| |
 |
|
|
|
|
Codice:
Course code: |
|
910003-ENG |
|
|
|
Anno accademico:
Academic year: |
|
2011-2012 |
|
|
|
Titolo del corso:
Course title: |
|
International Monetary Economics
|
|
|
|
Modulo:
Module: |
|
Unico
|
|
|
|
Docente 1:
Teacher 1: |
|
BELLOFIORE Riccardo |
|
|
|
Ruolo Docente 1:
Teacher 1: |
|
|
|
|
|
Sdoppiamento 1:
Splitting 1: |
|
0 |
|
|
|
Modulo 1:
Module 1: |
|
0 |
|
|
|
|
|
|
Modalità 1:
Type 1: |
|
Convenzionale
|
|
|
|
Docente 2:
Teacher 2: |
|
LUCARELLI Stefano |
|
|
|
Ruolo Docente 2:
Teacher 2: |
|
|
|
|
|
Sdoppiamento 2:
Splitting 2: |
|
0 |
|
|
|
Modulo 2:
Module 2: |
|
0 |
|
|
|
|
|
|
Modalità 2:
Type 2: |
|
Convenzionale
|
|
|
|
Docente 3:
Teacher 3: |
|
Toporowski Jan (Visiting Professor) |
|
|
|
Ruolo Docente 3:
Teacher 3: |
|
|
|
|
|
Sdoppiamento 3:
Splitting 3: |
|
0 |
|
|
|
Modulo 3:
Module 3: |
|
0 |
|
|
|
|
|
|
Modalità 3:
Type 3: |
|
Convenzionale
|
|
|
|
Settore scientifico-disciplinare:
Reference sector: |
|
SECS-P/01 Economia politica |
|
|
|
Anno di corso:
Year of degree course: |
|
first year LM MAFIB
|
|
|
|
Facoltà:
Faculty: |
|
Economia |
|
|
|
Modalità di frequenza:
Type: |
|
Non obbligatoria |
|
|
|
Semestre:
Semester: |
|
2 |
Sottoperiodo:
Sub period: |
|
0° |
|
|
|
Numero totale di crediti:
Total credits: |
|
6.0 |
|
|
|
Carico di lavoro
Workload |
|
Attività frontale:
Lectures: |
48.0 |
|
|
Esercitazioni:
Applied activities: |
0.0 |
|
|
Studio individuale:
Individual work: |
102.0 |
|
|
Attività didattica a piccoli gruppi:
Group work: |
0.0 |
|
|
|
|
Seminari:
Seminars: |
0.0 |
|
|
|
|
Laboratori:
Laboratories: |
0.0 |
|
|
TOTALE (voci sopra-elencate):
TOTAL: |
150.0 |
|
|
Ore di lezione settimanali:
|
0.0 |
|
|
|
|
Prerequisiti:
Prerequisites: |
|
|
|
|
|
Obiettivi formativi:
Educational goals: |
|
The course aims to give the background of monetary economics and international finance needed to understand the current theoretical debates and the current economic policies. It also provides the analytical tools necessary to address some of the issues that emerge as a result of the evolution of the international economic system in the last decades.
|
|
|
|
Contenuto del corso:
Course contents: |
|
1. The international monetary system: an historical sketch
2. The endogeneity of the money supply
3. The transmission mechanism with the interest rate as a policy variable
4. The "New Consensus"
5. The evolution of monetary policy, with special attention to European Union and US
6. The foreign exchange market.
7. The balance of payments.
8. Balance of payments imbalances: different interpretations
9. Balance of payments crises.
10. From the Great Moderation to the Great Recession
11. The debate on international monetary reform
12. Bernanke's ?Savings Glut' in China
13. Global macroeconomic imbalances and neo-mercantilism
14. The credit counterparts theory of international money
15. 'Optimal Currency Area' theory and its critique
16. Macroeconomic adjustment in a pure credit international monetary system
|
|
|
|
Testo di riferimento 1:
Course text 1: |
|
Texts will be communicated to the students at the beginning of the course.
|
|
|
|
Testo di riferimento 2:
Course text 2: |
|
John T. Harvey , "Currencies, Capital Flows, and Crises: A Post Keynesian Analysis of Exchange Rate Determination", Routledge, 2009, (Paperback). (First part of the course)
|
|
|
|
Metodi didattici:
Teaching activities: |
|
Lectures and Seminars
|
|
|
|
Struttura della verifica del
profitto:
Assessment: |
|
scritto + orale
written + oral
|
|
|
|
Descrizione verifica del profitto:
|
|
Open questions for both the written and oral parts. The oral part is mandatory, and can be taken only after having passed the written exam successfully.
|
|
|
|
Lingua di insegnamento:
Teaching language: |
|
English
|
|
|
|
Altre informazioni:
Other information: |
|
Semester: II
Coordinator: prof. BELLOFIORE Riccardo
Toporowski Jan, Visiting Professor, teaches "Theory of financial institutions & policy" and "Banking and finance in economic development" at the School of Oriental and African Studies, University of London (see : http://www.soas.ac.uk/staff/staff31930.php)
|
| |
|
|