OVERVIEW

The course explores the economic rationale behind international trade. Lectures will explore the models that explain the advantages and disadvantages of trade between nations and the economic policy tools that support national trade policies. 

AIMS AND CONTENT

LEARNING OUTCOMES

The course explores the theoretical models underlying international trade, the variables that determine its development and the policies that influence it. The theoretical study is complemented by empirical application with particular reference to the Italiam economic system.

AIMS AND LEARNING OUTCOMES

Students will achieve a good understanding of the mechanisms that regulate international trade. Furthermore, the course provides the elements for a critical reading and interpretation of national trade policies and the reasons why individual states favour or restrict foreign trade. 

The students' participation in the case studies will allow them to work on advanced level alphabetical-functional competence, which will be recognised through open badges upon passing the final examination. 

PREREQUISITES

No prerequisites are necessary

TEACHING METHODS

Traditional lessons and seminars. Morevoer, the course is conducted through lectures and case studies. Depending on the number of participants, group works may be carried out to develop advanced alphabetical and functional skills.

SYLLABUS/CONTENT

Topics covered in the course include:

- The Ricardian comparative advantage model

- The Heckscher-Ohlin model

- External scale economies and the localisation process of firms

- Enterprises in the global economy

- Trade policy instruments

- National Accounts and Balance of Payments

RECOMMENDED READING/BIBLIOGRAPHY

Students attending lectures may prepare for the examination on the notes and material presented in class and downloadable from the aulaweb.

Students non attendting lectures may study the english version of book:

- P.R. Krugman, M. Obstfeld, M.J. Melitz, "International trade: Theory and Policy" 

TEACHERS AND EXAM BOARD

Exam Board

CLAUDIO FERRARI (President)

LESSONS

LESSONS START

Lessons start in the first semester in accordance with the official calendar of the Department.

Class schedule

The timetable for this course is available here: Portale EasyAcademy

EXAMS

EXAM DESCRIPTION

Written tests (multiple-choice and open questions) are scheduled during the lecture period.

Exam consists in an oral colloquium.

ASSESSMENT METHODS

The assessment is carried out with a view to:

- the knowledge of the topics covered in the course

- the student's expository ability

- communication skills

- the correct use of specialist terms

FURTHER INFORMATION

Students with a certified DSA, disability or other special educational needs are advised to contact the teacher at the beginning of the course to agree on teaching and examination methods that, while respecting the teaching objectives, take into account individual learning modes and provide suitable compensatory tools.