Microeconomics and Macroeconomics

In line with the general objectives of the Degree Course in Labour and Management (LAM), this course aims to develop knowledge on the main themes and instruments of microeconomic and macroeconomic analysis.

The first module provides the basics of microeconomics so that students can understand the basics mechanism of consumption and production theory and the competitive market framework.
The second module provides the instruments of macroeconomics analysis: ISLM model of income determination and the role of fiscal and monetary policy.

At the end of the course, students will master: the theory of consumption; the theory of production; perfect competition, monopoly and oligopoly; model of income and employment determination in the short term; medium term analysis of inflation and income fluctuations; long term growth determinants.