the Italian readings can be suggestd to foreign students. Below the detail: INTRODUCTORY: “Teorie del valore e della distribuzione – un confronto tra classici e neoclassici” di Fabio Petri, da pag. 87 a 116; e da pag. 249 a 305 “Appunti sulla teoria della distribuzione e del valore” di Garegnani e Palumbo, parte introduttiva, da pag. 1 a 3 “Unemployment, institutions and the living standard in the classical theory of wages” di Antonella Stirati, da pag. 42 a 66 “Emplyoment theory in the history of economic thought: an overview” di Antonella Stirati PART I PRODUCTIVITY EMPLOYMENT AND GROWTH: “Teorie dello sviluppo economico” di Terenzio Cozzi, da pag. 189 a 249 “Technical change, effective demand and emplyment” di Cesaratto, Serrano e Stirati da pag. 33 a 52 Lezioni sviluppo 2010-11 (fotocopie con tabelle di dati e grafici) “Equilibrio, distribuzione e crescita” di Kaldor, da pag. 219 a 246 “L’industria – rivista di economia politica” da pag. 45 a 53 “Potential GNP: its measurement and significance” di Okun “Puzzles, paradoxes, and regularities: cyclical and structural productivity in the United States (1950-2005)” di Jeon e Vernengo, da pag. 237 a 243 “L’approccio Kaldor-Verdoorn: una verifica empirica per il Centro-Nord e il Mezzogiorno d’Italia (anni 1951-2006)”, di Ferdinando Ofria, da pag. 179 a 203 “intervento alla discussione del seminario ASTRIL del 6/3/13” di Antonella Stirati PART II: INCOME DISTRIBUTION “La riduzione del prodotto che va al lavoro” di Antonella Stirati del 16 Novembre 2010 “Towards a sustainable recovery: the case for wage-led policies”, da pag. 161 a 186 “Wages, employment, distribution and growth” di Levrero e Stirati in Hein, Heise a Truger da pag. 93 a 114 “Il problema salariale in Italia” di Maurizio Zenezini, da pag. 2 a 31 PART III: LABOUR MARKET FLEXIBILITY AND EMPLOYMENT “Manuale di economia del lavoro”, capitolo 9 e 10 da pag. 215 a 249 “Are protective labor market institutions at the root of unemplOyment? A critical review of the evidence” di Howel, Baker, Glyn and Smchitt, da pag. 53 a 71 “Employment growth in Italy in the 1990s: institutional arrangements and market forces” di Brandolini, Casadio, Cipollone, Magnani, Rosolia e Torrini, da pag. 31 a 68 “La flessibilità del mercato del lavoro e il mito del conflitto tra generazioni” di Antonella Stirati, da pag. 181 a 191 “Oltre l’austerità” di Cesaratto e Pivetti, da pag. 133 a 144 (articolo di Antonella Stirati)	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201562 - ADVANCED ECONOMIC POLICY (objectives) The overall objective of Politica economica c.a. is to provide an in depth understanding of modern macroeconomic theory with strong emphasis on Business cycle and Stabilization policies. The course focuses mainly on Dynamic General Equilibrium macroeconomic models, starting from real business cycle models into which New Keynesian macroeconomic features are introduced. - Derived from 21201562 POLITICA ECONOMICA - CORSO AVANZATO in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 N0 GIULI FRANCESCO (syllabus) - Stylized Facts of the Business Cycle. Basic concepts and definitions - Business cycle theories from Keynes to Monetarism - Traditional keynesian stabilization policies and rule-based policies - The Lucas' island model and the role of expectations - The Real Business cycle theory and the money neutrality - The New Keynesian approach: the demand side and the monetary policy - Simulation of Dynamic Stochastic General Equilibrium (DSGE) models using Dynare for Matlab (reference books) Enrico Marchetti “Teorie del ciclo economico. Il dibattito moderno su instabilità e equilibrio”, Esculapio, 2009. Additional teaching material will be provided	9	SECS-P/02	60	-	-	-	Core compulsory activities	ITA
21201717 - MONETARY POLICY AND FINANCIAL MARKETS (objectives) 1. To analyse the major differences in financial systems over the world. 2. To understand the globalisation and convergence processes in financial systems. 3. To analyse some structural features and functions of fund channelling. The course is divided into three parts. In the first one the main models of monetary theory are examined, aiming at investigating the role and functioning of the demand and supply of money. The second part analyzes the objectives, instruments and transmission mechanisms of monetary policy, in the light of the main economic theories. The third part analyzes the interactions between the functioning of financial markets and the transmission mechanisms of monetary policy, focusing on the empirical cases of the financial crisis of 2007-2008 and its economic and monetary impact, the euro crisis in 2011 and the current volatility of the financial markets. - Derived from 21201717 POLITICA MONETARIA E MERCATI FINANZIARI in Scienze Economiche LM-56 N0 SCARANO GIOVANNI	9	SECS-P/02	60	-	-	-	Core compulsory activities	ITA
21201274 - HISTORY OF ECONOMIC THEORY (objectives) The course aims to present the main theories of value and distribution in their historical development. This should be understood in two senses. On the one hand, the course focuses on the reconstruction of the strictly analytical problems that have gradually arisen within the Classical and the Neoclassical (marginalist) theories of value and distribution in their traditional formulations. In this way students are offered the tools to look with greater awareness at the form in which those approaches present themselves today. On the other hand, the authors who will be considered in the course will be placed in their respective historical context, with a view to highlighting the nature of social science proper to political economy. In this regard, particular attention will be given to the drastic change of approach that took place in economic theory in the period immediately following Ricardo, and for which it seems difficult to find an explanation on exclusively analytical grounds.
21201274-1 - STORIA DEL PENSIERO ECONOMICO (objectives) The course aims to present the main theories of value and distribution in their historical development. This should be understood in two senses. On the one hand, the course focuses on the reconstruction of the strictly analytical problems that have gradually arisen within the Classical and the Neoclassical (marginalist) theories of value and distribution in their traditional formulations. In this way students are offered the tools to look with greater awareness at the form in which those approaches present themselves today. On the other hand, the authors who will be considered in the course will be placed in their respective historical context, with a view to highlighting the nature of social science proper to political economy. In this regard, particular attention will be given to the drastic change of approach that took place in economic theory in the period immediately following Ricardo, and for which it seems difficult to find an explanation on exclusively analytical grounds. - Derived from 21201506-1 STORIA DEL PENSIERO ECONOMICO in Economia L-33 CICCONE ROBERTO	5	SECS-P/04	30	-	-	-	Core compulsory activities	ITA
21201274-2 - STORIA DEL PENSIERO ECONOMICO (objectives) The course aims to present the main theories of value and distribution in their historical development. This should be understood in two senses. On the one hand, the course focuses on the reconstruction of the strictly analytical problems that have gradually arisen within the Classical and the Neoclassical (marginalist) theories of value and distribution in their traditional formulations. In this way students are offered the tools to look with greater awareness at the form in which those approaches present themselves today. On the other hand, the authors who will be considered in the course will be placed in their respective historical context, with a view to highlighting the nature of social science proper to political economy. In this regard, particular attention will be given to the drastic change of approach that took place in economic theory in the period immediately following Ricardo, and for which it seems difficult to find an explanation on exclusively analytical grounds. - Derived from 21201506-2 STORIA DEL PENSIERO ECONOMICO in Economia L-33 TRABUCCHI PAOLO	4	SECS-P/04	30	-	-	-	Core compulsory activities	ITA
21210002 - ECONOMIC GROWTH AND WELFARE SYSTEMS	9	SECS-P/02	60	-	-	-	Core compulsory activities	ENG
21210010 - TEORIA DEI GIOCHI (objectives) The course is a primer in game theory that aims to introduce students to the language and methods used to analyze static and dynamic games of complete and incomplete information. A special emphasis is posed on economic applications. Among the others, the course deals with problems concerning business strategies such as those related to the determination of sale prices and production/distribution quantities, strategies related to firm entry/exit and market positioning, bargaining, auction strategies and mechanisms, optimal policy, issues related to agents’ credibility and to the time-consistence/sustainability of their decisions. - Derived from 21210010 TEORIA DEI GIOCHI in Scienze Economiche LM-56 TIRELLI MARIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201712 - Applied Statistics (objectives) The course builds on the coherence of the topics and their contextualization with the educational objectives of the degree in question. The course in Applied Statistics aims at providing the necessary tools for designing, processing and analysing data on labour economics. The theoretical aspects will be accompanied by an applied part on real data and case studies coming from labour economics, industrial relations and welfare systems and from environmental economics. Various statistical software such as Minitab and Hugin will be used. The student will be taught not only to apply statistical techniques but also to choose the most appropriate technique and to comment on the output of the analysis helping them understand how statistics can be useful for decision-making. Students will be taught not only the theoretical aspect of the models but also the main application contexts and their use through appropriate statistical software. The course teaches students how to manage a statistical survey from its planning, to the analysis and to present a report commenting on the output of the data analysis. - Derived from 21201712 STATISTICA APPLICATA in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 MORTERA JULIA (syllabus) This graduate level course provides an introduction to the basic concepts of probability, common distributions, statistical methods, and data analysis. It is intended for graduate students who have one undergraduate statistics course. Upon completion of this course students will: - Appreciate and understand the role of statistics in their own field of study. - Develop an ability to apply appropriate statistical methods to summarize and analyse data for some of the more routine experimental settings. - Make sense of data and be able to report the results in appropriate table or statistical terms for inclusion in your thesis or paper. - Perform appropriate statistical techniques using Minitab and Hugin and interpret the results/outputs. Strengths of the course: Software: R, Minitab, Hugin Project work on a data set relative to your studies. Topics: - Introduction to sampling techniques; - Simple and multiple linear model; - Generalized linear models (logistic and linear-logistic models); - Analysis of variance (ANOVA); - Contingency tables and tests for Independence and Goodness-of-Fit; - Decision support methods. Decision trees. Bayesian networks and decision networks. Learning networks. Applications to real cases. -Methods for exploratory multivariate statistics such as factor analysis, cluster analysis. (reference books) Agresti A, Finlay B. (2007) Statistical Methods for the Social Sciences, Pearson College Div; 4th edition T. W. Anderson (2003) An Introduction to Multivariate Statistical Analysis, 3rd Edition. ISBN: 978-0-471-36091-9	9	SECS-S/01	60	-	-	-	Core compulsory activities	ITA

Second semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

Optional group: ESAME AZIENDALE 2 ANNO - UN INSEGNAMENTO A SCELTA TRA: - (show)

21201459 - BUSINESS STRATEGY (objectives) Course will provide participants to 1. Understand the strategic decisions that organizations make and have an ability to engage in strategic planning. 2. Explain the basic concepts, principles and practices associated with strategy formulation and implementation. 3. Integrate and apply knowledge gained in basic courses to the formulation and implementation of strategy. 4. Analyze and evaluate critically real life company situations and develop creative solutions, using a strategic management perspective. 5. Conduct and present a credible business analysis in a team setting. 6. Understand the crucially important role that the finance function plays in the setting and implementation of a strategy.
21201459-2 - STRATEGIA D'IMPRESA - Derived from 21201459-2 STRATEGIA D'IMPRESA in Economia e Management LM-77 (docente da definire)	4,5	SECS-P/08	30	-	-	-	Core compulsory activities	ITA
21201459-1 - STRATEGIA D'IMPRESA - Derived from 21201459-1 STRATEGIA D'IMPRESA in Economia e Management LM-77 (docente da definire)	4,5	SECS-P/08	30	-	-	-	Core compulsory activities	ITA

Optional group: ANALISI ECONOMICA - 2° anno - un insegnamento a scelta tra: - (show)

21201503 - INTERNATIONAL ECONOMICS (objectives) The aim of the course is to present the main themes of international monetary macroeconomics. The course starts by laying out the way in which international relations are recorded in national accounts and balance of payments. In this way the course provides a framework for understanding the consequences for a country of running large current account surpluses or deficits. The course then focuses on different theories of the determination of the exchange rates. It also discusses the effects on the real economy and on the price levels of the commercial and financial relations of a country with the rest of the world. The institutional set-up of the euro area will be presented in relation to the theories considered, emphasizing Its peculiarities with respect to the theoretical debates about the alternative between fixed and flexible exchange rates and about the question of the optimal currency areas. All the topics will be analyzed trying to highlight the differences underlying the main theoretical models. The main official documents and economic reports published by national and international institutions on our country's international relations will also be analyzed. The material covered is not mathematically complex, but it is taught in a formal and rigorous manner, which assumes a good familiarity with basic economic concepts. - Derived from 21201503 ECONOMIA INTERNAZIONALE in Economia L-33 TREZZINI ATTILIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201457 - INDUSTRIAL ECONOMICS - ADVANCED COURSE (objectives) The aim of the course is twofold. The analytical models of the main problems of industrial economics, with a particular focus on the strategic interaction between firms, are the core of the first module of the course. The second module aims to provide students with the notions for a thorough analysis of the Italian productive system, taking into consideration issues related to firms’ organization and performance together with a close look at the specific industries’ main competitiveness indicators - Derived from 21210082 ECONOMIA INDUSTRIALE - CORSO AVANZATO in Economia e Management LM-77 (docente da definire)	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201417 - ADVANCED PUBLIC FINANCE
21201713 - Foundations of Political Economy (objectives) The course aims to go to the foundations of the theories of value and distribution in order to provide students who already have a first knowledge of micro and macroeconomics with the means to orient themselves, on the one hand, in the comparison between the main theories of value and distribution (or 'micro' theory) and, on the other hand, in the understanding of the implications that these theories have with regard to the determination of the general level of production (or 'macro' theory). The course is divided into two parts. The first part is devoted to a comparison between the classical theory and the neoclassical (marginalist) theory of value and distribution. Particular attention is given to the reconstruction of the structure of the latter theory, presented in the general equilibrium version of Wicksell and Walras, and to the difficulties that this theory faces in treating capital as a productive factor. The second part is devoted to the determination of the general level of production in the two theoretical approaches. Particular attention is given to the reconstruction of the Keynesian Revolution, through a direct reading of some parts of Keynes’ General Theory, and the discussion of the elements that have favoured its reabsorption in the Neoclassical Synthesis.
21201713-1 - FONDAMENTI DI ECONOMIA POLITICA (objectives) The course aims to go to the foundations of the theories of value and distribution in order to provide students who already have a first knowledge of micro and macroeconomics with the means to orient themselves, on the one hand, in the comparison between the main theories of value and distribution (or 'micro' theory) and, on the other hand, in the understanding of the implications that these theories have with regard to the determination of the general level of production (or 'macro' theory).The course is divided into two parts. The first part is devoted to a comparison between the classical theory and the neoclassical (marginalist) theory of value and distribution. Particular attention is given to the reconstruction of the structure of the latter theory, presented in the general equilibrium version of Wicksell and Walras, and to the difficulties that this theory faces in treating capital as a productive factor. The second part is devoted to the determination of the general level of production in the two theoretical approaches. Particular attention is given to the reconstruction of the Keynesian Revolution, through a direct reading of some parts of Keynes’ General Theory, and the discussion of the elements that have favoured its reabsorption in the Neoclassical Synthesis. - Derived from 21201713-1 FONDAMENTI DI ECONOMIA POLITICA in Economia L-33 PALUMBO ANTONELLA	5	SECS-P/01	30	-	-	-	Core compulsory activities	ITA
21201713-2 - FONDAMENTI DI ECONOMIA POLITICA (objectives) The course aims to go to the foundations of the theories of value and distribution in order to provide students who already have a first knowledge of micro and macroeconomics with the means to orient themselves, on the one hand, in the comparison between the main theories of value and distribution (or 'micro' theory) and, on the other hand, in the understanding of the implications that these theories have with regard to the determination of the general level of production (or 'macro' theory).The course is divided into two parts. The first part is devoted to a comparison between the classical theory and the neoclassical (marginalist) theory of value and distribution. Particular attention is given to the reconstruction of the structure of the latter theory, presented in the general equilibrium version of Wicksell and Walras, and to the difficulties that this theory faces in treating capital as a productive factor. The second part is devoted to the determination of the general level of production in the two theoretical approaches. Particular attention is given to the reconstruction of the Keynesian Revolution, through a direct reading of some parts of Keynes’ General Theory, and the discussion of the elements that have favoured its reabsorption in the Neoclassical Synthesis. - Derived from 21201713-2 FONDAMENTI DI ECONOMIA POLITICA in Economia L-33 TRABUCCHI PAOLO	4	SECS-P/01	30	-	-	-	Core compulsory activities	ITA
21201465 - APPLIED ECONOMICS LABORATORY (objectives) Acquisition of methodological and technical knowledge and development of professional skills in applied economics, through an educational program that alternates lectures, practical classes and thematic seminars with external experts; practical classes introduce to the statistical and information sources for applied economic analysis and train for data elaborations and reporting activities; seminars are addressed, year by year, to relevant topics for the Italian economy and allow to get in touch with applied professional economists working in the private sector and in public institutions; at the end of the training process students are required to draft a research report and to discuss it during the final examination.
21201465-2 - LABORATORIO DI ECONOMIA APPLICATA (objectives) Acquisition of methodological and technical knowledge and development of professional skills in applied economics, through an educational program that alternates lectures, practical classes and thematic seminars with external experts; practical classes introduce to the statistical and information sources for applied economic analysis and train for data elaborations and reporting activities; seminars are addressed, year by year, to relevant topics for the Italian economy and allow to get in touch with applied professional economists working in the private sector and in public institutions; at the end of the training process students are required to draft a research report and to discuss it during the final examination. - Derived from 21201465-2 LABORATORIO DI ECONOMIA APPLICATA in Scienze Economiche LM-56 N0 PALUMBO ANTONELLA	5	SECS-P/02	30	-	-	-	Core compulsory activities	ITA
21201465-1 - LABORATORIO DI ECONOMIA APPLICATA (objectives) Acquisition of methodological and technical knowledge and development of professional skills in applied economics, through an educational program that alternates lectures, practical classes and thematic seminars with external experts; practical classes introduce to the statistical and information sources for applied economic analysis and train for data elaborations and reporting activities; seminars are addressed, year by year, to relevant topics for the Italian economy and allow to get in touch with applied professional economists working in the private sector and in public institutions; at the end of the training process students are required to draft a research report and to discuss it during the final examination. - Derived from 21201465-1 LABORATORIO DI ECONOMIA APPLICATA in Scienze Economiche LM-56 N0 CAUSI MARCO	4	SECS-P/01	30	-	-	-	Core compulsory activities	ITA
21201274 - HISTORY OF ECONOMIC THEORY (objectives) The course aims to present the main theories of value and distribution in their historical development. This should be understood in two senses. On the one hand, the course focuses on the reconstruction of the strictly analytical problems that have gradually arisen within the Classical and the Neoclassical (marginalist) theories of value and distribution in their traditional formulations. In this way students are offered the tools to look with greater awareness at the form in which those approaches present themselves today. On the other hand, the authors who will be considered in the course will be placed in their respective historical context, with a view to highlighting the nature of social science proper to political economy. In this regard, particular attention will be given to the drastic change of approach that took place in economic theory in the period immediately following Ricardo, and for which it seems difficult to find an explanation on exclusively analytical grounds.

21210000 - A SCELTA STUDENTE

Elective activities

ITA

21201473 - FINAL EXAM

150

Final examination and foreign language test

ITA

MERCATI, SETTORI E ISTITUZIONI

FIRST YEAR

First semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21201711 - Employment, income distribution and growth (objectives)

- Derived from 21201711 OCCUPAZIONE, DISTRIBUZIONE E CRESCITA in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 STIRATI ANTONELLA (syllabus) (reference books)

SECS-P/01

Core compulsory activities

ITA

Optional group: MERCATI, SETTORI E ISTITUZIONI 1 ANNO - Un insegnamento a scelta tra: - (show)

Optional group: Mercati, settori e istituzioni - 1°anno - un insegnamento a scelta tra: - (show)

21201440 - PUBLIC ECONOMIC LAW AND ELEMENTS OF PUBLIC BUSINESS ADMINISTRATION (objectives) The purposes of this Course are mainly two. Firstly, the Course aims to illustrate the “business dimension” of public administrations, respecting the interdisciplinary connections, so as to introduce the learner to the Economy of companies and public administrations, understood as autonomous and organic discipline of the business economy. Secondly, the Course aims to offer the students the knowledge of the forms of public intervention in the economy in their historical development and according to a legal approach, with particular attention to the role of the so-called Administrative Independent Agencies in Italian and comparative law.
21201440-2 - DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA 2 (objectives) The purposes of this Course are mainly two. Firstly, the Course aims to illustrate the “business dimension” of public administrations, respecting the interdisciplinary connections, so as to introduce the learner to the Economy of companies and public administrations, understood as autonomous and organic discipline of the business economy. Secondly, the Course aims to offer the students the knowledge of the forms of public intervention in the economy in their historical development and according to a legal approach, with particular attention to the role of the so-called Administrative Independent Agencies in Italian and comparative law. - Derived from 21201440-2 DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA 2 in Scienze Economiche LM-56 N0 GRANDIS FABIO GIULIO	3	SECS-P/07	20	-	-	-	Core compulsory activities	ITA
21201440-1 - DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA - Derived from 21201440-1 DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA in Scienze Economiche LM-56 N0 PIERGIGLI VALERIA	6	IUS/05	40	-	-	-	Core compulsory activities	ITA
21210148 - DIRITTO E FINANZA DELLA TUTELA DEL RISPARMIO

Optional group: Mercati, settori e istituzioni - 1° anno - un insegnamento a scelta tra: - (show)

21210130 - Monetary theory, institutions and policy (objectives) The first module (30 hours) of the course aims to provide students with the tools needed to understand the functioning of monetary economy and the operative aspects of Central Bank monetary policies. It explains what money is, the debate on its origins, the different approaches to the determinants of the demand for money and its supply, monetary policy instruments and equilibrium in the assets markets. The lectures of this first module will be held in Italian. The second module (30 hours) concentrates on the relations between money, prices and outputs in the long and short run. It also analyses the debate on rules and discretion in monetary policies, the Taylor rule and the sustainability of public debt. These themes are developed according to both a traditional and heterodox approach. A knowledge of basic microeconomic and macroeconomic notions is a prerequisite for this second module. - Derived from 21210130 Monetary theory, institutions and policy in Scienze Economiche LM-56 LEVRERO ENRICO SERGIO	9	SECS-P/01	-	-	-	-	Core compulsory activities	ITA
21201562 - ADVANCED ECONOMIC POLICY (objectives) The overall objective of Politica economica c.a. is to provide an in depth understanding of modern macroeconomic theory with strong emphasis on Business cycle and Stabilization policies. The course focuses mainly on Dynamic General Equilibrium macroeconomic models, starting from real business cycle models into which New Keynesian macroeconomic features are introduced. - Derived from 21201562 POLITICA ECONOMICA - CORSO AVANZATO in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 N0 GIULI FRANCESCO (syllabus) - Stylized Facts of the Business Cycle. Basic concepts and definitions - Business cycle theories from Keynes to Monetarism - Traditional keynesian stabilization policies and rule-based policies - The Lucas' island model and the role of expectations - The Real Business cycle theory and the money neutrality - The New Keynesian approach: the demand side and the monetary policy - Simulation of Dynamic Stochastic General Equilibrium (DSGE) models using Dynare for Matlab (reference books) Enrico Marchetti “Teorie del ciclo economico. Il dibattito moderno su instabilità e equilibrio”, Esculapio, 2009. Additional teaching material will be provided	9	SECS-P/02	60	-	-	-	Core compulsory activities	ITA
21201439 - MACROECONOMICS - ADVANCED COURSE (objectives) The course offers an introduction to theories, models and methods currently used to analyze macroeconomic dynamics. The main focus is on long-run dynamics and growth, but the course deals also with traditional topics such as consumption, investment, saving, money and credit. Discussion will mostly concern post-II World War theories. Among these, it deals with Solow and Ramsey-Cass-Koopmans exogenous growth theories, as well as the more recent endogenous growth theories. Methodologically, the course makes an intensive used of deterministic, general equilibrium models in discrete time. Topics and methods are considered essential references and tools by most institutions actually involved in macroeconomic analysis (e.g. central banks, institutes analyzing business cycles, supervisory boards and authorities, commercial banks). Further they form an essential prerequisite for more advanced coursed in macroeconomics and economic policy and to pursue graduate studies. - Derived from 21201439 MACROECONOMIA - CORSO AVANZATO in Scienze Economiche LM-56 N0 TIRELLI MARIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA

Second semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21210144 - Advanced Political Economy

- Advanced Political Economy - I Mod.

- FRATINI SAVERIO MARIA (syllabus) (reference books)

SECS-P/01

Core compulsory activities

ITA

- Advanced Political Economy - II Mod.

- CICCONE ROBERTO (syllabus) (reference books)

SECS-P/01

Core compulsory activities

ITA

21201465 - APPLIED ECONOMICS LABORATORY (objectives)

21201465-2 - LABORATORIO DI ECONOMIA APPLICATA (objectives)

- Derived from 21201465-2 LABORATORIO DI ECONOMIA APPLICATA in Scienze Economiche LM-56 N0 PALUMBO ANTONELLA

SECS-P/02

Core compulsory activities

ITA

21201465-1 - LABORATORIO DI ECONOMIA APPLICATA (objectives)

- Derived from 21201465-1 LABORATORIO DI ECONOMIA APPLICATA in Scienze Economiche LM-56 N0 CAUSI MARCO

SECS-P/01

Core compulsory activities

ITA

Optional group: MERCATI, SETTORI E ISTITUZIONI 1 ANNO - Un insegnamento a scelta tra: - (show)

21201503 - INTERNATIONAL ECONOMICS (objectives)

- Derived from 21201503 ECONOMIA INTERNAZIONALE in Economia L-33 TREZZINI ATTILIO

SECS-P/01

Related or supplementary learning activities

ITA

Optional group: Mercati, settori e istituzioni - 1°anno - un insegnamento a scelta tra: - (show)

Optional group: Mercati, settori e istituzioni - 1° anno - un insegnamento a scelta tra: - (show)

21201457 - INDUSTRIAL ECONOMICS - ADVANCED COURSE (objectives) The aim of the course is twofold. The analytical models of the main problems of industrial economics, with a particular focus on the strategic interaction between firms, are the core of the first module of the course. The second module aims to provide students with the notions for a thorough analysis of the Italian productive system, taking into consideration issues related to firms’ organization and performance together with a close look at the specific industries’ main competitiveness indicators - Derived from 21210082 ECONOMIA INDUSTRIALE - CORSO AVANZATO in Economia Aziendale LM-77 (docente da definire)	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201503 - INTERNATIONAL ECONOMICS (objectives) The aim of the course is to present the main themes of international monetary macroeconomics. The course starts by laying out the way in which international relations are recorded in national accounts and balance of payments. In this way the course provides a framework for understanding the consequences for a country of running large current account surpluses or deficits. The course then focuses on different theories of the determination of the exchange rates. It also discusses the effects on the real economy and on the price levels of the commercial and financial relations of a country with the rest of the world. The institutional set-up of the euro area will be presented in relation to the theories considered, emphasizing Its peculiarities with respect to the theoretical debates about the alternative between fixed and flexible exchange rates and about the question of the optimal currency areas. All the topics will be analyzed trying to highlight the differences underlying the main theoretical models. The main official documents and economic reports published by national and international institutions on our country's international relations will also be analyzed. The material covered is not mathematically complex, but it is taught in a formal and rigorous manner, which assumes a good familiarity with basic economic concepts. - Derived from 21201503 ECONOMIA INTERNAZIONALE in Economia L-33 TREZZINI ATTILIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201438 - MICROECONOMICS - ADVANCED COURSE (objectives) The objective of this course is to provide a thorough knowledge of the analytical methods and the recent theoretical developments in microeconomics. At the end of this course a student will be able to understand the microeconomic foundations of recent macroeconomic theory; to handle the analytical tools needed for static optimization; to apply theoretical methods in empirical studies; to acquire the analytical tools needed for further studies in more specialized fields of economics. - Derived from 21201438 MICROECONOMIA - CORSO AVANZATO in Scienze Economiche LM-56 N0 BLOISE GAETANO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA

Optional group: Altre Attività Formative - Un'attività a scelta tra: - (show)

SECOND YEAR

First semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21201408 - STATISTICAL METHODS FOR ECONOMETRICS (objectives)

- NACCARATO ALESSIA

SECS-S/01

Core compulsory activities

ITA

Optional group: ESAME AZIENDALE 2 ANNO - UN INSEGNAMENTO A SCELTA TRA: - (show)

21201442 - BUSINESS II (ECONOMICS AND BUSINESS MANAGEMENT - ADVANCED COURSE) (objectives) The Business II Course (EGI CA) deals with the international business of companies operating in today's globalized contexts. After a brief introduction on macroeconomic dynamics that impact on international markets, the course focuses on the analysis of the companies, especially those of larger size, and their decision to go international in order to maximize their value. Today more than ever, companies are more likely to relocate the value chain activities in different parts of the world, this means a greater ability to seize new opportunities for value creation, but also greater attention to governance and management of intercultural barriers. Therefore, after having explained the reasons behind the internationalization process, the Course aims to: illustrate the issues that arise at the various stages of international development; to identify the key variables that influence it; and to identify the various methods and instruments through which the process of internationalization unfolds. Students at the end of the course will be able to: 1) To know and interpret the logic and actions of the actors involved in the international context; 2) To know and discuss the basic elements concerning the international development process; 3) To know and apply the basic tools for the analysis of the attractiveness of the Country to support managerial decisions; 4) To Analyze the competitive situation of the sector and select solutions for the approach to international markets in terms of strategies, methods and penetration of the target markets. - Derived from 21210118 ECONOMIA E GESTIONE DELLE IMPRESE - CORSO AVANZATO in Economia e Management LM-77 PRINCIPATO LUDOVICA, FAGGIONI FRANCESCA (syllabus) The Course will be divided into a theoretical and a practical part. In the first one the main business and economic theories that explain the internationalization processes as well as the models to evaluate the attractiveness of the Countries of destination will be discussed. In the second one, students will be involved in several case studies and a Case Analysis Challenge (Project Work in group of students). The Challenge will be presented at the beginning of the Course by a Company of primary importance in the Italian and international context. Details about the project work will be given in class. Course Outline: 1. Globalization of the markets and Global value Chains 2. The internationalization of companies: theories 3. Internationalization strategies 4. Start up and development of the internationalization process 5. Analysis of the attractiveness of international markets 6. Internationalization procedure 7. Elements of penetration of international markets through the levers of the Marketing Mix 8. The internationalization of goods 9. The internationalization of the value chain activities (production, research and development, sales, distribution) 10. The social responsibility of international companies (reference books) References:  UNCTAD – World Investment Report 2018 (pag. 1-61 e 125-177)  UNCTAD – World Investment Report 2013 (pag. 122-174)  Mihir A. Desai, The Decentering of the Global Firm, World Economy, 32, 2009, pp. 1271-1290  C. DEMATTE', F. PERRETTI, E. MARAFIOTI (a cura di), Strategie di Internazionalizzazione, Milano, EGEA, 2013.  The slides on the website of the course represents an integral part of the program For non-attending students and those who do not develop the PW, in addition to the reference texts, the following documents and articles are required: 1. Hofstede, G. (2011). Dimensionalizing Cultures: The Hofstede Model in Context. Online Readings in Psychology and Culture, 2(1). http://dx.doi.org/10.9707/2307-0919.1014 2. Center For Creative Leadership, (2014), Leader effectiveness and Culture: The Globe Study. https://gdl29.files.wordpress.com/2014/03/globestudy.pdf 3. OECD. (2015). Principles of Corporate Governance https://www.oecd.org/daf/ca/Corporate-Governance-Principles-ENG.pdf	9	SECS-P/08	60	-	-	-	Core compulsory activities	ITA
21201459 - BUSINESS STRATEGY (objectives) Course will provide participants to 1. Understand the strategic decisions that organizations make and have an ability to engage in strategic planning. 2. Explain the basic concepts, principles and practices associated with strategy formulation and implementation. 3. Integrate and apply knowledge gained in basic courses to the formulation and implementation of strategy. 4. Analyze and evaluate critically real life company situations and develop creative solutions, using a strategic management perspective. 5. Conduct and present a credible business analysis in a team setting. 6. Understand the crucially important role that the finance function plays in the setting and implementation of a strategy.
21201724 - BANK MANAGEMENT (objectives) Course Aims • to introduce basic concepts that relate to the traditional business of banking • to examine the recent trends and developments in domestic and international banking • to provide students with an understanding of banks’ accounts and financial ratios analysis • to examine the most important banking risks and their management • to construct coherent arguments concerning the need for financial regulation • to provide students with an understanding of the importance and role of technology and financial innovation for modern banks - Derived from 21201724 BANK MANAGEMENT in Finanza e impresa LM-16 (docente da definire)	9	SECS-P/11	60	-	-	-	Core compulsory activities	ENG
21201722 - RISK MANAGEMENT IN BANKING - Derived from 21201722 RISK MANAGEMENT IN BANKING in Finanza e impresa LM-16 (docente da definire)	9	SECS-P/11	60	-	-	-	Core compulsory activities	ENG

Optional group: MERCATI, SETTORI E ISTITUZIONI 2 ANNO - Un insegnamento a scelta tra: - (show)

21210130 - Monetary theory, institutions and policy (objectives) The first module (30 hours) of the course aims to provide students with the tools needed to understand the functioning of monetary economy and the operative aspects of Central Bank monetary policies. It explains what money is, the debate on its origins, the different approaches to the determinants of the demand for money and its supply, monetary policy instruments and equilibrium in the assets markets. The lectures of this first module will be held in Italian. The second module (30 hours) concentrates on the relations between money, prices and outputs in the long and short run. It also analyses the debate on rules and discretion in monetary policies, the Taylor rule and the sustainability of public debt. These themes are developed according to both a traditional and heterodox approach. A knowledge of basic microeconomic and macroeconomic notions is a prerequisite for this second module. - Derived from 21210130 Monetary theory, institutions and policy in Scienze Economiche LM-56 LEVRERO ENRICO SERGIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201562 - ADVANCED ECONOMIC POLICY (objectives) The overall objective of Politica economica c.a. is to provide an in depth understanding of modern macroeconomic theory with strong emphasis on Business cycle and Stabilization policies. The course focuses mainly on Dynamic General Equilibrium macroeconomic models, starting from real business cycle models into which New Keynesian macroeconomic features are introduced. - Derived from 21201562 POLITICA ECONOMICA - CORSO AVANZATO in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 N0 GIULI FRANCESCO (syllabus) - Stylized Facts of the Business Cycle. Basic concepts and definitions - Business cycle theories from Keynes to Monetarism - Traditional keynesian stabilization policies and rule-based policies - The Lucas' island model and the role of expectations - The Real Business cycle theory and the money neutrality - The New Keynesian approach: the demand side and the monetary policy - Simulation of Dynamic Stochastic General Equilibrium (DSGE) models using Dynare for Matlab (reference books) Enrico Marchetti “Teorie del ciclo economico. Il dibattito moderno su instabilità e equilibrio”, Esculapio, 2009. Additional teaching material will be provided	9	SECS-P/02	60	-	-	-	Core compulsory activities	ITA
21201439 - MACROECONOMICS - ADVANCED COURSE (objectives) The course offers an introduction to theories, models and methods currently used to analyze macroeconomic dynamics. The main focus is on long-run dynamics and growth, but the course deals also with traditional topics such as consumption, investment, saving, money and credit. Discussion will mostly concern post-II World War theories. Among these, it deals with Solow and Ramsey-Cass-Koopmans exogenous growth theories, as well as the more recent endogenous growth theories. Methodologically, the course makes an intensive used of deterministic, general equilibrium models in discrete time. Topics and methods are considered essential references and tools by most institutions actually involved in macroeconomic analysis (e.g. central banks, institutes analyzing business cycles, supervisory boards and authorities, commercial banks). Further they form an essential prerequisite for more advanced coursed in macroeconomics and economic policy and to pursue graduate studies. - Derived from 21201439 MACROECONOMIA - CORSO AVANZATO in Scienze Economiche LM-56 N0 TIRELLI MARIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21210010 - TEORIA DEI GIOCHI (objectives) The course is a primer in game theory that aims to introduce students to the language and methods used to analyze static and dynamic games of complete and incomplete information. A special emphasis is posed on economic applications. Among the others, the course deals with problems concerning business strategies such as those related to the determination of sale prices and production/distribution quantities, strategies related to firm entry/exit and market positioning, bargaining, auction strategies and mechanisms, optimal policy, issues related to agents’ credibility and to the time-consistence/sustainability of their decisions. - Derived from 21210010 TEORIA DEI GIOCHI in Scienze Economiche LM-56 TIRELLI MARIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA

Optional group: Mercati, settori e istituzioni - 2° anno - un insegnamento a scelta tra: - (show)

21210002 - ECONOMIC GROWTH AND WELFARE SYSTEMS	9	SECS-P/02	60	-	-	-	Related or supplementary learning activities	ITA
21201717 - MONETARY POLICY AND FINANCIAL MARKETS (objectives) 1. To analyse the major differences in financial systems over the world. 2. To understand the globalisation and convergence processes in financial systems. 3. To analyse some structural features and functions of fund channelling. The course is divided into three parts. In the first one the main models of monetary theory are examined, aiming at investigating the role and functioning of the demand and supply of money. The second part analyzes the objectives, instruments and transmission mechanisms of monetary policy, in the light of the main economic theories. The third part analyzes the interactions between the functioning of financial markets and the transmission mechanisms of monetary policy, focusing on the empirical cases of the financial crisis of 2007-2008 and its economic and monetary impact, the euro crisis in 2011 and the current volatility of the financial markets. - Derived from 21201717 POLITICA MONETARIA E MERCATI FINANZIARI in Scienze Economiche LM-56 N0 SCARANO GIOVANNI	9	SECS-P/02	60	-	-	-	Related or supplementary learning activities	ITA
21201492 - PUBLIC ECONOMICS (objectives) The aim of the course is to provide advanced tools for the analysis of the tax shifting. To this purpose, the main kind of taxes will be investigated in different market structures (perfect competition, monopoly, monopolistic competition, oligopoly). The analysis is developed using both graphical and analytical tools. - Derived from 21201492 ECONOMIA PUBBLICA in Economia dell'ambiente e dello sviluppo LM-56 LIBERATI PAOLO	9	SECS-P/03	60	-	-	-	Related or supplementary learning activities	ITA
21201417 - ADVANCED PUBLIC FINANCE
21201417-2 - FINANZA PUBBLICA - Derived from 21210108 FINANZA PUBBLICA in Finanza e impresa LM-16	3	SECS-P/03	20	-	-	-	Related or supplementary learning activities	ITA
21201417-3 - FINANZA PUBBLICA - Derived from 21210108 FINANZA PUBBLICA in Finanza e impresa LM-16	6	SECS-P/03	40	-	-	-	Related or supplementary learning activities	ITA
21210005 - ECONOMIA DELLO SVILUPPO - Derived from 21210129 Development economics in Economia dell'ambiente e dello sviluppo LM-56 MONNI SALVATORE,	9	SECS-P/02	60	-	-	-	Related or supplementary learning activities	ITA
21201550 - ECONOMICS AND FINANCE OF SMALL AND MEDIUM BUSINESS (objectives) The course analyzes economic and financial characteristics of small and medium sized firms (SMEs) and compares them with those of large firms. In detail, the course aims at: 1) defining the concept of SMEs in Italy and abroad with a focus on the birth and development of industrial districts 2) analyzing the contribution of SMEs to the growth of Italian economy 3) identifying the economic and financial peculiarities of SMEs 4) extending to SMEs the traditional theories of corporate finance and adjusting these theories if required 5) explaining the financial decision making of SMEs in terms of investment choices, capital structure choices and risk
21201550-1 - ECONOMIA E FINANZA NELLE PMI (objectives) The course analyzes economic and financial characteristics of small and medium sized firms (SMEs) and compares them with those of large firms. In detail, the course aims at: 1) defining the concept of SMEs in Italy and abroad with a focus on the birth and development of industrial districts 2) analyzing the contribution of SMEs to the growth of Italian economy 3) identifying the economic and financial peculiarities of SMEs 4) extending to SMEs the traditional theories of corporate finance and adjusting these theories if required 5) explaining the financial decision making of SMEs in terms of investment choices, capital structure choices and risk	5	SECS-P/09	30	-	-	-	Related or supplementary learning activities	ITA
21201550-2 - ECONOMIA E FINANZA NELLE PMI (objectives) The course analyzes economic and financial characteristics of small and medium sized firms (SMEs) and compares them with those of large firms. In detail, the course aims at: 1) defining the concept of SMEs in Italy and abroad with a focus on the birth and development of industrial districts 2) analyzing the contribution of SMEs to the growth of Italian economy 3) identifying the economic and financial peculiarities of SMEs 4) extending to SMEs the traditional theories of corporate finance and adjusting these theories if required 5) explaining the financial decision making of SMEs in terms of investment choices, capital structure choices and risk	3	SECS-P/01	20	-	-	-	Related or supplementary learning activities	ITA
21201550-3 - ECONOMIA E FINANZA NELLE PMI (objectives) The course analyzes economic and financial characteristics of small and medium sized firms (SMEs) and compares them with those of large firms. In detail, the course aims at: 1) defining the concept of SMEs in Italy and abroad with a focus on the birth and development of industrial districts 2) analyzing the contribution of SMEs to the growth of Italian economy 3) identifying the economic and financial peculiarities of SMEs 4) extending to SMEs the traditional theories of corporate finance and adjusting these theories if required 5) explaining the financial decision making of SMEs in terms of investment choices, capital structure choices and risk	1	SECS-P/01	10	-	-	-	Related or supplementary learning activities	ITA
21201569 - HISTORY OF LABOUR AND INDUSTRIAL RELATIONS (objectives) The aim of this course is to develop a critical interpretation of the transformations, between 19th and 20th century, of the labor organization, social conflicts, industrial relations, social security and welfare policies, with particular reference to the Italian case.
21201463 - HISTORY OF ENTERPRISE (objectives) The aim of this course is to help students acquire concepts and methodologies with which to trace the evolution and progress of the modern company as a paradigm of the development of the various forms of capitalism in existence today. Our analysis of business history will aim to provide the instruments necessary to understand the current phase in Italy’s economic development.
21201274 - HISTORY OF ECONOMIC THEORY (objectives) The course aims to present the main theories of value and distribution in their historical development. This should be understood in two senses. On the one hand, the course focuses on the reconstruction of the strictly analytical problems that have gradually arisen within the Classical and the Neoclassical (marginalist) theories of value and distribution in their traditional formulations. In this way students are offered the tools to look with greater awareness at the form in which those approaches present themselves today. On the other hand, the authors who will be considered in the course will be placed in their respective historical context, with a view to highlighting the nature of social science proper to political economy. In this regard, particular attention will be given to the drastic change of approach that took place in economic theory in the period immediately following Ricardo, and for which it seems difficult to find an explanation on exclusively analytical grounds.
21201274-2 - STORIA DEL PENSIERO ECONOMICO (objectives) The course aims to present the main theories of value and distribution in their historical development. This should be understood in two senses. On the one hand, the course focuses on the reconstruction of the strictly analytical problems that have gradually arisen within the Classical and the Neoclassical (marginalist) theories of value and distribution in their traditional formulations. In this way students are offered the tools to look with greater awareness at the form in which those approaches present themselves today. On the other hand, the authors who will be considered in the course will be placed in their respective historical context, with a view to highlighting the nature of social science proper to political economy. In this regard, particular attention will be given to the drastic change of approach that took place in economic theory in the period immediately following Ricardo, and for which it seems difficult to find an explanation on exclusively analytical grounds. - Derived from 21201506-2 STORIA DEL PENSIERO ECONOMICO in Economia L-33 TRABUCCHI PAOLO	4	SECS-P/04	30	-	-	-	Related or supplementary learning activities	ITA
21201274-1 - STORIA DEL PENSIERO ECONOMICO (objectives) The course aims to present the main theories of value and distribution in their historical development. This should be understood in two senses. On the one hand, the course focuses on the reconstruction of the strictly analytical problems that have gradually arisen within the Classical and the Neoclassical (marginalist) theories of value and distribution in their traditional formulations. In this way students are offered the tools to look with greater awareness at the form in which those approaches present themselves today. On the other hand, the authors who will be considered in the course will be placed in their respective historical context, with a view to highlighting the nature of social science proper to political economy. In this regard, particular attention will be given to the drastic change of approach that took place in economic theory in the period immediately following Ricardo, and for which it seems difficult to find an explanation on exclusively analytical grounds. - Derived from 21201506-1 STORIA DEL PENSIERO ECONOMICO in Economia L-33 CICCONE ROBERTO	5	SECS-P/04	30	-	-	-	Related or supplementary learning activities	ITA
21201712 - Applied Statistics (objectives) The course builds on the coherence of the topics and their contextualization with the educational objectives of the degree in question. The course in Applied Statistics aims at providing the necessary tools for designing, processing and analysing data on labour economics. The theoretical aspects will be accompanied by an applied part on real data and case studies coming from labour economics, industrial relations and welfare systems and from environmental economics. Various statistical software such as Minitab and Hugin will be used. The student will be taught not only to apply statistical techniques but also to choose the most appropriate technique and to comment on the output of the analysis helping them understand how statistics can be useful for decision-making. Students will be taught not only the theoretical aspect of the models but also the main application contexts and their use through appropriate statistical software. The course teaches students how to manage a statistical survey from its planning, to the analysis and to present a report commenting on the output of the data analysis. - Derived from 21201712 STATISTICA APPLICATA in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 MORTERA JULIA (syllabus) This graduate level course provides an introduction to the basic concepts of probability, common distributions, statistical methods, and data analysis. It is intended for graduate students who have one undergraduate statistics course. Upon completion of this course students will: - Appreciate and understand the role of statistics in their own field of study. - Develop an ability to apply appropriate statistical methods to summarize and analyse data for some of the more routine experimental settings. - Make sense of data and be able to report the results in appropriate table or statistical terms for inclusion in your thesis or paper. - Perform appropriate statistical techniques using Minitab and Hugin and interpret the results/outputs. Strengths of the course: Software: R, Minitab, Hugin Project work on a data set relative to your studies. Topics: - Introduction to sampling techniques; - Simple and multiple linear model; - Generalized linear models (logistic and linear-logistic models); - Analysis of variance (ANOVA); - Contingency tables and tests for Independence and Goodness-of-Fit; - Decision support methods. Decision trees. Bayesian networks and decision networks. Learning networks. Applications to real cases. -Methods for exploratory multivariate statistics such as factor analysis, cluster analysis. (reference books) Agresti A, Finlay B. (2007) Statistical Methods for the Social Sciences, Pearson College Div; 4th edition T. W. Anderson (2003) An Introduction to Multivariate Statistical Analysis, 3rd Edition. ISBN: 978-0-471-36091-9	9	SECS-S/01	60	-	-	-	Related or supplementary learning activities	ITA

Second semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

Optional group: ESAME AZIENDALE 2 ANNO - UN INSEGNAMENTO A SCELTA TRA: - (show)

21201459 - BUSINESS STRATEGY (objectives) Course will provide participants to 1. Understand the strategic decisions that organizations make and have an ability to engage in strategic planning. 2. Explain the basic concepts, principles and practices associated with strategy formulation and implementation. 3. Integrate and apply knowledge gained in basic courses to the formulation and implementation of strategy. 4. Analyze and evaluate critically real life company situations and develop creative solutions, using a strategic management perspective. 5. Conduct and present a credible business analysis in a team setting. 6. Understand the crucially important role that the finance function plays in the setting and implementation of a strategy.
21201459-2 - STRATEGIA D'IMPRESA - Derived from 21201459-2 STRATEGIA D'IMPRESA in Economia e Management LM-77 (docente da definire)	4,5	SECS-P/08	30	-	-	-	Core compulsory activities	ITA
21201459-1 - STRATEGIA D'IMPRESA - Derived from 21201459-1 STRATEGIA D'IMPRESA in Economia e Management LM-77 (docente da definire)	4,5	SECS-P/08	30	-	-	-	Core compulsory activities	ITA

Optional group: MERCATI, SETTORI E ISTITUZIONI 2 ANNO - Un insegnamento a scelta tra: - (show)

21201457 - INDUSTRIAL ECONOMICS - ADVANCED COURSE (objectives) The aim of the course is twofold. The analytical models of the main problems of industrial economics, with a particular focus on the strategic interaction between firms, are the core of the first module of the course. The second module aims to provide students with the notions for a thorough analysis of the Italian productive system, taking into consideration issues related to firms’ organization and performance together with a close look at the specific industries’ main competitiveness indicators - Derived from 21210082 ECONOMIA INDUSTRIALE - CORSO AVANZATO in Economia Aziendale LM-77 (docente da definire)	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21210004 - ECONOMIA DELLE IMPRESE E DEI SETTORI PRODUTTIVI (objectives) The course aims to provide students with the notions for a thorough analysis of the Italian productive system, taking into consideration issues related to firms’ organization and performance together with a close look at the specific industries’ main competitiveness indicators. Particular attention will be devoted to the impact of globalization on firms’ organization and performance. The course will make use of models and applications through a laboratory session. - Derived from 21210004 ECONOMIA DELLE IMPRESE E DEI SETTORI PRODUTTIVI in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 GIUNTA ANNA (syllabus) 1. The Neo-Institutional Theory of the Firm 1.1 Overview of the neoclassical theory of the firm 1.2 Ronal Coase and the transaction cost theory 1.3 The contribution of Oliver Williamson 1.4 Quasi-Rents: Klein, Crawford, Alchian 1.5 Property Rights Theory : Grossman, Hart e Moore 2. The organization of Italian firms 2.1 From large firms and the economic miracle of the 60's to the industrial discticts of the '80s 2.2 Firms and globalization 3. Main issues 3.1 Productivity 3.2 R&D 3.3 ICT 3.4 Internationalization 3.5 Global Value Chains 4. Laboratory session (reference books) Giunta A., Rossi S., 2017, Che cosa sa fare l'Italia, Rome, Laterza. Chapters: II,III, IV A reading list will be suggested during the Course and available on the course TEAMS	9	SECS-P/02	60	-	-	-	Core compulsory activities	ITA
21201503 - INTERNATIONAL ECONOMICS (objectives) The aim of the course is to present the main themes of international monetary macroeconomics. The course starts by laying out the way in which international relations are recorded in national accounts and balance of payments. In this way the course provides a framework for understanding the consequences for a country of running large current account surpluses or deficits. The course then focuses on different theories of the determination of the exchange rates. It also discusses the effects on the real economy and on the price levels of the commercial and financial relations of a country with the rest of the world. The institutional set-up of the euro area will be presented in relation to the theories considered, emphasizing Its peculiarities with respect to the theoretical debates about the alternative between fixed and flexible exchange rates and about the question of the optimal currency areas. All the topics will be analyzed trying to highlight the differences underlying the main theoretical models. The main official documents and economic reports published by national and international institutions on our country's international relations will also be analyzed. The material covered is not mathematically complex, but it is taught in a formal and rigorous manner, which assumes a good familiarity with basic economic concepts. - Derived from 21201503 ECONOMIA INTERNAZIONALE in Economia L-33 TREZZINI ATTILIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201438 - MICROECONOMICS - ADVANCED COURSE (objectives) The objective of this course is to provide a thorough knowledge of the analytical methods and the recent theoretical developments in microeconomics. At the end of this course a student will be able to understand the microeconomic foundations of recent macroeconomic theory; to handle the analytical tools needed for static optimization; to apply theoretical methods in empirical studies; to acquire the analytical tools needed for further studies in more specialized fields of economics. - Derived from 21201438 MICROECONOMIA - CORSO AVANZATO in Scienze Economiche LM-56 N0 BLOISE GAETANO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA

Optional group: Mercati, settori e istituzioni - 2° anno - un insegnamento a scelta tra: - (show)

21210003 - POLITICHE MACROECONOMICHE PER LO SVILUPPO (objectives) The course addresses a number of macroeconomic issues with a focus on development and growth, income distribution, institutions, and the growth-inequality-poverty nexus. The module will typically cover the following topics: Principal macroeconomic issues of uneven development; Growth models as tools for analyzing the macroeconomics of development; Macroeconomic stability; Geography, Culture and Institutions; Income distribution and Macroeconomics; Inequality, growth and welfare policy. - Derived from 21210003 POLITICHE MACROECONOMICHE PER LO SVILUPPO in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 SCARLATO MARGHERITA, D'AGOSTINO GIORGIO (syllabus) Macroeconomics, inequality and development The course addresses a number of macroeconomic issues with a focus on development and growth, income distribution, institutions, and the growth-inequality-poverty nexus. The module will typically cover the following topics: • Introduction: principal macroeconomic issues of development • Economic growth: Growth models as tools for analyzing the macroeconomics of development • Geography, Culture and Institutions • Income distribution and Macroeconomics • Inequality, growth and welfare policy (reference books) 1.D Acemoglu (2009) Introduction to modern economic growth, Princeton University Press, capitoli 1-4. 2.C. Jones (2016) The facts of economic growth, in Handbook of Macroeconomics, eds J. Taylor, H. Uhlig, vol.2A, cap.1. 3. D Acemoglu, S Johnson, JA Robinson (2005) Institutions as a fundamental cause of long-run growth, in Handbook of Economic Growth, eds P Aghion, P Durlauf, cap.6. 3. Slides of the lessons.	9	SECS-P/02	60	-	-	-	Related or supplementary learning activities	ITA
21201417 - ADVANCED PUBLIC FINANCE
21201550 - ECONOMICS AND FINANCE OF SMALL AND MEDIUM BUSINESS (objectives) The course analyzes economic and financial characteristics of small and medium sized firms (SMEs) and compares them with those of large firms. In detail, the course aims at: 1) defining the concept of SMEs in Italy and abroad with a focus on the birth and development of industrial districts 2) analyzing the contribution of SMEs to the growth of Italian economy 3) identifying the economic and financial peculiarities of SMEs 4) extending to SMEs the traditional theories of corporate finance and adjusting these theories if required 5) explaining the financial decision making of SMEs in terms of investment choices, capital structure choices and risk
21201569 - HISTORY OF LABOUR AND INDUSTRIAL RELATIONS (objectives) The aim of this course is to develop a critical interpretation of the transformations, between 19th and 20th century, of the labor organization, social conflicts, industrial relations, social security and welfare policies, with particular reference to the Italian case.
21201569-2 - STORIA DEL LAVORO E DELLE RELAZIONI INDUSTRIALI 2 (objectives) The aim of this course is to develop a critical interpretation of the transformations, between 19th and 20th century, of the labor organization, social conflicts, industrial relations, social security and welfare policies, with particular reference to the Italian case. - Derived from 21201569-2 STORIA DEL LAVORO E DELLE RELAZIONI INDUSTRIALI in Economia e Management LM-77	4	SECS-P/12	30	-	-	-	Related or supplementary learning activities	ITA
21201569-1 - STORIA DEL LAVORO E DELLE RELAZIONI INDUSTRIALI 1 (objectives) The aim of this course is to develop a critical interpretation of the transformations, between 19th and 20th century, of the labor organization, social conflicts, industrial relations, social security and welfare policies, with particular reference to the Italian case. - Derived from 21201569-1 STORIA DEL LAVORO E DELLE RELAZIONI INDUSTRIALI in Economia e Management LM-77 STEMPERINI GIUSEPPE	5	SECS-P/12	30	-	-	-	Related or supplementary learning activities	ITA
21201463 - HISTORY OF ENTERPRISE (objectives) The aim of this course is to help students acquire concepts and methodologies with which to trace the evolution and progress of the modern company as a paradigm of the development of the various forms of capitalism in existence today. Our analysis of business history will aim to provide the instruments necessary to understand the current phase in Italy’s economic development.
21201463-1 - STORIA D'IMPRESA - Derived from 21201463-1 STORIA D'IMPRESA in Scienze Economiche LM-56 (docente da definire)	3	SECS-P/12	10	-	-	-	Related or supplementary learning activities	ITA
21201463-2 - STORIA D'IMPRESA - Derived from 21201463-2 STORIA D'IMPRESA in Scienze Economiche LM-56 (docente da definire)	6	SECS-P/12	20	-	-	-	Related or supplementary learning activities	ITA
21201274 - HISTORY OF ECONOMIC THEORY (objectives) The course aims to present the main theories of value and distribution in their historical development. This should be understood in two senses. On the one hand, the course focuses on the reconstruction of the strictly analytical problems that have gradually arisen within the Classical and the Neoclassical (marginalist) theories of value and distribution in their traditional formulations. In this way students are offered the tools to look with greater awareness at the form in which those approaches present themselves today. On the other hand, the authors who will be considered in the course will be placed in their respective historical context, with a view to highlighting the nature of social science proper to political economy. In this regard, particular attention will be given to the drastic change of approach that took place in economic theory in the period immediately following Ricardo, and for which it seems difficult to find an explanation on exclusively analytical grounds.

21210000 - A SCELTA STUDENTE

Elective activities

ITA

21201473 - FINAL EXAM

150

Final examination and foreign language test

ITA

FINANZA E PROCESSI ECONOMICI

FIRST YEAR

First semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21201408 - STATISTICAL METHODS FOR ECONOMETRICS (objectives)

- Derived from 21201408 METODI STATISTICI PER L'ECONOMETRIA in Scienze Economiche LM-56 N0 NACCARATO ALESSIA

SECS-S/01

Core compulsory activities

ITA

21210130 - Monetary theory, institutions and policy (objectives)

- Derived from 21210130 Monetary theory, institutions and policy in Scienze Economiche LM-56 LEVRERO ENRICO SERGIO

SECS-P/01

Core compulsory activities

ENG

Optional group: FINANZA E PROCESSI ECONOMICI - 1° anno - un insegnamento a scelta tra: - (show)

21201717 - MONETARY POLICY AND FINANCIAL MARKETS (objectives) 1. To analyse the major differences in financial systems over the world. 2. To understand the globalisation and convergence processes in financial systems. 3. To analyse some structural features and functions of fund channelling. The course is divided into three parts. In the first one the main models of monetary theory are examined, aiming at investigating the role and functioning of the demand and supply of money. The second part analyzes the objectives, instruments and transmission mechanisms of monetary policy, in the light of the main economic theories. The third part analyzes the interactions between the functioning of financial markets and the transmission mechanisms of monetary policy, focusing on the empirical cases of the financial crisis of 2007-2008 and its economic and monetary impact, the euro crisis in 2011 and the current volatility of the financial markets. - Derived from 21201717 POLITICA MONETARIA E MERCATI FINANZIARI in Scienze Economiche LM-56 N0 SCARANO GIOVANNI	9	SECS-P/02	60	-	-	-	Core compulsory activities	ITA
21210010 - TEORIA DEI GIOCHI (objectives) The course is a primer in game theory that aims to introduce students to the language and methods used to analyze static and dynamic games of complete and incomplete information. A special emphasis is posed on economic applications. Among the others, the course deals with problems concerning business strategies such as those related to the determination of sale prices and production/distribution quantities, strategies related to firm entry/exit and market positioning, bargaining, auction strategies and mechanisms, optimal policy, issues related to agents’ credibility and to the time-consistence/sustainability of their decisions. - Derived from 21210010 TEORIA DEI GIOCHI in Scienze Economiche LM-56 TIRELLI MARIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201468 - HISTORY OF FINANCE

Optional group: Finanza e processi economici - 1° anno - un insegnamento a scelta tra: - (show)

Second semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21210144 - Advanced Political Economy

- Advanced Political Economy - I Mod.

- FRATINI SAVERIO MARIA (syllabus) (reference books)

SECS-P/01

Core compulsory activities

ITA

- Advanced Political Economy - II Mod.

- CICCONE ROBERTO (syllabus) (reference books)

SECS-P/01

Core compulsory activities

ITA

21210146 - Advanced Corporate Finance (objectives)

- VENANZI DANIELA (syllabus) (reference books)

SECS-P/09

Related or supplementary learning activities

ITA

Optional group: FINANZA E PROCESSI ECONOMICI - 1° anno - un insegnamento a scelta tra: - (show)

21201503 - INTERNATIONAL ECONOMICS (objectives) The aim of the course is to present the main themes of international monetary macroeconomics. The course starts by laying out the way in which international relations are recorded in national accounts and balance of payments. In this way the course provides a framework for understanding the consequences for a country of running large current account surpluses or deficits. The course then focuses on different theories of the determination of the exchange rates. It also discusses the effects on the real economy and on the price levels of the commercial and financial relations of a country with the rest of the world. The institutional set-up of the euro area will be presented in relation to the theories considered, emphasizing Its peculiarities with respect to the theoretical debates about the alternative between fixed and flexible exchange rates and about the question of the optimal currency areas. All the topics will be analyzed trying to highlight the differences underlying the main theoretical models. The main official documents and economic reports published by national and international institutions on our country's international relations will also be analyzed. The material covered is not mathematically complex, but it is taught in a formal and rigorous manner, which assumes a good familiarity with basic economic concepts. - Derived from 21201503 ECONOMIA INTERNAZIONALE in Economia L-33 TREZZINI ATTILIO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201438 - MICROECONOMICS - ADVANCED COURSE (objectives) The objective of this course is to provide a thorough knowledge of the analytical methods and the recent theoretical developments in microeconomics. At the end of this course a student will be able to understand the microeconomic foundations of recent macroeconomic theory; to handle the analytical tools needed for static optimization; to apply theoretical methods in empirical studies; to acquire the analytical tools needed for further studies in more specialized fields of economics. - Derived from 21201438 MICROECONOMIA - CORSO AVANZATO in Scienze Economiche LM-56 N0 BLOISE GAETANO	9	SECS-P/01	60	-	-	-	Core compulsory activities	ITA
21201562 - ADVANCED ECONOMIC POLICY (objectives) The overall objective of Politica economica c.a. is to provide an in depth understanding of modern macroeconomic theory with strong emphasis on Business cycle and Stabilization policies. The course focuses mainly on Dynamic General Equilibrium macroeconomic models, starting from real business cycle models into which New Keynesian macroeconomic features are introduced. - Derived from 21201562 POLITICA ECONOMICA - CORSO AVANZATO in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 N0 GIULI FRANCESCO (syllabus) - Stylized Facts of the Business Cycle. Basic concepts and definitions - Business cycle theories from Keynes to Monetarism - Traditional keynesian stabilization policies and rule-based policies - The Lucas' island model and the role of expectations - The Real Business cycle theory and the money neutrality - The New Keynesian approach: the demand side and the monetary policy - Simulation of Dynamic Stochastic General Equilibrium (DSGE) models using Dynare for Matlab (reference books) Enrico Marchetti “Teorie del ciclo economico. Il dibattito moderno su instabilità e equilibrio”, Esculapio, 2009. Additional teaching material will be provided	9	SECS-P/02	60	-	-	-	Core compulsory activities	ITA
21201468 - HISTORY OF FINANCE
21201468-1 - STORIA DELLA FINANZA - Derived from 21201468-1 STORIA DELLA FINANZA in Finanza e impresa LM-16 D'ERRICO RITA MARIA MICHELA	8	SECS-P/12	50	-	-	-	Core compulsory activities	ITA
21201468-2 - STORIA DELLA FINANZA - Derived from 21201468-2 STORIA DELLA FINANZA in Finanza e impresa LM-16 D'ERRICO RITA MARIA MICHELA	1	SECS-P/12	10	-	-	-	Core compulsory activities	ITA

Optional group: Finanza e processi economici - 1° anno - un insegnamento a scelta tra: - (show)

21201513 - FINANCIAL ANALYSIS (objectives) To provide theoretical concepts and practical tools for the analysis and evaluation of financial performance and risk of non-financial companies, industries and portfolios. In details, the course aims at developing competences and skills in critical analysis, interpretation and valuation-judgement in the following fields: a) economic and financial performance of firms/industries in manufacturing and tertiary sector b) financial dynamics and financial needs of non-financial firms c) financial solvency, credit risk and cost of debt d) risk and return of equity portfolios and mutual funds. The course contents are applicable in two main areas: 1. decision making for resources allocation by managers, public decision-makers and financial analysts 2. fundamental analysis of shares/portfolios for asset management/financial investments. - Derived from 21201513 ANALISI FINANZIARIA in Economia L-33 VENANZI DANIELA	9	SECS-P/09	60	-	-	-	Related or supplementary learning activities	ITA
21201417 - ADVANCED PUBLIC FINANCE
21201730 - Computational Finance (objectives) The course objective is to educate students about the MATLAB language and development environment, for programming, numerical calculation and visualization applied to financial problems. The rule of Computational Finance is becoming increasingly important in the financial industry, both for the modeling and analysis phase, as well as for the decision-making phase. Many models used in practice are formulated via complex mathematical problems, for which an exact or a closed-form solution could not be obtained. Consequently, computational techniques and specific numerical algorithms are required to solve such cases. Over the duration of the Course, we attempt to integrate the understanding of theoretical with their practical use. The application of quantitative financial models will be used to simplify the comprehension of some mathematical and statistical concepts and to learn the main computational techniques, which are useful to deal with a wide range of financial problems, such as portfolio optimization, risk management and derivatives pricing. Therefore, this course is not only suitable for university students, but also for professionals who want to deepen their knowledge and understanding of the quantitative financial models explored in this course. - Derived from 21201730 FINANZA COMPUTAZIONALE in Finanza e impresa LM-16 (docente da definire)	9	SECS-S/06	60	-	-	-	Related or supplementary learning activities	ITA

Optional group: Altre Attività Formative - Un'attività a scelta tra: - (show)

STRUCTURAL CHANGE, INEQUALITY AND EMPLOYMENT

FIRST YEAR

First semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21210132 - Alternative Theories of distribution employment and growth (objectives)

- Derived from 21201711 OCCUPAZIONE, DISTRIBUZIONE E CRESCITA in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 STIRATI ANTONELLA (syllabus) (reference books)

SECS-P/01

Core compulsory activities

ENG

21210130 - Monetary theory, institutions and policy (objectives)

- Derived from 21210130 Monetary theory, institutions and policy in Scienze Economiche LM-56 LEVRERO ENRICO SERGIO

SECS-P/01

Related or supplementary learning activities

ENG

21201408 - STATISTICAL METHODS FOR ECONOMETRICS (objectives)

- Derived from 21201408 METODI STATISTICI PER L'ECONOMETRIA in Scienze Economiche LM-56 N0 NACCARATO ALESSIA

SECS-S/01

Core compulsory activities

ITA

21210147 - Law of savings protection

- Derived from 21210148-1 DIRITTO E FINANZA DELLA TUTELA DEL RISPARMIO - 1 MOD in Scienze Economiche LM-56 ATRIPALDI MARIANGELA (syllabus) (reference books)

IUS/05

Core compulsory activities

ENG

Optional group: EPOG - 1° anno - un esame a scelta tra: - (show)

Second semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21210131 - Alternative theories of output and aggregate demand (objectives)

- Derived from 21210144_2 Advance Political Economy - II Mod. in Scienze Economiche LM-56 CICCONE ROBERTO

SECS-P/01

Core compulsory activities

ENG

21210134 - Microeconomic foundations of classical and neoclassical value theories (objectives)

- Derived from 21210144_1 Advance Political Economy - I Mod. in Scienze Economiche LM-56 FRATINI SAVERIO MARIA (syllabus) (reference books)

SECS-P/01

Related or supplementary learning activities

ENG

Optional group: EPOG - 1° anno - un esame a scelta tra: - (show)

Optional group: Altre Attività Formative - Un'attività a scelta tra: - (show)

SECOND YEAR

First semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

21210065 - Statistical methods in economics (objectives)

- Derived from 21210065 Statistical methods in economics in Economia dell'ambiente e dello sviluppo LM-56 CONIGLIANI CATERINA

SECS-S/01

Core compulsory activities

ITA

21210066 - Corporate and innovation policy (objectives)

- Derived from 21210066 Corporate and innovation policy in Economia dell'ambiente e dello sviluppo LM-56 CRESPI FRANCESCO

SECS-P/03

Core compulsory activities

ITA

Optional group: EPOG - 2° anno - un insegnamento a scelta tra: - (show)

21201442 - BUSINESS II (ECONOMICS AND BUSINESS MANAGEMENT - ADVANCED COURSE) (objectives) The Business II Course (EGI CA) deals with the international business of companies operating in today's globalized contexts. After a brief introduction on macroeconomic dynamics that impact on international markets, the course focuses on the analysis of the companies, especially those of larger size, and their decision to go international in order to maximize their value. Today more than ever, companies are more likely to relocate the value chain activities in different parts of the world, this means a greater ability to seize new opportunities for value creation, but also greater attention to governance and management of intercultural barriers. Therefore, after having explained the reasons behind the internationalization process, the Course aims to: illustrate the issues that arise at the various stages of international development; to identify the key variables that influence it; and to identify the various methods and instruments through which the process of internationalization unfolds. Students at the end of the course will be able to: 1) To know and interpret the logic and actions of the actors involved in the international context; 2) To know and discuss the basic elements concerning the international development process; 3) To know and apply the basic tools for the analysis of the attractiveness of the Country to support managerial decisions; 4) To Analyze the competitive situation of the sector and select solutions for the approach to international markets in terms of strategies, methods and penetration of the target markets. - Derived from 21210118 ECONOMIA E GESTIONE DELLE IMPRESE - CORSO AVANZATO in Economia e Management LM-77 PRINCIPATO LUDOVICA, FAGGIONI FRANCESCA (syllabus) The Course will be divided into a theoretical and a practical part. In the first one the main business and economic theories that explain the internationalization processes as well as the models to evaluate the attractiveness of the Countries of destination will be discussed. In the second one, students will be involved in several case studies and a Case Analysis Challenge (Project Work in group of students). The Challenge will be presented at the beginning of the Course by a Company of primary importance in the Italian and international context. Details about the project work will be given in class. Course Outline: 1. Globalization of the markets and Global value Chains 2. The internationalization of companies: theories 3. Internationalization strategies 4. Start up and development of the internationalization process 5. Analysis of the attractiveness of international markets 6. Internationalization procedure 7. Elements of penetration of international markets through the levers of the Marketing Mix 8. The internationalization of goods 9. The internationalization of the value chain activities (production, research and development, sales, distribution) 10. The social responsibility of international companies (reference books) References:  UNCTAD – World Investment Report 2018 (pag. 1-61 e 125-177)  UNCTAD – World Investment Report 2013 (pag. 122-174)  Mihir A. Desai, The Decentering of the Global Firm, World Economy, 32, 2009, pp. 1271-1290  C. DEMATTE', F. PERRETTI, E. MARAFIOTI (a cura di), Strategie di Internazionalizzazione, Milano, EGEA, 2013.  The slides on the website of the course represents an integral part of the program For non-attending students and those who do not develop the PW, in addition to the reference texts, the following documents and articles are required: 1. Hofstede, G. (2011). Dimensionalizing Cultures: The Hofstede Model in Context. Online Readings in Psychology and Culture, 2(1). http://dx.doi.org/10.9707/2307-0919.1014 2. Center For Creative Leadership, (2014), Leader effectiveness and Culture: The Globe Study. https://gdl29.files.wordpress.com/2014/03/globestudy.pdf 3. OECD. (2015). Principles of Corporate Governance https://www.oecd.org/daf/ca/Corporate-Governance-Principles-ENG.pdf	12	SECS-P/08	80	-	-	-	Core compulsory activities	ITA
21201459 - BUSINESS STRATEGY (objectives) Course will provide participants to 1. Understand the strategic decisions that organizations make and have an ability to engage in strategic planning. 2. Explain the basic concepts, principles and practices associated with strategy formulation and implementation. 3. Integrate and apply knowledge gained in basic courses to the formulation and implementation of strategy. 4. Analyze and evaluate critically real life company situations and develop creative solutions, using a strategic management perspective. 5. Conduct and present a credible business analysis in a team setting. 6. Understand the crucially important role that the finance function plays in the setting and implementation of a strategy.
21201722 - RISK MANAGEMENT IN BANKING - Derived from 21201722 RISK MANAGEMENT IN BANKING in Finanza e impresa LM-16 (docente da definire)	12	SECS-P/11	80	-	-	-	Core compulsory activities	ITA

Optional group: EPOG - 2° anno - Un insegnamento a scelta tra: - (show)

Second semester

Course

Credits

Scientific Disciplinary Sector Code

Contact Hours

Exercise Hours

Laboratory Hours

Personal Study Hours

Type of Activity

Language

Optional group: EPOG - 2° anno - un insegnamento a scelta tra: - (show)

21201459 - BUSINESS STRATEGY (objectives) Course will provide participants to 1. Understand the strategic decisions that organizations make and have an ability to engage in strategic planning. 2. Explain the basic concepts, principles and practices associated with strategy formulation and implementation. 3. Integrate and apply knowledge gained in basic courses to the formulation and implementation of strategy. 4. Analyze and evaluate critically real life company situations and develop creative solutions, using a strategic management perspective. 5. Conduct and present a credible business analysis in a team setting. 6. Understand the crucially important role that the finance function plays in the setting and implementation of a strategy.
21201459-1 - STRATEGIA D'IMPRESA - Derived from 21201459-1 STRATEGIA D'IMPRESA in Economia e Management LM-77 (docente da definire)	6	SECS-P/08	40	-	-	-	Core compulsory activities	ITA
21201459-2 - STRATEGIA D'IMPRESA (objectives) Course will provide participants to1. Understand the strategic decisions that organizations make and have an ability to engage in strategic planning.2. Explain the basic concepts, principles and practices associated with strategy formulation and implementation. 3. Integrate and apply knowledge gained in basic courses to the formulation and implementation of strategy.4. Analyze and evaluate critically real life company situations and develop creative solutions, using a strategic management perspective.5. Conduct and present a credible business analysis in a team setting.6. Understand the crucially important role that the finance function plays in the setting and implementation of a strategy. - Derived from 21201459-2 STRATEGIA D'IMPRESA in Economia e Management LM-77 (docente da definire)	6	SECS-P/08	40	-	-	-	Core compulsory activities	ITA

21210135 - Economics of Human Development

- Derived from 21210008 ECONOMIA DELLO SVILUPPO UMANO in Economia dell'ambiente e dello sviluppo LM-56 DE MURO PASQUALE

SECS-P/02

Core compulsory activities

ENG

21210137 - Energy policy (objectives)

- Derived from 21210060 Energy economics and climate change policy in Economia dell'ambiente e dello sviluppo LM-56 COSTANTINI VALERIA (syllabus) (reference books)

SECS-P/02

Related or supplementary learning activities

ENG

21210136 - Climate change policies (objectives)

- Derived from 21210060 Energy economics and climate change policy in Economia dell'ambiente e dello sviluppo LM-56 COSTANTINI VALERIA (syllabus) (reference books)

SECS-P/02

Core compulsory activities

ENG

Optional group: EPOG - 2° anno - Un insegnamento a scelta tra: - (show)

21201247 - INDUSTRIAL ECONOMICS - ADVANCED COURSE (objectives) The aim of the course is twofold. The analytical models of the main problems of industrial economics, with a particular focus on the strategic interaction between firms, are the core of the first module of the course. The second module aims to provide students with the notions for a thorough analysis of the Italian productive system, taking into consideration issues related to firms’ organization and performance together with a close look at the specific industries’ main competitiveness indicators - Derived from 21210082 ECONOMIA INDUSTRIALE - CORSO AVANZATO in Economia Aziendale LM-77 (docente da definire)	12	SECS-P/01	80	-	-	-	Related or supplementary learning activities	ITA
21201525 - AGRI-FOOD ECONOMICS AND POLICY (objectives) • Relations between agriculture and the rest of the economy, with reference to the Italian agri-food sector • Recalls of microeconomics and consumption theory, with reference to analyze the demand for agri-food products, with particular reference to product differentiation, quality and food safety • Production cost sand market structures, with reference to different forms of competition and market imperfections in the agri-food sector • The characteristics of the Italian agri-food system, with particular reference to the role and potential of Made in Italy in the world markets • The agricultural policies of the European Union, with particular reference to the multifunctionality of agriculture - Derived from 21201525 ECONOMIA E POLITICA AGROALIMENTARE in Economia dell'ambiente e dello sviluppo LM-56 DE FILIPPIS FABRIZIO,	12	SECS-P/02	80	-	-	-	Related or supplementary learning activities	ITA
21201439 - MACROECONOMICS - ADVANCED COURSE (objectives) The course offers an introduction to theories, models and methods currently used to analyze macroeconomic dynamics. The main focus is on long-run dynamics and growth, but the course deals also with traditional topics such as consumption, investment, saving, money and credit. Discussion will mostly concern post-II World War theories. Among these, it deals with Solow and Ramsey-Cass-Koopmans exogenous growth theories, as well as the more recent endogenous growth theories. Methodologically, the course makes an intensive used of deterministic, general equilibrium models in discrete time. Topics and methods are considered essential references and tools by most institutions actually involved in macroeconomic analysis (e.g. central banks, institutes analyzing business cycles, supervisory boards and authorities, commercial banks). Further they form an essential prerequisite for more advanced coursed in macroeconomics and economic policy and to pursue graduate studies. - Derived from 21201439 MACROECONOMIA - CORSO AVANZATO in Scienze Economiche LM-56 N0 TIRELLI MARIO	12	SECS-P/01	80	-	-	-	Related or supplementary learning activities	ITA
21201427 - LABOUR ECONOMICS AND POLICY (objectives) The course has three main objectives: 1) explore the micro and macroeconomics of the labour market; 2) analyze the recent structural evolution of the labour market; 3) assess the working of labour policies both at the national and European level. The macroeconomic perspective implies the study of the determinants of employment and unemployment levels and their relationship with the level of inflation. The microeconomic perspective implies the analysis of individual agents behavior with respect to demand and supply of labour, labour cost, various labour contracts and collective agreements. Finally, rhe role of labour policies will be considered, with reference both to European Employment Strategy and to the constraints imposed by the European Economic Policy. - Derived from 21201427 ECONOMIA E POLITICA DEL LAVORO in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 N0 Fadda Sebastiano, TRONTI LEONELLO	12	SECS-P/01	80	-	-	-	Related or supplementary learning activities	ITA
21210003 - POLITICHE MACROECONOMICHE PER LO SVILUPPO (objectives) The course addresses a number of macroeconomic issues with a focus on development and growth, income distribution, institutions, and the growth-inequality-poverty nexus. The module will typically cover the following topics: Principal macroeconomic issues of uneven development; Growth models as tools for analyzing the macroeconomics of development; Macroeconomic stability; Geography, Culture and Institutions; Income distribution and Macroeconomics; Inequality, growth and welfare policy. - Derived from 21210003 POLITICHE MACROECONOMICHE PER LO SVILUPPO in Mercato del lavoro, relazioni industriali e sistemi di welfare LM-56 SCARLATO MARGHERITA, D'AGOSTINO GIORGIO (syllabus) Macroeconomics, inequality and development The course addresses a number of macroeconomic issues with a focus on development and growth, income distribution, institutions, and the growth-inequality-poverty nexus. The module will typically cover the following topics: • Introduction: principal macroeconomic issues of development • Economic growth: Growth models as tools for analyzing the macroeconomics of development • Geography, Culture and Institutions • Income distribution and Macroeconomics • Inequality, growth and welfare policy (reference books) 1.D Acemoglu (2009) Introduction to modern economic growth, Princeton University Press, capitoli 1-4. 2.C. Jones (2016) The facts of economic growth, in Handbook of Macroeconomics, eds J. Taylor, H. Uhlig, vol.2A, cap.1. 3. D Acemoglu, S Johnson, JA Robinson (2005) Institutions as a fundamental cause of long-run growth, in Handbook of Economic Growth, eds P Aghion, P Durlauf, cap.6. 3. Slides of the lessons.	12	SECS-P/02	80	-	-	-	Related or supplementary learning activities	ITA
21201503 - INTERNATIONAL ECONOMICS (objectives) The aim of the course is to present the main themes of international monetary macroeconomics. The course starts by laying out the way in which international relations are recorded in national accounts and balance of payments. In this way the course provides a framework for understanding the consequences for a country of running large current account surpluses or deficits. The course then focuses on different theories of the determination of the exchange rates. It also discusses the effects on the real economy and on the price levels of the commercial and financial relations of a country with the rest of the world. The institutional set-up of the euro area will be presented in relation to the theories considered, emphasizing Its peculiarities with respect to the theoretical debates about the alternative between fixed and flexible exchange rates and about the question of the optimal currency areas. All the topics will be analyzed trying to highlight the differences underlying the main theoretical models. The main official documents and economic reports published by national and international institutions on our country's international relations will also be analyzed. The material covered is not mathematically complex, but it is taught in a formal and rigorous manner, which assumes a good familiarity with basic economic concepts. - Derived from 21201503 ECONOMIA INTERNAZIONALE in Economia L-33 TREZZINI ATTILIO	12	SECS-P/01	80	-	-	-	Related or supplementary learning activities	ITA

21210000 - A SCELTA STUDENTE

Elective activities

ITA

21201473 - FINAL EXAM

150

Final examination and foreign language test

ITA

FINANZA E PROCESSI ECONOMICI

SECOND YEAR

First semester

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Scientific Disciplinary Sector Code

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Personal Study Hours

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Optional group: FINANZA E PROCESSI ECONOMICI 2 ANNO - Un insegnamento a scelta tra: - (show)

Optional group: FINANZA E PROCESSI ECONOMICI Orientamento unico 2 ANNO - UN INSEGNAMENTO A SCELTA TRA: - (show)

21201440 - PUBLIC ECONOMIC LAW AND ELEMENTS OF PUBLIC BUSINESS ADMINISTRATION (objectives) The purposes of this Course are mainly two. Firstly, the Course aims to illustrate the “business dimension” of public administrations, respecting the interdisciplinary connections, so as to introduce the learner to the Economy of companies and public administrations, understood as autonomous and organic discipline of the business economy. Secondly, the Course aims to offer the students the knowledge of the forms of public intervention in the economy in their historical development and according to a legal approach, with particular attention to the role of the so-called Administrative Independent Agencies in Italian and comparative law.
21201440-1 - DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA - Derived from 21201440-1 DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA in Scienze Economiche LM-56 N0 PIERGIGLI VALERIA	6	IUS/05	40	-	-	-	Core compulsory activities	ITA
21201440-2 - DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA 2 (objectives) The purposes of this Course are mainly two. Firstly, the Course aims to illustrate the “business dimension” of public administrations, respecting the interdisciplinary connections, so as to introduce the learner to the Economy of companies and public administrations, understood as autonomous and organic discipline of the business economy. Secondly, the Course aims to offer the students the knowledge of the forms of public intervention in the economy in their historical development and according to a legal approach, with particular attention to the role of the so-called Administrative Independent Agencies in Italian and comparative law. - Derived from 21201440-2 DIRITTO PUBBLICO DELL'ECONOMIA ED ELEMENTI DI AMMINISTRAZIONE AZIENDALE PUBBLICA 2 in Scienze Economiche LM-56 N0 GRANDIS FABIO GIULIO	3	SECS-P/07	20	-	-	-	Core compulsory activities	ITA
21201745 - DIRITTO E FINANZA DELLA TUTELA DEL RISPARMIO

21201550 - ECONOMICS AND FINANCE OF SMALL AND MEDIUM BUSINESS (objectives)

21201550-1 - ECONOMIA E FINANZA NELLE PMI (objectives)

- MORRESI OTTORINO (syllabus) (reference books)

SECS-P/01

Related or supplementary learning activities

ITA

21201550-2 - ECONOMIA E FINANZA NELLE PMI (objectives)

- MORRESI OTTORINO (syllabus) (reference books)

SECS-P/09

Related or supplementary learning activities

ITA

Second semester

Course

Credits

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Laboratory Hours

Personal Study Hours

Type of Activity

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21201729 - MATHEMATICAL FINANCE

- MASTROENI LORETTA CLARA LETIZIA (syllabus) (reference books)

SECS-S/06

Core compulsory activities

ITA

Optional group: FINANZA E PROCESSI ECONOMICI Orientamento unico 2 ANNO - UN INSEGNAMENTO A SCELTA TRA: - (show)

21210000 - A SCELTA STUDENTE

Elective activities

ITA

21201473 - FINAL EXAM

150

Final examination and foreign language test

ITA