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Global Political Economy: Introduction to the course Giovanni Marin Department of Economics, Society, Politics Universit degli Studi di Urbino Carlo Bo Aim of the course The course is aimed at providing an overview of economic issues

  1. Global Political Economy: Introduction to the course Giovanni Marin Department of Economics, Society, Politics Università degli Studi di Urbino ‘Carlo Bo’

  2. Aim of the course The course is aimed at providing an overview of economic issues related to global economy by combining concepts of international economics and international business A combination of standard economic models and empirical evidence (based on historical data or case studies) is employed to understand what drives international trade between countries and foreign direct investments of multinational firms as well as to discuss which are the consequences of globalization on socio- economic dimensions Spring 2019 Global Political Economy 2

  3. About me • Current position : – Assistant professor in Applied Economics, Department of Economics, Society, Politics, University of Urbino ‘Carlo Bo’ ( since November 2016) • Previous positions : – Post-doctoral researcher, Research Centre for Sustainable Economic Growth of the National Research Council of Italy (IRCrES-CNR, 2012 – 2016) – Post-doctoral researcher at OFCE-SciencesPo , Sophia Antipolis, France (2014-2015) • Education : – PhD in Economics, Markets, Institutions at IMT Institute for Advanced Studies Lucca , Italy (2009-2012) – Visiting scholar at UC Berkeley (2011) – ‘Laurea Magistrale’ in Applied Economics and Economic Policies, University of Ferrara , Italy (2003-2008) • Research : – Environmental economics and policy – Trade and the environment – Innovation in firms and sectors Spring 2019 Global Political Economy 3

  4. Structure of the course - more details on the syllabus - 1. Key stylized facts about globalization patterns 2. Standard economic models that describe the determinants of international trade 3. Models of trade in presence of: a. Heterogenous firms b. Imperfect competition c. Trade costs 4. Trade vs investment abroad a. Economic models that describe firms ’ decisions about internationalization strategies b. Focus on the role of technology 5. Impacts of globalization Spring 2019 Global Political Economy 4

  5. Homepage of the course • See my personal homepage: http://www.giovamarin.altervista.org > Teaching or direct URL: https://tinyurl.com/yaqku3lj • You will find: – Timetable of classes – Syllabus – Slides (posted after class) – Additional material about topics discussed in class (posted after class) Spring 2019 Global Political Economy 5

  6. Textbooks • Beugelsdijk S, Brakman S, Garretsen H, van Marrewijk C " International Economics and Business. Nations and Firms in the Global Economy ", Second Edition, Cambridge University Press, 2013 ( BBGV ) • Castellani D, Zanfei A " Multinational Firms, Innovation and Productivity ", Edward Elgar Publishing, 2006 ( CZ ) Spring 2019 Global Political Economy 6

  7. Additional material • Slides • Articles on magazines or newspapers • Articles on academic journals Spring 2019 Global Political Economy 7

  8. Evaluation 1. Mid-term written exam: – 30% of final evaluation – Date: February 26th (TBC) 2. Short essays and presentations on specific topics: – 20% of final evaluation – Dates: • Topics assigned on February 27st (TBC) • Essays due by April 8th (TBC) • Presentations to the class on April 9th,10th, 16th, 17th (TBC) 3. Final written exam: – 50% of final evaluation – Date: Apr 24th (TBC) Spring 2019 Global Political Economy 8

  9. Office hours and contacts • My office is located in the Department of Economics, Society, Politics, Via Aurelio Saffi, 2, Urbino • E-mail: giovanni.marin@uniurb.it • Office hours: Tuesday (11.30AM – 1PM) Spring 2019 Global Political Economy 9

  10. Timetable • Tuesday 2.30-3.30 PM • Wednesday 11AM – 1PM – Due to other committments (research projects and conferences) some of the classes will not take place or will be moved Spring 2019 Global Political Economy 10

  11. Week Date Hrs Title References 15-16 Jan Slides; BBGV Ch 1 1 3 Introduction to the course: dimensions of globalization and key stylized facts 2019 and 2 22-23 Jan Slides; Varian Ch 5, 2 3 Basic concepts of microeconomics and industrial organization 2019 13, 14, 16 29-30 Jan 3 3 Comparative advantage (Ricardo) Slides; BBGV Ch 3 2019 5-6 Feb 4 3 Factor endowment: HO model Slides; BBGV Ch 3 2019 12-13 Feb 5 3 Beyond comparative advantage and factor endowment: intra-industry trade Slides; BBGV Ch 4 2019 19-20 Feb Slides; BBGV Ch 4 6 3 Internationalization, firm heterogeneity and trade costs 2019 and 6 26 Feb 2019 1 Exam on lectures 1-10 (30% of final mark) 7 Assignment of topics for essays and presentations to groups of students. The essay is 27 Feb 2019 2 due by April 8 (20% of final mark) Spring break 12-13 Mar 9 3 FDI and firm-specific advantages Slides; BBGV Ch 7 2019 19-20 Mar Effects of globalization: economic growth, offshoring, wages, skills, inequality, social Slides; BBGV Ch 13 10 3 2019 dimension, environment and 14 26-27 Mar 11 3 Technology, demand and FDI; asset-exploiting and asset-seeking FDI (Prof. Zanfei) Slides; CZ Ch 1, 2 2019 2-3 Apr Effects of globalization: economic growth, offshoring, wages, skills, inequality, social Slides; BBGV Ch 13 12 3 2019 dimension, environment and 14 9-10 Apr 3 Students' presentations I and II 2019 13 16-17 Apr 3 Students' presentations III and IV 2019 23 Apr 2019 1 Q&A session 14 24 Apr 2019 2 Final exam (50 % of final mark) Spring 2019 Global Political Economy 11

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