CourseECONOMICS
Code370PP
Credits6
PeriodSemester 2
LanguageEnglish
This course offers an integrated analysis of the “anatomy of the capitalist engine” of generation and exploitation of technological, organizational and institutional innovations.
Drawing upon a perspective based on complexity and evolutionary economics, the course will focus on the mechanisms of knowledge accumulation, since the First Industrial Revolution.
Knowledge structures and organizational forms will be analysed, both theoretically and empirically.
Industrial structures will be studied as out-of-equilibrium emergent properties, deriving from the interactions of heterogenous, boundedly rational agents.
In class interactions and discussion sessions
Students will acquire a detailed knowledge of the microeconomics of innovation, organization theory and industrial structure.
Skills will be eavlauted in the final exam
Analytical thinking
Active student participation during classes.
Introductory Microeconomics
The lectures will be held in presence.
Topics
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Development, Growth, and Economic Coordination
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Innovation as an evolutionary process
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Behaviours, Learning, and Organizations in Complex and Evolving Environments
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Formal Models of Learning, Innovation, and Diffusion
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Knowledge, Procedures, and Input–Output Relations
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The Structure and Evolution of Industries
- G. Dosi (2023). The Foundations of Complex Evolving Economies: Part One: Innovation, Organization, and Industrial Dynamics. Oxford University Press. Chapters 1,2,3,4 and selected contents of Chapters 5,6,9.
- Slides and lecture notes
The exam will consist in a written take-home exam.