Code 27004003 
Description Principles of Economics 
Sector Code SECS-P/01 
Single Module Type OB 
Weight 10 
Course Year 1 
Cycle type Code S2 
Apprenticeship NO 
Lingua di insegnamento Italian
Contenuti 	Microeconomics part: the Basics of Supply and Demand; Consumer Behavior Individual and Market Demand; Production; The Cost of Production; Profit Maximization and Competitive Supply; The Analysis of Competitive Markets; Market Power: Monopoly; Externalities.  Macroeconomics part: The Goods Market; Financial Markets; Goods and Financial Markets (IS-LM Model); Goods and Financial Markets in an Open Economy; The Labor Market 
Testi di riferimento 	Microeconomics part: Robert S. Pindyck, Daniel L. Rubinfeld, Microeconomia 8/Ed., Pearson Education Italia, 2013. Macroeconomics part: O. Blanchard, Scoprire la macroeconomia, il Mulino, 2009, vol. I. 
Obiettivi formativi 	The course aims to provide the basic knowledge of microeconomics and macroeconomics. For microeconomics, the objective is to provide students with the basic theoretical tools for the study of the behavior of consumers and enterprises, the analysis of competitive markets and market failures. For macroeconomics, the focus is on the measurement of national income, the analysis of the goods and financial markets (the IS-LM model) for a closed and an open economy and the study of the labour market. 
Prerequisiti 
Metodi didattici 	The course consists of formal lectures and tutorials. Active participation in discussion and classwork is required. Slides and other information on the course available at http://www.ecostat.unical.it/ricotta/ 
Altre informazioni 
Modalita di verifica dell'apprendimento Final written exam of two hours. Exams will be made of theoretical questions and exercises. 
Programma esteso 
ID Number 010144 
Last Name RICOTTA 
First Name Fernanda 
Role Code RU 
Activity Type LEZ 
Hours 60