The course aims at providing students the most relevant instruments for a deep knowledge of functioning and effects of public policies in a closed and open economy context. Market failures and related policy interventions are analysed under the lens of the globalization process. Specific attention is given to the European Union market and policies.
At the end of the course students will be equipped with a comprehensive knowledge on:
- main market mechanisms on which public policy is based;
- theories and practical rules for policy impact evaluation and assessment of efficiency and effectiveness of policy instruments with respect to targets and costs;
- mapping methods for complexity analysis on different geographical scales in order to draw the general picture and the specific features that drive choices of policy makers;
- applying main efficiency and effectiveness evaluation methods for impacts of public policies on fiscal and monetary themes at different territorial scale, from the regional to the international one.