12641 - International Economic Politics

Course Unit Page

  • Teacher Bruno Salituro

  • Credits 8

  • SSD SECS-P/01

  • Teaching Mode Traditional lectures

  • Language Italian

  • Course Timetable from Sep 26, 2018 to Dec 07, 2018

Academic Year 2018/2019

Learning outcomes

The aim of the course is to give students the basic theoretical tools to understand the functioning of an open economy. At the end of the course student will be able to use  simple economic models to analyze the interaction among home and foreign real and monetary variables, to value the effects of macroeconomic policies and the recent experience of European Monetary Union.

Course contents

Exchange rate and the foreign exchange market.

Monetary and fiscal policy in flexible exchange rate systems.

Monetary and fiscal policy in flxed exchange rate systems. Devaluation.

Currency crisis.

The international monetary system.

Currency areas and the Euro experience.

The sovereign debt crisis







P. Krugman, M.Obstfeld, M. Melitz , "Economia Internazionale 2,(Economia monetaria internazionale), Pearson, 2015. (English translation from "International Economics", global edition, Pearson, 2014).

More readings will be suggested during lectures.References will be found on the web site of prof. Salituro.

Teaching methods

Front lectures.

Assessment methods

Written examination consisting in five open questions. The student selects 4 questions and answers to the chosen questions. The questions can be of theoretical kind or mathematical exercises.

Teaching tools

Links to further information


Office hours

See the website of Bruno Salituro