Principle of Economics and Statistics
A.Y. 2020/2021
Learning objectives
The educational objective of the course is to provide students to jargon and basic principles of economics and statistical sciences. In specific, the Economics module of the course aims the partecipants to acquire the knowledge of the laws describing behaviour and interaction among economic agents (families and firms) mainly at micro level (microeconomics) with a short outline at aggregated level (macroeconomics). The Statistics module of the course is aimed to provide students with knowledge in descriptive statistics, and partially of inferential statistics.
Expected learning outcomes
At the end of the course the students will be able to understand the contents of economic publications with reference to the problems of production, consumption and dynamics of agricultural and food product markets. Students will be able to correctly represent and read statistical information in tabular and graphical form.
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
If it is not possible to carry out the lectures in the classroom, these will be held in synchronous online mode, through the Microsoft Teams platform. The lessons held synchronously will be recorded and made available on the Ariel website of the course. Depending on the availability of the classrooms, there will also be moments of exchange/ review and answer to students' questions, in presence.
Course syllabus
Short course description
THE COURSE WILL BE DELIVERED IN ITALIAN
Economics Consumption and demand: Consumer optimum; demand elasticity. Markets and their adjustments over time. Production and supply: function and factors of production, scale economies, production costs, supply curve, profit maximisation (primal form). Market equilibrium and market strucures: perfect competition, monopoly, monoplistic competition and oligopoly.
Statistics: language of statistics; graphical representation of data; numerical description of data; bivariate data analysis; probability; random variables and probability distribution; confidence intervals, hypothesis testing; Test on a single population.
THE COURSE WILL BE DELIVERED IN ITALIAN
Economics Consumption and demand: Consumer optimum; demand elasticity. Markets and their adjustments over time. Production and supply: function and factors of production, scale economies, production costs, supply curve, profit maximisation (primal form). Market equilibrium and market strucures: perfect competition, monopoly, monoplistic competition and oligopoly.
Statistics: language of statistics; graphical representation of data; numerical description of data; bivariate data analysis; probability; random variables and probability distribution; confidence intervals, hypothesis testing; Test on a single population.
Prerequisites for admission
Knowledge of linear algebra and analytical geometry: percentage variations, representation of a straight line on a Cartesian plane (knowing the equation of the straight line itself) resolution of a system of two equations with two unknowns.
Suggested preparatory courses: The attendance of the course and the preparation of the exam of calculus are strongly recommended. However, it is not necessary to have passed this exam to attend the course of economics and statistics
Suggested preparatory courses: The attendance of the course and the preparation of the exam of calculus are strongly recommended. However, it is not necessary to have passed this exam to attend the course of economics and statistics
Teaching methods
THE COURSE WILL BE DELIVERED IN ITALIAN
For the economics part: lectures (in classroom or online), which will include both the theoretical part and the resolution of questions and exercises similar to those, proposed during the written test.
For the statistics part: Lectures (in classroom or online) which will deal with the theoretical aspects of the subject, completed with sessions (in classroom or online), with the resolution of questions and exercises similar to those proposed during the written test.
Attendance to the course is not mandatory, although recommended.
For the economics part: lectures (in classroom or online), which will include both the theoretical part and the resolution of questions and exercises similar to those, proposed during the written test.
For the statistics part: Lectures (in classroom or online) which will deal with the theoretical aspects of the subject, completed with sessions (in classroom or online), with the resolution of questions and exercises similar to those proposed during the written test.
Attendance to the course is not mandatory, although recommended.
Teaching Resources
TEXTBOOKS FOR THE PART OF ECONOMICS (textbooks are in Italian)
Sloman J., Wride A., Garratt D. (8th edition, 2012 and subsequent), Microeconomia, Pearson
Sloman J. Garratt D. (2010 and subsequent). Microeconomia, Il Mulino, Bologna.
TEXTBOOK FOR THE PART OF STATISTICS (the textbook is in Italian)
Pelosi M. K. e Sandifer T. M. (2009 and subsequent). Introduzione alla Statistica, McGraw-Hill.
ADDITIONAL TEACHING MATERIAL (In Italian) available on the online platform ARIEL 2.0 for this course (http://ees.ariel.ctu.unimi.it/v3/home/Default.aspx)
Sloman J., Wride A., Garratt D. (8th edition, 2012 and subsequent), Microeconomia, Pearson
Sloman J. Garratt D. (2010 and subsequent). Microeconomia, Il Mulino, Bologna.
TEXTBOOK FOR THE PART OF STATISTICS (the textbook is in Italian)
Pelosi M. K. e Sandifer T. M. (2009 and subsequent). Introduzione alla Statistica, McGraw-Hill.
ADDITIONAL TEACHING MATERIAL (In Italian) available on the online platform ARIEL 2.0 for this course (http://ees.ariel.ctu.unimi.it/v3/home/Default.aspx)
Assessment methods and Criteria
Assessment methods and criteria: Verification of learning objectives will take place through a written test covering both the economics and statistics programs. THE WRITTEN TEST WILL BE DELIVERED IN ITALIAN. For each of the two parts there are dichotomous answer questions (true / false) and multiple choice questions. For dichotomous answer questions and multiple-choice questions, wrong answers do not result in a negative score. If it is possible to take the written exams in attendance, the exam will contain, in addition to the questions, exercises. The assessment assigned to the exercises will take into account the correctness of the contents, the consistency of the answers provided with respect to to the questions asked, and the nature of the errors made during the exercise. The final mark, expressed in thirtieths, is the sum of the points obtained in the economics and statistics sections. The duration of the written exam in economics and statistics will depend on the possibility of taking the written exam in the presence, or electronically. This time can be increased for those students who are entitled to compensatory measures.
AGR/01 - AGRICULTURAL ECONOMICS AND RURAL APPRAISAL - University credits: 8
Practicals: 16 hours
Lessons: 56 hours
Lessons: 56 hours
Professor:
Cavicchioli Daniele
Professor(s)
Reception:
by appointment
Department of Environmental Science and Policy (Via Celoria, 2; 3rd floor)