written exam and students presentations (if possible); mid term on standard topics of induastrial economics.
Course program
Elements of Political Economy:
introduction, make up classes in microeconomics, decision-making and organizational strategies of the (successful)firm, study of the market structure in which the firm operates, the role that consumers play in the firms' decision-making processes. Natural monopoly, regulation, price discrimination, oligopolistic competition, determinants of market concentration
Investment under uncertainty:
starting from the theory of investment under certainty, analysis of the main changes changes if the environment is uncertain, models à la Dixit
Innovation and Research and Development:
Innovation and R & D: the macroeconomic point of view, the point of view of the company, technology policy in the EU and in Italy