ECONOMICS OF INSURANCE AND PENSIONS

ECONOMICS ECONOMICS OF INSURANCE AND PENSIONS

0222200049
DEPARTMENT OF ECONOMICS AND STATISTICS
EQF7
ECONOMICS
2021/2022

OBBLIGATORIO
YEAR OF COURSE 2
YEAR OF DIDACTIC SYSTEM 2018
SPRING SEMESTER
CFUHOURSACTIVITY
1060LESSONS
Objectives
THE AIM OF THE COURSE IS TO ILLUSTRATE THE BEHAVIOR OF FIRMS AND THE RESULTS OF THE MARKET IN THE PRESENCE OF IMPERFECT COMPETITION.

THE COURSE DEEPENED CONTENTS AND METHODS OF ANALYSIS OF THE INDUSTRIAL ORGANIZATION WITH REFERENCE TO FIRMS AND MARKETS.

THE GOAL IS TO PROVIDE STUDENTS WITH A SET OF KNOWLEDGE THAT ALLOW THEM TO UNDERSTAND THE MOST RELEVANT PROBLEMS OF MARKET POWER AS WELL AS THE VARIOUS REASONS THAT JUSTIFY THE REGULATORY INTERVENTIONS BY THE ANTITRUST AUTHORITY.
Prerequisites
THIS IS AN ELECTIVE COURSE DESIGNED FOR MASTER STUDENTS. KNOWLEDGE OF INTRODUCTORY MICROECONOMICS AND MACROECONOMICS IS REQUIRED.
Contents
THE AIM OF THE COURSE IS TO INTRODUCE STUDENTS TO A VARIETY OF TOPICS RELATED TO INSURANCE THEORY.

PRELIMINARIES

DEMAND OF INSURANCE

SUPPLY OF INSURANCE

INSURANCE MARKET

ADVERSE SELECTION

MORAL HAZARD

SOCIAL SECURITY PROGRAMS
Teaching Methods
THE COURSE INCLUDES 30 CLASSES, 2 HOURS EACH (10 CFU). 6 HOURS WILL BE DEDICATED TO EXERCISES. THE DIRECT INVOLVEMENT OF THE STUDENT IS REQUIRED.
Verification of learning
THE COURSE GRADE WILL FOLLOW A FINAL WRITTEN EXAM CONSISTING IN THEORETICAL QUESTION AND EXERCISES. THE EXAM WILL BE CONSIDERED PASSED IF YOU WILL GET A MINIMUM OF 18/30
Texts
THE BOOKS FOR THE COURSE ARE:

RAY REES AND ACHIM WAMBACH, 2008. THE MICROECONOMICS OF INSURANCE. NOW PUBLISHER INC.

GRUBER JONATHAN. PUBLIC FINANCE AND PUBLIC POLICY, 6TH EDITION, MACMILLAN.

OTHER REFERENCES:
STUDENTS ARE EXPECTED TO READ CAREFULLY SPECIFIC PARTS OF THEM. ON TOP OF IT, THERE WILL BE LECTURE SLIDES AND A NUMBER OF SUGGESTED READINGS FOR EACH TOPIC.
More Information
ATTENDANCE OF CLASSES IS WARMLY RECOMMENDED.
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