13758 POLITICAL ECONOMICS in Business Administration L-18 BRANCA Giacomo
(syllabus)
Topics:
1. The foundations of economic policy a. Justification of the public intervention b. Market failures c. Institutions' decision criteria d. The evaluation of economic policies
2. Economic policy in an imperfect world
3. Main macroeconomic policies in an open economy a. Budgetary policy b. Monetary policy and financial stability c. Tax policy d. Labor policies
(reference books)
Cellini R., Economic Policy: Introduction to Fundamental Models. Third edition. McGraw Hill, 2019. Chapters: 1-8 (excluding the mathematical proofs on externalities and the Coase theorem); 10 (sections 10.1 and 10.2); 11-13; 15-17; 18 (sections 18.1-18.4); 19 (sections 19.1-19.3 and 19.5); 21 (sections 21.1, 21.4, 21.7); 23 (excluding the mathematical proof of the Marshall-Lerner condition); 24 (excluding section 24.6).
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