COSTANTINI VALERIA
(syllabus)
Part I (Chapters 1-2-3-4-5-6-7-8-9-10) Introduction Market failures: micro Welfare economics Externality Public goods Public policies for micro failures Market failures: macro Financial fluctuations Unemployment Inflation Growth and distribution Non-market failures Regulation and property rights Competition policy Cost benefit analysis Trade policies
Part II (Chapters 11-12-15) Open economy Balance of payments Exchange rate Mundell-Fleming model Monetary policy Policies for competitiveness in open economy Exchange rate policy International cooperation
Part III (Chapters 13-14-16-17-18) Fiscal policy Public budget Income policies Monetary systems International Monetary Fund The EU monetary system International institutions European Union Monetary area Stability and Growth Pact
(reference books)
Nicola Acocella, Politica economica e strategie aziendali. Carocci editore, 6a edizione 2018
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