BUSINESS ECONOMICS (Gruppo B)
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- Versione italiana
- Academic year
- 2017/2018
- Teacher
- FRANCESCO BADIA
- Credits
- 10
- Didactic period
- Primo Semestre
- SSD
- SECS-P/07
Training objectives
- The main aims of the course are:
a) a first approach to, and understanding of, the variety of the basic economic units ("aziende") in terms of their objectives, characters, and types (firms, public administration, and families);
b) models and tools for representing the economics of a unit (accounting), as well as for short term decision-making (e.g., make or buy, break-even point, economies of scale and scope);
c) an analysis of the organizational, managerial and institutional aspects of economic units, using also the concepts of "main economic actor" and "stakeholder" as means to interpret in a unitary way the life and behaviour of these organizations in a systemic perspective.
At the end of the course the student is able to understand the overall principles of management, refered both to for profit and to not for profit organizations. Prerequisites
- None
Course programme
- 1. Economic organisations ("aziende") and their study (10 hours - book E. Giannessi)
2. The component parts of economic organisations and their relations with the environment. The systems approach (10 hours - book U. Bertini)
3. An introduction to the accounting principles (10 hours - book C. Caramiello)
4. Organisation and decision making processes (10 hours - book L. Anselmi).
5. Accounting: principles. The accounting and financial recording system. Economic equilibrium and the financial statements model (18 hours - book L. Marchi)
6. Economic convenience calculations. Production costs: classifications and configurations. The break-even point analysis. The economies of scale, scope, learning, and transaction systems (12 hours - book L. Anselmi). Didactic methods
- Theoretical lectures about the basic elements of the course, in rotation with practice/exercise lectures about cost acccounting and financial accounting. Proposal of case studies through a direct participation of managers.
Learning assessment procedures
- Written and oral examination. The course exam is devoted to test the level of achievement of the previously indicated training objectives. The written exam consists of open questions and exercises of accounting. The purpose is to verify the theoretical and practical knowledge of the topics of the course. The final grade is the average of the scores of the written and the oral examination. The access to the oral exam requires a score of at least 18 out of 33 in the written test. The student successfully passes the examination if it achieves the sufficiency both on the theoretical part and exercises.
Reference texts
- - Giannessi E., "Appunti di economia aziendale", Pacini, Pisa, ult.ed. 1993, cap. 1 (available at the Faculty Library).
- Caramiello C., "L'azienda", Giuffré, 2a ed., capp. 2-3, pp. 27-65 (available at the Faculty Library).
- Bertini U., "Il sistema d'azienda. Schema di analisi", Torino, Giappichelli, 1990.
- Anselmi L., (a cura di), "Elementi di management e dinamica aziendale", Torino, Giappichelli, 2006.
- Marchi L., (a cura di), "Introduzione alla contabilità d'impresa. Obiettivi, oggetto e strumenti di rilevazione", quinta edizione, Giappichelli, Torino, 2013.
- Lecture notes of the professor.
