Foreign students undergraduate courses

1. 
   Natural monopoly and competition: existence, sustainability, equilibrium and efficiency issues; competition for the market and contestable markets.
   
2. 
   Optimal tariffs with and without subsidies, linear and non linear tariffs.
   
3. 
   Information and Incentives: informational rents and optimal mechanisms, incentives and productive efficiency,
   
4. 
   Rate of return regulation and price-caps
   
5. 
   Liberalisation issues
   
6. 
   The case of the natural gas market: liberalisation issues and regulatory reform
   

A. Cavaliere “The Liberalisation of Natural Gas Markets: Regulatory Reform and Competition Failures”, available on the website of the Oxford Institute for Energy Studies, www.oxfordenergy.org

1. 
   Natural monopoly and competition: existence, sustainability, equilibrium and efficiency issues; competition for the market and contestable markets.
   
2. 
   Optimal tariffs with and without subsidies, linear and non linear tariffs.
   
3. 
   Information and Incentives: informational rents and optimal mechanisms, incentives and productive efficiency,
   
4. 
   Rate of return regulation and price-caps
   
5. 
   Liberalisation issues
   
6. 
   The case of the natural gas market: liberalisation issues and regulatory reform
   
7. 
   The telecommunication sector: liberalisation issues and regulatory reform
   
8. 
   The electricity market: liberalisation issues and regulatory reform
   

A. Cavaliere “The Liberalisation of Natural Gas Markets: Regulatory Reform and Competition Failures”, available on the website of the Oxford Institute for Energy Studies, www.oxfordenergy.org

Why Corporate Finance is important

Balance Sheet and cash flow analysis

Actual value and Stocks&Bonds valuation

Asset pricing models

Capital budgeting

Cost of capital

Investments valuation

Market efficiency

Financing decisions

Dividend policy

Capital structure

Leverage and costs of default

Options

Debt instruments

Leasing

To give students the capacity to understand the theory and apply, in real world situations, the techniques which have been developed in corporate finance.

(BEN) S.Benninga, Financial Modeling, Mit Press 2008, 3 ^th edition,

D’ambrosio – Hodges, Esercizi di Finanza Aziendale, Mc Graw-Hill, 1995, 2 ^nd edition

Why Corporate Finance is important

Balance Sheet and cash flow analysis

Pro forma models

Actual value and Stocks&Bonds valuation

Asset pricing models

Capital budgeting

Cost of capital and best practices in cost of capital estimation

Investments valuation

Market efficiency

Manias, speculative bubbles, panics and crashes

Financing decisions

Dividend policy

Capital structure

Leverage and costs of default

Options and real options

Warrant and convertible bonds

Debt instruments

Leasing

To give students the capacity to understand the theory and apply, in real world situations, the techniques which have been developed in corporate finance.

(BEN) S.Benninga, Financial Modeling, Mit Press 2008, 3 ^th edition,

(BRU) R. Bruner, Case studies in Finance – Managing for Corporate Value Creation, 5^th edition, McGraw-Hill, 2007.

D’ambrosio – Hodges, Esercizi di Finanza Aziendale, Mc Graw-Hill, 1995, 2 ^nd edition

6 ECTS
Level

Undergraduate
Year

Free
Semester

second
Lecturer

Pietro V. Aimo

Carluccio Bianchi

Arturo Colombo

Ettore Dezza

Elisa Romano

Fabio Rugge

Don Ernesto Maggi
Course Program

The Constitution of the new Kingdom: the “Statuto Albertino” - prof. Franceso Rigano

9 ECTS

The course introduces the concept of environment in its multiple facets, with particular attention to the strategic role of natural resources for a planning policy both at the organisational and at the systemic levels.

the first part provides the framework of development pathways within the current sustainability theories, from the rio declaration to the kyoto protocol, by means of the implementation of a broad range of certification instruments. furthermore, corporate choices are related to the need of buying/selling green or white certificates and co2 quotas.

The current economic context requires a detailed examination and evaluation of the energy resources, both traditional and renewable (alternative), with particular focus towards the environmental impact and energy savings related to the use of the most recent technologies. the standardisation and relational issues are considered in the european context.

The environmental policy of the european union considers air, water and soils as resources and therefore as economic goods, the management of which in an integrated cycle, allows to pursue conservation and development objectives.

The course analyses the basic principles and characteristics of the market for those commodities that are useful for the production of the organisation, with particular reference to the different supply sources and therefore their costs, from which depend the organisation results.

Undergraduate

First

Private law and its sources: an introduction

Property

Obligations

Contracts

Torts

Remedies

Iudica-Zatti, Linguaggio e regole del diritto privato, 10th ed., Padova, 2008, chapters 1-23, 28, 29, 30, 38. As an alternative, any other updated university handbook. To study private law it is necessary to consult the Italian civil code, in an updated edition: for instance De Nova, Codice civile e leggi collegate, Zanichelli, ed. 2010.

Students will sit a written examination.

Private law and its sources: an introduction

Property

Obligations

Contract

Specific contracts

Torts

Other sources of obligations. Negotiable instruments

Enterprises, Companies, insolvency: an introduction

New properties

Family law

Law of succession

Introduction to civil justice

Undergraduate

Second

Assistant

Patricia Esposito

patricia.esposito@unipv.it

French for Business Studies

Written exam including: lexical test, grammar test, comprehension

Oral exam including: reading, translation and talking about studied subjects.