- Docente: Cecilia Vergari
- Credits: 10
- Language: Italian
- Moduli: Cecilia Vergari (Modulo 1) Natalia Montinari (Modulo 2)
- Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
- Campus: Forli
- Corso: First cycle degree programme (L) in International relations and diplomatic affairs (cod. 8048)
Course contents
Part 1 (Cecilia Vergari)
INTRODUCTION
- What is International economics about?
- Two waves of globalization, 1820 -1914; 1960 - onwards
INTERNATIONAL TRADE THEORY
- Gains from trade and Patterns of trade
- The Ricardian model and comparative advantage
- The Heckscher Ohlin model, resources and income distribution
- Interindustry vs intraindustry trade
- Economies of scale, imperfect competition
- International factor movements
- International labour mobility
- FDI and multinationals
- Free trade or protectionism?
- Trade policy instruments
- Competitive and imperfect markets
Part 2 (Natalia Montinari)
OPEN MACROECONOMICS
- National accounting and the balance of payments
- Exchange rates
- Foreign exchange markets
- Exchange rates, interest rates and good prices Macroeconomic policies
- Current account and exchange rates
- Mundell Flemming
- Money interest rates and exchange rates
- Fixed vs flexible exchange rates
- International economic institutions
GLOBALIZATION: OPPORTUNITIES AND THREATS
DEVOLOPING COUNTRIES: GROWTH, CRISES, REFORMS
Readings/Bibliography
See Italian website
Teaching methods
Lectures and slides
Assessment methods
There are 2 intermediate tests which have equal weight. Exams are based on multiple choice questions and exercises.
Teaching tools
Readings and bibliography suggested plus lectures slides
Office hours
See the website of Cecilia Vergari
See the website of Natalia Montinari