EUROPEAN POLITICAL ECONOMICS

Single discipline educational activity

Course Sheet

Course code:

PEUR14

Academic Year of enrolment:

2018

Year of supply:

2019/2020

Type of Course:

Characterising

Degree:

Course of 2nd Cycle Degree in MANAGEMENT AND ECONOMICS

Location:

PESCARA

Credits:

Programme Year:

Professor and Collaborators:

MAURO Giuseppe

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. Analysis of the main international monetary systems. 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

Mauro G. (2013), L'evoluzione del sistema monetario internazionale e l'Unione Europea, Casa Editrice Rocco Carabba, Lanciano.

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:

Compulsory written examination, which it may supplement with an oral examination. The written exam has a duration of two hours (five open questions) and it has as its objective to verify theoretical knowledge and understanding of the subjects on the study plan (see the extended programme). The oral exam is intended to examine the ability to represent and analyse the subjects covered during the course. Both exams are based on the indicated reference texts with no distinction between attending students and non-attending students. Both exams will be carried out on different days to allow the teacher to properly evaluate all the exams. The overall mark awarded to the written exam will be between 0 and 30. The oral exam may add up to two points to the written exam. Students who have been awarded a score of 16/30-18/30 must take the oral exam. Students, who have been awarded at least 18/30 in the written exam, will be able to register their score without taking the oral exam. The written exam will be valid for twelve months.

Contacts/More Information

ERASMUS students are invited to contact the professor.

Università degli Studi
"G. d'Annunzio"

Chieti - Pescara

Aree