First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Economics and Political Science
Course unit
EPP6077358, A.A. 2017/18

Information concerning the students who enrolled in A.Y. 2017/18

Information on the course unit
Degree course Second cycle degree in
EC1935, Degree course structure A.Y. 2017/18, A.Y. 2017/18
bring this page
with you
Degree course track Common track
Number of ECTS credits allocated 10.0
Type of assessment Mark
Course unit English denomination ADVANCED MACROECONOMICS
Department of reference Department of Economics and Management
Mandatory attendance No
Language of instruction English

Teacher in charge LUCA NUNZIATA SECS-P/01
Other lecturers LORENZO FORNI SECS-P/02

Course unit code Course unit name Teacher in charge Degree course code

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Educational activities in elective or integrative disciplines SECS-P/02 POLITICA ECONOMICA 10.0

Mode of delivery (when and how)
Period Second semester
Year 1st Year
Teaching method frontal

Organisation of didactics
Type of hours Credits Hours of
Hours of
Individual study
Lecture 10.0 70 180.0 No turn

Start of activities 26/02/2018
End of activities 01/06/2018

Prerequisites: Students are required to know the fundamentals of micro and macroeconomics , empirical analysis and econometrics.
Target skills and knowledge: The course intends to transmit the ability to understand contemporaneous international economic phenomena, with a particular focus on the interaction between finance, economic policy and real markets. At the end of the course, students will be able to interpret relevant economic data and to use them in order to analyse and forecast future economic scenarios. In addition, they will be familiar to the most recent economic literature and the anaysis techniques typical of the toolkit of the economists working in research centers, policy centers, international organizations and in markets open to international competition.
Examination methods: The exam is written and lasts between 1 hour and 1 hour and 30 minutes.
Typically, students will be asked to complete three parts:

1. In the first part students will be required to expose one of the papers presented during the course’s seminars.

2. In the second part students will have to answer to a question on a topic among the ones presented during the lectures.

3. The third part will consist in a more general discussion of one of the topics proposed in the readings on the course’s twitter account. Students will be require to use the notions acquired during the course to comment on a relevant economic fact reported in the media in the weeks preceeding the exam.
Assessment criteria: The exam evaluation is based on the knowledge acquired during the course and on the ability to use that knowledge to think in economic terms and to interpret contemporaneous economic scenarios. The presentation at the course’s seminar allows to receive a bonus that is going to be added to the final mark.
Course unit contents: 1. Introduction to the course: issues of interest
2. Balance of payment accounting
3. Asset models of exchange rates
4. Mundell-Fleming model
5. Empirical estimation in economics
6. European Central Bank as lender of last resort
7. Current economic scenarios: the increase in inequality
8. Current economic scenarios: migration
9. Institutions and long-run growth
10. Italy in the global economy
11. Seminars
12. Readings on the current international economic situation
Planned learning activities and teaching methods: The course is based on lectures held by the Professor, seminars held by the students and readings of articles on the current international economic situation published by economic reviews and newspapers during the course and distributed on the course’s Twitter account.
Additional notes about suggested reading: Relevant bibliographic references vary every year and will be indicated during the lectures. The lectures’ slides and list of references will be available on the course’s web site.
Textbooks (and optional supplementary readings)