The course aims to analyze both the Italian and international economy in a long-term perspective. The analysis refers to the main economic and financial variables, institutional changes and economic, financial and fiscal policies implemented across various historical phases. Thanks to the knowledge of the economic and financial policies of the past, the course aims to provide students with the theoretical tools necessary for a better understanding of present-day economies and for the identification of possible future scenarios. Particular attention is given to the economies of the Mediterranean area, the economic divide between countries of the Mediterranean region, and the role played by energy sources in ensuring the growth and stability of the region itself.
Knowledge and understanding
Student has to be able to analyze the process of modern growth in a long-term perspective, the evolution of banking and financial systems, the industrial development and the evolution of regional differences in Italy. Besides, student has to be able to analyze the economies of the Mediterranean area and the role of energy in economic growth.
Applying knowledge and understanding
Student has to demonstrate that he has understood the factors of economic growth and developmental gaps in a historical-economic perspective.
Student has to be able to critically analyze the current Italian and international economic scenario taking into account the causes of modern growth and the effects of past economic and financial policies.
Student has to be able to answer the written test questions correctly and comprehensively.
Lifelong learning skills
Student has to demonstrate that he has understood the factors that have influenced the economic and financial development in the long run and he has to apply the acquired knowledge also to the analysis of particular case studies that will be addressed during the course.
General part (48 hours lectures)
-Growth and economic development
-Evolution of banking and credit systems
-Monetary and fiscal policies
-Economic divide between Northern and Southern Italy
Special part (24 hours lectures)
-Economic divide in the Mediterranean area
-Energy and economic growth in the Mediterranean countries
The course examines the Italian and international economy in a long- term perspective, focusing on the trend of main macroeconomic variables.
The course structure features in-person lectures. Further teaching support (i.e. lecture slides and extra course material) will be made available on Moodle.
1) BARTOLETTO S., GAROFALO A., Il ruolo del credito nell'economia italiana (1861-2013), Mondadori Università, 2014.
2)R. C ALLEN, Storia economica globale, il Mulino, u.e
3) BARTOLETTO S., Energia e crescita economica nei paesi del Mediterraneo, Bruno Mondadori, 2016.
Foreign students can alternatively study other English texts provided by the lecturer, related to the topics covered during the course.
Students are required to participate in class discussions. The final exam is a written assessment, based on both open-ended and multiple-choice questions. Final grades will be awarded by taking into account:
-attendance, class participation
-in itinere tests