This course includes two parties: a theoretical one and an empirical one. The first deals with the general theoretical problems of the economic policy from the seminal contribution of Tinbergen and from the appropriate assignation of the instruments to the different objectives. It considers both the temporal consistency problem and the credibility problem of the politics; and underlines the strategic relations between authorities.
The second one deals with the economic most relevant problems for the Italian economy: low growth, inflation and unemployment: It presents macroeconomic policies usable to solve them:
-monetary policy (in the European operational framework);
-income policies;
-budget policies.
The course aims to offer a bridge between economic theories and economic problems and to enable students to understand the economic debate and the information offered from media.