Educational objectives Knowledge and understanding
Critical knowledge of the core subjects related to the course, in both international and national law perspective, in a systematic perspective. Knowledge and understanding of the economic ratio behind the issues covered, taking into account the international debate and the political-economic implications.
Applying knowledge and understanding
Ability to apply knowledge acquired during the course in order to analyse and discuss controversial cases in a consistent way.
Making judgements
Improvement of the ability to understand and critically assess the core subjects related to the course, considering also the political-economic implications; ability to connect, in a consistent way, the different issues examined in the course.
Communication skills
Improvement of the ability to describe and discuss, in a clear and appropriate legal language, the core subjects and the controversial issues of international contracts law.
Learning skills
Improvement of the ability to study in an independent and critical way.
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Educational objectives Course Description
The course aims to introduce students to the main international economic issues, providing the most important theoretical elements for understanding the determinants and evolution of the growing process of international integration. Particular emphasis is placed on the dynamics of international trade and production and the macroeconomic principles that govern open economies, i.e., economies that have international relations with other countries. The course analyses how these elements interact and influence the global economic landscape.
The course contributes to the development of the five Dublin Descriptors as follows:
1. Knowledge and Understanding
At the end of the course, students will:
Possess a solid understanding of key theories in international trade (e.g., comparative advantage, Heckscher-Ohlin, new trade theories) and international production.
Understand the functioning of open economy macroeconomics, including exchange rate regimes, balance of payments, and international monetary policy.
Be able to identify the main actors and institutions involved in global economic governance (e.g., WTO, IMF, World Bank, regional trade agreements).
Be familiar with the causes and consequences of globalization and economic integration.
2. Applying Knowledge and Understanding
Students will be able to:
Apply theoretical tools to analyze and interpret international trade and FDI patterns.
Evaluate the impact of international economic policies on national and global outcomes.
Assess the implications of trade agreements, tariffs, and trade barriers for businesses and governments.
Use international economic models to interpret real-world events and inform decision-making in corporate and policy contexts.
3. Making Judgements
Students will:
Develop critical thinking skills to assess the effectiveness of international economic policies and strategies.
Be able to evaluate different perspectives on issues such as protectionism, globalization, and sustainable development.
Formulate informed opinions based on data and theoretical analysis.
4. Communication Skills
Students will:
Be able to effectively communicate economic concepts and arguments in English, both orally and in writing.
Learn to structure and present analysis on international economic topics to a variety of audiences, including academics, business stakeholders, and policy professionals.
5. Learning Skills
Students will:
Acquire the ability to autonomously expand their knowledge in international economics through further reading, data analysis, and policy evaluation.
Develop the skills to undertake advanced studies or professional development in related areas such as international business, development economics, and global finance.
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