Unit EUROPEAN ECONOMIC INTEGRATION

Course
International relations
Study-unit Code
GP000907
Curriculum
Conflitti internazionali, studi strategici e analisi di politica estera
Teacher
Marco Lorusso
Teachers
  • Marco Lorusso
Hours
  • 63 ore - Marco Lorusso
CFU
9
Course Regulation
Coorte 2024
Offered
2024/25
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
At the end of the module, the student will acquire the knowledge about the main topics related to the European Monetary Union: in particular, the theory of optimal currency areas (OCA), the costs and the benefits of a monetary union, the fragility of incomplete monetary unions, how to complete a monetary union, the transition towards a monetary union, the institutional features of the European Central Bank, monetary policy of the BCE and national fiscal policies in the European Monetary Union.

Reference texts
P. De Grauwe, “Economia dell'unione monetaria”, Dodicesima edizione italiana, il Mulino, 2022.
E. Croci Angelini, F. Farina, “Macroeconomia dell’Unione europea”, Carocci editore, 2017.
R. Baldwin, C. Wyplosz, “The Economics of European Integration” 7th edition, McGraw Hill, 2022.
Educational objectives
The module aims to provide theoretical and analytical principles in order to understand the economic concepts of the process of the European economic and monetary integration. The process of economic integration will be analysed using tools of macroeconomic analysis. In particular, the module aims to provide an in-depth analysis of the link between theoretical models and real-world issues.
Prerequisites
Introductory economics
Teaching methods
Lectures, problem sets, seminars
Other information
No
Learning verification modality
Written and oral exam
Extended program
The costs of a common currency
The theory of optimal currency areas: a critique
The benefits of a common currency
The fragility of incomplete monetary unions
The transition towards a monetary union,
How to complete a monetary union
The European Central Bank
Obiettivi Agenda 2030 per lo sviluppo sostenibile

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