21801550 - INTERNATIONAL ECONOMICS

International economics studies the economic and financial interdependence of nations. Topics of interest for a political science's student include: the determinants of international trade, trade policies, the internationalization of financial markets, macroeconomic equilibria (or imbalances) in different countries and their propagation in the world economy, the functioning of foreign exchange markets and the economic impact of migration.
The student participating in the course will acquire useful tools to answer questions concerning the overall and redistributive effects of international trade, commercial policies, international migration flows, monetary policies and the operation of multinational companies.
The course is divided into two modules. The first module deals with international trade, its determinants, its effects and commercial policies. The second module deals with the balance of payments, exchange rates and their determination, migration and their economic impact.
teacher profile | teaching materials

Programme

Syllabus : International economics studies the economic and financial interdependence of sovereign nations. Current topics of interest include: the determinants of international trade, trade policies and their effects, the internationalization of financial markets, macroeconomic equilibria (or imbalances) in different countries and their propagation to the global economy, the functioning of foreign exchange markets and the economic impact of migration.

The student participating in the course will be able to answer questions such as: why do countries trade with each other? Is it really profitable? And if so, for whom? What effect does international trade have on wages? Do duties increase the welfare of the country that imposes them? What economic effects do international migration flows have? What effects do monetary policies have on the determination of the exchange rate? What does "dumping" or "multinational company" really mean?

The course is divided into two modules. The first module deals with international trade, its determinants, its effects and commercial policies. The second module deals with the issues of balance of payments, exchange rates and their determination, migration and their economic impact

Core Documentation

Economia internazionale 1, Teoria e Politica del Commercio Internazionale. Krugman P., Obstfeld M. e Melitz M. - Pearson 2015 (Tenth edition).
Economia internazionale 2, Economia Monetaria Internazionale. Krugman P., Obstfeld M. e Melitz M. - Pearson 2015 (Tenth edition).


Reference Bibliography

It is part of the syllabus the paper, downloadable online from the professor's page, "Approfondimento_Prof_Naticchioni - Corso_Immigrazione_2018". This document refers to the special focus on "migratory economy" carried out in the last part of the course by Prof. Paolo Naticchioni

Type of delivery of the course

Three lessons per week for about 11 weeks. The student is required to be actively involved during the lesson. Attending students have the possibility to sit intermediate tests.

Attendance

Attending the lectures is not mandatory

Type of evaluation

Exam: A compulsory written test that students will have to complete in 90 minutes. The written exam consists of 4 open questions, which can be articulated as exercises or theoretical questions and cover the entire syllabus. The oral exam is optional and only available to students who got an evaluation mark higher or equal to 18/30. The questions in the oral test may be theoretical or practical. The student can maintain the grade obtained in the written test or decide to take the oral exam to improve the score obtained. Exceptionally, for the spring session of the academic year 2019/2020, in accordance with the rectoral decree [art.1 Rectoral Decree n°. 703, 05/05/2020], the exams will take place online, with an oral test, using Microsoft Teams. Already from September on, and in accordance with the latest rectoral decreee, the exams will be held personally in the Department and they will be written tests, as described above.