Unit ECONOMIC AND FINANCIAL POLICIES
- Course
- Finance and quantitative methods for economics
- Study-unit Code
- A001938
- Location
- PERUGIA
- Curriculum
- Statistics for finance and economics
- Teacher
- Marcello Signorelli
- Teachers
-
- Marcello Signorelli
- Hours
- 42 ore - Marcello Signorelli
- CFU
- 6
- Course Regulation
- Coorte 2021
- Offered
- 2021/22
- Learning activities
- Caratterizzante
- Area
- Economico
- Academic discipline
- SECS-P/02
- Type of study-unit
- Obbligatorio (Required)
- Type of learning activities
- Attività formativa monodisciplinare
- Language of instruction
- Italian
- Contents
- The course aims to deepen the theories of economic and financial policies in the context of the financial crisis, "Great Recession" and the crisis in the peripheral countries of the Eurozone in recent years. The topics of current global, European and Italian dynamics will receive special attention, especially from the point of view of descriptive statistics and econometric empirical evidence also adopting a comparative approach.
A special attention will be devoted to the economic impact of pandemic and the policy responses.
Europe and the Euro
Integration, crisis, and policies
Introduction
1. A progressively integrated European Community within the global economy
2. The European Monetary Union and OCA theories: a common currency awaiting a real economic union
3. Monetary policy and the European Central Bank: a progressive divorce from the Bundesbank legacy?
4. Fiscal policies and the EU governance: just rules and lack of stabilisation purposes
5. The double crisis in the Eurozone: recession, stagnation and high unemployment
6. The EU’s policy response: too little too late
7. The need for innovative policies and further integration: a real “economic and monetary” union leading to a future political union?
8. Advantages, costs and risks of a return to a national currency (Italian lira) - Reference texts
- Main book:
Marelli E. and Signorelli M. (2017), "Europe and the Euro. Integration, Crisis and Policies", Palgrave Pivot, London and New York.
The Professor will list in Unistudium several papers in order to select one and discuss it in class or to deliver as short thesis (more details on Unistudium) - Educational objectives
- The course of economic and financial policy provides the key analytical tools of the theory of economic and financial policy, together with applications related to the European Union, European Monetary Union and Italy. An important outcome of learning is related to the ability of critical discussion and analysis of statistical and econometric evidences on several current issues of economic and financial policy in Europe and Italy.
- Prerequisites
- A good knowledge of Macroeconomics and Economic Policy is necessary.
- Teaching methods
- face-to-face
- Other information
- As for additional information please visit the Unistudium web platform dedicated to this specific course.
The course provides the contents required for the discipline by Ministerial Decree 616/2017 for the purpose of obtaining the 24 ECTS required for teaching - Learning verification modality
- Oral exam.
Erasmus students can use Italian or one of the following languages: English, French, Spanish.
More details are included in the Unistudium platform, in a section dedicated to this specific teaching. - Extended program
- The course aims to deepen the theories of economic and financial policies in the context of the financial crisis, "Great Recession" and the crisis in the peripheral countries of the Eurozone in recent years. The topics of current global, European and Italian dynamics will receive special attention, especially from the point of view of descriptive statistics and econometric empirical evidence also adopting a comparative approach.
A particular attention will be devoted to the economic impact of pandemic and to the economic and financial policy responses.
Europe and the Euro
Integration, crisis, and policies
Introduction
1. A progressively integrated European Community within the global economy
2. The European Monetary Union and OCA theories: a common currency awaiting a real economic union
3. Monetary policy and the European Central Bank: a progressive divorce from the Bundesbank legacy?
4. Fiscal policies and the EU governance: just rules and lack of stabilisation purposes
5. The double crisis in the Eurozone: recession, stagnation and high unemployment
6. The EU’s policy response: too little too late
7. The need for innovative policies and further integration: a real “economic and monetary” union leading to a future political union?
8. Advantages, costs and risks of a return to a national currency (Italian lira)