- Docente: Lavinia Piemontese
- Credits: 9
- SSD: SECS-P/01
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Bologna
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Corso:
First cycle degree programme (L) in
Economics, Politics and Social Sciences (cod. 5819)
Also valid for First cycle degree programme (L) in Business and Economics (cod. 8965)
Learning outcomes
By the end of this course students are able to: - recognize the basic questions, models, and methods asked in the field of international economics; - master the use of different theoretical models explaining international trade and microfinance; - analyze how different assumptions based on the real world lead to the use of different theoretical models; - discuss international economic policies under the lens of different theoretical approaches.
Course contents
The first part of the course focuses on international trade theory and policy. It addresses some of the classic questions of international trade theory such as: who trades what with whom? What are the effects of trade on welfare and the income distribution? How micro-aspects enter the picture of international trade? The course presents the answers of classical and new trade theory to these questions. The first part ends with an overview of recent theoretical and empirical research on the role of heterogeneous firms in international trade.
The second half of the course covers selected topics in the fields of trade policy and international macroeconomic. All these topics will be also analyzed through the lens of Political Economy. Some questions which will be tackled during this second part of the course will be: What are the effects of barriers to trade and economic integration? What about trade policies in developing countries? Is free-trade (protectionism) always good (bad)?
Readings/Bibliography
Krugman, P., M. Obstfeld and Marc Melitz: "International Economics: Theory and Policy", 11th edition. Pearson Eds.
Additional material distributed in class
Teaching methods
Lectures and exercises with intstructor.
Classworks based on presentations given by small groups of students.
Assessment methods
Written exam, with midterm during the course.
Essays and Team Works for extra-credit that contribute to the final grade
Final grade is parametrized as:
· <18 insufficient
· 18-23 sufficient
· 24-27 good
· 28-30 very good
· 30 cum laude excellent/outstanding
Teaching tools
Slides based on (i) the book and (ii) relevant articles made available on Virtuale.
Office hours
See the website of Lavinia Piemontese