The course aims to enable students to understand and critically analyse the essential aspects of economic development and the current phase of globalization both in its real and monetary aspects, that is related to trade and trade policies and to the role of exchange rates and the liberalization of foreign exchange respectively. In this context, the course focuses on the emergence and the role of international institutions in the regulation of economic relationship between countries. The first part of the course analyses the effects of globalization on economic development, with particular reference to inequality, institutional dynamics and conflicts
Students should be familiar with standard intermediate textbook of Macroeconomics and Microeconomics
Frontal lectures, homework
1. Social and Economic Inequalities
2. Productivity Enhancing Redistribution
3. Social Preferences and Economic Incentives
4. International Debt
5. History of economic globalization and international economic institutions
6. Economic globalization on the real side
7. Economic globalization on the monetary side
Notes provided by the lecturer and reading list to be provided
Written Examination