INTERNATIONAL POLITICAL ECONOMY MOD. 2

Anno accademico
2020/2021 Programmi anni precedenti
Titolo corso in inglese
INTERNATIONAL POLITICAL ECONOMY MOD. 2
Codice insegnamento
LM8020 (AF:330610 AR:176174)
Lingua di insegnamento
Inglese
Modalità
Crediti formativi universitari
6 su 12 di INTERNATIONAL POLITICAL ECONOMY
Livello laurea
Laurea magistrale (DM270)
Settore scientifico disciplinare
SECS-P/02
Periodo
I Semestre
Anno corso
1
Spazio Moodle
Link allo spazio del corso
This module complements International Political Economy mod. 1, held by Prof. Barbieri. It contributes to the fulfilment of the program’s learning objectives in the field of economics for the "Global Studies" and "European Union Studies" tracks. This module aims at integrating the first module by touching topics such as the theory of international trade, international trade policies, exchange rates, and international macroeconomic policy. The course is entirely taught in English.

The course provides students with some basic theoretical tools useful to illustrate what are the reasons explaining trade patterns among countries, what are the gains from trade, what mechanisms determine the exchange rate between currencies and the relationship between interest rates, exchange rates and money supply. Students will be able to apply the tools provided to the analysis of issues concerning trade policies and international macroeconomic policy.
The knowledge of the basic principles of economics is an advantage. The knowledge of the topics touched within module 1 (by prof. Barbieri) is a pre-requisite for module 2.
International trade and trade policies
- The Ricardian model
- The specific factors model
- The Heckscher-Ohlin model
- The standard trade model
- Tariffs and quotas
- The political economy of trade policy

Topics in open macroeconomics and international macroeconomic policies
- National income accounting and the balance of payments
- Exchange rates and the foreign exchange market
- Money, interest rates, and exchange rates
- International monetary systems
Krugman, P., M. Obstfeld and Marc Melitz: "International Economics: Theory and Policy", 11th edition. Pearson Eds.

If needed, references to additional teaching material (articles, reports, slides, etc.) will be provided in class.
A final written exam will be taken to assess the acquisition of the targeted knowledge.
scritto
Frontal lectures and discussions in class.
Support material will be available on MOODLE.
Programma definitivo.
Data ultima modifica programma: 01/09/2020