Ateneo - UPO

This course analyses the drivers and characteristics of the ongoing globalisation process from the perspective of international economics. It aims to provide a broad perspective that links historical processes with contemporary questions about the future of the world economy. Lectures will develop and coordinate different methodological approaches and levels of analysis: current events; economic theory; empirical investigations. Students will also learn key methodological tools. Specifically, the course addresses the following questions. What are the historical roots of globalisation? How do we explain global imbalances? What are the gains from trade and why do countries trade with each other? Why is protectionism a cost and why do we have multilateral trade regulations? What is Italy's place in the global economy?

Kenneth A. Reinert, International economics, Cambridge University Press 2021

Provide a broad perspective linking historical processes with contemporary questions about the future of the world economy.

Economics and Economic policy

Frontal lectures

Written exam

1 Introduction
2 Absolute Advantage
3 Ricardian Model of Comparative Advantage
4 Hecksher-Ohlin Model of Comparative Advantage
5 Intra-Industry Trade
6 The Political Economy of Trade
7 Trade Policy Analysis
8 The World Trade Organization
9 Preferential Trade Agreements
10 Multinational Enterprises and Foreign Direct Investment
11 Global Value Chains

Understanding the motivations and types of internationalisation of companies