Two - Year Master Degree in Economics

The objective of the course is to familiarize students with topics in international trade and international macroeconomics.

Deepening of understanding of new analytical tools. Greater awareness of mechanisms affecting the relation between agents and countries within our ever increasingly interconnected world.

2 lectures per week for 13 weeks.

Written Exam 

In the first part, the course will deal with standard international economics topics: Ricardian Models of Trade, Hescker-Ohlin, Intra-industry Trade, and models with firms’ heterogeneity (Melitz). Time permitting, we’ll discuss also trade policy issues.

In the second part of the course, we will deal with international macro topics such as the dynamics of the current account, exchange rate determination in the short and the long run, the mundel-fleming model. We will also address some topics of international finance, and discuss both the roots of the Great Recession in the US, as well as the European Crisis of 2009.

Lecture notes wil be mandatory.

Krugman Obstfeld Melitz (2016) “International Economics”, 10th edition is suggested.

Other articles and materials will be indicated suring the course.