The course will focus on some of the biggest global geopolitical issues, crises and macroeconomic imbalancements trying to analyze them in the light of some of the most important economic theories and considering some specifics case studies
The financial dynamics complexities and their geopolitical consequences will be rebuilt in a global scale, and in a synthetic way. The course will also analyze the metamorphoses of economic theory facing the transformation of the social, economic and demographic conditions of some of the most important Countries in the world.
The objective of the course is to give the students some tools in order to grasp many contemporary phenomena as globalization, the critical issues of financial capitalism, the new shapes of mercantilism and the protagonists of these new global challenges, the causes of the main global financial crises and their main characteristics.
There are not specific requirements
Face-to-face lectures.
Teamwork activities
Students who have valid certification of physical or learning disabilities and who wish to discuss possible accommodations or other circumstances regarding lectures, coursework and exams, should speak both with the instructor and with Prof.ssa Elena Lagomarsino elena.lagomarsino@unige.it the Department's disability liaison
-Monetary systems and main optimum currency area theories and case studies -The case of the Eurozone and of the Gulf Cooperation Council
-Mercantilism in the Twenty-first century. Germany and China -Capitalism: main theories -The most important crises: an analysis -Money: whence it came, where it went. Endogenous and exogenous money -Financial markets and public debt
-Globalization and de-globalization in the multi-polar world
J. Ingham, Capitalism, part.1 - Classical theories of capitalism
1)Smith: p. 7-14
2) Schumpeter and Keynes: p. 36-51
Ingham, part. 2 - The instititutions
1) Money: p. 65-91
2) Capital and financial markets: p. 147-174
MOHD HUSSAIN KUNROO, Theory of Optimum Currency Areas: A Literature Survey, Review of Market Integration 2016
A. ALJADANI, M. FEAD, L. RAIMI, Exploring the potentials of optimum currency area and the political will of the Gulf Cooperation Council, Proceedings of 4th European Business Research Conference 9 - 10 April 2015, Imperial College, London, UK, ISBN: 978-1-922069-72-6
FU-LAI TONY YU, NeoMercantilist Policy and China’s Rise as a Global Power, in Contemporary Chinese Political Economy and Strategic Relations: International Journal, Vol. 3, No. 3, Dec. 2017, pp. 1043-1073
A. SIERON, Endogenous versus exogenous money. Does the debate really matter?, Research in Economics, 2019
Other materials will be uploaded to Aulaweb page
Ricevimento: Please contact the lecturer by email (romani@economia.unige.it).
February, 2026
Attending students can get an intermediate test.
Students will do team working activities.
Non-attending students will take a written test with multiple choices and two open-ended questions
The intermediate test will check and assess students' knowledge of the main topics and technicalities.
Multiple-choice questions will check technicalities and specific contents
Open questions will check students' critical skills and their ability to elaborate logically the topics taught in the course Team working will check student's critical and dialectical skills
Ask the professor for other information not included in the teaching schedule