79033 - Asset Management

Academic Year 2024/2025

  • Docente: Diego Lanzi
  • Credits: 6
  • SSD: SECS-P/03
  • Language: Italian

Learning outcomes

At the end of the course it is expected that the student will be able to analyze microeconomic and macroeconomic features connected to the topic of saving. As for the microeconomic aspects main models of the economic literature are presented and analyzed, both with certainty and uncertainty. As for the macroeconomic aspects the relations between saving, investment and financial markets in a close and in an open economy will be analyzed.

Course contents

1. Measures and theories of saving

2. Saving, Growth and Accumulation

3. Basics of choices in economics

Budget constraint

Indifference curves

Optimal choice

4. Intertemporal choice

Budget constraint

Optimal choice and Euler equation

Interest rate and saving

Liquidity constraint

5. Multiperiodal models

Permanent income

Lifecycle model

Pension systems and saving

Saving with and without certainty

 

 

Readings/Bibliography


Spataro L. (2020) "Economia del Risparmio e della Previdenza", Utet, Torino

Teaching methods

Class lectures and excercises

 

Assessment methods

A final written examination with three questions. Time 1.30 hrs

 

Grades

A+/30 e Lode

A/30

A-/29-28

B+/27-26

B/25-24

B-/23-22

C+/21-20

C/19-18

Failed/<18

Office hours

See the website of Diego Lanzi

SDGs

Decent work and economic growth

This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.