Economics and Finance

Microeconomics. The market. The theory of the consumer behavior and the demand curve. The theory of the firm and the supply curve. Technology and the costs of production. The theory of perfect competition: the product market. The theory of perfect competition: the factor market. The general economic equilibrium and Pareto optimality. The incomplete markets (hints). Monopoly and monopolistic competition. Oligopoly (hints). Macroeconomics. National accounts and the most important macroeconomic variables. The economic cycle, inflation and unemployment. The effective demand principle. Investments and financial markets: the IS curve. Money and bonds: the LM curve. The short-term equilibrium: the IS-LM model. Prices and production in the medium-term: Keynesian and neoclassical economics. The real rigidities and the medium-term.

Basics of Mathematics. Requirements are here: https://web.uniroma1.it/fac_economia/propedeuticita

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The course will be organized in 36 classes of two hours and 12 practice sessions of one hour each.

Attendance is not compulsory but strongly recommended.

The assessment of the students' preparation will be done by a written exam. There will not be mid-term exams.

Additional material available on Classroom.

The course will be organized in 36 classes of two hours and 12 practice sessions of one hour each.

Microeconomics. The market. Theory of consumer behavior and the demand curve. Theory of the firm and the supply curve. Technology and costs of production. Competitive market theory: outputs. Competitive market theory: inputs. General economic equilibrium and Pareto optimality. Game theory. Monopoly and monopolistic competition. Oligopoly. Macroeconomics. National accounts and main macroeconomic quantities. The business cycle, inflation and unemployment. The principle of effective demand. Investments and financial markets: the IS curve. Money and securities: the LM curve. The short-term equilibrium: the IS-LM model. Prices and production in the medium term: Keynesian and neoclassical approaches.

Check the website: https://web.uniroma1.it/fac_economia/propedeuticita

E. Saltari, G. Di Bartolomeo, R. Tilli, Principi di economia politica, NEW EDITION, Carocci Editore (second reprint, 2020).

Course start: Monday, February 21, 2022, course end: Monday, May 31, 2022. Hours: Monday 09.00-11.00, Wednesday 11.00-13.00, Thursday 09.00-11.00. All lectures will be face-to-face, in Aula 5 (first floor of the Building on Via del Castro Laurenziano, 9). Office hours: During the lecture period, Thursday: 14.00-16.00 (please, always send an email before to giuseppe.attanasi@uniroma1.it to confirm the appointment). Office hours will not be held during the exam week.

Attendance is not mandatory, although highly recommended.

Written exam

Course start: Monday, February 21, 2022, course end: Monday, May 31, 2022. Hours: Monday 09.00-11.00, Wednesday 11.00-13.00, Thursday 09.00-11.00. All lectures will be face-to-face, in Aula 5 (first floor of the Building on Via del Castro Laurenziano, 9). Office hours: During the lecture period, Thursday: 14.00-16.00 (please, always send an email before to giuseppe.attanasi@uniroma1.it to confirm the appointment). Office hours will not be held during the exam week.