INDUSTRIAL ECONOMICS AND POLICY MOD. 2

The course complements the other courses of the degree: it provides students with the basic knowledge about industrial policy and economics. In particular the course will deal with the theory of the firm, different form of enterprises, the local productive systems and networks, and industrial policy. The course will specifically refer to the national and international experiences of organization of production and innovation processes, in a comparative perspective, and will refer to case-studies to stimulate discussion.

1. Knowledge and understanding
- learn the main theories of the firm
- place clusters and districts within such theories
- frame firms’ strategies within an industrial and territorial system
- be familiar with major international experiences in the organization of production and innovation processes
- understand the evolution of theory and debate around industrial policy

2. Ability to apply knowledge and understanding
- know how to frame case studies in the theoretical framework of reference provided
- know how to distinguish the different types firms
- know how to frame the industrial structure and the innovation system the firm belongs to
- know how to highlight the advantages and challenges deriving from different modes of organization of production
- be able to identify advantages and disadvantages from the use of industrial policy

3. Ability to judge
- be able to critically assess the evolution of the organization of production in various contexts
- be able to critically assess advantages and disadvantages of the industrial localization
- know how to suggest interventions to support the functioning of the productive system

4. Communication skills
- students will be able to exercise their ability to present, argue, discuss theoretical and empirical knowledge/case studies - on the topics discussed in class through participation to the laboratories

Students are encouraged to take the Microeconomics and Macroeconomics exams before this course

Module II will deal with the following topics:

- Variety of enterprise models and forms
- Vertical and horizontal integration
- Strategic alliances
- Main theories and practices of industrial policy
- Antitrust regulation
- Economics of innovation (technological innovation, innovation protection and open innovation)

Common to module I and II:

Di Tommaso, M.R., Rubini, L., Barbieri, L., Tassinari, M. “Economia e Politica Industriale. Organizzazione della produzione, innovazione e politiche di interesse pubblico”, Il Mulino, Bologna, 2021.

Specific to module II:

See exam materials on Moodle

More detailed information about referral texts will be provided during class

Partecipants to group works: Written exam (50 percent of the final grade) and laboratories (50 percent of the final grade)
All the other students: Written exam (100 percent of the final grade)

written

The lecturer has a duty to ensure that the rules regarding the authenticity and originality of exam tests and papers are respected. Therefore, if there is suspicion of irregular conduct, an additional assessment may be conducted, which could differ from the original exam description.

A. Scores in the range of 18-22 are awarded when there is:
- Sufficient knowledge and understanding in relation to the program.
- Ability (although limited) to apply knowledge and evaluate proposed cases or scenarios, or analyse data, formulating independent judgments.
- Sufficient communication skills, especially concerning the use of specific economic language, are displayed.

B. Scores in the range of 23-26 are awarded when:
- Fair knowledge and understanding in relation to the program.
- Fair ability to apply knowledge and evaluate proposed cases or scenarios, or analyse data, formulating independent judgments.
- Fair communication skills, especially concerning the use of specific economic language, are displayed.

C. Scores in the range of 27-30 are awarded when:
- Good or excellent knowledge and understanding in relation to the program
- Good or excellent ability to apply knowledge and evaluate proposed cases or scenarios, or analyse data, formulating independent judgments.
- Good or excellent communication skills, especially concerning the use of specific economic language, are displayed.

D. Honors are awarded when excellent knowledge and understanding applied in relation to the program, excellent judgment capacity, and communication skills are demonstrated

The course is mainly held on campus. The course includes lectures and workshops with presentation and discussion of theoretical and empirical knowledge/case studies. All information regarding the functioning of the course will be provided during the first lecture.

The programme may be subject to some changes.
Please remember to register on MOODLE

This subject deals with topics related to the macro-area "Circular economy, innovation, work" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development