29866 - International Economics (LM)

Learning outcomes

The course is aimed at providing students that did not take International Economics in the First-cycle degree/Bachelor with some basic theoretical tools. In the part of the course devoted to international trade the focus is on what are the reasons explaining trade patterns among countries and what are the gains from trade. The most important instruments of trade policy are analyzed, the costs and benefits of protectionist trade policies are assessed, and the political economy of trade policies is discussed. Prior to the start of the course, a deep review of microeconomic theories of the consumer and the firm is strongly recommended. The course is entirely taught in Italian

Course contents

Introduction

The Ricardian model

The specific factors model

The Heckscher-Ohlin model

The general trade model

Trade policy

Political economy of international trade

Readings/Bibliography

"Economia internazionale 1: Teoria e politica del commercio internazionale" Paul R. Krugman, Maurice Obsfeld, e Marc Melitz. Editore: Pearson Education Italia

Lecture notes, papers: Virtuale online platform

Teaching methods

Frontal lectures and discussions in class

Assessment methods

Written exam; it is possible to have a supplementary oral exam on a team work. The grade is graduated as follows:

<18 failed

18-23 sufficient

24-27 good

28-30 very good

30 cum laude excellent

Teaching tools

Lectures slides and material made available in advance on the e-learning web platform.

Office hours

See the website of Guglielmo Barone

See the website of Alessandro Saia