International Economics and Policy
Scientific Disciplinary Sector (SSD)
SECS-P/02 - ECONOMIC POLICY
Secondo semestre (lauree) dal Feb 20, 2023 al May 31, 2023.
The course aims to provide students with the knowledge to understand the main economic and financial issues at the international level, and to comprehend the tools used by monetary and fiscal authorities. The course will start by introducing models of international trade and the role of trade policy and then will move to the economic analysis of the European Monetary Union.
Prerequisites and basic notions
Knowledge of Macroeconomics and Microeconomics.
The course is divided into two sections. The first looks at international trade: it shows its role in contemporary economies and introduces some models to understand it. The second analyses the origin and the working of the European Monetary Union, with a focus on how the European Central Bank and the European Commission have managed the economic crises.
P. Krugman, M. Obstfeld e M. Melitz, Economia internazionale, vol. 1, Milano, Pearson (undicesima edizione). Capp. 1-9 e 12.
P. De Grauwe, Economia dell’unione monetaria, Bologna, il Mulino (undicesima edizione). Capp. 1-7, 9-11.
Visualizza la bibliografia con Leganto, strumento che il Sistema Bibliotecario mette a disposizione per recuperare i testi in programma d'esame in modo semplice e innovativo.
The course consists of lectures.
Learning assessment procedures
A 90-minute written examination with 4 open questions.
There is an interim exam, which accounts for 50% of the final marks. Those who passed this exam are exempted for the section already covered for the first and second exams in the Summer session.
The ability to compare and contrast different economic situations is highly appreciated. It is also appreciated the ability to draw and comment graphs, where appropriate.
Criteria for the composition of the final grade