- Docente: Alessandro Saia
- Credits: 8
- SSD: SECS-P/02
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Forli
- Corso: Second cycle degree programme (LM) in International Politics and Economics (cod. 5702)
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from Sep 18, 2024 to Nov 28, 2024
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, and the costs and benefits of protectionist trade policies are assessed. Moreover, multinational enterprises organizational and production choices are explained, in order to understand their functioning. In the part of the course devoted to international monetary economics, the focus is on the mechanisms that determine the exchange rate between currencies, and on the relationship between exchange rates, money supply and interest rates
Course contents
International Trade Models (e.g., The Ricardian model, The Heckscher-Ohlin model, ...)
Trade policy
International monetary economics: Money, Interest Rates, and Exchange Rates.
Political economy of international trade: causes and consequences
Readings/Bibliography
"International Economics: Theory and Policy" Paul R. Krugman, Maurice Obsfeld and Marc Melitz. Editor: Pearson Education
If needed, references to additional teaching material (articles, reports, slides, etc.) will be provided in class.
Knowledge of math, microeconomics and macroeconomics is a pre-requisite for attending the course.
Teaching methods
Frontal lectures and discussions in class.
Assessment methods
Written Exam True/False questions
Teaching tools
Published material (papers and slides) on the Virtuale Platform.
Office hours
See the website of Alessandro Saia