Economics

This course addresses how economic and psychological factors affect the economic decisions of individuals, focusing on their bounded rationality. Each class is composed of two parts. The first half of the class addresses the basic concepts and principles of Behavioral Economics, while the second half involves reading research articles and discussing the related research questions.

This course gives students a thorough introduction to the field of behavioral organizational economics. The course discusses seminal as well as current research papers in the field, featuring empirical studies as well as lab and field experiments. The goal of the course is to transfer research findings to real-world applications in organizations. Students study employment relationships between workers and organizations and get to know key factors that shape them in a positive way. Students focus on the two concepts of motivation and selection, and they learn about how to detect discrimination in the hiring process.

This course focuses on structure, functions, and current issues in the agri-food economy from input industry to farm processing to distribution and retail in Denmark, Europe, and internationally. The course covers issues such as the Danish agri-food industry; the European agri-food systems and trends; the economic organization of the agri-food industry; quality, food safety, and the consumer; globalization of food markets; chain management and organization in agri-food chains; and agri-food cooperatives and organizations.

This course considers current climate events and case studies in tandem with theoretical concepts and indicators. Topics include the ongoing debates and central concepts of green-growth; understanding the current climate crisis and its relationship with capitalism; faults with using GDP to measure development; international economic relations pertaining to the environment; how to collectively govern natural resources; theories and principles of political instruments to regulate the economy and the environment; and how to transition away from fossil fuels. 

This course examines Thai economic development using a comparative perspective. Topics include trends; growth and crises; role of agriculture; industrial policy and development; role of foreign investment; government, state enterprises and private sector; debates over ethnicity and entrepreneurship; service and informal sectors; demographic change, employment and migration; education and human resource development; environmental challenges; trends in income distribution; poverty measurement and policies; financial sector development; and regional, global trade and capital movements.

This course provides overview of financial markets and the structure of financial markets. It covers the various operating mechanisms of financial markets, the pricing method of financial assets, the interrelationship of major financial variables, and the behavior of various subjects by means of basic theory, knowledge, and skills of the market economy.

This course is part of the Laurea Magistrale program and is intended for advanced level students. Enrolment is by consent of the instructor. The course introduces fundamentals in economic evaluation theory and modeling methodology in healthcare. Students learn how to structure a medical decision model and how to estimate the incremental cost-effectiveness (ICER) and cost-effectiveness acceptability curves (CEACs), how to interpret results, and how to draw policy implications. Students are trained in critically reviewing HTA-studies, in order to judge their validity and applicability. The course discusses topics including CEA/CBA analysis; uncertainty and decision-making in healthcare; fundamental concepts of economic evaluation theory; theoretical foundation of modeling; types of models; development of decision trees and Markov models; an sensitivity analysis and the interpretation of the results. The course consists of ten classes. Classes are lectures which last three hours, with breaks where necessary. At least three classes are Excel workshops carried out in the computer lab. The course requires a reasonable level of understanding of basic mathematical concepts and basic probability theory. Students should also be comfortable with the basics of spreadsheet software such as MS Excel.

This course addresses the key issues that affect the economy and society in emerging markets: globalization, slowing growth, Covid-19, demography, women, urbanization, religion, commodities, water, renewable energies, climate change, currencies, enterprises, and geopolitical power politics. The course considers how the emergence of BRICS, the five major emerging national economies of Brazil, Russia, India, China, and South Africa, and the following wave of emerging countries appearing in the South, from Nigeria to Indonesia through Ethiopia and Vietnam, has created a strategic challenge for the OECD countries. The emerging markets are analyzed as both growing markets and competitors, with which new partnerships must be invented.