Political Economy
Channel 1
Patrizio Morganti
Lecturers' profile
Program - Frequency - Exams
Course program
Part 1 (general concepts)
- Introductory concepts and tools
- The structure of an economic system
Part 2: macroeconomics
- Definition of the main economic variables (national accounts)
- Business cycle, inflation and unemployment
- Introduction to Neoclassical and Keynesian macroeconomics models
- Neoclassical approach (Say's law, Quantitative Theory of Money)
- Keynesian approach (income-expenditure model, IS-LM model, AD-AS model)
- Public interventions in the economy
Part 3: microeconomics
- Consumers choices and demand function
- Firm choices and supply function
- Perfect competition, monopoly
- General equilibrium and Pareto efficiency
Prerequisites
None. Basic knowledge of mathematics are recommended.
Books
A) Blanchard O., "Macroeconomics", Pearson, Global Edition, 2021
B) Varian H., "Intermediate Microeconomics", Norton
Frequency
Attendance to lectures is not mandatory but strongly recommended. Students unable to attend the lectures are strongly encouraged to contact the teacher in order to have detailed information about the syllabus and the methodology.
Exam mode
The final exam consists of written and oral tests aimed to assess the acquired knowledge and the ability to solve practical exercises. Exercises will be carried out throughout the course in order to prepare students for the final exam.
Bibliography
A) Blanchard O., "Macroeconomics", Pearson, Global Edition, 2021
B) Varian H., "Intermediate Microeconomics", Norton
Lesson mode
In presence lectures.
- Lesson code1013712
- Academic year2025/2026
- Coursecorso|33435
- CurriculumSingle curriculum
- Year1st year
- Semester2nd semester
- SSDSECS-P/01
- CFU9
- Subject areaDiscipline Economiche