Portale di Ateneo - En.Unibs.it

MACROECONOMIC OUTLOOK AND POLICIES

Single discipline educational activity

Course Sheet

Academic Year of enrolment:

2012/2013

Academic Year of provision:

2013/2014

Type of Course:

Characterising

Degree:

Master's Degree Programme in MANAGEMENT

Language:

Italian

Grouping type:

Credits:

Programme Year:

Cycle:

First four months

Hours of classroom activity:

Hours of individual study:

165

The content of the courses Economics I and II (Microeconomics and Macroeconomics)

Educational Goals

The key analytical tools useful to understand the economic policy decisions, with particular reference to macroeconomic policies, are presented.

Content

The course of Macroeconomic outlook and policies analyses the main trends in the world, European and Italian economy. The course focuses both on long-run trends (also dealing with issues such as globalization and trade policies) and on current problems (including the impact of the financial crisis and Eurozone’s crises), as well as on future scenarios.

Extended Syllabus

* Economic policies: macroeconomic and structural policies; objectives and instruments; monetary and fiscal policies; inflation, unemployment and growth.
* The world economy: economic growth in the world; the BRICs and the other emerging countries; Globalization and trends in workd trade; macroeconomic and commercial policies in open economies; the main international organizations: Wto, G-8, G-20; the financial crisis (2007-08)and the Great Recession.
* The European economy: economic integration in the EU, from the customs union to the Single Market; the Maastricht Treaty and the EMU; the ECB and European monetary policy; fiscal policies and sustainability of public debts; Sovereign debt crisis and EU response.
* Italian economy: slow growth and economic decline; the main structural problems; the labour market: problem and policies; the public debt burden and recent budget measues.
* Economic scenarios: discussion on the recent trends of the World, European and Italian economies, based on updated reports of national and international organizations; future perspectives.

Recommended Bibliography

* Slides and teaching material prepared for the course.
* Suggested texts: O. Blanchard, Macroeconomics (for students lacking macroeconomic preparation); D. Miles, A. Scott e F. Breedon, Macroeconomics: Understanding the Global Economy, 3rd ed., Wiley & Sons, 2012; E. Marelli e M. Signorelli, Politica Economica, Giappichelli, Torino, 2010.
* Other suggested reading: scientific articles and documents of institutions (e.g. Italian Government, European commision, Bank of Italy, ECB, IMF, World Bnak, Oecd).

Teaching Methods

* lectures,
* seminars,
* other teachin activities (student help, tutorial activity in English for Erasmus students, etc.)

Assessment Methods

Written exam (including mid-term exam), optional (additional) oral exam, research papers (agreed with the teacher during the lectures).

Assessment:

Final Mark

Programme of Educational Activities

Start date of teaching period:

Monday, September 16, 2013

End date of teaching period:

Monday, December 23, 2013