- Docente: Giovanni Maria Mazzanti
- Credits: 10
- SSD: SECS-P/02
- Language: Italian
- Moduli: Giovanni Maria Mazzanti (Modulo 1) Giovanni Maria Mazzanti (Modulo 2) Giovanni Maria Mazzanti (Modulo 3)
- Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2) Traditional lectures (Modulo 3)
- Campus: Forli
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Corso:
First cycle degree programme (L) in
International relations and diplomatic affairs (cod. 8048)
Also valid for First cycle degree programme (L) in International relations and diplomatic affairs (cod. 8048)
Learning outcomes
The aim is to provide basic knowledge of Open Macroeconomics and International trade issues. At the end of the course the students are expected to be able to use concepts currently employed in the economic debate, like, exchange rates, balance of payments, exports, FDI. They are expected to understand the rationales underlying the macroeconomic and trade policies in open economies and to analyse the main international economic events related to globalization.
Course contents
The course is organized in lectures and seminars, as detailed in the following program. Lectures (26 hours in remote on MS TEAMS) aim to introduce students to the core tenets of the discipline. Seminars aim to provide occasions for in-depth discussions of class materials and exercises. The division into lessons and seminars is specified in the program that follows and it will be definied at the beginning of the course. For the seminar section, students will be divided into some groups according to their preferences and according to rules concerning the current pandemic emergency: some groups will do the seminar in classroom (12 hours) and other groups will do the seminar remotely on MS TEAMS (12 hours). Therefore, a total of 38 classroom hours are scheduled for each student. Students are required to carefully read the assigned material before the session and - in the case of seminars - active participation through presentations of existing scholarship and case studies will also be expected. Regardless of the health-related conditions and the specific organization of the course, students will be able to follow the lessons of the entire course remotely on MS TEAMS.
Part I (26 hours remotely for everyone)
Theory of international trade
International commercial policies
National accounts
Exchange rates and macroeconomics in open economy
International macroeconomics policies
Part II (12 hours groups, in classroom or remotely): Case studies
Readings/Bibliography
The textbook is: Krugman P. R., Obstfeld M., Melitz M. J. (2019) International Economics: theory and policy. Pearson.
Additional readings will be comunicated for the seminars
Teaching methods
Lectures
The first part of the course (26 hours, remotely) will be based on lectures aimed at introducing the students to the main topics.
The second part of the course (12 hours, in classroom or remotely) will be based on more interactive activities and seminars. Some main issues will be debated and the students, both in the classroom and remotely, will be required to read before specific chapters of the handbook.
Assessment methods
Written exam. Written intermediate tests.
Teaching tools
Moodle page of the course that will be comunicated at the beginning of the course.
Office hours
See the website of Giovanni Maria Mazzanti