EUROPEAN POLITICAL ECONOMICS

Single discipline educational activity

Course Sheet

Course code:

PEUR14

Academic Year of enrolment:

2017

Year of supply:

2018/2019

Type of Course:

Characterising

Degree:

Course of 2nd Cycle Degree in MANAGEMENT AND ECONOMICS

Location:

PESCARA

Credits:

Programme Year:

Professor and Collaborators:

ANTONIOLI Davide

Cycle:

Second four months

Hours of classroom activity:

Individual study hours:

114

Prerequisites:

No compulsory requirements.

Objectives

The course pursues the general objective of the course of study to provide knowledge and skills regarding the European Economic Policy.
In particular, the analytical tools to understand the most relevant characteristics of the European Monetary Union (EMU). In addition, on the basis of what is taught the student will be able to understand, interpret and envisage the consequences of the economic policies at the EMU and extra-EMU levels.

At the end of the course the student must possess knowledge and skills to understand and interpret the European economic and political context (Eurozone in particular), 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
- Understands the optimal currency theory
- Knows the process of European Union construction
- Understands the costs and benefits of a monetary union
- Analyses the consequences of symmetric and asymmetrc economic shocks
- Analyses the consequences of temporary and permanent economic shocks
- Analyses the monetary policies in a monetary union
- Analyses the fiscal policies in a monetary union

KNOWLEDGE AND UNDERSTANDING (applied)
- Uses analytical models and graphical analysis to understand and interpret and economic policies in the context of the European Union, with a particular focus on the Eurozone

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

COMMUNICATION SKILLS:
- uses the technical language of the 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 programme will be articulated as follows. History of European Union (EU); The institutions of the EU; Costs and benefits of a common currency; The economic policies: from fiscal policies to monetary policies; The economic crisis and the EU answers; The Italian economy in the EU context

Extended Syllabus

Main objective of the course is to provide the students of the instruments in order to understand the process of policies generation and implementation in the Eurozone.
Specific references to the national (Italian) context and the global (extra-European) context will be made.
The programme will be articulated as follows.
A historical perspective of the European Union (EU) integration;
The birth of EU institutions and their evolution over time;
Costs and benefits of a common currency, with a particular reference to the Euro Area;
The economic policy: from fiscal policies to monetary policies in a monetary union;
The economic crisis and the sovereign debt crisis in the Euro Area, with an analysis of the answers provided by European Monetary Union;
The Italian economy in the EU context: the structural condition of the economy and their relation with the Euro adoption

Recommended Bibliography

1. De Grawe P. (2 016) Economia dell'Unione monetaria, ilMulino. 2. Marelli E. e Signorelli M. (2015), Politica Economica. Le politiche nel nuovo scenario Europeo e globale, Giappichelli Editore.

Methods of Provision

Conventional

Teaching Methods

The course is made by 36 hours of frontal lessons, with references, discussions and analysis of real cases;
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

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