Essentials of Economics
A.Y. 2020/2021
Learning objectives
The aim of the course is to introduce students to basic concepts of economic analysis, ie the study of the determinants of economic decisions of individuals and organizations, and a first knowledge of agricolture and agribusiness by applied instances
Expected learning outcomes
Knowledge of economic language, method and basic: understanding of articles, essay and debate about economic themes (growth, price, etc.)
Knowledge and use of the main tools for economic assessment
Knowledge and use of the main tools for economic assessment
Lesson period: Second semester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Responsible
Lesson period
Second semester
The lessons will be held on Microsoft Teams platform and can be followed both synchronously (see the semester schedule) and asynchronously (available on the same platform and / or on ARIEL website).
Some lessons, situation permitting, will be in presence. The methods and criteria for participating in face-to-face lessons, which require a reservation with a special app, will be published in time on the Ariel pages of teaching, as well as notices relating to any update related to the evolution of Covid-19 legislation.
Program and reference material
The program and reference material will not be affected.
Methods for verifying learning and evaluation criteria
The exam will be held orally using the Microsoft Teams platform
Some lessons, situation permitting, will be in presence. The methods and criteria for participating in face-to-face lessons, which require a reservation with a special app, will be published in time on the Ariel pages of teaching, as well as notices relating to any update related to the evolution of Covid-19 legislation.
Program and reference material
The program and reference material will not be affected.
Methods for verifying learning and evaluation criteria
The exam will be held orally using the Microsoft Teams platform
Course syllabus
Introduction: Object and method of economic science; definition of needs and goods, the line of production possibilities. Elements of Microeconomics - Supply and demand of goods, pricing, market equilibrium. - Demand theory: marginal utility, indifference curves, budget line and consumer optimum; derivation of the demand curve with respect to price and income. - Definition and measurement methods of demand elasticity. - Free Markets; markets with controlled prices: setting of maximum and minimum prices. - Production theory: production function, factors of production, law of decreasing returns, isoquants and isocost of production, economies of scale. - Supply theory: production costs (definition and interrelationships), fixed and variable costs, firm and market supply curve, supply elasticity. - Revenues and profit maximization. Notes on investment theory - Balance and market forms: perfect competition, monopoly, oligopoly, monopolistic competition. - Microeconomics applications: agricultural markets and innovation. - Market failures and public intervention
Prerequisites for admission
no special prerequisites are necessary.
Teaching methods
The didactic approach includes: frontal lessons supplemented by practical examples
Teaching Resources
Sloman J., Elementi di economia, Il Mulino Airoldi G., Brunetti G., Coda V., Vitale A., Ferrazzi G., Mendolia F., Manuale di economia, gestione e legislazione delle imprese di ristorazione,2018 ed. Franco Angeli; Corso di Economia Aziendale, ed il Mulino Favotto F., Economia aziendale, modelli, misure, casi, McGraw-Hill, Milano Fontana F., Caroli M.,
Slide provided by the teacher during the course will be made available on the ariel website.
Economia e gestione delle imprese, ed. McGraw-Hill
Slide provided by the teacher during the course will be made available on the ariel website.
Economia e gestione delle imprese, ed. McGraw-Hill
Assessment methods and Criteria
The exam is written + oral. The written test is articolate in open and closed answers on the topics covered during the course. Upon passing the written part, a short interview will take place which will contribute to the formation of the final mark
AGR/01 - AGRICULTURAL ECONOMICS AND RURAL APPRAISAL - University credits: 6
Lessons: 48 hours
Professor:
Ferrazzi Giovanni
Professor(s)
Reception:
Please send an e-mail to make an appointment.
Dipartimento di Scienze e Politiche Ambientali (via Celoria, 2)