P. Krugman, M. Obstfel e M. Melitz, International Economics: Theory and Policy (tenth edition), Pearson 2015
Learning Objectives
Development of the key basic topics of international economics (trade and finance)
Prerequisites
- Math at High School level: functions, derivatives etc.
- Introduction to Microeconomics
- Introduction to Macroeconomics
Teaching Methods
48 hours of classroom teaching (4 hours per week)
Further information
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Type of Assessment
Written exam plus an optional oral exam
Course program
World trade: an overview
Balance of Payment
The Ricardian Model
Specific Factors and Income Distribution
The H-O-S model
The standard trade model
External Economies of Scalde and the International Location of Production
Firms in Global Economy: Export decision, Outsorcing and Multinationals Enterprises
The instruments of trade policy. The political economy of trade policy
Trade Policy in Developing Countries and Controversies in trade Policy. Trade Policy in developing countries. Controversies in trade policy
Exchange Ratesand Foreign Markets
Money, Interest and Exchange Rates
Price Levels and the Exchange Rate in the Long Run
Output and Exchange rate in the short run
Fixed Exchange Rates and foreign Exchange Intervention
International Monetary System
Financial Globalization Opportunity and Crisis
Optimal Currency Areas and the Euro
Developing Countries: Growth, Crisis and Reform