First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Human and Social Sciences and Cultural Heritage
Course unit
SUP7080281, A.A. 2017/18

Information concerning the students who enrolled in A.Y. 2017/18

Information on the course unit
Degree course Second cycle degree in
SU2297, Degree course structure A.Y. 2017/18, A.Y. 2017/18
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Number of ECTS credits allocated 9.0
Type of assessment Mark
Course unit English denomination ECONOMIC POLICY AND LOCAL DEVELOPMENT
Website of the academic structure
Department of reference Department of Historical and Geographic Sciences and the Ancient World
E-Learning website
Mandatory attendance No
Language of instruction English
Single Course unit The Course unit can be attended under the option Single Course unit attendance
Optional Course unit The Course unit can be chosen as Optional Course unit

Teacher in charge MARCO RANGONE SECS-P/02

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated

Course unit organization
Period Second semester
Year 1st Year
Teaching method frontal

Type of hours Credits Teaching
Hours of
Individual study
Lecture 9.0 63 162.0 No turn

Start of activities 26/02/2018
End of activities 01/06/2018

Examination board
Board From To Members of the board
1 Commissione 2017/18 01/06/2018 30/05/2019 RANGONE MARCO (Presidente)

Prerequisites: A basic knowledge of social and economic facts, as they are learned by newspapers and magazines, websites and blogs, broadcasted programs.
Target skills and knowledge: The course aims at:
showing that economic systems, and especially market based ones, are social constructions negotiated among the various participating actors.
Showing that the economic analysis of economic actions cannot overlook explicit evaluation of their goals and outcomes.
Using such an enhanced view of the economic field, I will highlight the historical and contextual roots, the distortions and nonlinear effects (e.g. non accounted costs, the creation and strenghtening of inequality...) of market systems, as well as the value judgements implicit in the conventional view.
At the end of the course, students:
- will have attained a technical terminology related to the subject
- will have acquired the basic concepts of economic policy
will be able to understand and discuss critically the basic tenets of economic policy as well as its epistemological and methodological foundations, as expressed in a specialistic article or an expert intervention (as far as they don’t require specific technical knowledge that may be only given in more advanced courses – e.g. econometric analysis, advanced modelling).
Examination methods: After both first and second parts, partial examinations are carried on to assess that students understand and make good use of concepts, language and methods. These partial tests count for 25% each of the final mark. The third part is conceived as a workshop, and a further 20% is given based on student research, presentation and participation to debate. A final written brief essay (open books) based on original material is worth the remaining 30%.

Non attending student will go through a single written exam, made of two parts: the first, based on open questions, worth 70%; the second, a written brief essay with open books based on original material, is worth the remaining 30%.
Assessment criteria: Assessment criteria will regard:
- knowledge of concepts;
- use of appropriate language to describe and analyse economic facts;
- understanding of economic relations, with particular attention to their connection to the social and natural systems.
Course unit contents: Part 1 - General (20h)
This part will deal with the basic relevant notions of an intermediate economics course (cost and benefits, opportunity costs, demand/supply/equilibrium price), assessing the theoretical and empirical requirements that allow individual and collective agents to exploit the advantages of a market-driven economic process (such as property rights; information, knowledge and rationality; entry and exit options; transaction costs; entrepreneurship, risk attitude; technology and innovation).
It will deal with the three basic questions of economic activity (What, how, for whom to produce, i.e. what is the economy for), digging into the different roles of the various spheres of economic activity and the institutions of market economies: money, infrastructures, social capital.
It will provide introductory micro- and macro-economics instruments for geography.

Part 2 - Local economic policies for development (15h)
An introduction to systemic approaches to economic development in the footsteps of Hirschmann, Kapp, Myrdal, Perroux is provided, and used to assess local economic policy issues. By framing development this way, students will dwell critically into a) the conventional view of economic problems and b) the social construction of a public discourse around them.

Part 3 - Themes (28h)
In this section, students will deal with a number of common local economic issues.
- the communitarian economy between growth and social sustainability
- complementary currencies
- the economy as a socio-technical system
- local economies as local labour systems
- the economic impact of (local) events and their legacy
- water management (the Irish case: application of rates and Shannon basin proposal)
- traffic (congestion, prices, car sharing, public transport and infrastructures; uber vs taxis)
- the airfication of cities (airbnb etc.)
Planned learning activities and teaching methods: As seen above, the course will be divided into three parts. The first two are dealt with through lectures, using slides, visual media, internet browsing. The third part will involve attending students in researching and debating the different themes.
For not attending students, instruction will be given at a later stage (the course is scheduled in the second semester, starting March 2018). Please contact the teacher for further information.
Additional notes about suggested reading: Goodwin N. et al., Microeconomia. Organizzazioni sociali e conservazione delle risorse. Bari: Zanichelli, 2008


Goodwin N. et al., Principles of economics, Routledge (selected chapters)

Journal and newspaper articles, slides and other documents will be given throughout the course and placed in moodle
Textbooks (and optional supplementary readings)