International Economic Policy

The course aims to provide students with the essential tools and conceptual foundations of macroeconomics and economic policy, with particular attention to open economy issues, as well as the basic concepts relating to the main reference economic models in the short and long term and to the problems of the international interdependence of economic policy.

Secondly, it aims to provide the necessary skills to understand and critically analyse the economic policy choices at the centre of the contemporary international debate and the effectiveness of these alternative choices.

Finally, the course aims to deepen and interpret, in the light of the concepts introduced, some transversal topics, connected to the integrated vision of the Sustainable Development Goals (SDGs) of the UN 2030 Agenda (Goals: 1, 4, 8, 10).

The course is intended to lead the student to:
- (judgment) develop an analytical method of thought in order to critically assess contemporary economic issues and, eventually, learn to evaluate choices and policies made by policy makers;
- (knowledge and understanding) master the fundamental concepts of the economic theory and the main tools for analysing the functioning of markets at the macroeconomic and international level; gain adequate knowledge of the main stylized facts of current economic systems, and understand and interpret them in the light of economic theory;
- (ability to apply knowledge and understanding) possess the tools in order to interpret both daily situations and national and international economic dynamics, i.e. the effects of alternative public policies on the welfare of countries.