We review the main causes behind the success of some countries to reach high-income status and the failure of most to do so. We cover most of the issues of interest to low- and middle-income countries: institutions, liquidity constraints and financial markets, international financial issues and FDI, information externalities and coordination problems, human capital issues.
Students are expected to have had intermediate Micro and Macroeconomics, and a working knowledge of Econometrics. This semester it is offered only in Spanish
The course aims to allow students to master the key topics in international economics; providing them the basis for further economics courses; making them familiar with the instruments needed to tackle the chief international economics issues, often subject of everyday worries. All that is linked to the specificity of European values and to the urgency of promoting a sustainable transition.
Essential pre-requisites to the course are: (i) a good knowledge of the English language, the teaching language of this course, respectively B1+ or B2 according to the study program chosen, and (ii) having taken a base course in macroeconomics (with a passing grade).
From 0 (minimum) to 30 with honors (maximum). Minimum passing grade is 18 out of 30.
Lessons, courseworks, tests and exams are available online. Grade components are: Online individual test, taking online quizzes in class, (optional) team work and (optional) flipped class. The individual test consists in answering 3 questions during an online oral exam. On average one (online) quiz with multiple answers is given in each lesson: a rate of participation and an answer score above the respective median earn a bonus of +1 point for each one of the two factors. After the first 3-4 course weeks, the teacher subdivides the class in working groups of max 5 students. The team work consists in realizing a short presentation (20 minutes circa) and a paper (minimum 15 pages). Team work topics will be agreed during the course; the presentations will be delivered in front of the class at the Presentation Day (in the last week of the course). Final papers must be handed in one week before the first written exam session, in early January. After the working groups are formed, the teacher offers each group to give a lesson of the course in flipped class modality and the groups which accept receive a bonus of +1. The final grade is given by the weighted average between the grade of the team work (with weight 0.25) and the individual oral exam (with weight 0.75) to which the possible bonuses are added. For the students who do not participate in the team work, the individual exam determines 100% of the final grade. Both the weighting with the vote of the team work and the addition of the bonuses can take place only if the student gets at least 18/30 in his/her individual final exam.
This course is designed to introduce masters' level students to key contemporary issues in environmental economics. The course is founded in economic theory and covers methodologies that are applied to analyse environmental problems and policies. It will discuss economic factors that give rise to local and global environmental problems and economic incentives that can be used to mitigate these problems. Applications of various approaches to real world environmental problems, technology choices and policies will be presented in class to illustrate key concepts. It will also introduce students to non-market valuation techniques. Students are also expected to search for currently debated environmental problems and policies that would trigger discussions in the class.
What is impact evaluation? How can we neatly identify the causal impact of a certain program or policy or event on the outcomes of interest? Which tools do we have at disposal? This module will address these questions, by focusing on the selection problem that typically arises in impact evaluation studies. We will discuss ways in which properly designed studies can address it. We will dedicate the first part of the module to discuss the design of sound experiments (randomized controlled trials). We will then discuss alternative solutions, for settings in which experiments are not feasible and/or desirable. Although the tools studied in this module have a broad application, examples and case studies will be taken mostly from the development economics literature.
Students must have completed undergraduate training in economics, political science, or related field. In particular, participants should be familiar with basic undergraduate econometrics.