This course is structured in two modules that will be taught in parallel during the semester.
The first module deals with microeconomics, i.e. the set of tools economists use to study the choices made by individuals in their roles of consumers, employees, investors and business managers and the effects of individual choices on market outcomes. Both modules require an active learning approach by students with a recurrent alternance among the three fundamental languages of economic discourse: verbal/ordinary; graphical/numerical; analytical/algebraical.
The second module deals with the fundamental macroeconomics models, and their ability to interpret the real-world economic phenomena. The topics addressed by the instructor include the factors affecting changes in aggregate variables, such as GDP, unemployment rates, aggregate demand, interest rates, price levels, and so on, in the context of contemporary monetary market economies.
