ECONOMICS GROWTH AND TECHNOLOGICAL CHANGE

Single discipline educational activity

Course Sheet

Course code:

000458L

Academic Year of enrolment:

2021

Year of supply:

2021/2022

Type of Course:

Characterising

Degree:

Course of 2nd Cycle Degree in ECONOMICS AND BUSINESS ANALYTICS

Disciplinary Sector:

Political Economy

Location:

PESCARA

Credits:

Programme Year:

Professor and Collaborators:

DEL GATTO Massimo

Cycle:

Second semester

Hours of classroom activity:

Individual study hours:

153

Prerequisites:

Basic knowledge of macroeconomics and microeconomics.

Objectives

The formative objective for the student consists of achieving the following learning outcomes.

Knowledge and understanding.
The course aims at providing the tools of economic analysis for the understanding of the economic-business dynamics linked to global markets in light of the increased information available. The graduate must know the international economic dynamics and must be able to use the methods and tools of analysis typical of modern economic systems.

Applying knowledge and understanding.
The course aims to transfer to the student the ability: i) to critically interpret international economic dynamics; ii) to know how to both theoretically and empirically describe the economic phenomena linked to the globalization process; iii) be able to understand and carry out comparative studies on the competitiveness of both single firms and aggregated economic systems by exploiting the increased information made available by the digitization processes.

Contents

The course analyses the link between causes and economic effects of the globalization process, with particular attention to issues related to: globalization of markets, digitalization process and fall in communication costs, international trade flows, multinational enterprises, foreign direct investment and chains global values. Object of study is also the adoption of new technologies and the concept of productivity, understood as the ultimate cause of economic growth at the level of both the single enterprise and the economic system as a whole. Throughout the course, particular attention is paid to the availability of data and to the issues related to the measurement of the above phenomena.

Extended Syllabus

- Waves of globalization: similarities and differences
- The fall in communication costs
- Economic growth
- Growth accounting and development accounting
- Productivity
- The relationship between productivity, technology and growth
- Factor allocation and productivity
- Selection effect and productivity
- Market openness and foreign direct investments
- Multinational enterprises and intra-firm trade
- Open economies and outsourcing/offshoring
- Global value chains
- MNE theory and formation of global value chains.
- Productivity, technology and competitiveness: from the company to sectors and countries. Basic concepts and measurement issues
- From small to big data: the effects of the increased availability of information on the analysis of markets and the internationalization of firms

Recommended Bibliography

- lecture notes (slides), references to scientific articles and book chapters will be provided during the course;
- Massimo Del Gatto, Trends di Economia Internazionale, Globalizzazione, investimenti e commercio estero. Rubbettino Editore, 2018
- P. Krugman, M. Obstfeld, M. Melitz, International Economics: Theory and Policy, Pearson Ed., ultima edizione;
- Giorgio Barba Navaretti e Anthony J. Venables, Le multinazionali nell’economia mondiale, Il Mulino
- David Weil, Economic Growth: International Edition 3rd (2012), Ed. Pearson

Methods of Provision

Conventional

Teaching Methods

Traditional classes, practices with ad hoc software, assignments

Evaluation methods

Verification of learning:

The verification of the learning outcomes will be carried out through a written and oral examination. In particular:

Knowledge and ability to understand
The verification of knowledge and comprehension skills will be carried out through a written and an oral examination that will cover the whole program with particular attention to the theoretical part and to the critical interpretation of graphs and tables.

Ability to apply knowledge and understanding
The ability to apply knowledge and understanding will be evaluated through the preparation of a small dissertation focused on the practical analysis of a case in order to assess the students’ ability to analyse in person (and possibly in team) the international economic dynamics related to a company, a sector or a country.

The score of the exam is assigned by a vote expressed in thirtieths. The final grade will be an average of the written-oral exam (weight 70%) and the dissertation (weight 30%).

Contacts/More Information

Seminars and laboratories given by external scholars will be part of the course.

Office hours: Thursday, 10am (to be agreed by email).

E-mail: m.delgatto@unich.it

Course web page: http://docenti.unich.it/delgatto/delgatto_web/teaching/intecon_pe/inteco...

Università degli Studi
"G. d'Annunzio"

Chieti - Pescara

Aree