This course is designed to provide students with the tools to analyze the problems, choices, and effects of economic policies. The course analyzes the basic theories, models, and problems of macroeconomic policy, with emphasis on fiscal, monetary, exchange rate and balance of payments, growth and employment policies. Special attention is given to the European dimension and the analysis of income and wealth inequality.

• The foundations of economic policy
• Economic policy in an imperfect world
• Fiscal policy
• Monetary policy
• International financial integration and currency policy
• Fiscal policy
• Labor policies
• Growth policies
• Income and wealth distribution, redistributive effects of tax policies and government spending, causes and consequences of inequality.

• Microeconomics/ Political Economy
• Macroeconomics

- Knowledge and understanding: general knowledge of the theories and operation of economic policies is expected to be acquired.

- Applying knowledge and understanding: the acquisition of the ability to apply general knowledge to the economic policies examined in the course is expected.

- Making judgments: an ability to critically evaluate economic policies is required

- Communication skills: it is required a good ability to expose the knowledge acquired

- Learning skills: development of the ability to learn by combining theories and practices of economic policy is expected

The teaching material prepared by the lecturer in addition to recommended textbooks (such as for instance slides, lecture notes, exercises, bibliography) and communications from the lecturer specific to the course can be found inside the Moodle platform › blended.uniurb.it

Lecture slides and targeted individual office hours.

Teaching

Online lectures, online seminars.
The formation of study teams and the preparation of papers to be presented at the exam may be proposed to the attending students.

Attendance

It is highly recommended to attend regularly the course.

Course books

A. Bénassy-Quéré, B. Coeuré, P. Jacquet, J. Pisani-Ferry, Politica economica. Teoria e pratica (Seconda Edizione). Bologna, Il Mulino 2019

•Excluded:

- all suparagraphs with star;

- the following sections: 

•Chapter 1: 3.1;

•Chapter 2:  1.1, 1.6;

•Chapter 5: 2.4 e 3.1

•Chapter 6:  2.2 sections A, D e F; i 2.3 e 3.2;

•Chapter 7:  2.1, 2.4, 2.5 e 2.6; section B of the paragraph 2.3

•Chapter 8:  sections B and C of the the paragraph 2.2, 2.3 and 3.3

•Chapter 9:  2.3.

• Frameworks 1.1, 1.5, 2.2, 2.3, 2.4, 2.6, 2.11, 3.5, 3.7, 3.12, 3.13; 4.3, 4.11, 4.12, 4.14, 4.19, 5.3, 6.2, 6.11, 7.13, 9.6, 

Materials provided by the lecturer for topics concerning the distribution of income and wealth.

Erasmus students can request to sit the final exam in English with an alternative bibliography to be defined with the professor.

Assessment

The examination is based on a one-hour compulsory written test and consists of 5 open questions.

The open questions aim to ascertain the student's ability to master the concepts covered during the course and to be able to expose their arguments in a clear and limited time, using a rigorous and punctual formal and graphic analysis.

The evaluation criteria are: the level of mastery of theoretical knowledge, of the graphical and mathematical tools used; the degree of articulation of the answer; the degree of appropriateness of the explanation; the degree of accuracy of graphic and formal analysis.

Based on these criteria each theoretical question will be evaluated on a 6-point scale, and each correct answer is worth 6 points. The exam is considered passed if the student brings an evaluation equal to or greater than 18. The vote may be:

- Rejected by the student; the test must be repeated (possible option for once).

- Accepted by the student.

- Accepted with request for integration in the oral test (which can increase or decrease the script rating).

The test results are displayed on the same day or the next day of the test. At the timetable announced during the written exam, students who wish may inspect their proper exam, proceed with registration of the votes for those who accept the vote and take the oral exam for those that require integration.

Student essays will be evaluated for the final marks.

Disability and Specific Learning Disorders (SLD)

Students who have registered their disability certification or SLD certification with the Inclusion and Right to Study Office can request to use conceptual maps (for keywords) during exams.

To this end, it is necessary to send the maps, two weeks before the exam date, to the course instructor, who will verify their compliance with the university guidelines and may request modifications.

Teaching

Same program of the attending students.

Attendance

Same program of the attending students.

Course books

Same program of the attending students.

Assessment

Same program of the attending students.

Disability and Specific Learning Disorders (SLD)

Students who have registered their disability certification or SLD certification with the Inclusion and Right to Study Office can request to use conceptual maps (for keywords) during exams.

To this end, it is necessary to send the maps, two weeks before the exam date, to the course instructor, who will verify their compliance with the university guidelines and may request modifications.

Erasmus students can request to sit the final exam in English with an alternative bibliography to be defined with the professor.