INTERNATIONAL ECONOMICS

Maria Grazia ROMANO INTERNATIONAL ECONOMICS

0212400019
DEPARTMENT OF ECONOMICS AND STATISTICS
EQF6
ECONOMICS
2024/2025

OBBLIGATORIO
YEAR OF COURSE 3
YEAR OF DIDACTIC SYSTEM 2016
AUTUMN SEMESTER
CFUHOURSACTIVITY
1060LESSONS
ExamDate
ROMANO09/12/2024 - 09:00
ROMANO09/12/2024 - 09:00
Objectives
KNOWLEDGE AND UNDERSTANDING

TO PROVIDE ADEQUATE CONCEPTUAL AND ANALYTICAL TOOLS TO UNDERSTAND THE ISSUES RELATED TO: INTERNATIONAL TRADE AND INTERNATIONAL FACTOR MOBILITY, TRADE POLICIES, ITALY’S POSITION IN INTERNATIONAL TRADE, EUROPEAN INTEGRATION PROCESS.

APPLYING KNOWLEDGE AND UNDERSTANDING

STUDENTS WILL ACQUIRE:
(I) KNOWLEDGE OF THE MAIN MODELS EXPLAINING INTERNATIONAL TRADE AND THE MAIN TRADE POLICIES; (II) ABILITY TO APPLY MODELS TO UNDERSTAND THE MAIN STYLISED FACTS OF INTERNATIONAL TRADE; (III) ABILITY TO ASSESS INDEPENDENTLY THE EFFECTS OF DIFFERENT TRADE POLICY INSTRUMENTS; (IV) ABILITY TO ORGANISE, IN WRITTEN AND ORAL FORM, A BASIC REPORT ON THE FOREIGN TRADE OF A COUNTRY OR REGION; (V) ABILITY TO LEARN MORE ADVANCED INTERNATIONAL TRADE ANALYSIS TECHNIQUES.
Prerequisites
MICROECONOMICS IS A PREREQUISITE TO THE COURSE.
Contents
GENERAL INTRODUCTION. NEOCLASSICAL MODELS: RICARDIAN MODEL, SPECIFIC FACTOR MODEL, HECKSCHER-OHLIN MODEL. MODELS OF THE NEW THEORY OF INTERNATIONAL TRADE. ECONOMIES OF SCALE, IMPERFECT COMPETITION, EXTERNAL ECONOMIES, MULTINATIONAL ENTERPRISES. POLITICAL ECONOMY AND COMMERCIAL POLICY. NATIONAL ACCOUNTS BALANCE OF PAYMENTS. EXCHANGE RATES AND FOREIGN EXCHANGE MARKETS. CURRENCY, INTEREST RATES AND EXCHANGE RATES, PRICE LEVELS AND PURCHASING POWER PARITIES.
Teaching Methods
25 LECTURES, 5 TUTORIALS WITH INDIVIDUAL AND GROUP ACTIVITIES.
Verification of learning
THE ACHIEVEMENT OF THE OBJECTIVES OF THE COURSE IS ASSESSED THROUGH A WRITTEN EXAM WITH MARKS EXPRESSED IN 30S. THE MINIMUM GRADE FOR A PASS IS 18. THE EXAM LASTS 60 MINUTES AND AIMS AT VERIFYING, IN A TRANSPARENT AND OBJECTIVE MANNER, THE LEVEL OF KNOWLEDGE AND UNDERSTANDING ACQUIRED BY THE STUDENT OF THE COURSE PROGRAMME. THE TEST IS STRUCTURED IN THEORY QUESTIONS AND TWO EXERCISES. THE THEORETICAL QUESTIONS ARE DESIGNED TO EVALUATE THE STUDENT'S KNOWLEDGE OF THE PROGRAM AND THE UNDERSTANDING OF THE ECONOMIC CONCEPTS DEVELOPED THEREIN. SOLUTION OF THE EXERCISES REQUIRES THE DEVELOPMENT OF MODELS STUDIED DURING THE COURSE AND THE APPLICATION OF THE METHODOLOGIES ACQUIRED DURING CLASSES AND TUTORIALS.
THE STUDENT IS INFORMED OF THE MARK ASSIGNED TO EACH EXERCISE OR THEORETICAL QUESTION.
DURING THE EXAM, IT IS NOT ALLOWED THE USE OF TEXTS, COMPUTERS, CELL PHONES, TABLETS OR SMART WATCHES. IN CASE THE EXERCISES REQUIRED NUMERIC CALCULATIONS, A CALCULATOR MAY BE USED.
Texts
KRUGMAN P. R., OBSTFELD M., MELITZ M. J. (2023) ECONOMIA INTERNAZIONALE. EDIZ. MYLAB, (12 ED.), PEARSON.

More Information
NONE
Lessons Timetable

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