POLITICA ECONOMICA

Single discipline educational activity

Course Sheet

Course code:

POLE12

Academic Year of enrolment:

2016

Year of supply:

2018/2019

Type of Course:

Characterising

Degree:

Course of 1st Cycle Degree in MANAGEMENT AND ECONOMICS

Location:

PESCARA

Credits:

Programme Year:

Professor and Collaborators:

ANTONIOLI Davide

Cycle:

First semester

Hours of classroom activity:

Individual study hours:

153

Prerequisites:

Although no prerequisites are required, knowledge of the basic concepts of Microeconomics is recommended.

Objectives

The course pursues the general objective of the course of study to provide knowledge and skills regarding the Economic Policy.
In particular, the analytical tools to understand, interpret and envisage the consequences of the economic policies.

At the end of the course the student must possess knowledge and skills to understand and interpret the economic changes occurred at national and international levels, in accordance with the educational objectives of the Study Course.
To this end the course proposes to transmit the following skills and knowledge:

KNOWLEDGE AND UNDERSTANDING ABILITY
- Recognizes and interprets theories, stylized facts and policies regarding public policies
- Recognizes and interprets the theories, stylized facts and policies regarding monetary policies
- Recognizes and interprets theories, stylized facts and policies regarding growth policies
- Recognizes and interprets the theories, stylized facts and policies regarding employment policies

KNOWLEDGE AND UNDERSTANDING (applied)
- Derives the keynesian multiplier
- Derives the formula for public debt dynamics
- Uses analytical models and graphical analysis to understand and interpret the economic policies (determinants and consequences)

AUTONOMY OF JUDGMENT:
- Ties macroeconomic models to economic policies
- Identifies the consequences of economic policies for the economy
- develops (even in oral form) an autonomous discourse on the main economic policy topics

COMMUNICATION SKILLS:
- uses the technical language of Economic Policy

ABILITY TO LEARN
- carries out individual and group research on specific aspects of the discipline
- compares its own competences with recent analyses and with the economic policies adopted in the context of the European Union and Eurozone.

Contents

The lessons are based on the textbook by Benassy-Quere et al. (2014).
First part of the course: the political economic foundation and the limits of the political economy.
The remaining part of the course will be devoted to the study of:
Fiscal policies;
Monetary policies;
Growth policies;
Employment policies;
Policies for open economic systems.

The level of the analysis will be both national and international, with a particular reference to the European context

Extended Syllabus

The lessons are based on the textbook Benassy-Quere et al (2014).
First part of the course: the political economic foundations and the limits of the political economy.
The remaining part of the course will be devoted to the study of:
Fiscal policies: from the DEF analysis to the description of the fiscal policies in the Euro Area;
Monetary policies: the role of the Central Bank, with a focus on the European Central Bank, and the analysis of Central Bank's instruments and objectives;
Growth policies: economic models to interpret the economic growth and the policies that may influence the rate of growth of a country;
Employment policies: analysis of the labour market and of the models used to interpret labour market's phenomena;
Policies for open economic systems: the perspective of an open economy will be considered in analysisng both the fiscal and the monetary policies.

The level of the analysis will be both national and international, with a particular reference to the European context.

Recommended Bibliography

Benassy-Quere et al (2014), Politica Economica. Teoria e Pratica (a cura di A. Petretto e F.F. Russo), ilMulino, Bologna

Methods of Provision

Conventional

Teaching Methods

The course is made by 72 hours of frontal lessons coupled with general discussions and interactions between professor and students.

Attendance is not compulsory, but it is recommended

Evaluation methods

Verification of learning:

Given the objectives and aims of the discipline the most appropriate way to verify the learning process is a written examination.
The latter is composed by two sections. The first is constituted by closed questions (5) on a vast array of topics and has the aim of capturing the overall students' knowledge of the discipline. The second is composed by open questions (2), which provide information on the capacity of the student of elaborating and analysing economic phenomena through the use of the tools provided during the frontal lessons.
The examination procedure allows to probe "the knowledge" and the "know-how" (Dublin Descriptors 1 and 2) of the student in addition to the clarity of the exposition and technical-language competencies.
Details will be provided during the classes and they will be made available on the e-learning site.
Same exam modalities fro student attending the lessons and student that do not attend the lessons.

Contacts/More Information

All information concerning the course, the lecture notes, the support materials and the exercises and all communications will take place through the e-learning page

ERASMUS students are invited to contact the professor.

Università degli Studi
"G. d'Annunzio"

Chieti - Pescara

Aree