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Course 2017-2018 a.y.

20269 - ECONOMICS OF EUROPEAN INTEGRATION


CLMG - M - IM - MM - AFC - CLEFIN-FINANCE - CLELI - ACME - DES-ESS - EMIT - GIO
Department of Social and Political Sciences

Course taught in English


Go to class group/s: 31

CLMG (6 credits - II sem. - OP  |  SECS-P/02) - M (6 credits - II sem. - OP  |  SECS-P/02) - IM (6 credits - II sem. - OP  |  SECS-P/02) - MM (6 credits - II sem. - OP  |  SECS-P/02) - AFC (6 credits - II sem. - OP  |  SECS-P/02) - CLEFIN-FINANCE (6 credits - II sem. - OP  |  SECS-P/02) - CLELI (6 credits - II sem. - OP  |  SECS-P/02) - ACME (6 credits - II sem. - OP  |  SECS-P/02) - DES-ESS (6 credits - II sem. - OP  |  SECS-P/02) - EMIT (6 credits - II sem. - OP  |  SECS-P/02) - GIO (6 credits - II sem. - OP  |  SECS-P/02)
Course Director:
CARLO ALTOMONTE

Classes: 31 (II sem.)
Instructors:
Class 31: CARLO ALTOMONTE


Course Objectives

The course applies the most recent theoretical and empirical developments in international economics to the process of European integration. By the end of this course, students are able to practically use advanced economic and statistical tools for the analysis and possible solution of the most relevant issues in economic policy currently discussed in the EU. To this aim, specific group assignments using actual data and special guests from the EU Institutions complement the course program.


Course Content Summary

The course is divided into four parts.

  • Economic integration and growth.
  • Innovation policies and economic integration.
  • Economic geography and cohesion.
  • Future developments of the EU in the post crisis context.

Among the topics covered, the course in particular touches upon the following:

  • International trade models with heterogeneous firms.
  • Micro-foundation and analysis of productivity dynamics.
  • Role and emergence of Global Value Chains.
  • Innovation and international trade.
  • New economic geography.
  • Structural reforms in the EU.

Detailed Description of Assessment Methods
For attending students
  • Two take-home group assignments on the first three parts of the course, worth 70 per cent of total marks.
  • A final written exam makes up for the remaining points. Take home grades are valid for one academic year.
For non attending students
  • Individual essay, on a topic to be agreed in advance, on one of the first three parts of the course, worth 50 per cent of total marks.
  • A final written exam makes up for the remaining points.
No partial exams are scheduled.

Textbooks
  • D. ACEMOGLU, P. AGHION, F. ZILIBOTTI, Distance to Frontier, Selection and Economic Growth, Journal of the European Economic Association, 2006, 4:37-74.
  • C. ALTOMONTE, T. AQUILANTE, G. BEKES, et al., Internationalization and innovation of firms: evidence and policy, Economic Policy 28, 2013, (76):663-700.
  • I. COLANTONE, R. CRINO, New imported inputs, new domestic products, Journal of International Economics, 2014, 92:147-165.
  • P. KRUGMAN, Scale Economies, Product Differentiation and the Pattern of Trade, American Economic Review, 1980, 70:950-959.
  • T. MAYER, G. OTTAVIANO, The Happy Few: the Internationalisation of European Firms, Bruegel Blueprint 3; 2007.
  • M. MELITZ, The Impact of Trade on Intra-Industry Reallocation and Aggregate Industry Productivity, Econometrica, 2003, 71:1695-1725.
  • M. MELITZ, G. OTTAVIANO, Market Size, Trade and Productivity, Review of Economic Studies, 2008, 75: 295-316.
  • D. PUGA, European Regional Policies in Light of Recent Location Theories, Journal of Economic Geography, 2002, 2:373-406.
Last change 18/05/2017 16:04