POLITICAL ECONOMY MOD. 2

Academic year

2018/2019 Syllabus of previous years

Official course title

POLITICAL ECONOMY MOD. 2

Course code

LM3170 (AF:277473 AR:162690)

Modality

ECTS credits

6 out of 12 of POLITICAL ECONOMY

Degree level

Master's Degree Programme (DM270)

Educational sector code

SECS-P/02

Period

2nd Semester

Course year

1

Moodle

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Contribution of the course to the overall degree programme goals

The second course's module aims at completing the path started with the first module by adding topics in international finance to the themes of international commercialisation, production and development . In particular, it will address issues related to the balance of payments, exchange rates, monetary unions and crises. Particular attention will be given to the process of monetary integration in Europe.

Expected learning outcomes

At the end of the course the students will be able to interpret and discuss the fundamental aspects of international economic and financial relations.

Pre-requirements

The knowledge of the basic principles of economics is an advantage.

Contents

The program of the course is divided as follows (in brackets the reference to the chapters of the textbook):):

1. Balance of Payments [10]
2. The Foreign Exchange Market and Exchange Rates [11]
3. Exchange Rate Determination [12]
4. Adjustments with Flexible and Fixed Exchange Rates [13]
5. Adjustment Policies [14]
6. Flexible versus Fixed Exchange Rates, European Monetary Systems, and Macroeconomic Policy [15]
7. The International Monetary System [16]

Referral texts

Salvatore, D., 2012, Introduction to International Economics. 3rd Edition, John Wiley & Sons.

Finally, if needed, references to additional teaching material (articles, videos, slides, etc.) will be provided in class.

Assessment methods

The assessment is based on a written test. The test includes multiple choice questions and open questions and/or exercises of a quantitative and theoretical nature. During the exam it is forbidden to use books, notes, telephones and any other electronic device, except for the calculator.

Teaching methods

Lectures and discussion in class.

Further information

Support materiale will be available on MOODLE.

Type of exam

written

2030 Agenda for Sustainable Development Goals

This subject deals with topics related to the macro-area "Poverty and inequalities" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development

Definitive programme.

Last update of the programme: 13/02/2019