PRINCIPLES OF POLITICAL ECONOMY
Learning outcomes of the course unit
Knowledge and understanding
The student will be able to use basic concepts of economic analysis with special reference to the market economy.
Applying knowledge and understanding
The student will be able to discuss with sound terminology and arguments aspects of the market economy, as, for example, market prices, negative externalities, the GDP as an indicator of well-being.
At the end of the course students will be able to identify economic aspects of some social problems
Course contents summary
The course has as its object the basic elements of economic analysis. The syllabus develops the following two issues 1) the market economy 2) the indicators of the results of the market economy
N.G. Mankiw, M.P. Taylor , Essential of economics, V ed
Assessment methods and criteria
Written and oral examination
The knowledge, understanding and ability to communicate are assessed with a written test with three questions. After having passed the test the oral examination enables the student to explore the topics addressed in the written test