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82181 - Industrial Economics and International Trade

Academic Year 2018/2019

                
                        Docente:
                        Giovanni Prarolo
                    
                        Credits:
                        8
                    
                        SSD:
                        SECS-P/01
                    
                        Language:
                        English
                    
                        Moduli:
                        
                            Giovanni Prarolo
                            (Modulo 1)
                        
                            Diego Lanzi
                            (Modulo 2)
                        
                        Teaching Mode:
                        
                                    Traditional lectures (Modulo 1)
                                
                                    Traditional lectures (Modulo 2)
                                
                            Campus:
                            Forli
                        
                            Corso:
                            First cycle degree programme (L) in
                            Economics and business (cod. 9202)

                            Teaching resources on Virtuale

Learning outcomes

The aim of the course is to introduce the student to the main concepts of industrial organisation in the context of open economies. First, the course analyses the interaction of firms in the market focusing on their strategic behaviour and on how the latter is affected by competition policy. Second, the course introduces the models of international trade to illustrate how international competition affects firms and country behaviour and its impact on economic growth. At the end of the course students are able to: (a) understand strategic interaction of firms; (b) evaluate the role of competition policy; (c) understand how international trade fosters economic growth.

Course contents

INDUSTRIAL ECONOMICS:

-TBA

INTERNATIONAL TRADE:

This 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

Readings/Bibliography

Krugman, P., M. Obstfeld and Marc Melitz: "International Economics: Theory and Policy", 9th edition. Pearson Eds.

Additional material distributed in class

Teaching methods

Lectures and exercises with intstructor.

Production of essays based on relevant economic facts.

Classworks based on presentations given by small groups of students.

Assessment methods

Written exam, with midterm during the course.

Teaching tools

Slides based on (i) the book and (ii) relevant articles made available on instructor's website.

Office hours

See the website of Giovanni Prarolo

See the website of Diego Lanzi