Argomenti del programma: INTERNATIONAL TRADE THEORY Interindustry trade: Ricardo, Samuelson-Ricardo-Viner and Heckscher–Ohlin models Intraindustry trade: The Krugman model Firms in the global economy: Export decisions, outsourcing, and multinational enterprises International trade policy and the instruments of commercial policy OPEN-ECONOMY MACROECONOMICS The balance of payments, foreign exchange markets, and exchange rates Short-run output…
Argomenti del programma: First Principles. Economic Models: Trade-offs and Trade. Supply and Demand. Consumer and Producer Surplus. Price Controls and Quotas. Elasticity. Taxes. Decision Making by Individuals and Firms. The Rational Consumer. Behind the Supply Curve: Inputs and Costs. Perfect Competition and the Supply Curve. Monopoly. Externalities. Public Goods and Common Resources. Uncertainty, and Risk.
All course materials are made available via Moodle, including notes to accompany the lectures. Additional background reading will also be provided.
Argomenti del programma: Introduction- Defining the macroeconomics variables. The Short Run, the Medium Run and the Long Run PART I -The Short Run: The goods market, the financial markets and the IS-LM model. Fiscal and monetary policies in the short run. PART II – The Medium Run: The labor market and the natural rate of unemployment. The IS-LM-PC model.
Argomenti del programma: Il corso tratta i temi del reddito e della contabilità nazionale, della disoccupazione, della moneta e dell’inflazione, del debito, del ciclo economico, dell’accumulazione di capitale e della crescita e dell’assicurazione.