INTERNATIONAL ECONOMICS

INTERNATIONAL ECONOMICS

Gianfranco Di Vaio

Obiettivi formativi

The course aims at giving students a better understanding of international macroeconomics and the world economy

Risultati di apprendimento attesi

Making judgements: Through both theoretical and practice front lessons but also with in-class presentations, and working group projects, this course will allow the students to enhance their ability to make judgements and to develop critical thinking on complex topics in the field of international macroeconomics, which span from the functioning of the FX and financial markets to monetary and fiscal policy decisions and the functioning of open and interconnected economies worldwide. Communications Skills: This course will allow students to enhance their communications skills in the field of international macroeconomics, by communicating, in the most effective and appropriate way, their ideas, proposals, analyses and critical reasoning on complex topics which rule countries, policy makers and financial markets worldwide. Learning skills: This course will contribute to empower learners giving them the tools to understand, among other things, the functioning of open and interconnected economies worldwide, the functioning of the FX and financial markets, the decisions taken by monetary and fiscal policy makers both in ordinary times and in times of crisis, which all have a direct impact on citizens, enterprises and investors.

Contenuti Del Corso

The course focuses on topics in open economy macroeconomics, with analysis of theoretical models, presentation of empirical data and discussion on practitioners’ view of selected issues.

Testi Di Riferimento

Class presentations and materials included in the textbook – Feenstra R.C. and Taylor A., International Macroeconomics (last Ed.)

Metodologie Didattiche

Class presentations and seminars

Modalità di verifica dell'apprendimento

Group project, Individual assessment and written exam

Criteri per l’assegnazione dell’elaborato finale

Professor's approval

Settimana 1

The FX Market

Settimana 2

The PPP Theory

Settimana 3

The PPP Theory

Settimana 4

The Monetary Approach in the Long Run

Settimana 5

The Monetary Approach in the Long Run

Settimana 6

The Monetary Approach in the Long Run

Settimana 7

The Asset Approach in the Short Run

Settimana 8

The Asset Approach in the Short Run

Settimana 9

The Asset Approach in the Short Run

Settimana 10

The BOP

Settimana 11

The BOP

Settimana 12

The BOP