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Course unit
INTERNATIONAL MACROECONOMICS
EPP7078301, A.A. 2019/20
Information concerning the students who enrolled in A.Y. 2019/20
ECTS: details
Type |
Scientific-Disciplinary Sector |
Credits allocated |
Core courses |
SECS-P/01 |
Political Economy |
10.0 |
Course unit organization
Period |
First semester |
Year |
1st Year |
Teaching method |
frontal |
Type of hours |
Credits |
Teaching hours |
Hours of Individual study |
Shifts |
Lecture |
10.0 |
70 |
180.0 |
No turn |
Examination board
Board |
From |
To |
Members of the board |
3 Commissione A.A. 2019/20 |
01/10/2019 |
30/11/2020 |
NUNZIATA
LUCA
(Presidente)
FORNI
LORENZO
(Membro Effettivo)
ROCCO
LORENZO
(Membro Effettivo)
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Prerequisites:
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Students are required to know the fundamentals of micro and macroeconomics. |
Target skills and knowledge:
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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. |
Examination methods:
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The exam is written and typically lasts between 1 hour and 1 hour and 30 minutes. |
Assessment criteria:
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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. |
Course unit contents:
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1. Introduction to International Economics and Finance: Issues of Interest
2. Balance of Payments Accounting
3. Asset Models of Exchange Rates
Visser H. (2004) A guide to international monetary economics (3ed., Elgar), Chapter 1.
4. Mundell-Fleming Model: IS/LM for an Open Economy
Visser H. (2004) A guide to international monetary economics (3ed., Elgar), Chapter 2.
5. Basic Guide to Empirical Estimation
6. The European Central Bank as a lender of last resort
De Grauwe, Paul (2011). “The European Central Bank as a lender of last resort”, VoxEU.org.
7. Income Inequality
Piketty, Thiomas and Saez Emmanuel "Income Inequality in the United States, 1913-1998", Quarterly Journal of Economics, 118(1), 2003, 1-39.
8. Long Run and Institutions
Acemoglu D. (2007) Political Economy of Growth.
9. Italy in the Global Economy |
Planned learning activities and teaching methods:
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The course is based on lectures held by the Professor 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:
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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) |
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