Argomenti dell'insegnamento
The course introduces and discusses the institutional framework, theoretical models and empirical findings of macroeconomics. A particular focus is placed on applying economic concepts and measuring, comparing and discussing macroeconomic concepts. The individual topics are: 1) Introduction to Macroeconomics 2) Consumption 3) Investment 4) Economic Growth: Solow, Ramsey and OLG models 5) Business Cycles and Monetary Policy 6) Expectation in Economics 7) Measurement of Economic Concepts and Expectations

Modalità di insegnamento
Lectures with a strong focus on discussions.

Obiettivi formativi
ILO (Intended Learning Outcomes) ILO 1 - Knowledge and Understanding: ILO 1.1 delle teorie e degli strumenti per l’analisi economica dell’impresa e del mercato ILO 1.2 dei modelli di previsione basilari per svolgere analisi economiche e finanziarie integrate, avvalendosi anche di metodologie di analisi econometriche delle serie storiche e multivariate ILO 2 - Applying knowledge and understanding: ILO 2.1 per la comprensione dell'evoluzione dei mercati finanziari e dei cambiamenti nel contesto macroeconomico internazionale ILO 2.2 per l'analisi delle variabili economiche, gestionali e finanziarie a supporto delle decisioni di aziende e degli intermediari finanziari ILO 3 - Making judgments: ILO 3.1 capacità di mettere in relazione modelli ed evidenze empiriche nello studio delle aziende, degli intermediari e dei mercati finanziari ILO 4 - Communication Skills: ILO 4 Capacità di comunicare efficacemente in forma orale e scritta i contenuti specialistici delle singole discipline, utilizzando registri diversi a seconda dei destinatari e degli scopi comunicativi e didattici, e di valutare gli effetti formativi della sua comunicazione ILO 5 - Learning Skills: ILO 5.1 capacità di elaborare modelli generali, a partire dai fenomeni studiati

Modalità d'esame
Assessment Module 1 – Macroeconomics Attending Students: Written examination 120 minutes (80%) (ILO 1.1-1.2, 2.1-2.2, 3.1, 4, 5.1) Exercise and survey on economic concepts (20%) (ILO 1.1-1.2, 2.1-2.2, 3.1, 4) Non-Attending Students: Written examination 120 minutes (100%) (ILO 1.1-1.2, 2.1-2.2, 3.1, 4, 5.1) Module 2 – Industrial Economics Attending Students: Written examination (80%) Presentation of relevant papers (20%) Non-Attending Students: Written examination (100%)

Criteri di valutazione
Module 1 – Macroeconomics Attending Students: 1) Written examination – 80% of the final grade The written examination consists of open-ended questions and multiple-choice questions covering both theoretical concepts and quantitative exercises. Answers will be evaluated based on clarity, completeness, accuracy, and the ability to apply economic reasoning to practical problems. The written examination must be passed in order to pass the course overall. 2) Exercise and survey on economic concepts – 20% of the final grade Students are expected to actively participate in exercises and in the online survey activity on economic concepts and expectations. The survey responses and subsequent analysis and presentation of the collected data contribute to the assessment. Non-Attending Students: 1) Written examination – 100% of the final grade The written examination consists of open-ended questions and multiple-choice questions covering both theoretical concepts and quantitative exercises. Answers will be evaluated based on clarity, completeness, accuracy, and the ability to apply economic reasoning to practical problems. The written examination must be passed in order to pass the course overall. Module 2 – Industrial Economics Attending Students: 1) Written examination – 80% of the final grade The written examination consists of conceptual questions on the models, methods, and empirical findings discussed during the course; all of the material needed to answer them is contained in the slides provided by the instructor. Answers are evaluated on the basis of clarity, completeness, accuracy, and the ability to apply economic reasoning. The written examination must be passed in order to pass the module. 2) Presentation of relevant papers – 20% of the final grade Attending students give 7-minute presentations of relevant papers discussed in class, assessed on their understanding of the research question, methods, and main results. In addition, voluntary coding assignments may be submitted for extra points. Non-Attending Students: 1) Written examination – 100% of the final grade The written examination consists of conceptual questions on the models, methods, and empirical findings discussed during the course; all of the material needed to answer them is contained in the slides provided by the instructor. Answers are evaluated on the basis of clarity, completeness, accuracy, and the ability to apply economic reasoning. The written examination must be passed in order to pass the module.