Economics

This course studies the cycle of public policy in developing countries, paying attention to evaluation of public policies, taxation in developing countries.

This course seeks to introduce microeconomic analysis as a way of understanding the world. Students are exposed to important topics like consumer choice theory, the theory of production and costs, the economics of time, and the impact of market failure and government intervention. Students are exposed to standard microeconomic theory to develop their economic intuition, while also gaining economic tools that support this intuition along the way.

This course offers a systematic, comprehensive and professional understanding in anti-money laundering and anti-terrorism financing and other types of financial crimes. The course covers the seriousness of financial crimes and the urgency of effective prevention and combat against them; compliance management and risk internal control; and the integration of the content of economics, finance, criminology, law, sociology, management, psychology and other interdisciplinary subjects.

One often encounters situations in which two agents are involved in a mutual agreement. Invariably, one economic agent has more information about a characteristic that is relevant to the agreement, than the other. In this course, students study how agents deal with this information asymmetry by designing incentives and embedding them in contracts. Students also study the effects of information asymmetry on the prevailing market equilibrium. Applications of the theory include insurance, labor economics, industrial economics, and environmental economics.

This is a first part of a year-long intermediate-level macroeconomics course. Specifically, in this semester the main topic is economic growth. Throughout this semester, the course answers the following questions: What are key factors for economic growth? Why do some countries grow faster than other countries? The course strengthens understanding of macroeconomics by exaimining economic theory and economic models. Mathematical models are applied in this course. Prerequisite: Principles of Economics.

This course examines how financial markets function and the financial instruments traded in financial markets. Topics include: money market; stock market; foreign exchange market; derivatives market.

This course is part of the Laurea Magistrale program and is intended for advanced level students. Enrolment is by consent of the instructor. At the end of the course the student has a sound knowledge of the financial products traded in the market, the differences among them, and the reasons why they were introduced in the market. The products range from standard bonds and stocks to derivatives and structured finance products. The student examines the main agents trading in the market, as fund raisers or investors, as well as financial intermediaries. The course starts by illustrating the role that financial markets play in the economy. Students are introduced to the key finance concepts of time value of money and no-arbitrage valuation. These concepts are applied to the valuation of two asset classes: fixed-income securities and financial derivatives.

The course teaches risk management practices for students aiming to advance their careers in the competitive world of global finance, in fields such as asset management, hedge funds, investment analysis, or risk management.