INTERNATIONAL TRADE THEORY AND POLICY

Anna Maria FERRAGINA INTERNATIONAL TRADE THEORY AND POLICY

0212100020
DEPARTMENT OF ECONOMICS AND STATISTICS
EQF6
BUSINESS ADMINISTRATION
2022/2023

OBBLIGATORIO
YEAR OF COURSE 3
YEAR OF DIDACTIC SYSTEM 2016
SPRING SEMESTER
CFUHOURSACTIVITY
1060LESSONS
Objectives
THE PURPOSE OF THE COURSE IS TO PROVIDE ADEQUATE BASIC TRAINING IN THE FIELD OF ECONOMY OF INTERNATIONAL TRADE AND TRADE POLICY.
STUDENTS WILL GAIN, IN PARTICULAR: (I) KNOWLEDGE OF THE MAIN MODELS THAT EXPLAIN THE INTERNATIONAL TRADE AND THE MAIN BUSINESS POLICIES; (II) APPLYING THE MODELS FOR UNDERSTANDING THE MAIN STYLIZED FACTS OF INTERNATIONAL TRADE; (III) ABILITY TO ASSESS INDEPENDENTLY THE EFFECTS OF DIFFERENT TOOLS OF TRADE POLICY; (IV) TO ARRANGE A WRITTEN AND ORAL REPORT ON FOREIGN TRADE OF A COUNTRY OR REGION.
Prerequisites
MICROECONOMICS
Contents
THE COURSE IS DIVIDED INTO TWO PARTS: THE FIRST DEDICATED TO THE ECONOMY OF INTERNATIONAL TRADE, THE SECOND TO TRADE POLICIES. THE INSTRUMENTS ACQUIRED ARE USED IN SEMINARS ON THE MAIN ASPECTS OF THE FOREIGN TRADE OF ITALY AND EUROPEAN INTEGRATION PROCESS.

MODULE 1 (30 HOURS)
1. ECONOMY OF GLOBALIZATION: (1.1) INTRODUCTION ALL''ECONOMIA INTERNATIONAL; (1.2) GLOBALIZATION: STYLIZED FACTS AND ISSUES OPEN;
2. ECONOMY OF INTERNATIONAL TRADE: (2.1) INTER-INDUSTRY TRADE: THE BENEFITS OF FREE TRADE AND THE THEORY OF COMPARATIVE COSTS; INTERNATIONAL TRADE, EQUIPMENT OF RESOURCES AND DISTRIBUTION; (2.2) TRADE INTRA-INDUSTRY: ECONOMIES OF SCALE, IMPERFECT COMPETITION AND INTERNATIONAL TRADE; ECONOMIES OF SCALE AND HETEROGENEITY; (2.3) OUTSOURCING INTERNATIONAL: THE SEPARATION SPACE OF PRODUCTION STAGES;
3. THE INTERNATIONAL MOBILITY OF FACTORS: (3.1) MOBILITY INTERNATIONAL LABOUR: THE INTERNATIONAL MIGRATION; (3.2) THE INTERNATIONAL MOBILITY OF CAPITAL: FOREIGN DIRECT INVESTMENT.

MODULE 2 (30 HOURS)
4. TRADE POLICY AND INTEGRATION PROCESSES: (4.1) TRADE POLICY OBJECTIVES AND TOOLS OF THE TRADE POLICY; (4.2) THE 'POLITICAL ECONOMY OF TRADE POLICY: THE TRADE POLICY IN ACTION AND THE REGIONALISM.
5.L’ITALIA NELL’ECONOMIA INTERNAZIONALE: IL RAPPORTO ICE SU COMMERCIO ESTERO DELL’ITALIA. 2022.
OPPURE
ISTAT, RAPPORTO SULLA COMPETITIVITA DEI SETTORI PRODUTTIVI. EDIZIONE 2022
Teaching Methods

LESSONS: PRESENTATION OF MODELS WITH THE HELP OF SLIDES AND EXERCISES, NUMERICAL APPLICATIONS AND CASE STUDIES SEMINARS, DISCUSSION WITH THE PARTICIPATION OF STUDENTS.
Verification of learning
TEST DURING THE COURSE (OPTIONAL); WRITTEN TEST: QUESTIONS WITH MULTIPLE ANSWERS AND EXERCISES.
FINAL EXAM: WRITTEN TEST: QUESTIONS WITH MULTIPLE ANSWERS AND EXERCISES.
ORAL TEST: EXPOSURE AND DISCUSSION OF THEORIES AND THE USE OF GRAPHICS.
THE EVALUATION IS IN A RANGE 18/30. ONLY STUDENTS WITH A SCORE NOT BELOW 18/30 ARE ADMITTED TO THE ORAL EXAM.
Texts
•MODULO 1

AMENDOLA,A.-BIAGIOLI,M.-CELI,G. (2014), ECONOMIA DELLA GLOBALIZZAZIONE. ECONOMIA DEGLI SCAMBI E MACROECONOMIA INTERNAZIONALE, EGEA, MILANO, CAPP. 1-8 (ESCLUSO IL §.5.2) (PP.1-229);

OPPURE:
KRUGMAN, OBSTFELD, MELITZ, HELG (A CURA DI), ECONOMIA INTERNAZIONALE. EDIZ. MYLAB, 2015, CAPP. 1-8 (PP. 1-261).
OPPURE:
•KRUGMAN, OBSTFELD, MELITZ, INTERNATIONAL ECONOMICS: THEORY AND POLICY, 9TH EDITION, 2012, CH. 1-8, PAG. 1-191.

MODULO 2

1. AMENDOLA, A.-BIAGIOLI,M.-CELI,G. (2013), ECONOMIA DELLA GLOBALIZZAZIONE. ECONOMIA DEGLI SCAMBI E MACROECONOMIA INTERNAZIONALE, EGEA, MILANO, CAPP. 9-10 (PP. 231-298);
OPPURE:
KRUGMAN, OBSTFELD, MELITZ, HELG (A CURA DI), ECONOMIA INTERNAZIONALE. EDIZ. MYLAB, 2015, CAPP. 9-10 (PP. 265-358).
OPPURE:
KRUGMAN, OBSTFELD, MELITZ, INTERNATIONAL ECONOMICS: THEORY AND POLICY, 9TH EDITION, 2012, CH. 9-10, PAG. 192-254.

IN AGGIUNTA:

KRUGMAN, WHAT DO UNDERGRADS NEED TO KNOW ABOUT TRADE? THE AMERICAN ECONOMIC REVIEW, VOL. 83, NO. 2, PAPERS AND PROCEEDINGS OF THE HUNDRED AND FIFTH ANNUAL MEETING OF THE AMERICAN ECONOMIC ASSOCIATION, (MAY, 1993), PP.
23-26.


2.ICE (2022), L’ITALIA NELL’ECONOMIA INTERNAZIONALE, SLIDE SCENARI PER IL 2021-2022;

OPPURE:

ISTAT, RAPPORTO SULLA COMPETITIVITÀ DEI SETTORI PRODUTTIVI, EDIZIONE 2022 (SLIDE E 1 CAPITOLO A SCELTA).
More Information
MORE REFERENCES AND TEACHING MATERIALS OF SUPPORT WILL BE MADE AVAILABLE ON-LINE ON THE LEARNING PLATFORM OF SUPPORT TO THE COURSE.
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