Fundamentals of Economy and Bioethics
A.Y. 2024/2025
Learning objectives
Principles of Economics is aimed at providing the basic elements of knowledge of the economic methodology and theory. The program of the course will cover both elements of microeconomics and macroeconomics, to understand the individual and collective economic behaviour. Bioethics is aimed at deepening issues related to the ethics and innovation in the biotech sector. The Exercise module aims to deepen the management aspects of innovative firms in the biotechnology sector, thanks to an application approach that focuses on the programming, creating and managing of the innovations, with insights related to the conception of business plans as part of start-up.
Expected learning outcomes
At the end of the course the student will be able to understand about the main microeconomic and macroeconomic mechanisms of the markets for goods and services and will know how the innovative firms operate in the market. Furthermore, the student will be able to understand the debate on bioethics and bioeconomics applied to the biotechnology sector.
Lesson period: First semester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course can be attended as a single course.
Course syllabus and organization
Linea AK
Responsible
Lesson period
First semester
Course syllabus
1. Principles of Economics (24 hours)
1.1 Microeconomics
Fundamental principles of economics
Theory of Supply and Demand
Market equilibrium
Elasticity of Supply and Demand
Production function and costs
Consumer and enterprise choice theory
Market structures
Externalities and market failures
Income inequality and poverty
1.2 Macroeconomics
Gross national product
Economic system income and expenditure
Unemployment
Money and the banking system
Macroeconomic and fiscal policies
1.3 Firms' innovation and management
Administration and management
Corporate Social Responsibility and Sustainable Economy
Innovation of biotech firms
2. Exercises (16 hours)
Exercises in comparative statics
Evaluation of strategic business performance
The economic organisation of an analysis laboratory
Marketing principles
3. Bioethics (16 hours)
Patents and biotech innovations
The role of biotechnology in Italy and Europe
Research ethics and bioethics
Communication of results of biotech scientific research
Bioethics and biotechnology in animal and environmental sectors
1.1 Microeconomics
Fundamental principles of economics
Theory of Supply and Demand
Market equilibrium
Elasticity of Supply and Demand
Production function and costs
Consumer and enterprise choice theory
Market structures
Externalities and market failures
Income inequality and poverty
1.2 Macroeconomics
Gross national product
Economic system income and expenditure
Unemployment
Money and the banking system
Macroeconomic and fiscal policies
1.3 Firms' innovation and management
Administration and management
Corporate Social Responsibility and Sustainable Economy
Innovation of biotech firms
2. Exercises (16 hours)
Exercises in comparative statics
Evaluation of strategic business performance
The economic organisation of an analysis laboratory
Marketing principles
3. Bioethics (16 hours)
Patents and biotech innovations
The role of biotechnology in Italy and Europe
Research ethics and bioethics
Communication of results of biotech scientific research
Bioethics and biotechnology in animal and environmental sectors
Prerequisites for admission
No prior knowledge is required.
Teaching methods
Attendance mode: strongly recommended.
Teaching methods: frontal teaching and exercises
Teaching methods: frontal teaching and exercises
Teaching Resources
o J. Sloman, D. Garratt, Elementi di economia, Il Mulino
o P. Krugman, R. Wells, L'essenziale di Economia, Zanichelli
o Mankiw N. G., Taylor M. P. (2015). Principi di Economia, Zanichelli, Bologna
· Tallacchini M., Terragni F. (2004). Le biotecnologie. Aspetti etici, sociali e ambientali, Mondadori Bruno
· Lectures' Slides
o P. Krugman, R. Wells, L'essenziale di Economia, Zanichelli
o Mankiw N. G., Taylor M. P. (2015). Principi di Economia, Zanichelli, Bologna
· Tallacchini M., Terragni F. (2004). Le biotecnologie. Aspetti etici, sociali e ambientali, Mondadori Bruno
· Lectures' Slides
Assessment methods and Criteria
The exam is writing in a 60-minute session. The exam is made up of open questions, multiple choice questions and exercises. The maximum score for the correct answer is indicated for each question.
AGR/01 - AGRICULTURAL ECONOMICS AND RURAL APPRAISAL - University credits: 1
IUS/01 - PRIVATE LAW - University credits: 1
IUS/04 - BUSINESS LAW - University credits: 1
MED/02 - MEDICAL HISTORY - University credits: 2
SECS-P/06 - APPLIED ECONOMICS - University credits: 1
IUS/01 - PRIVATE LAW - University credits: 1
IUS/04 - BUSINESS LAW - University credits: 1
MED/02 - MEDICAL HISTORY - University credits: 2
SECS-P/06 - APPLIED ECONOMICS - University credits: 1
Practicals: 16 hours
Lessons: 40 hours
Lessons: 40 hours
Professors:
Baragetti Andrea, Gaviglio Anna Antonia Maria
Linea LZ
Responsible
Lesson period
First semester
Course syllabus
1. Principles of Economics (24 hours)
1.1 Microeconomics
Fundamental principles of economics
Theory of Supply and Demand
Market equilibrium
Elasticity of Supply and Demand
Production function and costs
Consumer and enterprise choice theory
Market structures
Externalities and market failures
1.2 Pharmacoeconomics
Definition and purpose.
The health market.
Health technology assessment (HTA).
Pharmacoeconomic evaluation: pharmacoeconomic techniques (cost-effectiveness analysis, cost-utility analysis).
2. Exercises (16 hours)
Exercises in comparative statics
The economic organisation of an analysis laboratory
3. Bioethics (16 hours)
Patents and biotech innovations
The role of biotechnology in Italy and Europe
Research ethics and bioethics
Communication of results of biotech scientific research
Bioethics and biotechnology in animal and environmental sectors
1.1 Microeconomics
Fundamental principles of economics
Theory of Supply and Demand
Market equilibrium
Elasticity of Supply and Demand
Production function and costs
Consumer and enterprise choice theory
Market structures
Externalities and market failures
1.2 Pharmacoeconomics
Definition and purpose.
The health market.
Health technology assessment (HTA).
Pharmacoeconomic evaluation: pharmacoeconomic techniques (cost-effectiveness analysis, cost-utility analysis).
2. Exercises (16 hours)
Exercises in comparative statics
The economic organisation of an analysis laboratory
3. Bioethics (16 hours)
Patents and biotech innovations
The role of biotechnology in Italy and Europe
Research ethics and bioethics
Communication of results of biotech scientific research
Bioethics and biotechnology in animal and environmental sectors
Prerequisites for admission
No prior knowledge is required.
Teaching methods
Attendance mode: strongly recommended.
Teaching methods: frontal teaching and exercises
Teaching methods: frontal teaching and exercises
Teaching Resources
o J. Sloman, D. Garratt, Elementi di economia, Il Mulino
o P. Krugman, R. Wells, L'essenziale di Economia, Zanichelli
o Mankiw N. G., Taylor M. P. (2015). Principi di Economia, Zanichelli, Bologna
· Tallacchini M., Terragni F. (2004). Le biotecnologie. Aspetti etici, sociali e ambientali, Mondadori Bruno
· Slides
o P. Krugman, R. Wells, L'essenziale di Economia, Zanichelli
o Mankiw N. G., Taylor M. P. (2015). Principi di Economia, Zanichelli, Bologna
· Tallacchini M., Terragni F. (2004). Le biotecnologie. Aspetti etici, sociali e ambientali, Mondadori Bruno
· Slides
Assessment methods and Criteria
The exam is a written test, made up of open questions, multiple choice questions and exercises. The maximum score for the correct answer is indicated for each question.
AGR/01 - AGRICULTURAL ECONOMICS AND RURAL APPRAISAL - University credits: 1
IUS/01 - PRIVATE LAW - University credits: 1
IUS/04 - BUSINESS LAW - University credits: 1
MED/02 - MEDICAL HISTORY - University credits: 2
SECS-P/06 - APPLIED ECONOMICS - University credits: 1
IUS/01 - PRIVATE LAW - University credits: 1
IUS/04 - BUSINESS LAW - University credits: 1
MED/02 - MEDICAL HISTORY - University credits: 2
SECS-P/06 - APPLIED ECONOMICS - University credits: 1
Practicals: 16 hours
Lessons: 40 hours
Lessons: 40 hours
Professors:
Baragetti Andrea, Casula Manuela
Educational website(s)
Professor(s)
Reception:
by appointment (email)
Dipartimento di Scienze Farmacologiche e Biomolecolari "Rodolfo Paoletti", via Balzaretti 9, Milano