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Teacher
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Perelli Chiara
(syllabus)
The course covers the following topics:
1. Economic policy and its objectives a. Economic policy and conflict b. The normative theory of economic policy c. Fundamentals of welfare economics d. The identification of collective goals according to the "new welfare economy" e. Micro and macro economic objectives
2. Microeconomic policies to correct market failures a. Market power b. Antitrust policies c. The externalities d. Public goods e. Assets of merit/demerit and informational asymmetries
3. Redistributive policies a. Income distribution and social welfare b. The welfare state c. Regional policies
4. Macroeconomic policies a. The regimes of macroeconomic imbalance b. Basic models for macroeconomic analysis c. Fiscal policy d. Monetary policy e. The Phillips curve and labour market policies
(reference books)
Cellini R., Politica economica: introduzione ai modelli fondamentali. Terza edizione. McGraw Hill, 2019. Chapters: 1-8, 10 (paragraphs 10.1 and 10.2), 11-13, 15-17, 18 (paragraphs 18.1-18.4), 19 (paragraphs 19.1-19.3 and 19.5), and 21 (paragraphs 21.1, 21.4, and 21.7).
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