Unit ECONOMICS AND INTERNATIONAL POLITICS
- Course
- Political sciences and international relations
- Study-unit Code
- GP003823
- Curriculum
- Relazioni internazionali
- Teacher
- Lucia Mangiavacchi
- Teachers
-
- Lucia Mangiavacchi
- Hours
- 63 ore - Lucia Mangiavacchi
- CFU
- 9
- Course Regulation
- Coorte 2017
- Offered
- 2019/20
- Learning activities
- Affine/integrativa
- Area
- Attività formative affini o integrative
- Academic discipline
- SECS-P/01
- Type of study-unit
- Obbligatorio (Required)
- Type of learning activities
- Attività formativa monodisciplinare
- Language of instruction
- Italian. International students are welcome to attend. The teacher can suggest bibliographical references also in English. Answers to the exam can be written also in English or Spanish.
- Contents
The course is organized in two parts. The first part is made by theory lectures on the following topics:
(i) Theory on international trade.
(ii) Exchange rates and the macroeconomics of open economies.
The second part has policy and empirical contents and it will be organized with flipped classrooms and data classes at the lab. The topics covered in these parts will be:
(i) International trade policies.
(ii) Trade and income distribution.
(iii) Trade and development.
(iv) Migration flows and local labor market.- Reference texts
(i) Krugman, Paul R., Obstfeld, M. and Marc Melitz. Economia internazionale. Vol. 1. Pearson Italia, 2019. (Chapters 1-12)
(ii) Samuelson, P.A., W. D. Nordhaus, C. A. Bollino, “Economia”, 21° Edizione, McGraw-Hill, Milano, 2019 (Capitoli 28 e 30)
(iii) Reading list of scientific articles on the e-learning platform Unistudium.- Educational objectives
The course has the following objectives:
(i) knowledge of international economics, trade flows and production factors flow.
(ii) knowledge of exchange rate regimes and basic macroeconomics of open economies.
(iii) knowledge of trade policies and their relationship with income distribution.
(iv) ability to read scientific economic articles
(v) ability to work with aggregate data to make statistical tables and figures.
(vi) ability to produce a short empirical essay.- Prerequisites
Basic knowledge of microeconomics, mathematics and statistics. Basic use of Excel.- Teaching methods
The first part is based on theory lectures.
The second part has policy and empirical contents and it will be organized with "flipped classroom" and data sessions at the lab.- Learning verification modality
Mode A:
Written exam (2/3 of the final mark) on the first part.
Contents: (i) Theory on international trade.
(ii) Exchange rates and the macroeconomics of open economies.
References: (i) Krugman, Paul R., Obstfeld, M. and Marc Melitz. Economia internazionale. Vol. 1. Pearson Italia, 2019. (Chapters 1-9)
(ii) Samuelson, P.A., W. D. Nordhaus, C. A. Bollino, “Economia”, 21° Edizione, McGraw-Hill, Milano, 2019 (Chapters 28 and 30)
Students with a mark higher than 17/30 in the written exam can deliver a short essay (1/3 of the final mark) on one of the topic of the second part (trade and inequality, development o international migration). This essay should have also empirical contents: graphs and figures reporting economic data, as shown in the lab classes.
References: (i) Krugman, Paul R., Obstfeld, M. and Marc Melitz. Economia internazionale. Vol. 1. Pearson Italia, 2019. (11ma edizione). (Capitoli 10-12)
(ii) Articles on the Unistudium learning platform.
Mode B:
Written exam on all the programme on the official exam dates.
References:
(i) Krugman, Paul R., Obstfeld, M. and Marc Melitz. Economia internazionale. Vol. 1. Pearson Italia, 2019. (Chapther 1-12)
(ii) Samuelson, P.A., W. D. Nordhaus, C. A. Bollino, “Economia”, 21° Edizione, McGraw-Hill, Milano, 2019 (Chapters 28 e 30)
(iii) Articles listed on the Unistudium learning platform during the semester.- Extended program
First Part:
1. Introduction to international economics
2. International trade: an overview.
3. Labor productivity and comparative advantages: the Ricardo model.
4. Short-term differences in endowment and specificity of factors: the specific-factor model.
5. Resources and trade: the H-O model.
6. General model of international trade.
7. The economies of external scales and the location of production.
8. Companies in the global economy: exports, outsourcing and multinationals.
9. The tools of trade policy.
10. Exchange rates
11. Macroeconomics in open economies.
Second part:
1. Political economy of trade policy
2. Trade policy in developing countries
3. Trade and income distribution
4. International migrations: causes and consequences.
5. Migration and the labor market.
6. Empirical analysis of aggregated data.