INDUSTRIAL ECONOMICS AND POLICY MOD. 2

The course is complementary to the other course of the degree: it provides the student with the basic knowledge of industrial economics and policy. In particular, the course will focus on the different types of firms, industrial policy, the theoretical debate and the national and international practices. Particular attention will be given to the objectives, targets and instruments of industrial policy. Furthermore, a specific focus will be offered on the sustainability of the structural changes of economies and on the role of industrial policy in this sense.

1. Knowledge and understanding
- learn the main theories on industrial policy
- understand the objectives, targets and instruments of industrial policy
- recognize the main practices at international level
- understand the evolution of theory and debate around industrial policy

2. Ability to apply knowledge and understanding
- ability to frame case studies in the theoretical reference framework provided
- ability to distinguish the different types of firm
- know how to distinguish the different types of industrial policy
- ability to highlight the advantages and challenges deriving from the use of industrial policy
- ability to read industrial policy in relation to the sustainability of structural changes

3. Judgment skills
- being able to critically evaluate the debate on industrial policy
- knowing how to suggest interventions to support the organization of the production system

4. Communication skills
- students will be able to exercise their ability to present and discuss scientific works - theoretical or applied - on the topics discussed in class by participating to the laboratories

Students might benefit from having already passed Microeconomics and/or Macroeconomics

1. Varieties of firms: a focus on the Asian case;
2. Systems of firms;
3. Industrial Policy: theories and debate;
4. Industrial policy and market failures
5. Strategic industrial policy and meta-economic objectives of industrial policy
6. Industrial policy, government failures and possible remedies
7. International experiences of industrial policy;

Di Tommaso M.R., Rubini L., Barbieri E., Tassinari M. (2021), Economia e Politica Industriale. Organizzazione della Produzione, Innovazione e Politiche di Interesse Pubblico, Il Mulino.

Attending students: Written exam and Laboratories
Written exam assessment:
- Ten multiple-choice questions (one point each correct question)
- one open answer (zero to twenty points)
Laboratories
- Up to 3 additional points on the total final grade based on the marks obtained in the labs

Non-attending students: Written exam
Written exam assessment:
- Ten multiple choice questions (one point each correct question)
- one open answer (zero to twenty point)

The course is offered in blended mode with some content provided online. The course includes lectures and workshops with presentation and discussion of study materials/case studies (workshops only for attending students). All information on how the course works will be provided during the first lesson.

Italian

written

This subject deals with topics related to the macro-area "Climate change and energy" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development