University of Commerce Luigi Bocconi

This course provides an information set to properly assess investment opportunities using accounting publicly released information. The course includes: a review of basic accounting concepts and main tools; the analysis of financial statements; earnings quality analysis: determinants, economic consequences, and proxy; firms’ valuation using the most common valuation techniques; and an overall understanding of role and responsibility of key players in the financial information field (analysts, investor relators, and so on). The course requires knowledge of basic financial accounting as a prerequisite.

This course focuses on how to create value and growth through innovation in new and existing markets. The course includes a general overview of reasons for success or failure of new products as well as techniques on how to identify opportunities for successful product/service innovations. Students examine the skills of innovation and how to apply those skills within the context of a marketing strategy framework. Students apply innovation methods across a wide variety of product and service categories. The course is taught using interactive workshop methods and techniques. Students first experience these facilitation techniques while learning innovation.

This course introduces students to the politics of the Middle East and North Africa (MENA), with a particular focus on regional dynamics related to religion, authoritarianism, foreign intervention, and popular politics. The first half of the course provides the main historical, social, and economic features underpinning current politics in MENA by examining historical state formation, authoritarian governance, and political economy in the region. In so doing, the course equips students with the main analytical tools needed to comprehend and critically analyze the course of current political developments, which the second half of the course addresses. Students learn about the trajectory of the Arab Spring, the rise and decline of Islamist political movements, and ongoing struggles with civil wars and terrorism, among other topics. The course requires students have basic knowledge of theories and concepts of political science to participate in the course.

This is an intensive intermediate Italian language course designed for students with a minimum of 3 quarters/2 semesters of previous Italian language (the equivalent of Italian 1B). Grammar is applied through exercises, games, communicative activities, written texts and oral monologues, role play and use of various media. Students express basic and more complex needs which enable them to communicate regarding a variety of topics. Students read texts and write descriptive and narrative texts. Grammar topics covered include: regular and irregular verbs in present, past, past perfect, imperfect, future simple and past and conditional tenses and learning to recognize the remote past tense; adjectives and indefinite pronouns; direct and indirect pronouns; simple and complex prepositions. Student performance is evaluated based on quizzes and a final exam. Texts include a reader provided by Bocconi.

The course addresses the main approaches to the measurement of inequality and poverty, their main trends at the global level, and their fundamental determinants. For each topic the course discusses the relevant theoretical framework, the main measurement issues, and the available empirical evidence. The course discusses topics including trends in inequality and poverty including inequality, the financial crisis, and the great recession, and global trends in inequality and poverty.; measurement tools including the need for criteria, the transfer principle and other criteria for evaluating inequality measures, income distribution functions (Pareto, Normal, and Log-normal), partial ordering methods (stochastic dominance and the Lorenz Curve), complete ordering methods (the Gini index), and measuring inequality using STATA; topics in inequality including the top 1%: capital in the 21st century, the remaining 99% (skills, education, job polarization, robots, trade, and the rise of earnings inequality), migration and inequality, intergenerational inequality (where is the Land of Opportunity?); measurement of intergenerational income elasticity and rank-rank regressions, the Great Gatsby curve, and optimal taxation; and topics in poverty including poverty measures, anti-poverty policies (earned income tax credit and food stamps), and Universal Basic Income in  advanced Countries. The course strongly recommends students have a background in microeconomics, mathematics, and statistics, including basic concepts such as utility functions, derivatives, integrals, probability distribution functions, expected values, mean, variance, and other basic quantitative concepts.