The course is divided in two modules: The module led by Roberto Ricciuti (7 credits) on the one hand analyses issues raised by the European Monetary Union, on the other hand deals with sovereing debt crisis in historical perspective. The module led by Marcella Veronesi (2 credits) introduces instruments for environmental economic policy and deals with market failures, externalities, public goods, sustainable development, and the relationship between economic growth, increasing population and the environment.
Ricciuti:
P. De Grauwe, Economia dell’unione monetaria, Bologna, il Mulino.
C. Reinhart e P. Rogoff, Questa volta è diverso. Otto secoli di follia finanziaria, Milano, Il Saggiatore.
Veronesi:
R. K. Turner, D. W. Pearce, I. Bateman, Economia ambientale, Bologna, Il Mulino, chapters 3-8, and 10-14.
Mid-term 60-minute written paper, two open questions, 50% of the final marks
90-minute written paper, four open questions.
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