Anno Accademico 2020/2021
- Docente: Luciano Messori
- Crediti formativi: 10
- SSD: SECS-P/02
- Lingua di insegnamento: Inglese
- Modalità didattica: Convenzionale - Lezioni in presenza
- Campus: Forli
- Corso: Laurea in Scienze internazionali e diplomatiche (cod. 8048)
Conoscenze e abilità da conseguire
The aim is to provide basic knowledge of Open Macroeconomics and International trade issues. At the end of the course the students are expected to be able to use concepts currently employed in the economic debate, like, exchange rates, balance of payments, exports, FDI. They are expected to understand the rationales underlying the macroeconomic and trade policies in open economies and to analyse the main international economic events related to globalization.
Contenuti
The course is organized in lectures and seminars, as detailed in the following program. Lectures (26 hours in remote on MS TEAMS) aim to introduce students to the core tenets of the discipline. Seminars aim to provide occasions for in-depth discussions of class materials and exercises. The division into lessons and seminars is specified in the program that follows. For the seminar section, students will be divided into 2 groups according to their preferences and according to rules concerning the current pandemic emergency: one group will do the seminar in classroom (12 hours) and one group will do the seminar remotely on MS TEAMS (12 hours). Therefore, a total of 38 classroom hours are scheduled for each student. Students are required to carefully read the assigned material before the session and - in the case of seminars - active participation through presentations of existing scholarship and case studies will also be expected. Regardless of the health-related conditions and the specific organization of the course, students will be able to follow the lessons of the entire course remotely on MS TEAM
Lectures will cover the following topics:
Introduction to the global economy.
International trade theory
Comparative advantage, and the Ricardian model.
Factor proportions and Heckscher-Ohlin model.
International trade policy
Trade restrictions. Effects of a tariff in a Small and in a Large Nation. The optimum tariff and retaliation.
Nontariff trade barriers.
International trade and investment relations
Economies of scale and new trade theory.
Trade policy and politics.
Integration, development and factor movements.
Seminars will cover the following topics:
Balance of payment and exchange rate.
Automatic adjustments and adjustment policies.
Optimum currency areas and European integration.
Testi/Bibliografia
Dominik Salvatore (2012), Introduction to International Economics, 3rd Edition, Wiley.
Further readings may be assigned.Metodi didattici
This class will be offered in blended learning mode. The online part will be offered through the Microsoft Teams platform. Students are strongly advised to use a wired connection, because it is more stable than a WiFi one.
Modalità di verifica e valutazione dell'apprendimento
During the term there will be two intermediate learning assessments. They are scheduled for October 30th and December 18th. Each of them will consist of 10 multiple choice questions and 4 open questions.
If you miss or you do not pass one intermediate learning assessment you will have the possibility to take a make-up exam the same day that the first final exam will be scheduled.
Students who will obtain a passing grade (18/30 or higher) in each intermediate learning assessments will have to enroll on Almaesami in a dedicated list the first time that a final exam will be scheduled. They will not need to show-up on exam day. However, their registration will allow the instructor to upload their grades on the system.
Students who will not obtain a passing grade in each intermediate learning assessments will be required to take a comprehensive final exam.
After the end of the term there will be only final exams on the whole program (90 minutes). These exams will include 10 to 12 multiple choice questions and 2 to 4 open questions. Calculators will be allowed, while any use of cell phones will be strictly forbidden.
Any form of academic dishonesty will not be tolerated.
To take the exam, you are required to enroll on Almaesami. Class attendance is strongly recommended to improve the productivity of the time spent studying this subject.
The student has the right to refuse the passing grade obtained only once.
Strumenti a supporto della didattica
Blackboard/slides.
Orario di ricevimento
Consulta il sito web di Luciano Messori