Economics

The course offers students an introduction to the basic principles of microeconomics and macroeconomics, providing the skills needed to analyze economic issues and economic policies at the center of public debate, both nationally and internationally.

At the end of the course, the student will be able to master the fundamental language of political economy and understand and analyze: consumer choice, market functioning through supply and demand, and price formation processes; major economic aggregates, such as unemployment, inflation, and gross domestic product; the purposes and effects of fiscal and economic policies in closed economy settings; and the determinants of the business cycle. He/she will also be able to effectively understand, analyze and present data on economic variables. The course will provide the analytical tools to interpret the functioning of modern market economies, enabling the student to discuss and critically evaluate the effects of various economic policies.