Bilancio d'Esercizio

The primary goal of this course is to equip students with essential mathematical tools that are crucial for a comprehensive understanding of the foundations and methodologies in modern economic analysis. These tools will prove particularly beneficial in subsequent courses, with a specific emphasis on Microeconomics.During Week 1, we will conduct a thorough review of calculus and linear algebra, concurrently introducing the concept of a fixed point. Moving into Week 2, our focus will shift to the study of optimization—the fundamental mathematical framework economists employ to model the decision-making process among agents faced with various alternatives.Week 3 will be dedicated to exploring difference and differential equations, essential tools economists utilize to depict the dynamic evolution of economic phenomena over time. Shifting our attention to Weeks 4 and 5, we will delve into the calculus of probability, serving as the mathematical foundation for the examination of risk. This understanding is particularly critical in fields like finance. In Week 6, we will study a more advanced topic in optimization, dynamic optimization, useful for macroeconomics.By the end of this course, students will have acquired a robust mathematical toolkit that forms the basis for a good comprehension of economic theories and practices.This course is part of the "Market Analysis" Program. If you wish to follow this course, you need to enrol via the Program at this link. 

The objective of this course is to provide students with the analytical tools to understand Microeconomics: the study of economic activity including individuals and firms from the point of view of individual decision-making units. The course will begin with the basics of the analysis of production decisions by firms. We start with the standard cost functions and the we will move on to multi-product firms and technological production sets. The properties of profit functions will be analyzed. The model of production will then be integrated with the exchange models of the first course in the sequence. The existence of equilibrium in economies with production will then be discussed, together with their welfare and distributional properties. We will then conclude with the discussion of models of decision-making under uncertainty.This is the second of a sequence of two courses in Microeconomics. They are designed as an integrated sequence. This second course builds on the first adding production to the framework. Throughout it, the basic paradigm will be that of competitive environments modeled assuming price-taking behavior.This course is part of the "Market Analysis" Program. If you wish to follow this course, you need to enrol via the Program at this link. 

The course “New strategic business models in tourism: coopetition and innovation” investigates the main facets of the hospitality industry, starting from the meaning and evolution of hotel business model concepts to the value co-creation processes. The latest phenomena occurred in the most recent years in the hospitality industry represent the main themes characterizing this course: from the importance of intangible assets and managers’ soft skills to the coopetition dilemma. The relationship between destinations and hotel companies is therefore investigated, addressing how these ones can influence the former and vice-versa. Strategic management and competitive advantages are changing very quickly, due to the high level of innovation and hyper-competitiveness characterizing the hospitality industry. Accordingly, coopetition and open innovation practices are the main weapons to face with environmental and market changes. Hence, a specific attention is paid to the existing mechanisms.

The objective of the course is to equip the students with the analytical tools to understand Microeconomics: the study of economic activity including individuals and firms from the point of view of individual decision-making units. The course is foundational for a broad range of other subjects in Economics and as such highly abstract and fairly demanding from a mathematical point of view.This course will begin with the analysis of individual preferences, and then proceed to models of consumer behavior, including labor supply decisions. Multiple individual consumers will then be considered to form a “pure exchange economy.” The existence of equilibrium in these economies will then be discussed, together with their welfare and distributional properties.This course is part of the "Market Analysis" Program. If you wish to follow this course, you need to enrol via the Program at this link.