Academic year: 2025-26
Course: Foundation Course Science/ Humanities
Credits: 3
Period: Second semester
Number of hours: 24
Teacher(s): Rios Ibanez Vicente vicente.rios@unipi.it
Language of instruction: English
1. Introduction to Economics: tools, core concepts, and economic reasoning
2. Gains from Trade and Comparative Advantage
PART 2. How markets work
3. Supply and Demand: market forces and equilibrium
4. Elasticity of Demand and Supply and Applications
5. Market Equilibrium, Elasticity, and Government Intervention
PART 3. The Data of Macroeconomics and the Economy in the Long Run
6. Measuring Economic Activity: GDP and Inflation
7. Money, Inflation, and Interest Rates
8. Measuring Inflation, Growth, and Technological Progress
PART 4. Short Run Economic Fluctuations
9. Aggregate Demand–Aggregate Supply (AD–AS) Framework
10. Fiscal Policy, Monetary Policy, and Economic Fluctuations
PART 5. The micro and macroeconomics of labor markets
11. The Labor Market: labor demand, labor supply, wage determination, frictions, and unemployment