universitÀ degli studi di paviaeconomia.unipv.it/vecchie guide/undergraduate_courses... · web...
TRANSCRIPT
UNIVERSITÀ DEGLI STUDI DI PAVIA
Facoltà di Economia
ECTS Course Cataloguefor
FOREIGN STUDENTS
UNDERGRADUATE COURSES
Academic year 2010-2011INDICE
1
GENERAL INTRODUCTION.......................................................................3GENERAL DESCRIPTION OF THE FACULTY OF ECONOMICS....................4THE DEAN’S INTRODUCTORY STATEMENT....................................................6
ACADEMIC SUPPORT AND SERVICES...........................................8ACADEMIC ORGANIZATION.................................................................11
DEPARTMENTS.......................................................................................................13ACADEMIC CALENDAR 2010-2011.................................................................22FINAL DISSERTATION SCHEDULE....................................................................23USEFUL CONTACTS..............................................................................................23INTERNATIONAL RELATIONS.............................................................................24
COURSES DESCRIPTION.........................................................................26
2
GENERAL INTRODUCTION
3
GENERAL DESCRIPTION OF THE FACULTY OF ECONOMICS
Faculty
The Faculty of Economics is located in the ancient monastery of San Felice, which was founded in the 8th century AD by the last Longobard King, Desiderio, and his wife Ansa. Gradual restoration of the monastery buildings is under way, and Faculty students already have access to the highly distinctive reading room, which used to be the monastery’s church. Two finely decorated medieval tombs were found inside the church in 1996; one of the tombs contained the earthly remains of the Abbess Ariperga. The room also houses graduation ceremonies. The Faculty Library, which ceilings are decorated with medieval bas-reliefs and frescos, is also situated in the monastery premises.
HistoryThe Faculty of Economics is heir to the original Italian schools of commerce, which were founded in the second half of the 18th century, and subsequently transformed into the various Faculties of Economics and Commerce. This title was given to the Faculty that was founded in Pavia in 1964, and it remained thus until very recently. By today’s standards, the Faculty’s initial educational goals were limited, and graduates were prepared for 2 broad career paths: one in the traditional professions, i.e. managerial positions in banks and other for-profit companies, with an emphasis on commerce and related procedures; the other in the public sector, which required particular competence in law and accounting. Subsequently, the constant burgeoning of world-wide markets, the rapid development of financial markets and the expansion of new information and communication technologies multiplied the professional profiles required by Faculty graduates. In addition to changing its name, the Faculty has faced the need to adapt itself to the new requirements, and hence to diversify the training it offers. Accordingly, and in alignment with the transformations affecting all companies, new three-year undergraduate degree courses, such as Marketing & E-Business, were added to the more general and traditional ones, namely Economics and Enterprise Economics. At the same time, the general and interdisciplinary nature of the Faculty has not been obscured. Over the 3-year undergraduate period, the Faculty offers a general education in the basic notions of Macroeconomics,
4
Microeconomics, Management, Mathematics, Statistics, History and Law.Address:
Via S.Felice 7 – Pavia – tel +39-0382/986201 reception
5
THE DEAN’S INTRODUCTORY STATEMENT
The so-called “Bologna process”, aiming at harmonizing higher education systems in Europe, has promoted a strong effort of internationalization in Italian Universities, that started developing academic curricula, specifically devised to allow integrated mobility programs promoting competition and equal opportunities between students and graduates in all European countries. With regards to the Italian experience, at present a little less than 50% of foreign students are concentrated in the Universities of Lombardy. The Faculties of Economics in the region are at the top of the place-list of faculties with the highest attendance of foreign students. In particular, the Faculty of Economics at the University of Pavia records a share of enrolled foreign students greater than 10%, thanks to the combined attraction of this field of academic studies and the peculiar features of the University town, described below in more detail. The international opportunities successfully offered by the Faculty of Economics until now, besides the traditional LLP-Erasmus and Erasmus placement projects, are the ISEP (International Student Exchange Program), the EMBS (European Master of Business Sciences) program and the double- degree program, jointly operated with renowned European higher education institutions. Starting from the academic year 2009/2010 the Faculty will offer a new opportunity for both Italian and foreign students: a graduate course (Laurea Magistralis, substantially equivalent to an anglo-saxon M.Phil. course) labelled «International Business and Economics», entirely taught in English. This course possesses all the requisites of a solidly founded international academic proposal addressed to students wishing to improve their knowledge of business and economic studies at the graduate level. Indeed the first pre-requisite for the success of higher education initiatives is represented by a course of studies in line with internationally accepted qualitative standards, integrated in a network of foreign Universities. In this perspective the University of Pavia belongs to the prestigious Coimbra Group of oldest European Universities and can boast a wide variety of cooperation agreements with more than 500 Universities and research centres around the world. The second pre-requisite for success of international programs is the existence of peculiar reception capabilities of the local University structures. In this perspective the University of Pavia can rely upon a network of 15 historical colleges, which can host foreign students and teachers, contributing to promote a multi-disciplinary and multi-cultural environment and facilitating formal and informal meetings between people designed to enrich their academic
6
experience. Moreover in 2005 the IUSS (Institute for Advanced Studies) was created to offer talented young students the opportunity to widen their specific academic curriculum with additional courses, seminars and other educational activities. Hence the 9 academic Faculties, the colleges and the IUSS constitute an integrated system of University structures, both at the undergraduate and graduate level, almost unique in the Italian panorama. And finally, last but not least, the reception capability of the town of Pavia is relevant for the success of higher education initiatives, because the learning experience of students during their University studies is based not only on the notions and skills learnt, but also on the development of social, interpersonal relationships and the development of a wide spectrum of cultural and interdisciplinary interest (as the original term Universitas Studiorum actually means). In this perspective, the town of Pavia, located only a few miles away from Milan and its airports, with its historical heritage, its cultural opportunities, its cultural and social events and its excellent quality of life represents an unrivalled place for University studies. In conclusion I believe that the above described features of the University of Pavia ensure that the new-born graduate course in «International Business and Economics» will fulfill the expectations of foreign students aiming to improve their business or advanced economics studies in Pavia and will contribute to promote and expand the international dimension of our Faculty.
Prof. Carluccio BianchiDean of the Faculty of Economics
University of Pavia
7
ACADEMIC SUPPORT AND SERVICES
8
Computer roomsCoordinator: Dr. Annalisa Golfredistudents can use the two computer rooms and wireless Internet connection for laptops. In order to access the computer rooms and the wireless Internet connection, the student has to show to the Faculty personnel a document that states that he/she has registered for one or more of the courses offered by the Faculty. All computers are connected to the Faculty server, and students have access to e-mail, Internet, laser printers and a scanner. The computers have software for word-processing, spreadsheets, database, and presentations, as well as specialized software for statistics, econometrics and mathematics. Opening hours: Monday - Thursday 9.30/17.30Friday 9.30/13.30Aula DOS Via S. Felice 7- basementAula Informatica Via S. Felice 7 – courtyard (ground floor)
Web sitesUniversity site: http://www.unipv.itFaculty of Economics: http://economia.unipv.it/portale/
LibraryThe Faculty of Economics Library contains about 40,000 volumes and 300 periodicals related to the fields of economics, politics, management, econometrics, statistics, mathematics and law. Most of the books are placed on open bookshelves. Users have freely access to the material after having left bags and folders in the lockers at the entrance of the library. For a limited number of special volumes, users have to deposit their identity card to the librarian. Periodicals, statistics, encyclopedias, dictionaries, codes and other special publications can not be taken out of the library. There are two catalogues and an on-line catalogue at users’ disposal.
Via S.Felice 7 - courtyard (ground floor)Tel. Info and Loans +39 0382 986262Administration +39 0382 986260Librarians +39 0382 986261Dean’s Office +39 0382 986259
9
E-mail: [email protected]
Lecture roomsMAIN BUILDING - Via S.Felice 727100 PaviaOpening hours: Monday - Friday 8.30/23.00
Support Services for Physically disabled students Servizio Assistenza e Integrazione Studenti Disabili (S.A.I.S.D.)Address: Palazzo del Majno – P.zza Leonardo da Vinci.Tel: +39 0382 984953Fax: +39 0382 984954E-mail: [email protected]
10
ACADEMIC ORGANIZATION
11
Preliminary Mathematic course
Degree inMANAGEMENT
Degree inECONOMIA
a) Economia dei mercati finanziarib) Economia dei mercati internazionalic) Economia e strategie di mercato
Degree inAMMINISTRAZIONE,
CONTROLLO E FINANZA AZIENDALE
Degree inECONOMIA E
GESTIONE DELLE IMPRESE
a) Managementb) Management dei servizic) Organizzazione e risorse umaned) Banca e finanza aziendale
Degree inECONOMIA E
LEGISLAZIONE D’IMPRESA
a) Amministrazione, finanza e controllob) Governance, controllo e revisione
Degree inECONOMIA, FINANZA E
INTEGRAZIONE INTERNAZIONALE
a) Economia dei mercati finanziarib) Economia e strategie di mercatoc) Integrazione economica internazionale
Degree inINTERNATIONAL BUSINESS AND
ECONOMICS
a) International business and managementb) Advanced economics
DEPARTMENTS
Department of
Political Economics and Quantitative Methods
12
High School
Entry test
First Level Degree
Second Level Degree (Laurea Magistralis)
Enrollment in First Level Degree
Enrollment in Second Level Degree
MAP OF THE AVAILABLE DEGREES
Via San Felice, 5 – tel. +39 0382/986208 – fax +39 0382/304226Director: Prof. Guido Ascari
Prof. Guido Ascari, Full Professor of Political EconomicsProf. Margherita Balconi, Full Professor of Applied Economics – Faculty of Engineering Prof. Paolo Bertoletti, Full Professor of Economics Prof. Alberto Cavaliere, Full Professor of Public Economics Prof. Carluccio Bianchi, Full Professor of Political EconomicsProf. Guido Consonni, Full Professor of StatisticsProf. Giorgio Giorgi, Full Professor of General Mathematic Prof. Guido Montani, Full Professor of International EconomicsProf. Giorgio Rampa, Full Professor of Political Economics Prof. Lorenzo Rampa, Full Professor of Political EconomicsProf. Pietro Rigo, Full Professor of Probability and Statistic for MathematicsProf. Giovanni Vaggi, Full Professor of Development Economics Prof. Luisa Rosti, Full Professor of Labour EconomicsProf. Maria Elena De Giuli, Associate Professor of Financial Mathematics Prof. Andrea Fumagalli, associate Professor of Political EconomicsProf. Antonio Lijoi, associate Professor of StatisticsProf. Elena Molho, associate professor of General Mathematics Prof. Eduardo Rossi, associate professor of EconometricsDott. Elisa Caprari, Researcher of Mathematical Methods for EconomicsDott. Carolina Castagnetti, researcher of Econometrics Dott. Roberto Fontana, researcher of Applied Economics – Faculty of EngineeringDott. Mario Maggi, researcher of Mathematical Methods for EconomicsDott. Lorenza Rossi, researcher of Political economicsDott. Matteo Ruggiero, researcher of Statistic Dott. Claudia Tarantola, researcher of Statistic
Department of Business Studies “Riccardo Argenziano”Via San felice, 5 – tel. +39 0382/986229 – fax. +39 0382/ 986228
Director: Prof. Vittorio Vaccari
Prof. Paolo Benazzo, Full professor of commercial law Prof. Gabriele Cioccarelli, Full professor of Business Organization
13
(sabbatical year)Prof. Fulvio Francavilla, Full professor of Mathematical Methods for Economics and Actuarial and Financial ScienceProf. Adele Colli Franzone, Associate professor of Financial MathematicsProf. Enrico Cotta Ramusino, Full Professor of Corporate FinanceProf. Matteo Mattei Gentili, Full Professor of Economics of Intermediate FinancialProf. Piero Mella, Full Professor of Business managementProf. Maria Rosa Meriggi, associate professor of Financial MathematicsProf. Enrico Perego, Full Professor of Private LawProf. Luigi Rinaldi, Full Professor of Applied General Accounting Prof. Vittorio Vaccari, Full Professor of Commodities Science Prof. Dario Velo, Full Professor of Business ManagementProf. Antonella Zucchella, Full Professor of MarketingProf. Carla Cattaneo, Associate Professor of Business Management Prof. Martino Colucci, associate professor of Administrative LawProf. Maria Elena Gennusa, associate Professor of Constitutional Law Prof. Antonio Majocchi, associate professor of International Business and ManagementProf. Maria Sassi, associate professor of Rural Estimationd and EconomicsProf. Carlo Bruno Vanetti, associate professor of bankruptcy law Dott. Quirino Camerlengo, researcher of Public Law InstitutionsDott. Antonio Colleoni, researcher of commercial lawDott. Matteo Dellacasa, researcher of private lawDott. Alberto Francesconi, researcher of Business organizationDott. Pietro Gottardo, researcher of Corporate financeDott. Maurizio Ettore Maccarini,researcher of Business StudiesDott. Giancarlo M. Malvestito, researcher of Business ManagementDott. Marco Manera, researcher of Taxation lawDott. Anna Moisello, researcher of Business Studies Dott. Michela Pellicelli, researcher of Business Studies Dott. Pietro Previtali, researcher of business organizationDott. Stefano Santucci, researcher of Business StudiesDott. Francesco Sotti, researcher of Business StudiesDott. Francesco Velo, researcher of Business Management
Department of Modern Language and LiteratureStrada Nuova, 10c – tel. +39 0382/984501Ufficio Informazioni (Tedesco) – tel. +39 0382/984509Ufficio Informazioni (Francese - Spagnolo) – tel. +39 0382/984514
14
Dott. Elena Montagna, researcher of English Language
Department of History and Geography Science “Carlo M.Cipolla”Piazza del Lino, 1 – tel. +39 0382/984645 – fax +39 0382/984744
Prof. Giovanni Vigo, full professor of Economic HistoryProf. Mario Rizzo, associate of Economic HistoryDott. Renzo P. Corritore, researcher of Economic History
Department of Social and political StudiesVia Luino, 12 – tel. +39 0382/33983
Prof. Maria Rita Rampazi, associate of Sociology
15
UNDERGRADUATE COURSES AND LECTURERS
LECTURER QUAL. COURSES TEL. 0382/ E-MAILAscari G. PO Macroeconomia (A-K) 98-6211
Macroeconomics (A-K) [email protected] P. PO Diritto Commerciale (A-K)
Commercial Law (A-K)[email protected]
Bertoletti P. PO Economia ed Organizzazione Industriale The economics of industrial organization
Bianchi C. PO Politica Economica Economic policy
Camerlengo Q.
R Diritto dell’EconomiaEconomic Law
98-6252
Diritto Pubblico e dell’EconomiaPublic and economic law
Cavaliere A. PO Economia Pubblica Public economics
98-6219 o [email protected]
Colleoni A. R Diritto Commerciale (L-Z) Commercial Law (L-Z)
Colli Franzone A.
PA Matematica Finanziaria (A-K) Financial mathematics (A-K)
Corritore R.P. R Storia Economica (CLACFA)Economic history
Cotta Ramusino E.
PO Economia e Gestione delle Imprese (L-Z) Business management (L-Z)
98-6241
[email protected] Giuli M.E. PA Matematica Finanziaria (L-Z)
Financial mathematics (L-Z)[email protected]
Dellacasa M. R Istituzioni di Diritto Privato (A-K) (L-Z)Fundamental principles of private law(A-K) (L-Z)
Francesconi A.
R 98-6424 Organizzazione Aziendale [email protected]
16
Organizational theory and design .it alberto.francesconi@uni
pv.itFumagalli A. PA Macroeconomia (L-Z)
Macroeconomics (L-Z) 98-6215 [email protected] M.E.PA Diritto Costituzionale
Constitutional law 98-6434 [email protected] G. PO Matematica Generale (L-Z)
Mathematics (L-Z)98-6238
Matematica per l'Economia e la FinanzaMathematics for economics and finance [email protected]
Gottardo P. PO Finanza Aziendale Corporate finance
Lijoi A. PA Probabilità e Statistica
Probability and statistics98-6220
Statistica (A-K) 2° moduloStatistics (A-K) (2nd part) [email protected]
Maggi M. R Economia Monetaria e dei Mercati Finanziari 2° moduloMonetary and financial economics (2nd part)
Majocchi Alberto
PO Scienza delle finanze Public finance
Mattei Gentili M.
PO Economia degli Intermediari Finanziari Financial institutions
Moisello A.M. R Economia Aziendale (A-K) 1° modulo Management (A-K) (1st part)
98-6247
Programmazione e Controllo Planning, programmino and controlling
Molho E. PA Matematica Generale (A-K) 98-6233 Mathematics (A-K) [email protected] E. R Lingua Inglese Introduzione (A-K) (L-Z)
English (I) (A-K) (L-Z)98-6200
17
Lingua Inglese Perfezionamento English (II)
Pellicelli M. R Economia Aziendale (L-Z) 1° modulo 98-6247 Management (L-Z) (1st part) [email protected]
nipv.itRampa L. PO Microeconomia (L-Z)
Microeconomics (L-Z)[email protected]
Rampazi M.R. R Sociologia Generale Sociology
98-4809
Teoria Sociologia Sociologic theory
Rigo P. PO Statistica (L-Z) ( 2° modulo )Statistics (L-Z) (2nd part)
Rinaldi L. PO Valutazione delle Aziende In anno sabatico
98-6243
Rizzo M. PA Storia Economica (CLEC)Economic History (CLEC)
98-4729
[email protected] E. PA Econometria
Econometrics 98-6207 [email protected]
Rosti L. PO Economia del LavoroLabour economics
98-6216 [email protected]
Ruggiero M. R Statistica (A-K) 1° moduloStatistics (A-K) (1st part)
Santucci S. R Bilanci Aziendali Corporate financial statements
98-6246
Economia Aziendale (L-Z) 2° moduloManagement (L-Z) (2nd part)
Sassi M. PA Economia e Gestione del Sistema Agroindustriale Agribusiness economics
Sotti F. R Economia Aziendale (A-K) 2° moduloManagement (A-K) (2nd part)
Tarantola C. R Statistica Sociale Statistics for social applications
Statistica (L-Z) ( 1° modulo)
18
Statistics (L-Z) (1st part)Vaccari V. PO Governo e Valorizzazione delle Risorse
NaturaliGovernance and valorization of natural resource
98-6250
[email protected] G. PO Economia dello Sviluppo 98-6222
Development economics [email protected]
Velo D. PO Economia e Gestione delle Imprese (A-K) Business management (A-K)
Zucchella A. PO Marketing Marketing
Marketing e FinanzaMarketing and finance
EXTERNAL LECTURERS LIST
LECTURER QUAL. COURSES TEL. 0382/ E-MAIL
Addolorato A. C Lingua Spagnola Introduzione Spanish (I)
Arlandini P. C Valutazione delle aziendeBusiness evaluation
Bernini Carri C. C 98-6240Mercati Internazionali dei Prodotti AgricoliInternational trade of agricultural product
Bidoggia E. C Diritto Tributario 1° ModuloTaxation law (1st part)
Cultrera G. C Lingua Francese Introduzione French (I)
Florio A. SE Economia Monetaria e dei Mercati Finanziari (I Modulo)Monetary and financial economics (1st part)
98-6215
[email protected] G. Held C Lingua Tedesca Introduzione [email protected]
19
German (I) Lucarelli S. C Storia del pensiero economico
History of economic thoughtMissaglia M. SE Economia Internazionale (2° modulo)
International economics (2nd part)[email protected]
Pezzoni S. C Conoscenze informatiche Computing knowledge
98-6249
Sistemi Informatici Information system
Rampa G. SEMicroeconomia (A-K)Microeconomics (A-K)
Tabellini P.M. C Diritto Tributario 2 ° moduloTaxation law (2nd part)
98-6255
Verona B. C Strumenti finanziari d’impresaFinancial instruments
COURSES HELD IN COLLEGES OR OTHER FACULTIESCOURSES YEAR SEM. ECTS LECTURER BUILDING
Economia internazionale 1° moduloInternational economics (1st part) 1 1 6 Missaglia Fac. Scienze
PoliticheFondazione dell’Italia Unita. Idee, istituzioni, protagonisti 2 6 Aimo Pietro Collegio
Borromeo
20
ACADEMIC CALENDAR 2010-2011
1° SEMESTER
from September, 1st (Wednesday) to October 2nd (Saturday) 2010: exams (2 sessions);
from October, 4th (Monday) to December, 22nd (Wednesday) 2010: 11-week courses plus 3 days for lessons of recovery, when necessary
Christmas Holidays: from December, 23rd (Thursday) 2010 to January, 6th (Thursday) 2011
from January, 10th (Monday) to February, 2nd (Wednesday) 2011: first exam session
from February, 3rd (Thursday) to February, 26th (Saturday) 2011: second exam session
2° SEMESTER
- from February, 28th (Monday) to May, 28th (Saturday) 2011: 11-week courses, plus one week for lessons of recovery, when necessary.
Easter Holidays: from April. 21st (Saturday) to 26th (Tuesday) 2011
- from June, 6th (Monday) to 25th (Saturday): first exam session
- from June, 27th (Monday) to July, 16th (Saturday): second exam session
FINAL DISSERTATION SCHEDULE
November, 8th 2010
21
December, 20th 2010 February, 21st 2011 April, 18th 2011 July, 18th 2011 October, 24th 2011 December, 19th 2011.
USEFUL CONTACTS
Rector of the University: Prof. Angiolino StellaProrector: Prof. Lorenzo RampaDean of the Faculty: Prof. Carluccio BianchiDoyen: Prof. Franco RositiVice Dean: Prof. Antonella Zucchella
Administrative office of the Faculty:Ms. Anna Maria LopezVia S.Felice, 5 27100 PaviaTel: +39 0328 986268Fax: +39 0382 22486E-mail: [email protected]
Reception: Ms. Rosalia BastilloTel: +39 0382 986601E-mail: [email protected]
Administrative office for students:INFORMASTUDENTITel. +39 0382 98 42 84/88 E- mail: [email protected]
Tel. 0382 984302 (UFF. MOBILITÀ STUDENTESCA: PART-TIME, ERASMUS, ACERSAT)E-mail: [email protected]
Office hours: Monday, Thursday, Friday: 9.30/12.00
22
Tuesday appointment only
Wednesday: 13.45/16.15
Didactic officeDott.ssa Laura CostaTel: +39 0382/986242Fax: +39 0382/986228e-mail: [email protected]
Placement officeDott.ssa Stefania CitoTel: +39 0382 986463Fax: +39 0382/986228e-mail: [email protected]
INTERNATIONAL RELATIONS
Prorector for International Relations Prof. Mario CazzolaTel. +39 0382/984694Fax. +39 0382/984695E-mail: [email protected]
Division of International RelationsStrada Nuova, 65 - 27100 Pavia, ITALYHead of the office: Silvia Massara Tel. +39 0382 984217 – Fax +39 0382 984695e-mail: [email protected]
Opening hours: Monday-Friday: 9.00-12.30 and 14.00-17.00 Tel. 0382 984019 (Chinese)
0382 984020 (Spanish)0382 984021 (English, French)
International Mobility Office (Erasmus Office of the University of Pavia)Via S. Agostino 1e-mail: [email protected]
Opening hours:9.30 - 12.00, Monday,Thursday, Friday9.30 - 12.00 Tuesdays appointment only13.45 - 16.15 WednesdayHead: Dott.ssa Antonella Soresini
23
LLP/ERASMUS ADVISORS
Coordinator for Student MobilityProf. Maria Antonietta CONFALONIERITel:. +39 0328 984364Fax: +39 0382 26544E-mail: [email protected]
Faculty/ Department CoordinatorProf. Maria Elena GennusaTel: +39 0382 986434Fax: +39 0382 986228e-mail: [email protected]
Erasmus OfficeDott.ssa Laura CostaTel: +39 0382/986449Fax: +39 0382/986228e-mail:[email protected]
24
COURSES DESCRIPTION Academic year 2010-2011
25
BILANCI AZIENDALI
CORPORATE FINANCIAL STATEMENTS 9 ECTS
LevelUndergraduate
YearSecond
SemesterSecond
Lecturer Stefano Santucci [email protected]
Course Program:the course is divided into two parts:
1) the recognition of administrative facts this part proposes aimes at defining the methods of recognition of administrative facts related to different areas into which the enterprise management can be divided and the recognitions needed at year end for the determination of income of the period and statement of financial position as at year end, along witj the first notions concerning the representation of the values into the forms of profit and loss and statement of financial position enforced by law
2) from the company’s accounts to disclosures according to national GAAP (IT GAAP) and international accounting standards (IFRS). The second part of the course is aimed at defining the process leading to the measurements of assets and liabilities in the statement of financial position, and the related disclosures to be included in the note to financial statements and in the financial review, both with reference to the national and international accounting principles, with particular reference to the following issues:
A. international harmonization and changes in the framework of the financial statements.
B. purpose and general principles of the statutory (seperated) financial statements
26
C. structure and content of the financial statementsD. tangible and intangible assetsE. Financial instruments and derivativesF. warehouse inventory and construction contractsG. receivables, payables, allowances, provisions and other
liabilitiesH. income taxes
Educational AimThe course of corporate financial statements is intended to provide the students the tools of typical accounting for the interpretation and the recognition of the major administrative facts of the company, and to understand procedure needed to draft the financial statements having regard to the main particulars of the Italian doctrine of financial accounting and the requirements provided in the national (principles OIC) and international standards (IFRS).
Reading ListS. Santucci Accounting. Theory and practice, new edition, Egea, in the course of its publication.
AssessmentCompulsory written test, oral supplementary.
Activities of Mentoring the course provides activities of mentoring, also for students workers.
27
CONOSCENZE INFORMATICHE
COMPUTING KNOWLEDGE3 ECTS
Level Undergraduate
YearFirst
Semester First
Lecturer: Sergio Pezzoni [email protected]
Course ProgramConcepts of information technologyHardwareSoftwareInformation networksDaily use of ITHealth and environment, safetySecurityCopyright and the lawUsing the computer and managing files (Windows)DesktopManaging filesVirusesPrint managementWord processing (Word)Using the applicationMain operationsFormattingObjectsPrepare outputsSpreadsheets (Excel)Using the applicationCellsWorksheets
28
Formulas and functionsFormattingCharts and graphsPrepare outputsDatabase (Access)Using the applicationTablesFormsRetrieving informationReportsPrepare outputsPresentation (Power Point)Using the applicationDeveloping a presentationText anf imagesCharts, graphs and drawn objectsSlide show effectsPrepare outputs
Educational Aim The purpose is the use of a personal computer and common computer applications and the knowledge of the essential concepts of Information Technology.
Readind List S.Pezzoni P.Pezzoni S.Vaccaio La patente europea del computer – Guida completaSyllabus 4 Edizione Office 2000, Mondadori Informatica
S.Pezzoni P.Pezzoni S.Vaccaio La patente europea del computer – Test e quizSyllabus 4 Edizione Office 2000, Mondadori Informatica
Assesment Written examination and test on PC use.
29
DIRITTO COMMERCIALE
COMMERCIAL LAW9 ECTS
Level: Undergraduate
Year:Second
Semester: First
Lecturer: Paolo Benazzo A-K [email protected] Colleoni L-Z [email protected]
Course ProgramThe objective of the course is the study of general rules and regulations of economic undertakings asan individual or in the form of a partnership and/or a company. In particular, the course will center on the legal aspects of such undertakings, with special attention to profit making partnership and companies. Special attention shall be dedicated to the study of general rules and regulations of companies with shares (S.P.A) as well as of companies with limited liability (S.R.L.).
Educational AimEducational aim of the course is to improve students skillness and ability to critically analyze undertakings and companies law rules and regulations, with particular attention to their economic and social externalities.
Reading List Specific indications shall be given with the beginning of the course.
AssesmentWritten and oral test.
DIRITTO COSTITUZIONALE
30
CONSTITUTIONAL LAW6 ECTS
Level Undergraduate
YearSecond
SemesterSecond
Lecturer: Maria Elena Gennusa [email protected]
Assistant: Quirino Camerlengo
Course ProgramDemocracy in Italian Constitution: the different meanings of democracySources of law system as application of democracyDemocracy/Popular Sovereignty: political rights and citizenshipPolitical parties; right to voteElectoral systemsParliament GovernmentPresident of RepublicItalian System of governmentDifferent systems of government: a comparison with foreigner experiencesDemocracy/Liberty: civil rightsHabeas corpus and free movementFreedom of religion“New rights”The judicial protection of fundamental rightsDemocracy/Equality: non discrimination and the concept of “eguaglianza sostanziale”Affirmative actionsSocial rightsRepresentative Democracy/Direct Democracy: the repealing referendum
31
The protection of DemocracyConstitutional Court and judicial review on legislationRegionalismDemocracy and its challengesGlobalization and crisis of the StateThe protection of fundamental right over the State-Nation: towards a multilevel protection
Educational AimThis course aims at providing an overview of the Italian constitutional institutions through the analysis of the constitutional principles as used by judicial case-law and political actors. Democracy will be specially focused.
Reading ListM. Gennusa, S. Ninatti, Persona e processo democratico, Giappichelli, Torino, 2008R. Bin, G. Pitruzzella, Diritto costituzionale, Giappichelli, 2009
AssesmentWritten examination
32
DIRITTO DELL’ECONOMIA
ECONOMIC LAW 6 ECTS
LevelUndergraduate
YearThird
Semester First
Lecturer: Quirino Camerlengo [email protected]
Assistant: Maria Elena Gennusa
Course ProgramFirst part: (24 hours)The concept of Law;Characteristics of the State;Trends in the Development of the State;Forms of State and forms of Government;The Constitution and the constitutional system;The Parliament and the Democracy;The Government and the Public Administration;The President of the italian Republic;The System of regional and local governmentSecond part:(6 hours) The basic concepts of commercial lawThirth part: (12 hours)Law and Economics (the public powers; the authorities; State and market)
Educational AimThis course provides an overview of the Italian Constitutional law. It focuses on issues of equality and individual liberty, regionalism, separation of powers, and the allocation of power between the state and regional governments. The course examines fundamental questions of law and economics.
33
Reading List First part: A. Barbera, C. Fusaro, Corso di diritto pubblico, ult. ed., Mulino, Bologna (solo le parti corrispondenti) o, in alternativa, P. Caretti, U. De Siervo, Istituzioni di diritto pubblico, ult. ed., Giappichelli, Torino (solo le parti corrispondenti)Second part: P. Trimarchi, Diritto privato, ult. ed., Giuffrè, Milano (solo le parti corrispondenti)Third part: S. CASSESE, La nuova costituzione economica, Laterza, Roma-Bari
Assesment Written
DIRITTO PUBBLICO E DELL’ECONOMIA
PUBLIC AND ECONOMIC LAW 9 ECTS
Level Undergraduate
Year Second
Semester First
Lecturer: Quirino Camerlengo [email protected]
Assistant: Maria Elena Gennusa
Course ProgramFirst part: (24 hours) The concept of Law; Characteristics of the State; Trends in the Development of the State; Forms of State and forms of Government; The Constitution and the constitutional system; The Parliament and the Democracy;
34
The Government and the Public Administration; The President of the italian Republic; The System of regional and local governmentSecond part:(6 hours)The basic concepts of commercial lawThirth part:(12 hours) Law and Economics (the public powers; the authorities; State and market)
Educational Aim This course provides an overview of the Italian Constitutional law. It focuses on issues of equalityand individual liberty, regionalism, separation of powers, and the allocation of power between the state and regional governments. The course examines fundamental questions of law and economics.
Reading ListFirst part: A. Barbera, C. Fusaro, Corso di diritto pubblico, ult. ed., Mulino, Bologna (solo le parti corrispondenti) o, in alternativa, P. Caretti, U. De Siervo, Istituzioni di diritto pubblico, ult. ed., Giappichelli, Torino (solo le parti corrispondenti)Second part: P. Trimarchi, Diritto privato, ult. ed., Giuffrè, Milano (solo le parti corrispondenti)Thirth part: S. CASSESE, La nuova costituzione economica, Laterza, Roma-Bari
AssesmentWritten
35
DIRITTO TRIBUTARIO
TAXATION LAW 6 and 9 ECTS
LevelUndergraduate
YearThird
Semester First
Lecturer Paolo M. Tabellini (2nd part) Elenio Bidoggia (1st part)
Assistants Marco ManeraMaurizio ContiniGiovanna Oddo
Course ProgramIn particular the following themes will be treated- The constitutional principles and the sources of the Italian Tributary right;- The interpretation and the effectiveness of the tributary norms;- The collection of the taxes;- The check; - the tributary contentiousn
Educational Aim The aim of the couse is to provide the knowledge of the general principles of italian taxation law with regard to the international conventions against the double imposition
Reading ListDe Mita E., Appunti di Diritto Tributario, Giuffré, Milano;Falsitta G., Manuale di Diritto Tributario, CEDAM, Padova;Fantozzi A., Diritto Tributario, UTET, Torino;
36
Russo P., Manuale di Diritto Tributario, Giuffré, Milano.
AssessmentOral examination
9 ECTS
Course ProgramIn particularly the following themes will be treated- The constitutional principles and the sources of the Italian tributary right;- The interpretation and the effectiveness of the tributary norms;- The collection of the taxes;- The check; the tributary contentiousnNota:the programs in some course is the same in the two variations from 6 and 9 ECTS. The course of 9 ECTS offers close examinations of matters that in the course of 6 ECTS are treated more superficially.
Educational Aim The aim of the course is to provide the knowledge of the general principles of italian taxation law with regard to the international conventions against the double imposition
Reading ListDe Mita E., Appunti di Diritto Tributario, Giuffré, Milano;Falsitta G., Manuale di Diritto Tributario, CEDAM, Padova;Fantozzi A., Diritto Tributario, UTET, Torino;Russo P., Manuale di Diritto Tributario, Giuffré, Milano.
AssessmentOral examination
37
ECONOMETRIA
ECONOMETRICS6 ECTS
LevelUndergraduate and Graduate
YearThird
Semester Second
Lecturer: Eduardo Rossi [email protected]
Course ProgramIntroduction: Econometric models, economic models, statistical models
Review of matrix algebraReview of statisticsThe multiple linear regression modelGeometric interpretation of the ordinary least squaresPartioned model. Frisch-Waugh-Lovell theorem.The classical linear regression modelProperties of OLS estimatorsThe Gauss-Markov theoremGoodnes-of-fit measures Influential observations and leverageThe Gaussian multiple linear regression model with stochastic regressorsThe linear regression model with Gaussian homoskedastic disturbanceConfidence intervalsLinear constraints testing, F test. Interpretation and use of the MLRRestricted least squaresSingle coefficient testingDummy variables, change of regime, and outliers. Structural stability tests.ForecastingDiagnostic tests and selection tests.
38
Test for functional specification (RESET)Serial correlation tests (Durbin-Watson, Godfrey-Breusch)White’s test for heteroskedasticity Normality test (Jarque – Bera)Asymptotic analysis of the regression modelThe generalized multiple linear regression model
Autocorrelation and Heteroskedasticity.Properties of OLS estimators. Corrected standard errors.Aitken estimator (generalized least squares)
Educational AimThe aim of this course is to introduce students to basic econometric models and techniques in order to carry out basic empirical work in economics. Students will be provided with the opportunity to use actual economic data to test economic theories and to learn a freeware econometric software (GRETL).
Reading ListVerbeek M. (2008) A Guide to Modern Econometrics, 3rd edition, Wiley
Assesment Written exam
39
ECONOMIA AZIENDALE
MANAGEMENT9 ECTS
Level Undergraduate
YearFirst
SemesterFirst
Lecturer: Anna Moisello(5 ECTS) A-K
Francesco Sotti(4 ECTS) A-K Michela Pellicelli(5 ECTS) L-Z
Stefano Santucci (4 ECTS) L-Z
Course ProgramThis course is designed to provide students with the basic principles and the main instruments related to the assessment processes activated by business enterprises. Specifically, the course deals with the main measurement theories and with the models used by business enterprises to present financial performances. Finally, the focus will be on:The objectives of financial statements; the main characteristics of the information provided in financial statements (understandability and reliability);the underlying assumptions (going concern and accrual concept);the recognition and the presentation of assets, liabilities and owner’s equity in the balance sheet;the recognition and the presentation of revenues, expenses, gains and losses in the income statement; the cash flows analysis.This course also offers a basic guide to the “double entry book-keeping process”: the basic steps involved in the debit and credit entry process; the general journal.
40
Educational AimThis course is aimed at giving some methodological and cultural basis, necessary to analyse and interpret existence conditions and business performances of the many company models.
Reading List Mella P., Aziende 1-Istituzioni di Economia Aziendale, Milano, Franco Angeli, 2008Sotti F., Istituzioni di Ragioneria Generale e applicata, Torino, Giappichelli, 2007.Materiali didattici a cura dei docenti.
Assessment The examination will be partially oral and partially written.
ECONOMIA DEGLI INTERMEDIARI FINANZIARI
FINANCIAL INSTITUTIONS6 AND 9 ECTS
LevelUndergraduate
YearSecond
SemesterSecond
Lecturer: Matteo Mattei Gentili [email protected]
Assistant: Laura Bottinelli
6 ECTS
COURSE PROGRAM Functions of the financial systemFinancial markets
41
Financial intermediationDifferent types of financial intermediariesThe banking system
EDUCATIONAL AIM The purpose of the course is to: build vocabulary and make the student comfortable with the terminology of banking, provide an understanding of the current environment of the financial services industry, introduce the student to the planning, analysis, and decision-making process of an individual commercial bank, and develop specific analytical tools that can be used to manage a commercial bank.
READING LIST A. Fusconi , S.A. Loddo, B. Rossignoli : Banca e Intermediazione, Monduzzi, 1996. S.A. Loddo: Banca Centrale, vigilanza ed efficienza del mercato del credito, Giuffré, 2007.
ASSESSMENToral
9 ECTSCourse ProgramFunctions of the financial systemFinancial marketsFinancial intermediationDifferent types of financial intermediariesThe banking systemFinancial industryIntermediation risk and management
Educational AimThe purpose of the course is to: build vocabulary and make the student comfortable with the terminology of banking, provide an understanding of the current environment of the financial services industry, introduce the student to the planning, analysis, and decision-making process of an individual commercial bank, and develop specific analytical tools that can be used to manage a commercial bank.
42
Reading ListA. Fusconi , S.A. Loddo, B. Rossignoli : Banca e Intermediazione, Monduzzi, 1996. S.A. Loddo: Banca Centrale, vigilanza ed efficienza del mercato del credito, Giuffré, 2007.
Assessment oral
43
ECONOMIA DEL LAVORO
LABOUR ECONOMICS6 AND 9 ECTS
Level Undergraduate
YearSecond
SemesterSecond
Lecturer: Luisa Rosti [email protected]
6 ECTS
Educational Aim
The course presents a general introduction to labour economics, reguarding theoretical and empirical aspects. Main topics are: economic demographie, family economics, offer and demand of labour, human capital, unemployment, discrimination, labour flexibility and contractual typologies, political aims and objectives.
Course Program:1. A modern approach to labour economics. 2. Demography: structure and population dynamics. 3. Family economics. 4. Productive structure and labour demand. 5. Human capital Theory and signal theory. 6. Wages. 7. Discrimination. 8. Unemployment and labour mobility. 9. Labour flexibility. 10. Theoretical and empirical fondament of labour economics. 11. Structural policies, active and passive. 12. European Union policies.
Reading List:The reading list will be available on the lecturer’s web page.
Assessment:Written examination
44
9 ECTS
Educational Aim
The course presents a general introduction to labour economics, reguarding theoretical and empirical aspects. Main topics are: economic demographie, family economics, offer and demand of labour, human capital, unemployment, discrimination, labour flexibility and contractual typologies, political aims and objectives.
Course Program:First part: analysis of the labour market and of the labour policies1. A modern approach to labour economics. 2. Demography: structure and population dynamics. 3. Family economics. 4. Productive structure and labour demand. 5. Human capital Theory and signal theory. 6. Wages. 7. Discrimination. 8. Unemployment and labour mobility. 9. Labour flexibility. 10. Theoretical and empirical fondament of labour economics. 11. Structural policies, active and passive. 12. European Union policies.Second part: application of the principles to a local market labour 13. Statistical indicators and references for the labour market analysis. 14. Demographic structure of the population. 15. Labour forces according to age and education. 16. Occupation according to sector and professional positions. 17. People seeking employement. 18. Local policies
Reading List:The reading list will be available on the lecturer’s web page.
Assessment:Examination will be a written short answer test + a twenty pages research report on a local labor market assigned by the teacher
45
ECONOMIA DELLO SVILUPPO
DEVELOPMENT ECONOMICS9 ECTS
LevelUndergraduate
YearThird
Semester First
Lecturer: Gianni Vaggi
Assistant: Dott.Andres LazzariniDott. Giovanni Valensisi
Course ProgramI Facts and DataAn overview of the relationship between demography and economic performanceEconomic indicators, GDP, PPP. The different measures of wealth and poverty. The different 'performances' of the economic regions of the world. The Human Development Index. Poverty reduction strategies. The notion of human development and the recent debates on the notion of development as such.The causes of development and underdevelopment.Export diversification, the markets of primary commodities and the 'terms of trade'. From the dependency approach to the Asian miracle; a view to the major facts.The International economic organisations. The Washington consensus, old and new, and the new conditionalities.
II TheoriesStadial visions of development, from Smith and Marx to Rostow. The dependency school. The stages in economic growthThe models of Harrod and Domar, and the Keynesian approach to long run economic growth. The role of savings and of technical progress.
46
La neo-classical view: Solow and the tendency to the stationary state. Technical progress and the neo-keynesians: Kaldor e Pasinetti. ‘Growth accounting’ and Total factor Productivity. Structural change. The Lewis’ model.The debate on the problem of convergence of income levels: absolute and conditional convergence and the facts since World war II.The models of endogenous growth; human capital, economies of scale and ‘spillovers’. What is really new in the new growth theory.The macroeconomics of an open developing economy, the new ‘structuralists’ and the two ‘gaps’. The modern structuralism. The model of structural change.
III. Contemporary issuesDiffering development strategies: export-led growth, import substitution, self-reliance and liberalisation. The economic structure of developing open economies and how to take advantage of the increased economic integration.The Asian model. The debate on the Asian miracle, and the role of neo-liberal policies versus more state governed intiatives.NAFTA and the European Union, different models of economic integration. The role of foreign financial support to development from aid to Foreign Direct Investments.The sovereign debt problem and the proposed solutions; the HIPC initiatives and the notion of sustainability of foreign debt.Development finance and the financial crisis of the last twenty years. New features on international financial markets and the role of international organisation in the financial crisis. The debate on the so called new International Financial Architecture.
Educational AimA first aim of the course is to try to offer the students the opportunity to get acquainted with the major international sources of development indicators, hat is to say the international development agencies producing the most important report on development. This aim will also be achieved through a specific methodology in the analysis of development processes which consider the complex nature of the phenomenon.A second aim will that of providing adequate coverage of the major growth and development theories from the classical one to the Keynesian and neoclassical views of the fifties to the most recent ones.A third aim is that of discussing the major issues in recent
47
developmental debates which are taking place in the international community.At the end of the course the student should be fully equipped to face and to examine all major problems and theories, at a basic level.
Reading List Gianni Vaggi, Marco Missaglia, Introduzione all’Economia dello sviluppo, Pavia 2009.Further readingsDebraj Ray, Development Economics, Princeton University Press, Princeton, New Jersey, 1998.UNDP, Human Development Report, various issues.UNDP, World Development Indicators, various issues.World Bank, World Development Report, various issues.
AssessmentWritten and oral examination
ECONOMIA E GESTIONE DEL SISTEMA AGROINDUSTRIALE
AGRIBUSINESS ECONOMICS6 ECTS
Level Undergraduate
Year Third
SemesterFirst
Lecturer Maria Sassi [email protected]
Assistant Carlo Bernini Carri
Course Program
1) Consumer choice analysis2) Farm decision-making process3) Market structure
48
4) Distribution chain5) Contracts, vertical integration and cooperation6) Farm strategies and market adaptation7) Economic and agrofood policies8) Food safety9) Food security10) Competition and regulation
Educational AimThe course provides the economic analysis of the agribusiness management through the understanding of the relationships across the production units of the system and the state and functioning of the agribusiness market. A specific attention is dedicated to the tools for the management decision making process.
Reading ListSodano V., Sassi M., Marchini A. (2010), ECONOMIA DEL SISTEMA AGROALIMENTARE: MERCATI E POLITICHE, McGraw Hill.
Assessment Written
ECONOMIA E GESTIONE DELLE IMPRESE A-K
BUSINESS MANAGEMENT9 ECTS
Level Undergraduate
YearFirst
SemesterSecond
Lecturer Dario Velo [email protected]
Assistant Laura Bottinelli
49
Course ProgramIntroduction to management The corporate administrationThe protagonists of the corporate lifeThe direction process and the organisational functionCorporate planningHuman resources direction and leadershipExecutive controlCorporate information system and knowledge managementCorporate strategiesStrategic trend in management Corporate growth strategies and pathsCompetitive strategiesOperational managementThe commercial function and marketingProduction management Financial management Innovation management Human resources management Management planning and control
Educational AimThe purpose of the course is to provide students with the basic elements of management and entrepreneurship. The analysis would start from the role played by enterprises in the modern industrial systems. Starting from this the course would introduce some reflections on the entrepreneur role, on the strategic approach and on the main corporate functions, such as marketing, finance, production, organization and research. The course will provide students with a general picture of management; more attention on the single specific topics will be paid in the other courses hold by the Faculty in the next years.
Reading ListSciarelli Sergio, Elementi di Economia e gestione delle imprese, Cedam, Padova, 2008, pp. 1-434.
AssessmentWritten examination
ECONOMIA E GESTIONE DELLE IMPRESE L-Z
50
BUSINESS MANAGEMENT9 ECTS
LevelUndergraduate
Year First
Semester Second
Lecturer Enrico Cotta Ramusino [email protected]
Assistants Stefano DenicolaiAlfredo D’Angelo
Course Program Summary of Contents
A. INTRODUCTION TO THE CONCEPT OF STRATEGY: strategy as the general framework for business decisions
B. AIMS OF THE FIRMS: definition of corporates’ objectives, stakeholders and their influence in the definition of the corporates’ objectives, stakeholders in the different models of capitalism, the concept of value creation in the firm, the risk in business activity: operative risk, financial risk and measurement of the performance.
C. EXTERNAL ANALYSIS: a top down analysis from the general environment to business analysisThe definition of the field of activity of the company: from sector to business analysisThe evaluation of firm positioning:Horizontal analysis: market structure and competitionVertical analysis: negotiating power of clients and suppliersSuccess factors in the business
D. INTERNAL ANALYSIS: Resources and Competencies for the Achievement of Competitive AdvantageWhy is it important to evaluate firm’s resources and
51
competencies?Internal and external resources mobilized for firm’s activityThe analysis of resources and competenciesThe impact of resources and competencies on competitive advantage
E. THE CHOICE OF THE APPROPRIATE BUSINESS STRATEGYThe need for a long term strategic choiceBasic strategic optionsCost leadershipDifferentiation FocalizationLimitation of the basic scheme and the need for further development
F. CORPORATE STRATEGY: DIVERSIFICATION, VERTICAL INTEGRATION AND INTERNATIONALIZATION DiversificationThe reasons for diversificationHow to implement diversification decisions (related and conglomerate diversification)Diversification and corporate performanceConditions and paths for firm developmentHorizontal market developmentGrowth through vertical integrationInternational development
G. CASE STUDIES
Educational AimExplaining students, through the concept of strategy, how firms take rational decisions in order to obtain competitive advantage in their business.
Reading List E. COTTA RAMUSINO, A. ONETTI: Strategia d’Impresa; Il Sole 24Ore; Milano 2007.
Assessment written
52
ECONOMIA E GESTIONE DELLE IMPRESE INTERNAZIONALI
INTERNATIONAL BUSINESS AND MANAGEMENT9 ECTS(Course activated for the academic year 2010-2011)
Level Undergraduate
Year Third
Semester Second
Lecturer Antonio Majocchi [email protected]
Course ProgramThe activities of multinational enterprises: an historical excursionOld and new forms of internationalisation Defining multinational enterprise: facts and theories The regional model of multinational enterprisesGlobalisation and multinational corporationThe internationalisation of the service sectorThe international growth of SMEsThe theories explaining the growth of Multinational enterprises The Hymer theoryThe product life cycle theoryThe internalisation theories and the theories of transaction costsThe eclectic paradigmThe network approach (the Uppsala internationalisation theory)Strategy and structure in multinational corporationThe different strategy model: the global, the multi-domestic and the trasnational approachThe different structure according to the different strategyStrategic planning at the international level
The rise and fall of strategic planningThe financial criteria for the subsidiaries controlFrom simple financial criteria to the Eva methodologyThe balanced scorecard approach
Educational Aim
53
The main goal of the course is to discuss the effects of the globalisation of markets on the management of business firms. The course starts with a discussion of the main data on firms internationalisation and then shows the different strategic options followed by multinational firms.
Reading ListFor students attending classes the text is International Business, ISBN-13 9780073260716 - By: Charles W. L. Hill, Edition: 07 -McGraw Hill. (please not that the chapters of the English edition to not exactly match those of the Italian edition)
Lectures slides are available at the following internet site: http://economia.unipv.it/pagp/pagine_personali/amajocchi/pavia2.htm (click on: didattica e slides).
AssessmentFormal one-hour written examination with 2-3 close questions and 3-4 open questions
54
ECONOMIA E ORGANIZZAZIONE INDUSTRIALE
THE ECONOMICS OF INDUSTRIAL ORGANIZATION
6 e 9 ECTS
Level Undergraduate
Year Third
SemesterFirst
Lecturer Paolo Bertoletti [email protected]
6 ECTS
Course Program An introduction to industrial organization. Basics of game theory. Perfect competition, monopoly and regulation. The monopolistic competition theory. Oligopoly and collusion. Industrial structure and market power.
Educational AimIt provides an introduction to the essentials of industrial economics.
Reading ListLuís Cabral, Introduction to Industrial Organization, MIT Press, 2000, chapter 1-9.
AssessmentThe exam is written and oral (optional).
9 ECTS
Course ProgramAn introduction to industrial organization. Basics of game theory. Perfect competition, monopoly and regulation. The monopolistic competition theory. Oligopoly and collusion. Industrial structure and market power. Price discrimination. Vertical control. Product differentiation. Advertising. Entry cost, industrial structure and
55
welfare. Entry, exit and strategic behavior.
Educational AimIt introduces the fundamental issues of modern industrial economics (industrial structure and welfare effects of concentration, entry and exit strategic behaviour, price discrimination and product differentiation).
Reading List Luís Cabral, Introduction to Industrial Organization, MIT Press, 2000, chpater 1-15.
AssessmentThe exam is written and oral (optional).
ECONOMIA INTERNAZIONALE
INTERNATIONAL ECONOMICS Course activated by the Faculty of Political Sciences9 ECTS
LevelUndergraduate
YearThird
SemesterFirst
Lecturer Marco Missaglia [email protected]
Course ProgramModule A• The Ricardian model of International Trade and the Theory of Comparative Advantages;• International Trade and Factor Endowments: the Specific Factor Model and the Heckscher-Ohlin Model;• Imperfect Competition, Scale Economies and International Trade ;
Module B• Trade Policies and Protectionism
56
• Protectionism vs. Free Trade• Trade Policies and Industrial Policies
Educational AimThe purpose of the course is to furnish the theoretical bases for the understanding of the international commerce and monetary commerce (international finance) international economy. The course is composed of three forms: the students of Political Sciences must obligatorily develop the first two and only optionally the third one; the students of Economy will have to develop obligatorily all the three forms
Reading ListGiancarlo Gandolfo, Marianna Belloc: Introduzione all’Economia internazionale.Chapters 12, 17, 18, 19, 21, 22, 25, 27
Assessment Written and oral (optional).
ECONOMIA MONETARIA E DEI MERCATI FINANZIARI
MONETARY AND FINANCIAL ECONOMICS9 ECTS
Level Undergraduate
YearThird
Semester First
Lecturer: Anna Florio (1st part)
Mario Maggi (2nd part)
Course Program First part
57
a) Money supplyThe money multiplier (5.2)Monetary base control (5.7)Monetary policy operating procedure (5.8)b) Banks and financial intermediaries Functions of financial intermediaries (3.2 and 3.4)asymmetric information (3.4)debt contracts (2.6 and 3.5)Diamond e Dybvig (1984) and bank runs (3.7, app. cap.3);Credit and equità (cap.7) *;c) The credit channel of monetary Modigliani-Miller theorem (1958) (app. A cap.2)*;The credit view (10.10)*.
Second part
Choices under uncertainty: the intertemporal problemThe Fundamental Theorem of Asset PricingPortfolio selection and efficient frontierThe Capital Asset Pricing Model (CAPM)The Arbitrage Pricing Model (APT)
Educational AimThe aim of the course is the analysis of the monetary and financial markets from an economic and a financial point of view.
Reading List Pifferi, M., e Porta, M., La Banca Centrale Europea, EGEA, 2003. (P/P)Pittaluga, “Economia Monetaria” (Capitoli:3, 7 e 15 per intero più riferimenti specifici di cui sopra).*Ardeni, Boitani, Delli Gatti e Gallegati, “La nuova economia keynesiana: risultati e problemi aperti” da pag.88 in “La nuova economia keynesiana” (a cura di) M. Messori, il Mulino. Barucci, E. Teoria dei Mercati Finanziari, Il Mulino, 2000.Cochrane, J. Asset pricing / John H. Cochrane, Princeton University Press, 20
Assessment Written exam
58
ECONOMIA PUBBLICA
PUBLIC ECONOMICS6 AND 9 ECTS
LevelUndergraduate
YearThird
SemesterFirst
Lecturer Alberto Cavaliere [email protected]
6 ECTS
Course Program1. Natural monopoly and competition: existence, sustainability,
equilibrium and efficiency issues; competition for the market and contestable markets.
2. Optimal tariffs with and without subsidies, linear and non linear tariffs.
3. Information and Incentives: informational rents and optimal mechanisms, incentives and productive efficiency,
4. Rate of return regulation and price-caps5. Liberalisation issues 6. The case of the natural gas market: liberalisation issues and
regulatory reform
Educational AimThe course aims to introduce students to the economic analysis of industries characterised by natural monopolies (energy, telcom, transports and water services) and is focused on privatision and liberalisation of public utilities. Lectures are devoted to the microeconomic analysis of regulation both with perfect and imperfect information, with a lot of examples related to the recent italian experience. Some attention is reserved in the last part of the course to the regulatory mechanisms adopted in practice by regulatory authorities. Liberalisation issues and regulatory mechanisms applied in the natural gas sector will then be considered.
59
Reading List G. Cervigni e M. D’Antoni, Monopolio naturale, concorrenza e regolamentazione, Roma, Carrocci Editore, 2001.(excluding chapter 6 and 7)A. Cavaliere “The Liberalisation of Natural Gas Markets: Regulatory Reform and Competition Failures”, available on the website of the Oxford Institute for Energy Studies, www.oxfordenergy.org
AssessmentWritten examination
9 ECTS
Course Program1. Natural monopoly and competition: existence, sustainability,
equilibrium and efficiency issues; competition for the market and contestable markets.
2. Optimal tariffs with and without subsidies, linear and non linear tariffs.
3. Information and Incentives: informational rents and optimal mechanisms, incentives and productive efficiency,
4. Rate of return regulation and price-caps5. Liberalisation issues 6. The case of the natural gas market: liberalisation issues and
regulatory reform7. The telecommunication sector: liberalisation issues and
regulatory reform8. The electricity market: liberalisation issues and regulatory
reform
Educational Aim The course aims to introduce students to the economic analysis of industries characterised by natural monopolies (energy, telcom, transports and water services) and is focused on privatision and liberalisation of public utilities. Lectures are devoted to the microeconomic analysis of regulation both with perfect and imperfect information, with a lot of examples related to the recent italian experience. Some attention is reserved in the last part of the course to the regulatory mechanisms adopted in practice by regulatory authorities. Liberalisation issues and regulatory mechanisms applied in the natural gas sector, in the electricity sector and the telecommunication market will then be considered.
60
Reading List G. Cervigni e M. D’Antoni, Monopolio naturale, concorrenza e regolamentazione, Roma, Carrocci Editore, 2001A. Cavaliere “The Liberalisation of Natural Gas Markets: Regulatory Reform and Competition Failures”, available on the website of the Oxford Institute for Energy Studies, www.oxfordenergy.org
AssessmentWritten examination
FINANZA AZIENDALE
CORPORATE FINANCE6 and 9 ECTS
LevelUndergraduate
Year Third
Semester Second
Lecturer Pietro Gottardo [email protected]
6 ECTS
Course ProgramCourse intro Why Corporate Finance is importantBalance Sheet and cash flow analysisActual value and Stocks&Bonds valuation Asset pricing modelsCapital budgeting Cost of capital Investments valuationMarket efficiency Financing decisionsDividend policyCapital structureLeverage and costs of default
61
Options Warrant and convertible bondsDebt instrumentsLeasing
Educational Aim To give students the big picture of corporate finance so they can understand how things fit together.To give students the capacity to understand the theory and apply, in real world situations, the techniques which have been developed in corporate finance.
Reading List (BMA) R. Brealey-S. Myers-S. Sandri, Principi di Finanza Aziendale, 5 edizione. (BEN) S.Benninga, Financial Modeling, Mit Press 2008, 3 th edition,D’ambrosio – Hodges, Esercizi di Finanza Aziendale, Mc Graw-Hill, 1995, 2 nd edition
Assessment Written and oral.
9 ECTS
Course Program Course intro Why Corporate Finance is importantBalance Sheet and cash flow analysisPro forma modelsActual value and Stocks&Bonds valuation Asset pricing modelsCapital budgeting Cost of capital and best practices in cost of capital estimationInvestments valuationMarket efficiency Manias, speculative bubbles, panics and crashesFinancing decisionsDividend policyCapital structureLeverage and costs of defaultOptions and real optionsWarrant and convertible bondsDebt instruments
62
Leasing
Educational Aim To give students the big picture of corporate finance so they can understand how things fit together.To give students the capacity to understand the theory and apply, in real world situations, the techniques which have been developed in corporate finance.
Reading List(BMA) R. Brealey-S. Myers-S. Sandri, Fondamenti di Finanza Aziendale, 5 edizione. (BEN) S.Benninga, Financial Modeling, Mit Press 2008, 3 th edition,(BRU) R. Bruner, Case studies in Finance – Managing for Corporate Value Creation, 5th edition, McGraw-Hill, 2007. D’ambrosio – Hodges, Esercizi di Finanza Aziendale, Mc Graw-Hill, 1995, 2 nd edition
Assessment
Written and oral.
FONDAZIONE DELL’ITALIA UNITA, IDEE, ISTITUZIONI, PROTAGONISTI
FOUNDATION OF ITALY, IDEAS, INSTITUTIONS, PROTAGONISTS
Course activated by Collegio Borromeo
6 ECTS
Level
63
Undergraduate
Year Free
Semestersecond
LecturerPietro V. Aimo
ASSISTANTSCarluccio BianchiArturo ColomboEttore DezzaElisa RomanoFabio RuggeDon Ernesto Maggi
Course ProgramThe Constitution of the new Kingdom: the “Statuto Albertino” - prof. Franceso Rigano
The administrative unification: the organization of the state - prof. Pietro V. Aimo
Legislative unification and codification - prof Stefano Solimano
Criminal law - prof Ettore Dezza
Political trends during the Risorgimento - prof.ssa Giovanna Angelini
Cavour: the state building as a work of art - prof.ssa Arianna Arisi Rota
Mazzini and Cattaneo: Italy and Europe – prof. Arturo Colombo
Garibaldi and his myth: a mark of Italian identity – prof. Mino Milani
State and Church: conflict and mediation – prof. Luciano Musselli
International policy of the unification and the “Unità” – prof. Marco Mugnaini
64
The “questione meridionale” and economic dualism – prof. Luigi Galasso
Social affair and labour law
Women, Nations, Rights – prof.ssa Marina Tesoro
Social infrastructures: the School and the “Opere pie” – prof.ssa Alessandra Ferraresi
Economic policy between liberalism and protectionism – prof Mario V. Rizzo
Material infrastructures: roads, railways and harbours – prof. Giulio Guderzo
The Language matter – prof. Cesare Segre
Liturgies and symbols in the shaping of a Country – prof.ssa Elisa Signori
“Risorgimento”, “Patria” and Italy in Art
“Risorgimenti”, “Patria” in letterature
There will be further conferences held by external lecturers
GOVERNO E VALORIZZAZIONE DELLE RISORSE NATURALI
GOVERNANCE AND VALORISATION OF NATURAL RESOURCES9 ECTS
LevelUndergraduate
Year Third
SemesterFirst
65
Lecturer Vittorio Vaccari [email protected]
Assistants Maria Laura GiagnorioCristina CordoniImmacolata MancoAntonella Valvassori
Course ProgramThe course introduces the concept of environment in its multiple facets, with particular attention to the strategic role of natural resources for a planning policy both at the organisational and at the systemic levels.the first part provides the framework of development pathways within the current sustainability theories, from the rio declaration to the kyoto protocol, by means of the implementation of a broad range of certification instruments. furthermore, corporate choices are related to the need of buying/selling green or white certificates and co2 quotas.The current economic context requires a detailed examination and evaluation of the energy resources, both traditional and renewable (alternative), with particular focus towards the environmental impact and energy savings related to the use of the most recent technologies. the standardisation and relational issues are considered in the european context.The environmental policy of the european union considers air, water and soils as resources and therefore as economic goods, the management of which in an integrated cycle, allows to pursue conservation and development objectives.The course analyses the basic principles and characteristics of the market for those commodities that are useful for the production of the organisation, with particular reference to the different supply sources and therefore their costs, from which depend the organisation results.
Educational AimIllustrate the most significant resources of a production cycle. within the working plan of organisations. to develop evaluation and decision capabilities as a function of the economic and environmental consequences.
Reading List
66
Textbooks and reference material will be listed in the faculty internet site
Assessment Oral examination preceded by a selective written test
ISTITUZIONI DI DIRITTO PRIVATO
FUNDAMENTAL PRINCIPLES OF PRIVATE LAW6 ECTS
LevelUndergraduate
YearFirst
SemesterFirst
Lecturer Matteo Dellacasa [email protected]
Assistant Nicola RizzoAntonio Colleoni [email protected]
6 ECTS
Course Program Private law and its sources: an introductionPropertyObligationsContractsTortsOther sources of obligationsRemedies
Educational AimThe course aims to outline the foundations of private law, paying a special attention to the topics of greater interest from the businessman point of view (profit and non-profit organizations;
67
contract; tort liability; credit instruments; business law). The objective is twofold: supplying students with instruments in order to understand the role of private law rules in business activities; making students aware of the legal implications of business judgements.
Reading ListIudica-Zatti, Linguaggio e regole del diritto privato, 10th ed., Padova, 2008, chapters 1-23, 28, 29, 30, 38. As an alternative, any other updated university handbook. To study private law it is necessary to consult the Italian civil code, in an updated edition: for instance De Nova, Codice civile e leggi collegate, Zanichelli, ed. 2010.
AssessmentStudents will sit a written examination.
9 ECTS
Course ProgramPrivate law and its sources: an introductionPropertyObligationsContractSpecific contractsTortsOther sources of obligations. Negotiable instrumentsRemediesEnterprises, Companies, insolvency: an introductionNew propertiesFamily lawLaw of successionIntroduction to civil justice
Educational Aim The course aims to outline the foundations of private law, paying a special attention to the topics of greater interest from the businessman point of view (profit and non-profit organizations; contract; tort liability; credit instruments; business law). The objective is twofold: supplying students with instruments in order to understand the role of private law rules in business activities; making students aware of the legal implications of business judgements.
Reading List
68
Iudica-Zatti, Linguaggio e regole del diritto privato, 10th ed., Padova, 2008. As an alternative, any other updated university handbook. To study private law it is necessary to consult the Italian civil code, in an updated edition: for instance De Nova, Zanichelli, Codice civile e leggi collegate, ed. 2010.
AssessmentThe exam is divided into two parts. The first part is a written examination; if the result is positive, students will be admitted to a second oral test.
Activities of Mentoring the course provides activities of mentoring, also for students workers.
69
LINGUA FRANCESE INTRODUZIONE
FRENCH (I)3 ECTS
LevelUndergraduate
YearSecond
SemesterSecond
Lecturer Gabriela Cultrera [email protected]
Assistant Patricia Esposito [email protected]
CourseProgramFrench for Business StudiesThe fundamental aspects of French grammar and syntax.
PhonétiqueLes accentsLes nomsLes articlesLe partitifLes adjectifs qualificatifsLes démonstratifsLes possessifsLe présentatif: c’est/Il estLes nombresLa construction de la phraseLa forme interrogativeLa forme négativeLes pronoms personnelsLes relatifsLes comparatifsLes prépositionsLe système verbal avec les principales règles d'accordIndicatif - impératif – conditionnel
70
Educational AimThis course aims to enable the students to learn the basic grammar structure, to acquire lexis specifc to the economics/business field in order to attain a good comprehension.
Reading ListJean-Luc Perfornis, Français.com, CLE International/VUEF, Paris 2002 (CD audio)
Recommended Grammar:
Lisa Beneventi, Grammaire facile du français, Bologna, Zanichelli Editore, 2004.Maia Grégoire, Odile Thiévenaz, Grammaire progressive du Français (- niveau intermédiaire - avec 600 exercices, CLE INTERNATIONAL, 2007)Dizionari consigliati: *Le Nouveau Petit Robert, Dictionnaire de la langue française, Dictionnaire Le Robert, Paris.*Raoul Boch, Dizionario Francese Italiano/Italiano Francese, Bologna, Zanichelli Editore, ultima edizione.*V. Ferrante, E. Cassiani, Nuovo dizionario moderno italiano-francese, francese-italiano, SEI, Torino, ultima edizione.*A. Le Bris, L’Economie et les Affaires, Dizionario fraseologico Francese-Italiano/Italiano-Francese dei termini dell’Economia e del Commercio, Bologna, Zanichelli Editore, ultima edizione.*M. Mormile, Dizionario commerciale/Dictionnaire Commercial, Bulzoni-La Maison du dictionnaire, Roma-Paris, ultima edizione
Assessment Written exam including: lexical test, grammar test, comprehension Oral exam including: reading, translation and talking about studied subjects.
71
LINGUA SPAGNOLA INTRODUZIONE
FIRST STEPS IN SPANISH LANGUAGE FOR BUSINNESS3 ECTS
LevelUndergraduate
YearSecond
SemesterSecond
Lecturer Annelisa Addolorato [email protected]
COURSE PROGRAM a) Castilian’s originsb) Phoneticc) Lexicond) Syntax and morphology
Articles Nouns and adjectives Pronouns
II trimestrea) Syntax and morphologyb) Comparation
Educational AimL2, Level_ A2/B1
Reading Listmore informations and teaching aids will appear on web, during the course
AssessmentPropaedeutical test in computer lab and oral examination
LINGUA TEDESCA INTRODUZIONE
72
GERMAN (I)3 ECTS
LevelUndergraduate
Year Second
SemesterSecond
Lecturer Heinz Georg Held [email protected]
Course Program
Characteristics and areas of diffusion of the German language;- civilization and German culture; political-economic system in Germany, in Austria and in
Switzerland. The objective is to develop above all grammatical competences and phonetics.
Educational AimThe aim is to furnish the necessary tools to the student to understand actual texts of economic and political matter in German language.
Learning of the principal grammatical, syntactic and morphological structures.
Acquisition of the lexicon and the learning of the specific lexicon.-
Development of the textual competences
Reading List Handouts will be available at Dipartimento di Lingue, Strada Nuova 106 c.Achim Seuffarth/Cinzia Medaglia, Arbeitsgrammatik neu, Cideb, Rapallo 2008.Renate Burfeind, Wahrig Deutsch als Fremdsprache, Cornelsen, Hamburg 2008.Renate Luscher, Landeskunde Deutsch. Von der Wende bis heute,
73
Verlag für Deutsch, zweite, überarbeitete Auflage, München 2006.
AssessmentWritten (grammatic and text comprehension) and oral exam (test partially in german about topics studied during the lessons). In order to have access to the oral examination is necessary to pass the written one. Not attending students have to arrange the program with the professor.
74
LINGUA INGLESE INTRODUZIONE
ENGLISH (I) 3 ECTS
LevelUndergraduate
YearFirst
SemesterFirst
Lecturer: Elena Montagna [email protected]
Course ProgramBusiness English and General English, from Intermediate to Upper-Intermediate.The aim of the course is to widen and deepen the linguistic and business skills the students acquired in the first course in order to enable them to use the English language correctly and fluently for general, business and economic matters.
Educational AimThe aim of the corse is to enable students to learn the basic grammar structures and some basic business vocabulary, focusing on speaking, reading, listening, and writing skills.
Reading ListLessons:Tullis, T. Trappe, New Insights into Business, Longman.G. Tullis, S. Power, New Insights Into Business, Workbook, Longman.G. Brook-Hart, Business Benchmark, Upper-Intermediate, Vantage, Cambridge.M. Hancock, English Pronunciation in Use, Cambridge University Press.Exercises:Bell, R. Gower, First Certificate Expert (New Edition), Longman.R. Acklemy, A. Crace, Total English – Pre-Intermediate (studenti principianti).Grammatic handbooks (optional):R. Murphy, English Grammar in Use, Cambridge.
75
L. Hashemi, B. Thomas, Grammar for First certificate, Cambridge.L. G. Alexander, Longman English Grammar Practice, Longman.M. Nattle, D. Hopkins, Developing Grammar in Context, Cambridge.M. Hewings, Advanced Grammar in Use, Cambridge.M. Foley, D. Hall, Advanced Learners’ Grammar, Longman.P. Strutt, Business Grammar and Usage, Longman.M. Duckworth, Oxford English Grammar and Practice, Oxford.Working with Grammar, Longman (studenti principianti)Dictionaries (optional):Longman Contemporary English, Longman.Cambridge Advanced Learner’s Dictionary.Oxford Advanced Learners, Oxford.Cambridge International Dictionary of English, Cambridge.Dictionary of Business English, Longman.Dictionary of Business English, Oxford.Il Nuovo Ragazzini – It/Ingl, Ingl/It – Zanichelli.Economics&Business – It/Ingl, Ingl/It – Zanichelli.
AssessmentWritten and oral
76
LINGUA INGLESE PERFEZIONAMENTO
ENGLISH (II)6 ECTS
LevelUndergraduate
YearFirst
SemesterSecond
Lecturer: Elena Montagna [email protected]
Course ProgramBusiness English and General English, from Intermediate to Advanced..The aim of the course is to widen and deepen the linguistic and business skills the students acquired in the first course in order to enable them to use the English language correctly and fluently for general, business and economic matters.
Educational AimThe aim of the course is to widen and deepen the linguistic and business skills the students acquired in the first course in order to enable them to use the English language correctly and fluently for general, business and economic matters.
Reading ListLessons:MacKenzie, English for Business Studies, Cambridge.G. Brook-Hart, Business Benchmark, Advanced Higher, Cambridge.M. J. Wallace, Study Skills in English, Cambridge.Exercises:Bell, R. Gower, First Certificate Expert (New Edition), Longman.Grammatic handbooks (optional):R. Murphy, English Grammar in Use, Cambridge.L. Hashemi, B. Thomas, Grammar for First certificate, Cambridge.L. G. Alexander, Longman English Grammar Practice, Longman.M. Nattle, D. Hopkins, Developing Grammar in Context, Cambridge.
77
M. Hewings, Advanced Grammar in Use, Cambridge.M. Foley, D. Hall, Advanced Learners’ Grammar, Longman.P. Strutt, Business Grammar and Usage, Longman.M. Duckworth, Oxford English Grammar and Practice, Oxford.Working with Grammar, Longman (studenti principianti)Dictionaries (optional):Longman Contemporary English, Longman.Cambridge Advanced Learner’s Dictionary.Oxford Advanced Learners, Oxford.Cambridge International Dictionary of English, Cambridge.Dictionary of Business English, Longman.Dictionary of Business English, Oxford.Il Nuovo Ragazzini – It/Ingl, Ingl/It – Zanichelli.Economics&Business – It/Ingl, Ingl/It – Zanichelli.
AssessmentWritten and oral
78
MACROECONOMIA
MACROECONOMICS9 ECTS
LevelUndergraduate
YearSecond
SemesterFirst
Lecturer: Guido Ascari A-K [email protected] Fumagalli L-Z [email protected]
Course Program INTODUCTION TO MACROECONOMICS (Boitani, cap. 1 e 2) AND HANDOUTSSchools of thoughtsThe main macroeconomics variable and national accounting
1. SHORT TERM ANALYSIS (Blanchard, cap. 3-5) Goods market Financial-monetary markets IS-LM Model
2. MEDIUM TERM ANALYSIS (Blanchard, cap. 6-9) Labour market AS-AD Model Phillips curve Unemployment – inflation trade-off
3. LONG TERM ANALYSIS (Blanchard, cap. 10-12) Economic growth Saving, accumulation and growth Technical change and growth, the Solow’s model
4. EXPECTATIONS IN MACROECONOMICS (Blanchard, cap. 13-15) Basic notions Expectation and financial markets Expectations, consumption and investment activity
5. OPEN ECONOMY (Blanchard, cap. 16-19) Balance of payments and exchange rate
79
Goods market in a open economy Economic policy in a open economy Differents exchange rates regimes
Educational AimThe main aim of the course is to provide the basic elements for the understanding of how an economy works from a macroeconomic perspective, first in the short term, with fixed prices, second, in the medium term, with price flexibility, and, then, in the long term, with capital accumulation..It would be better to have basic notions of Mathematics (i.e.: elementary algebra), of Microeconomics (production functions and consumption theory) and of basic Statistics.
Reading ListBoitani, A., Macroeconomia, Il Mulino, 2008, Capitoli: 1 e 2Blanchard, O., Macroeconomia, Il Mulino, 2009. Capitoli: 3 – 19, 22-26Handouts on different economic schools of thoughts and methodology remarks by A. Fumagalli.
Assessment Written exam
80
MARKETING
MARKETING9 ECTS
LevelUndergraduate
YearSecond
SemesterSecond
Lecturer Antonella Zucchella [email protected]
Course ProgramDefinition and role of marketing managementMarket analysis: macro- and micro environment analysis, market segmentation, positioning, consumer behaviour theoriesMarketing strategy: targeting, product-market combination, points of difference levearaging, positioning, Marketing policies: product, place, price, promotion.Developing a marketing planInnovation and evolution in marketing practices
Educational AimDevelop knowledge and competences in marketing management, applicable to different organisations and industries.
Reading ListAll details on the lecturer’s web page in the area MARKETING
AssessmentMultiple choice test based on the following book Peter, Donnelli and Protesi - “Marketing”, Mc Graw-Hill, 2009plus slides and readings on the lecturer web page.
81
MARKETING E FINANZA
9 ECTS
LevelUndergraduate
Semester Second
Lecturer Antonella Zucchella [email protected]
See MARKETING (9 ECTS) programme
MATEMATICA FINANZIARIA
FINANCIAL MATHEMATICS6 and 9 ECTS
LevelUndergraduate
YearSecond
SemesterFirst
Lecturer: Adele Colli Franzone A-K [email protected] Elena De Giuli L-Z [email protected]
Assistants: Cesare Zuccotti [email protected] A. Maggi [email protected]
6 ECTS
Course ProgramFinancial laws and systems, in particolar current laws regarding fixed and variable rates.Income streams: types and related problems.Financial operations: concepts and typologies. Capital formation.
82
Depreciation of divisible and indivisible loans: different methods and direct and indirect problems.Introduction to evaluation and choice criteria for financial economic projects.
Educational Aim This course deals financial laws and systems, income streams, financial operations and evaluation and choice criteria for financial economic projects.
Reading ListA. Colli Franzone, C. Zuccotti, The choice of economic-financial project, ISDAF, 2006A. Colli Franzone, C. Zuccotti, Financial Mathematics, ISADF, 2009
AssessmentWritten examination
9 ECTS
Course ProgramFinancial laws and systems, in particolar current laws regarding fixed and variable rates.Income streams: types and related problems.Financial operations: concepts and typologies. Capital formation. Depreciation of divisible and indivisible loans: different methods and direct and indirect problems.Introduction to evaluation and choice criteria for financial economic projects.
Educational Aim This course deals financial laws and systems, income streams, financial operations and evaluation and choice criteria for financial economic projects.
Reading ListA. Colli Franzone, C. Zuccotti, The choice of economic-financial project, ISDAF, 2006A. Colli Franzone, C. Zuccotti, Financial Mathematics, ISADF, 2009
AssessmentWritten examination
83
MATEMATICA GENERALE
MATHEMATICS9 ECTS
LevelUndergraduate
YearFirst
SemesterFirst
Lecturer: Elena Molho A-K [email protected] Giorgi L-Z [email protected]
Assistants: Elisa Caprari [email protected] Maggi [email protected]
Course ProgramLinear algebra. Vectors in Rn. Linear space. Linear dependence. Basis and dimension of a linear space. Matices. Daterminant. Inverse matrix. Rank. Systems of linear equations.Topology on R. Limits: definition, theorems, operations, calculus. Continuous functions and their properties. Differential calculus of functions of one real variable. The derivative and its geometric interpretation. Higher order derivatives. Continuity and derivability. Differentiation rules. Stationary points. Some fundamental theorems in differentiable analysis: Rolle, Lagrange, Hospital. Maxima and minima of derivable functions. The differential. Taylor formula. Concavity and convexity. Asymptotes. Study of the diagram of a function.Integral calculus of functions of one real variable. The indefinite integral and integration methods (decomposition, by parts, by substitution). The definite integral and its geometric interpretation. The mean value theorem. The fundamental theorem for integral calculus. Generalized integrals.
84
Functions of more than one variables. Introductory notions. Partial derivatives and gradient vector. Differentiability. Second order partial derivatives and hessian matrix. Maxima and minima.
Educational AimThe course offers an introduction to some basic instruments in Calculus and Linear Algebra that are used in a quantitative approach to economic and business models.
Reading ListChiang, A.C., Fundamental Methods of Mathematical Economics, Mc Graw-Hill, Singapore, 1984Simon, C.P. And Blume, L.E., Mathematics for Economists, W.W.Norton &Company.
AssessmentWritten exam with the possibility of an oral exam if the marks in the written exam is at least 24/30.
MATEMATICA PER L’ECONOMIA E LA FINANZA
MATHEMATICS FOR ECONOMICS AND FINANCE9 ECTS
LevelUndergraduate
Year Second
SemesterSecond
Lecturer: Giorgio Giorgi [email protected]
Assistant: Elisa Caprari [email protected]
Course ProgramA. ELEMENTS OF LINEAR ALGEBRA.
Structure of a linear (or vector) space. Basic notions on vectoris in Rn. Notion of linear dependence and independence of vectors in Rn,
85
of dimension and of base for a linear subspace of Rn. Linear mappings and representation theorem. Eigenvalues and eigenvectors; eigenspace; algebraic muliplicity of eigenvalues and geometric multiplicity; necessary and sufficient conditions to have n eigenvectors linearly independent; sufficient conditions to get the same property. Eigenvalues and eigenvectors of symmetric matrices. Similarity transformations and diagonalization of square matrices. Schur theorem. Jordan canonical form. Cayley-Hamilton theorem. Quadratic forms: classification and criteria to ascertain their sign (by means of eigenvalues and by means of principal minors). Constrained quadratic forms. Spectral radius. Matrix power series (“series of C. Neumann”). Nonnegative square matrices and Perron-Frobenius theorems. The Leontief economic model. The Sraffa model.
B. FUNCTIONS OF SEVERAL VARIABLES.Basic notions on differential calculus for functions of several variables; partial derivatives (of first order and of second order). Jacobian matrix and Hessian matrix. Differentiable functions. Equation of the tangent hyperplane to a surface. Chain rule for a composed function. Directional derivatives. Homogeneous functions: definition, main properties, Euler theorem. Implicit functions and related theorems. Taylor formula for functions of several variables.
C. OPTIMIZATION.Unconstrained optimization problems and constrained optimization problems. Weierstrass theorem. Unconstrained optima and Fermat theorem. Sufficient second-order optimality conditions for unconstrained optimization problems. Optimization problems with an abstract constraint (set constraint). Convex and concave functions; strictly convex (strictly concave) functions. Characterization of differentiable convex (concave) functions; characterization of twice-continuously differentiable convex (concave) functions. Application of convex (concave) functions to unconstrained optimizationn problems. Linear combination and composition of convex functions. Quasiconvex and pseudoconvex functions; their characterizations for differentiable functions and for twice-continuously differentiable functions. Constrained optimization problems with equality constraints. The case of two variables (and one constraint): method of transforming a constrained problem into an unconstrained one, geometric method, Lagrange multipliers method. The general case (n
86
variables): necessary optimality conditions and sufficient (second-order) optimality conditions. Economic interpretation of the Lagrange multipliers (sensitivity analysis and “shadow prices”). Constrained optimization problems with equality constraints (mathematical programming problems). Gordan theorem of the alternative. Abadie and F. John necessary optimality conditions. Constraint qualifications: Arrow-Hurwicz-Uzawa condition and its generalization, linear independence condition, Slater condition. Kuhn-Tucker necessary optimality conditions. Kuhn-Tucker sufficient optimality conditions. Mathematical programming problems with nonnegative variables. Method of the contour lines and of “restrictions” for the bidimensional case. The convex (concave) programming problem; saddle points of the Lagrangian function. Fan-Gliscksberg-Hoffman theorem of the alternative. Relationships between saddle points of the Lagrangian function and the Kuhn-Tucker conditions. Linear programming (L. P.): basic notions and classifications. Convex polyhedrons. Findamental theorem on L. P.. geometric solution for the bidimensional case. Basic solutions, feasible basic solutions and related theorem. Dual problems: basic definitions and notions. Existence theorem, weak duality theorem, duality theorem, complementary slackness theorem.
D. DYNAMIC SYSTEMS.Continuous and discrete dynamic systems. Differential equations: basic notions. Systems of first order differential equations. Existence of solutions. Uniqueness of a solution. First order linear differential equations. Systems of first order linear differential equations. Systems of first order linear differential equations with constant coefficients. Equilibrium solutions. Stability notions. Application to the case of a system of linear differential equations with constant coefficients: Routh-Hurwicz conditions, dominant and quasi-dominant diagonal matrices. Geometric methods for the stability of unidimensional systems (“phase diagrams”). Analytical methods for multidimensional systems: the Lyapunov “second method” and the linearization method. Application to the study of the stability of the equilibrium for a Walrasian economic system.
E. OUTLINES ON DISCRETE DYNAMIC SYSTEMS.F. OUTLINES ON DOUBLES INTEGRALS
Educational Aim The aim of the present course is to deepen some aspects of the program of the course “general mathematics” (first year) and, above
87
all, to provide the students with those mathematical tools and subjects, used in economic theory and related areas.all subjects concerning linear algebra and funcions of several variables, learned in the course of “general mathematics”, are to be known by the students attending the present course.
Reading ListSimon, C.P. and Blume, L. E., Mathematics for Economists, W. W. Norton & Co., New York.Chiang, A. C., Fundamental Methods of Mathematical Economics, Mc Graw-Hill, New York.Mangasarian, O. L., Nonlinear Programming, Mc Graw-Hill, New York.Takayama A., Mathematical Economics, Cambridge Univ. Press, Cambridge.
AssessmentWritten and oral exam.
MERCATI INTERNAZIONALI DEI PRODOTTI AGRICOLI
INTERNATIONAL TRADE OF AGRICULTURAL PRODUCTS6 ECTS
LevelUndergraduate
YearThird
SemesterSecond
Lecturer: Carlo Bernini Carri [email protected]
Assistant: Maria Sassi
Course ProgramInternational trade theories and commodities.Trends in the global and agricultural trade;The role of commodities in the international trade;Agricultural commodity markets: past development and outlook;Multinational firms and primary commodity
88
The main theories of the international trade.Basic concepts: economic benefits of trade and the comparative advantage theory according to the classical and neo-classical approach. The new theoretical formulations: the technological gap theory; the life cicle theory; the representative demand theory; etc.
Protectionism vs free tradeEconomic and non-economic factors for protectionism; food security and protectionism.Policies for trade at a national (tariffs, quotas, etc.) and international (price stabilisation schemes, etc.) level.Economic effects of trade policies: tradable and non tradable goods; partial equilibriummodel for the analysis of a single industry.Measurement of the protectionism level: nominal and effective protectionism coefficients; producer and consumer support estimate; aggregate measurement of support. Statistical indicators to evaluate the specialization degree of a country and the performances of its trading sectors.
International agreements and agricultureRegional integration processes: main types in the trade unions; trade creation and trade diversion effects.Gatt and WTO: concepts and rules; Gatt and trade liberalization. Urugay round and Agreement on Agriculture (AoA).From Gatt to WTO: a new round.A predictable agreement and its effects; the different interests among the group of countries.
Educational AimThe course provides the economic analysis of the agribusiness management through the understanding of the relationships across the production units of the system and the state and functioning of the agribusiness market. A specific attention is dedicated to the tools for the management decision making process.
89
Reading ListSpecific issues are available.Other lectures:Dominick S., Economia Internazionale, NIS, 1999.Berrnini Carri C., Trade liberalization, growth and food security, Aracne Ed., 2009.
Assessment Written
MICROECONOMIA
MICROECONOMICS9 ECTS
Level Undergraduate
YearFirst
Semester Second
Lecturer: Giorgio Rampa A-K [email protected] Rampa L-Z [email protected]
Course ProgramPrinciple of choice theory; equilibrium notionConsumption, demand, consumer surplusInformation, choice under uncertainty, insurancesProduction, costs, profits, supplyCompetitive equilibrium and efficiencyMonopoly and efficiencyGames and oligopolyExternalities and public goods
Educational AimThe course offers the fundamentals of the theory of individual choice (consumption, production, under uncertainty and under strategic
90
interaction), of market equilibria, and of their efficiency properties. The themes of perfect and imperfect competition, and of externalities, are dealt with.
Reading ListR.H. Frank, Microeconomia, McGraw-Hill, Milano, 2010
Assessment Written exam, plus possible oral exam
ORGANIZZAZIONE AZIENDALE
ORGANIZATIONAL THEORY AND DESIGN6 AND 9 ECTS
LevelUndergraduate
YearThird
SemesterFirst
Lecturer: Alberto Francesconi [email protected]
Assistants: Claudia Dossena [email protected]
6 ECTS
Course ProgramThe course concerns the principles of management in terms of organizational design. Both levels of the firm (as a whole) and single organizational units are analyzed. The attention is focused on the reciprocal relations between strategy, technology, environment and organizational variables. The main topics proposed are:1. organizational analysis and design, both from recent and
91
consolidated perspective;2. reciprocal link between strategic and organizational choices, such
as resources-based view and dynamic capabilities paradigms3. organizational forms: basic and complex structures4. job design (basic issues)5. environmental pressure on organizational design;The course balances theory and empirical issues also through the discussion of case studies. Main features and evolution of contemporary economy are considered.
Educational AimThe course aims at supplying basic knowledge in terms of organizational design in both profit and non profit organizations under the constraints of efficiency and effectiveness. Students will become comfortable with main organizational issues and models to interpret the human behaviours and to design structures and operating mechanisms at firm level and within single organizational units
Reading List Daft R.L., 2010, Organizzazione aziendale, Apogeo (Daft R.L.,
Organization Theory and Design, 10th ed.) selected chapters; Francesconi A., Dispensa di organizzazione aziendale, testo e casi.
A.A. 2010-2011 (teaching materials, text and cases);Rugiadini A. (1979), Organizzazione di impresa, Giuffrè, Milano
Other suggested Tosi H.L., Pilati M., 2008, Comportamento organizzativo. Attori,
relazioni, organizzazione, management, Milano, Egea; Morgan G., 2002, Images. Le metafore dell’organizzazione, 2° ed.,
Franco Angeli, Milano; Costa G. e Nacamulli R.C.D., Manuale di organizzazione, Vol. II "La
progettazione organizzativa (1997), Vol. III "I processi i sistemi e le funzioni aziendali" (1997), Vol. V "Metodi e tecniche di analisi e intervento" (1996), Torino, Utet Libreria.
AssessmentWritten
9 ECTS
Course Program
92
The course concerns the principles of management in terms of organizational design. Both levels of the firm (as a whole) and single organizational units are analyzed. The attention is focused on the reciprocal relations between strategy, technology, environment and organizational variables. The main topics proposed are:6. organizational analysis and design, both from recent and
consolidated perspective;7. reciprocal link between strategic and organizational choices, such
as resources-based view and dynamic capabilities paradigms8. organizational forms: basic and complex structures9. job design (basic issues)10. environmental pressure on organizational design;11. business inter-firm networks and organizational solutions for
innovation;12. organizational design based on technological features within
manufacture and service firms.The course balances theory and empirical issues also through the discussion of case studies. Main features and evolution of contemporary economy are considered.
Educational AimThe course aims at supplying basic knowledge in terms of organizational design in both profit and non profit organizations under the constraints of efficiency and effectiveness. Students will become comfortable with main organizational issues and models to interpret the human behaviours and to design structures and operating mechanisms at firm level and within single organizational units.
Reading List Daft R.L., 2010, Organizzazione aziendale, Apogeo (Daft R.L.,
Organization Theory and Design, 10th ed.) selected chapters; Francesconi A., Dispensa di organizzazione aziendale, testo e
casi. A.A. 2010-2011 (teaching materials, text and cases); Rugiadini A. (1979), Organizzazione di impresa, Giuffrè, Milano.
Letture consigliate: Tosi H.L., Pilati M., 2008, Comportamento organizzativo. Attori,
relazioni, organizzazione, management, Milano, Egea; Morgan G., 2002, Images. Le metafore dell’organizzazione, 2°
ed., Franco Angeli, Milano;
93
Costa G. e Nacamulli R.C.D., Manuale di organizzazione, Vol. II "La progettazione organizzativa (1997), Vol. III "I processi i sistemi e le funzioni aziendali" (1997), Vol. V "Metodi e tecniche di analisi e intervento" (1996), Torino, Utet Libreria.
AssessmentWritten
94
POLITICA ECONOMICA
ECONOMIC POLICY6 AND 9 ECTS
LevelUndergraduate
YearSecond
SemesterSecond
Lecturer: Carluccio Bianchi [email protected]
9 ECTS
Educational AimThe course presents the theoretical models proposed by economists to analyze the main issues of economic policy, with particular reference to the debate about the role and desirability of stabilization policies. These models are then applied to the study of the actual problems of the Italian economy and the operation of monetary policy in the Euro area. The methodological approach adopted in the course is both historical and analytical, with the aim of showing the student that each issue may involve different viewpoints and that the discussion of any actual problem necessarily implies the use of a theoretical model. This approach then tends to stimulate the development of the students’ critical attitude towards the structure and properties of the theoretical, alternative models currently used by economists.
Course ProgramThe course is divided into three parts: the first part of the course is dedicated to the different political economical theories, from the neoclassical theory to the new Keynesian macroeconomics. The main point is the continuous contrast between State intervention and laissez-faire.. The second part is dedicated to the discussion of the main actual problems of the Italian economy: the real growth, the balance of payments and exchange rate behaviour, public finances, inflation, unemployment. The third part consists on the definition of objectives, strategies and ways of operation of the monetary policy in
95
the EU.
The detailed program of the course is as follows: A- Part one - Market failures according to the neoclassical theory, micro and macro interventions: monopoly, public goods, externalities, imperfections and absence of markets, growth and public economics, cyclic fluctuations and money.- Keynes and the methods against mass unemployment: the relative role of fiscal and monetary policy. - Neo Keynesian and policies of income stabilisation: effects of fiscal policy, both in open and closed economy. - The theory of economic policy: objectives and instruments, decentralizations of the decisions, choices in conditions of uncertainty (Poole)- Monetarism and the inopportunity of stabilisation policies: discussions about crowding out. - The new classic macroeconomics and the inefficacy of stabilisation policies: rational expectations and the role of economic policy, effects of announced and unannounced policies, Lucas’ critic, temporal incoherency, rules against discretion in the economic policy, persistence of shocks, disinflation without costs, the role of credibility in macroeconomic policies; individual ultra-rationality and Ricardian equivalence; fiscal policy and inflation.- The new Keynesian macroeconomics: prices and wages inertia and desirability of stabilisation policies; supply shock and policy options; costs of disinflation, asymmetric information, rationing of the credit and transmission of the monetary policy. - Some marginal positions: disequilibrium theory, the supply-side economics, financial orthodoxy, the new school of Cambridge. -B - Part two - The process of growth of the Italian economy during the second post-world war and its features. - Evolution of short-run and the prospective of cyclical analysis; the economic police in a structural and cyclical context; possible limits to the growth process of the Italian economy.- The balance of payments as a possible constraint to the growth: the role of the current account and movements of capitals, conditions of sustainability and financial instability related to situations of high and continuous current deficit, the general Thirlwall model, currency liberalisation, interest rates and movements of capital. - The evolution of the Italian public finance: real and monetary effects
96
of public deficit, conditions of sustainability and financial instability related to high public deficits and growing debts; the dynamic of public debt and its determinant factors; extraordinary measures of reductions of the public debt; strategies of control of the deficit and of the public debt, the role of privatisation, the Maastricht treaty, the Stability Pact and the European Monetary Union- The dynamic of inflation in Italy; imported inflation; structural inflation: the so called “zoccolo duro”, ex-post and ex-ante indexing and inflation; level of cover of wages and dynamic of real wages; the debate about “scala mobile”. - Evolution of the labour market: employed, unemployed and unemployment rate; equilibrium of the market labour in perfect and imperfect concurrency; growth of product, productivity and employment; regulation of the labour market and unemployment: “Euro-sclerosis”.-C- Part three - The European Central Bank and the monetary policy in the European Monetary Union: aims and its justifications; the differences with the action of the Fed;- Operative strategies of the central banks: the monetary targeting, the inflation targeting and mixed strategies. - Monetary policy in the IS-LM scheme and in the real economy: money supply and monetary base. - The control of money supply and financial intermediation (brokerage?); relationships among monetary base, credit and bank deposits;- Effects of typical monetary policies: operations in open markets, official bank rate. Similarities and differences in certain and uncertain conditions.
Reading ListA) C. BIANCHI, L’economia italiana e i problemi della politica economica, II Edizione, Guerini Studio, Milano, 1998 G. MANKIW, Macroeconomics, V Edition, Worth Publishers, New York, 2003 (chs. 7-8) B) F. COTULA, La politica monetaria in Italia, Il Mulino, Bologna, 1989 (vol. II, par. 4.1, 4.2, 11.1); EUROPEAN CENTRAL BANK, The stability-oriented monetary policy strategy of the Eurosystem, Monthly Bullettin, January 1999, pp. 39-50; The outcome of the ECB’s evaluation of its monetary policy strategy, Monthly Bullettin, June 2003, pp. 79-92.
97
C) C. BIANCHI, On line lecture notes.
AssessmentMultiple written dissertation
6 ECTS– PROBLEMS AND POLICIES IN THE ITALIAN ECONOMY)
Course Program The detailed program of the course is as follows:
Growth theory (neoclassical and Keynesian) The possible constraints to economic growth, with particular
reference to the role of the balance of payments and of the foreign exchange market.
The evolution and problems of public finances in Italy (with particular reference to the Maastricht Treaty and to the Growth and Stability Pact requirements)
The behaviour and determinants of inflation, in a short run and in a medium run (structural) perspective.
Unemployment dynamics and the debate about the appropriate measures to reduce the unemployment rate.
Objectives and strategies of the European Central Bank; Effects and transmission mechanisms of the most common
monetary policy decisions.
Educational AimThe course purports to show how the analytical tools learnt in the previous basic courses in economics may be used to discuss the main problems of the Italian economy and to understand the policy decisions taken; a final analysis will concern the targets and the actual working of economic policies (monetary and fiscal) in the new institutional context of the European Economic and Monetary Union.
Reading ListA) C. BIANCHI, Teaching materials available on the lecturer’s web page. B) C. BIANCHI, L’economia italiana e i problemi della politica economica, II Edizione, Guerini Studio, Milano, 1998; G. MANKIW, Macroeconomia, IV edizione, Zanichelli, Bologna, 2004 (capitoli 7 e 8). C) F. COTULA, La politica monetaria in Italia, Il Mulino, Bologna, 1989 (vol. II, par. 4.1, 4.2, 11.1); BANCA CENTRALE EUROPEA, La strategia di politica monetaria dell’Eurosistema, orientata alla stabilità, Bollettino mensile, gennaio 1999, pp. 39-49; I risultati della
98
valutazione svolta dalla BCE sulla sua strategia di politica monetaria, Bollettino mensile, giugno 2003, pp. 85-99.
AssessmentMultiple written dissertation
PROBABILITA’ E STATISTICA
PROBABILITY AND STATISTICS6 ECTS
Level Undergraduate
YearThird
Semester Second
Lecturer: Antonio Lijoi [email protected]
Course ProgramProbabilityo Random variables and their transformationso Random vectora and their transformationso Simulation of random variablesStatisticso Point estimation: maximum likelihood method and construction
of unbiased estimators with uniformly minimum varianceo Hypothesis testing: determination of most powerful and
uniformly most powerful testso Basics on time series analysis: identification of seasonal ARIMA
models and prediction
Educational AimThe first part of the course aims at providing students with useful mathematical and computational tools for the analysis of random variables and vectors. The second part is focussed on some
99
classical topics of mathematical statistics which are developed according to the frequentist approach to statistical inference.
Reading ListNotes by the instructor
AssessmetOral test.
100
PROGRAMMAZIONE E CONTROLLO
PLANNING, PROGRAMMING & CONTROL9 ECTS
LevelUndergraduate
YearSecond
SemesterSecond
Lecturer: Anna Moisello [email protected]
Course Program Variable cost and fixed cost. Direct and indirect costsTraditional techniques of cost accounting. The activity based costingManagement control typologies and systemsDistinctive purposes of accounting for planning and controlCost centers, profit centers and investment centers.Transfer pricingBudgeting process in different kind of companies: indistrial transformation companies, services companies, job production companies and non profit organizationsDefinition of budget. Advantages of budgets. Illustration of preparation of the master budget.Reporting process and variance analysis
Educational AimThe course has the objective to introduce the pricipalis methodologies of analysis and calculation of the costs and to delineate the process of planning and control through budget analyzing the techniques introduced in relationship to different operational contexts.
Reading ListBRUSA, Sistemi manageriali di Programmazione e controllo, Giuffrè, 2000 (chap 1, chap2: from 2.1 to 2.7, chap.3, chap 4, chap. 5).
Moisello, I costi di produzione. Metodi e tecniche, Egea, 2000.
101
Horngren-Sundem-Stratton (2007), Programmazione e controllo, edizione italiana a cura di Agliati-Ditillo, Pearson-Prentice Hall (in alternativa al Brusa).Horngren-Sundem-Stratton (2007), Esercizi, problemi e casi. Programmazione e controllo, edizione italiana a cura di Agliati-Ditillo, Pearson-Prentice Hall.Ulteriori indicazioni bibliografiche verranno fornite nel corso delle lezioni.Further indications will be supplied during the course
AssessmentWritten and oral examination
SCIENZA DELLE FINANZE
PUBLIC FINANCE 9 ECTS
LevelGraduate
YearSecond
SemesterSecond
Lecturer: Alberto Majocchi [email protected]
Course ProgramThe course is divided in two parts:In the first part once the main functions of the public sector are defined, according to the traditional Musgravian distinction, the causes of market failure are analyzed: in particular, the existence of public goods, externalities, monopoly and natural monopoly, asymmetric information. Then, the tax theory is considered in depth, including the main types of taxes, the ensuing economic effects and the distorsions created by the tax system. Finally, some insights are provided in the theory of fiscal federalism and the sustainability of public debt.In the second part of the course three different topics are addressed.
102
First, the structure of welfare expenditures, including health, pensions and education. Secondly, the evolution of fiscal federal reform in Italy is analyzed and, finally, the European constraints on the management of fiscal policy within the Monetary Union.
Educational AimThe aim of the course is to provide the instruments needed to understand the causes of market failures and the structure of the policy measures targeted to increase the efficiency of the market
Reading ListBosi P., Corso di Scienza delle Finanze, Il Mulino, Bologna, 2003
Assessment Written examination
103
SISTEMI INFORMATICI
INFORMATION SYSTEMS6 ECTS
Level Undergraduate
YearSecond
SemesterFirst
Lecturer: Sergio Pezzoni [email protected]
Course ProgramData, informations, Information System.Design and development of Information System.EDI.DataRecord, file and database.Squential file.File direct.Indexed sequential file.Database.Information System.Hardware and software. Central Processing Unit.Central Storage. Peripheral storages.Terminals.Real time.Communication System. Networking. Transmission protocols. Internet, Intranet ed Extranet.Data processing.Software development.Flow chart.Programmino languages.C language.
104
DatabaseTables.RElations.Query.Report.SQL language.Information System management. Multitasking. Operatine Systems. Security. Availability. Serviceability. Cryptography. External Infromation Systams.Internet.E-business.E-banking.E-government.E-commerce.PortalsCall Centers.
Educational AimTo analyse Information Systems, hardware and software components.To analyse software development and database design.Development of databases with MS Access.
Reading ListS.Pezzoni , Sistemi iformatici, CLU Pavia Lectures of flow chart techiques and C language
AssessmentWritten examination and test on PC.
105
SOCIOLOGIA GENERALE
SOCIOLOGY6 ECTS
Level Undergraduate
YearSecond
SemesterFirst
Lecturer: Maria Rita Rampazi [email protected]
Course ProgramThe course is divided into two parts. The first part focuses on the sociological approach to the following issues: social change; order and power; economic organization and social division of work; social stratification and gender differences; space, territory and cities; science, technology ad communication. The second part focuses on contemporary life styles in connection with the changes that take place in consumer orientations.
Educational AimTo provide some interpretative categories in order to understand the relationship existing between economy and society, mainly between individual choices – both at productive and consumer level – and socially determined ones.
Reading ListFirst part: T. Grande, E. Giap Parini, Studiare la società. Questioni, concetti, teorie, Carocci, Roma, 2007Second part: R. Sassatelli, Consumo, cultura e società, Il Mulino, Bologna, 2004
AssessmentWritten
STATISTICA
106
STATISTICS9 ECTS
LevelUndergraduate
YearFirst
SemesterSecond
Lecturers: Matteo Ruggiero A-K(I part – 3 ECTS)Antonio Lijoi A-K(II part – 6 ECTS)
Pietro Rigo L-Z (II part- 6 ECTS)
Claudia Tarantola L-Z(I part- 3 ECTS)
Course Program1. Exploratory data analysis:
Qualitative and quantitative data Plots and graphics Mean, median, quantiles and variance Chebychev's inequality Bivariate data: covariance and correlation coefficient Regression
2. Probability: Definition of probability measure and some of its elementary
properties Conditional probability and independent events. Bayes'
theorem. Random variables: expected value, variance and moments Probability distributions: Bernoulli, binomial, Poisson, Gaussian,
negative exponential and uniform. Random vectors
3. Statistical inference: Population, sample, sampling functions, parameters Sampling distributions
107
Central limit theorem Point estimation, interval estimation and hypotheses testing Linear model with one regressor
Educational AimThe course aims at providing an introduction to data analysis, elementary probability and statistical inference. Main topics include: exploratory data analysis; random variables; population and sample; statistics and sampling distribution; point estimation; confidence interval; hypothesis testing; linear model.
Reading ListP. Newbold, W.L.Carlson, B. Thorne (2008). Statistica. Pearson - Prentice Hall.
AssessmentWritten test. Oral test (optional).
STATISTICA SOCIALE
STATISTICS FOR SOCIAL APPLICATIONS6 ECTS
Level Undergraduate/Masters Degree Course
Year Second
SemesterFirst
Lecturer: Claudia Tarantola [email protected]
Course Program1) Elements of sampling theory: Simple Random Sampling with or
without replacement, Stratified Random Sampling; Systematic Random Sampling; Cluster Random Sampling; Multi-Stage Sampling; estimator of the total; estimator of the proportion; sampling schemes for the analysis of contingency tables.
2) Indices of association: indices of connection (X2, Φ, P, Cramer’s
108
index) indices of dependencies (Goodman and Kruskal), index of relative risk and odds ratios.
3) Co graduation: indices of Kendall and Spearman.4) Analysis of contingency tables: Simpson Paradox and conditional
independence
Educational AimTo provide students with the models and main statistical tools useful to the understanding and solution of social problems.
Reading ListNotes written by the teacherAgresti, A. (2002). Categorical Data Analysis, Wiley.Brasini, S., Tassinari, F. e Tassinari, G. (1996) Marketing e pubblicità. Metodi di analisi statistica, Il Mulino. Cichitelli, G. Herzel, A. e Montanari G. E. (1997). Il campionamento statistico, Il Mulino (available at the Faculty library. Frosini, B. V., Mortinaro, M., Nicolini, G. (1999), Il campione da Popolazioni finite, Utet. Zani, S. (1997) Analisi dei dati statistici, volume 1 e 2, Giuffrè Editore.
Assessment Written and oral exam
STORIA DEL PENSIERO ECONOMICO
HISTORY OF ECONOMIC THOUGHT 6 ECTS
LevelUndergraduate
YearSecond
SemesterFirst
Lecturer: Lucarelli Stefano
Educational AimThe course purports to analyze the history of economy thought,
109
analysis and models of the main economists and schools of thought since mercantilism until today, highlighting the differences in methodology, contents and practical suggestions as to State action (or inaction) with regards to economic policy.
Course ProgramThe course is divided into two parts. The first one consists of a traditional survey of the historical evolution of economic thought since mercantilism until contemporary ideas; the second one is dedicated instead to the examination of the nature and the role of money according to the different schools of though in order to highlight its relevance or irrelevance with respect to the actual working of the real economic system.
1) Mercantilism and the theories of national wealth.2) Sir William Petty and the birth of political economy: method,
surplus and value.3) Francois Quesnay and Physiocracy.4) Adam Smith and classical laissez-faire.5) Ricardo and the theory of value, distribution and growth. The
debate between Ricardo and Malthus.6) Marx and his analysis of capitalism.7) The birth of marginalism and the subjective theory of value.
Scarcity, resource allocation and income distribution. Efficiency and optimality of a free market economy.
8) John Maynard Keynes and the critique of the neoclassical theory of income and employment. Economics as a social science. Economic policy measures against unemployment. The social consequences of inflation and deflation and the social consequences of the General Theory.
9) Schumpeter and Sraffa.
Reading ListP. GROENEWEGEN-G. VAGGI, Il pensiero economico, Carocci, Roma, 2002.
AssessmentMultiple written dissertation.
STORIA ECONOMICA
ECONOMIC HISTORY
110
6 ECTS
LevelUndergraduate
YearSecond, Third
SemesterFirst
Lecturer: Mario Rizzo (CLEC) [email protected] P. Corritore(CLACFA)
Course programAfter a brief introduction concerning some distinctive characters of the pre-industrial economy, the course treats of the Industrial revolution in Britain and then discusses the industrialization of other European and non-European countries, focusing on some major changes which occurred in the world economy in the 19th and 20th centuries.A short summary of the main topics to be covered in the course includes: The pre-industrial economy: some distinctive characters Britain, the first industrial nation, 1720-1870 The industrialization of Europe, 1815-1914 The industrialization of non-European countries: Japan and the
United States An early globalization, 1880-1914 The world economy between the two World Wars, 1914-1945 The world economy after the Second World War, 1945-2000 Decolonization, the Third World, globalization: an outline
Educational AimThe course aims at emphasizing the fundamental changes brought about by the Industrial revolution, discussing some of the main features and trends of the world economy in the 19th and 20th centuries.
Reading List
111
Marco CATTINI, L’Europa verso il mercato globale. Processi e dinamiche dal XV al XXI secolo, Milano, Egea, 2006 (capitolo 2: solo i sottoparagrafi 2.2.1, 2.2.2, 2.2.3, 2.3.3, 2.3.4; capitolo 3: solo i sottoparagrafi 3.1.2, 3.1.3, 3.2.1; tutti i capitoli dal 4 al 13 per intero).Stefano BATTILOSSI, Le rivoluzioni industriali, Roma, Carocci, 2002.
AssessmentOral
STRUMENTI FINANZIARI D’IMPRESA
FINANCIAL INSTRUMENTS
6 ECTS
Level Undergraduate
YearThird
SemesterFirst
Lecturer: Bruno Verona [email protected]
Course Program 1) Introduction to financial instruments. Definition of financial instruments and financial markets. Introduction to financial markets. Outline of financial mathematics2) Financial instruments market Primary and secondary government bond markets. Stock market. Regulations. Securities custody and administration Foreign exchange market3) Introduction to derivatives Definition of derivatives characteristics Derivatives measurement The role of derivatives in the financial system and the real
economy. Introduction to the futures, interest rate swaps and options
112
markets Introduction to financial risk management
4) Recognition, measurement and presentation of financial instruments in financial statements under IFRS
IAS 39 IAS 32 IFRS 7 Outline of IAS 17 (leases) Outline of specific research documents (factoring, securitisation,
etc.)5 Case studies and exercises
Educational AimThe aim of the course is an overall introduction on:* financial instruments and derivatives;* financial market operation;* recognition, measurement and presentation of the financial
instruments and derivatives in the financial statements according to IAS/IFRS accounting principles.
Reading ListKPMG handouts
AssessmentOral exam.
TEORIA SOCIOLOGICA
SOCIOLOGICAL THEORY 6 ECTS
LevelUndergraduate
YearThird
SemesterSecond
113
Lecturer: Maria Rita Rampazi
Course ProgramThe course regards: first part (30 hours), the main questions of the tradition of the economic sociology, from Marx to Schumpeter; second part (15 hours): principal issues of contemporary economic sociology (welfare State, crisis of the Fordism, Globalization).
Educational Aim The course takes in examination the principal matters of the economic sociology; among the most remarkable: socialization, culture and society, social stratification, mobility. The first form (30 hours) analyzes the principal matters of the tradition of the economic sociology from Marx to Schumpeter; the second (15 hours), considers the most remarkable themes of the contemporary (is social, crisis of the fordismo, globalization) economic sociology.
Reading ListFirst Part (30 hours): Carlo Trigilia, Sociologia economica, vol. 1°Second Part (15 hours): Carlo Trigilia, Sociologia economica, vol. 2°, capp. X, XI, XII
AssessmentWritten and oral.
VALUTAZIONE DELLE AZIENDE
BUSINESS EVALUATION 6 ECTS
LevelUndergraduate
YearThird
SemesterSecond
Paolo Arlandini
114
Assistants:
Educational AimThis course aims to provide students with the basic knowledge required: to manage planning and control processes over economic and
financial flows To prepare Business plans and Cash flows statements To make hypothesis in applying the different evaluation
approaches To apply the evaluation approaches in practice, with reference to
IAS/IFRS To perform an impairment test This course also includes case studies
Course Program1. The business plan and the estimate of earning flows and cash flows
Preliminary concepts Cash flows analysis Source and fund concept How to prepare the work sheet and make the requested
adjustments – Earning normalization. How to prepare the various structures of cash flows statement
and interpret the subsequent results .Multi-years earning and cash flows: forecast techniques. How to prepare and use the business plan
2. Business valuation Capital concepts: economic capital, going concern capital;
winding-up capital How to appreciate the economic capacity with reference to:
a business a branch a group investments in
o wholly-owned subsidiaries;o partially-owned subsidiaries;o minorities.
The valuation methods: The adjusted book value method. The separate valuation of goodwill and badwill
115
The earning –based methods The discounted cash flows methods. The methods for computing the discount rate (WACC
computation; CAPM, etc.) The market multiples method.
3. Impairment test Ias 36: objective and scope Identifying an asset that may be impaired Measuring the recoverable amount.
Measuring the recoverable amount o fan intangible asset with an indefinite useful life
Fair value less costs to sell Value in use
o Estimate of future cash flowso Discount rate
Recognizing and measuring an impairment loss CGUs
Identifying the CGU Recoverable amount and carrying amount of a CGU
Goodwill Allocating goodwill to CGUs Testing a CGU to which goodwill has been allocated Minorities Corporate assets Impairment loss for a CGU Reversing an impairment loss
For an individual asset For a CGU For goodwill
Reading ListE. Cotta Ramusino, L. Rinaldi, Valutazione delle aziende, ILSole24Ore, 2003
AssessmentWritten exam.
116