21210459 - Applied Economic Policy Laboratory

Acquisition of methodological and technical knowledge and development of professional skills in applied economics and economic policy through a curriculum that alternates lectures, practical exercises, and thematic seminars with non-academic experts; the exercises introduce students to statistical and informational sources for applied economic analysis and provide training in data processing and reporting; the seminars address topics relevant to the Italian economy and economic policy and provide opportunities to interact with applied economists working in the private sector and in national and regional institutions. Part of the course is dedicated to analyzing the economic, social, and territorial transformations that have affected Rome over the past fifty years, as well as the inequalities that characterize the city. The program concludes with each student writing a research report and presenting it during the final exam.

Curriculum

teacher profile | teaching materials

Mutuazione: 21210459 Laboratorio di politica economica applicata in Scienze Economiche LM-56 R PALUMBO ANTONELLA, MONNI SALVATORE

Programme

A – Macroeconomic Indicators, National Accounts, and the Structure of the Italian Economy
Review of key economic indicators: real and nominal GDP and other national accounts aggregates, deflators, rates of change, index numbers, labor market indicators, productivity, foreign trade, and key monetary and fiscal policy variables. Major national and European statistical sources. Annual and quarterly data. Cyclical and trend changes. Contributions to growth.
Reading and interpreting ISTAT press releases
(exercise) Simple representation of time series and intertemporal comparisons. Use of the AMECO database.

B – Analysis of inflation data
Inflation and price indices. Construction of baskets, survey techniques, and key indicators. Analysis of inflation in Italy and Europe. Sources: ISTAT, Bank of Italy, ECB
(exercise) Components of inflation and contributions to changes in aggregates. Use of ISTAT databases.

C – Monetary Policy and Financial Markets
Structure and functions of the ECB. Objectives and instruments of monetary policy. Analysis of monetary policy decisions through press releases, bulletins, and other official documentation.
Monetary policy and inflation. Transmission channels of monetary policy. Structure of the credit market and the cost of credit to businesses in various European countries. Analysis of unconventional policies
(seminars with external experts) Financial markets, the banking and insurance sectors: key economic and regulatory characteristics. The role of financial intermediaries in the transmission of monetary policy
(exercise) Representation of an economic phenomenon and its variability. Cross-country and time-series comparisons. Use of the ECB database

D – Analysis of Specific Markets and Public Utilities
Market structures and characteristics of specific markets. Network economies, natural monopolies, economies of scale, information asymmetries, and regulatory issues. Public utilities and their governance
(seminars with external experts) The electricity market: structure, functioning, price formation, and key regulatory issues. The natural gas market: market structure, price formation, and links to the electricity market.
(seminars with external experts) Fundamentals of analysis of the commodity market

E – Fiscal Policy
Fiscal policies in practice. Analysis of public finance documents. Key fiscal indicators, European fiscal rules, and the European Semester.
Potential GDP and fiscal policy. The role of output gap and potential output estimates in the application of European fiscal rules before and after the 2024 reform.
(seminars with external experts) Dialogue between national and European institutions

F – Production Structure, International Trade, and Protectionist Policies
Long-term trends in the Italian economy. Productivity, domestic demand, production specialization, and major transformations in the Italian economy.
Production structure, specialization, and trade flows. Balance of payments, exchange rates, and international trade. Analysis of the effects of protectionist policies and tariffs on the Italian and European economies.

G – Learning to Write and Present
Writing about the Italian economy. Structure of a brief economic report, selection of sources and data, use of tables and graphs, and methods for preparing documents and presentations.
Reporting exercise: preparation, presentation, and discussion of brief analyses by students.


Core Documentation

The reference material is constituted mainly by reports and databases of national and international official and research institutions (Istat, ECB, Bank of Italy, European Commission, Eurostat, OECD, IMF, etc.) and by reading lists for the thematic seminars.
Materials will be indicated during the classes and made available to students on the moodle website


Attendance

Attendance is compulsory for seminars and practical classes, highly advised for all lectures. Working students and others in need may require online attendance

Type of evaluation

Practical test (exercise) to check learning of technical and methodological tools (during the course) Reporting exercise during the course Preparation of a written research report and its oral discussion Oral discussion on course topics

teacher profile | teaching materials

Mutuazione: 21210459 Laboratorio di politica economica applicata in Scienze Economiche LM-56 R PALUMBO ANTONELLA, MONNI SALVATORE

Programme

The course examines how Rome has changed over the past fifty years, exploring its economic, social and spatial transformations and their implications for residents’ living conditions. It focuses on the evolution of the economic structure and labour market, demographic changes, and inequalities in economic conditions, social circumstances and access to opportunities across different areas of the city. Drawing on statistical sources, case studies and the findings of ten years of fieldwork and desk research conducted by #mapparoma, a think tank and university observatory at Roma Tre University, students acquire tools to analyse and interpret these phenomena.Discussions with key informants and local stakeholders provide opportunities to explore policies to address the city’s transformations, reduce inequalities and expand opportunities.

Core Documentation

Materials will be indicated during the classes and made available to students on the moodle website

Attendance

Attendance is compulsory for seminars and practical classes, highly advised for all lectures. Working students and others in need may require online attendance

Type of evaluation

Practical test (exercise) to check learning of technical and methodological tools (during the course); Reporting exercise during the course; Preparation of a written research report and its oral discussion; Oral discussion on course topics.

teacher profile | teaching materials

Mutuazione: 21210459 Laboratorio di politica economica applicata in Scienze Economiche LM-56 R PALUMBO ANTONELLA, MONNI SALVATORE

Programme

A – Macroeconomic Indicators, National Accounts, and the Structure of the Italian Economy
Review of key economic indicators: real and nominal GDP and other national accounts aggregates, deflators, rates of change, index numbers, labor market indicators, productivity, foreign trade, and key monetary and fiscal policy variables. Major national and European statistical sources. Annual and quarterly data. Cyclical and trend changes. Contributions to growth.
Reading and interpreting ISTAT press releases
(exercise) Simple representation of time series and intertemporal comparisons. Use of the AMECO database.

B – Analysis of inflation data
Inflation and price indices. Construction of baskets, survey techniques, and key indicators. Analysis of inflation in Italy and Europe. Sources: ISTAT, Bank of Italy, ECB
(exercise) Components of inflation and contributions to changes in aggregates. Use of ISTAT databases.

C – Monetary Policy and Financial Markets
Structure and functions of the ECB. Objectives and instruments of monetary policy. Analysis of monetary policy decisions through press releases, bulletins, and other official documentation.
Monetary policy and inflation. Transmission channels of monetary policy. Structure of the credit market and the cost of credit to businesses in various European countries. Analysis of unconventional policies
(seminars with external experts) Financial markets, the banking and insurance sectors: key economic and regulatory characteristics. The role of financial intermediaries in the transmission of monetary policy
(exercise) Representation of an economic phenomenon and its variability. Cross-country and time-series comparisons. Use of the ECB database

D – Analysis of Specific Markets and Public Utilities
Market structures and characteristics of specific markets. Network economies, natural monopolies, economies of scale, information asymmetries, and regulatory issues. Public utilities and their governance
(seminars with external experts) The electricity market: structure, functioning, price formation, and key regulatory issues. The natural gas market: market structure, price formation, and links to the electricity market.
(seminars with external experts) Fundamentals of analysis of the commodity market

E – Fiscal Policy
Fiscal policies in practice. Analysis of public finance documents. Key fiscal indicators, European fiscal rules, and the European Semester.
Potential GDP and fiscal policy. The role of output gap and potential output estimates in the application of European fiscal rules before and after the 2024 reform.
(seminars with external experts) Dialogue between national and European institutions

F – Production Structure, International Trade, and Protectionist Policies
Long-term trends in the Italian economy. Productivity, domestic demand, production specialization, and major transformations in the Italian economy.
Production structure, specialization, and trade flows. Balance of payments, exchange rates, and international trade. Analysis of the effects of protectionist policies and tariffs on the Italian and European economies.

G – Learning to Write and Present
Writing about the Italian economy. Structure of a brief economic report, selection of sources and data, use of tables and graphs, and methods for preparing documents and presentations.
Reporting exercise: preparation, presentation, and discussion of brief analyses by students.


Core Documentation

The reference material is constituted mainly by reports and databases of national and international official and research institutions (Istat, ECB, Bank of Italy, European Commission, Eurostat, OECD, IMF, etc.) and by reading lists for the thematic seminars.
Materials will be indicated during the classes and made available to students on the moodle website


Attendance

Attendance is compulsory for seminars and practical classes, highly advised for all lectures. Working students and others in need may require online attendance

Type of evaluation

Practical test (exercise) to check learning of technical and methodological tools (during the course) Reporting exercise during the course Preparation of a written research report and its oral discussion Oral discussion on course topics

teacher profile | teaching materials

Mutuazione: 21210459 Laboratorio di politica economica applicata in Scienze Economiche LM-56 R PALUMBO ANTONELLA, MONNI SALVATORE

Programme

The course examines how Rome has changed over the past fifty years, exploring its economic, social and spatial transformations and their implications for residents’ living conditions. It focuses on the evolution of the economic structure and labour market, demographic changes, and inequalities in economic conditions, social circumstances and access to opportunities across different areas of the city. Drawing on statistical sources, case studies and the findings of ten years of fieldwork and desk research conducted by #mapparoma, a think tank and university observatory at Roma Tre University, students acquire tools to analyse and interpret these phenomena.Discussions with key informants and local stakeholders provide opportunities to explore policies to address the city’s transformations, reduce inequalities and expand opportunities.

Core Documentation

Materials will be indicated during the classes and made available to students on the moodle website

Attendance

Attendance is compulsory for seminars and practical classes, highly advised for all lectures. Working students and others in need may require online attendance

Type of evaluation

Practical test (exercise) to check learning of technical and methodological tools (during the course); Reporting exercise during the course; Preparation of a written research report and its oral discussion; Oral discussion on course topics.