Course Topics
Competition policy Informational asimmetries Fiscal Policy Monetary Policy Market regulation

Propaedeutic courses
Not foreseen but the frequency of the courses Macroeconomics and Microeconomics is suggested to properly follow the topics

Teaching format
Lectures, solving of past exams, discussion in class

Educational objectives
ILO (Intended Learning Outcomes) ILO 1 Knowledge and understanding ILO 1.1 ability to understand the role of governments in market economies; ILO 1.2 ability to understand complex economic texts in the three teaching languages; ILO 2 Ability to apply knowledge and understanding ILO 2.1 ability to assess the appropriateness of monetary and fiscal policies with respect to macroeconomic variables ILO 2.2 ability to interact with native speakers in a fluent and spontaneous manner on economic topics; ILO 2.3 ability to produce texts on topics of scientific interest; ILO 2.4 ability to set goals, objectives, expectations and decisions in public administration; ILO 2.5 ability to apply economic models to real problems requiring or resulting from government intervention (policy/market failure) ILO 3 Autonomy of judgement ILO 3.1 Acquisition of the capacity for judgement and methodological tools useful for the critical analysis of data, sources, assumptions and implications of scientific practice, and of the political, ethical and legal context within which economic phenomena are embedded and with which they interact ILO 4 Communication skills ILO 4.1Proficiency (oral and written) in Italian, German and English, including translation between these languages. Intercultural competence. Conceptual awareness, synthesis and written expression, particularly in the drafting of scientific or science-based documents ILO 5 Learning skills ILO 5.1 Promotion of critical thinking and analytical skills to focus on complex problems in their long-term dynamics and the variety of their implications, including ethical ones

Assessment
Open-book open-ended-question written exam (70%), oral presentations (30%). (ILOs 1, 2, 3.1, 4.1, 5.1)

Evaluation criteria
Clarity of answers; ability to summarize, evaluate, and establish relationships between topics; formal and analytical accuracy of the solutions to problems containing mathematical formulas.