Sapienza University of Rome Master course EPOS-EN Course Italian and European Economy Roberta De Santis Second semester, 2011-2012 Aims Italian and European Economy is a course on the economics of the European Union with a particular focus on Italian Economy in the European context. The course will cover the main theoretical issues associated to common markets, single currency areas, the process of European integration and trade competition. The main areas of interest will be the historical development of the EU, the EU regional, cohesion, trade and competition policies, labour mobility and migration, monetary unification and the impact of a single currency. Examinations Written examination with questions on the course programme. For students participating to lectures, work groups will be organized for the preparation of individual essays on specific topics of the course. The essay will count for 50% of the final evaluation. Textbooks: R. Baldwin and C. Wyplosz, The Economics of European Integration, 3rd edn, Mc Graw Hill, 2009. (ch. 2,7,9,10,11,15,16,17,18,19) “A triumph of failed ideas European models of capitalism in the crisis”, Edited by Steffen Lehndorff, ETUI. Additional readings Bank of Italy Economic bulletin, ECB Monthly bulletin , IMF World Economic Outlook, OECD Economic Outlook, The Economist, The Financial Times (freely available on the web) Hours Lectures will be held on: Monday, h.4-6 (pm), Aula del Consiglio ala B, 6th floor Tuesday, h. 9-11, Aula 2 ala C , 6th floor Wednesday, h. 9-11, Aula del Consiglio ala B, 6th floor Students can be received on Tuesday, h. 11-13. The course starts on 27 February 2012. Roberta De Santis can be contacted at the address: [email protected] Webpage : http://works.bepress.com/roberta_de_santis/ 1 Programme No. 1. 2. 3. February 27 Introduction to the course and test for students 28 am Essential macroeconomic tools Baldwin-Wyplosz,ch. 9 29 Exchange rates and Balance of Payments Baldwin-Wyplosz,ch.10 4. 5. 6. 7. March 5 Understanding economic growth in Europe (Pianta*) 6 am The first wave of European integration (Pianta) 6 pm The second wave of European integration (Pianta) 7 European institutions, law and budget (Pianta) Baldwin-Wyplosz,ch.2 8. 12 9. 10. Monetary integration and optimum currency areas Baldwin-Wyplosz,ch.10 13 am The European monetary system Baldwin-Wyplosz,ch.16 14 The European monetary system cont. Baldwin-Wyplosz,ch.16 11. 12. 13. 14. 19 The success of Europe’s growth (Pianta) 20 am The problems of Europe’s growth (Pianta) 20 pm The slowdown of Europe’s growth (Pianta) 21 The slowdown of Europe’s growth (Pianta) 15. 16. 17 26 The Italian Economy: the past decade (Laboratory) 27 am The Italian Economy: an international comparison within the EU (Laboratory) 28 Organization of work groups on course topics (Laboratory) 17. 18. 19. April 2 The European Monetary Union Baldwin-Wyplosz,ch.17 3am The European Monetary Union Baldwin-Wyplosz,ch.17 4 The European Monetary Union (Laboratory) (Easter Break) 20. * 16 Europe’s fiscal policy Some lectures are in common with the course European Economics held by Prof. Mario Pianta 2 21. Baldwin-Wyplosz,ch.18 20 am European economic policy in the last decade 22 21 Europe’s trade policy Baldwin-Wyplosz, ch.15 23. 24. 25. 26. 23 24 26 27 Advanced course on innovation and growth (Seminars) Advanced course on innovation and growth Advanced course on innovation and growth Advanced course on innovation and growth 27. 30 Europe’s trade policy cont. Baldwin-Wyplosz, ch.15 28. May 2 29 30. 31. 32. 7 8 am 8 pm 9 33. 34. 35. 14 Working groups presentations 15 am Work groups presentations 16 Conclusion of the course Europe and financial markets Baldwin-Wyplosz, ch.19 The crisis in Europe and in Italy The crisis in Europe and in Italy The crisis in Europe and in Italy Working groups presentations 3