Skip to Main Content (Press Enter)

Logo UNIBG
  • ×
  • Home
  • Degrees
  • Courses
  • People
  • Outputs
  • Organizations
  • Third Mission
  • Projects
  • Expertise & Skills

UNI-FIND
Logo UNIBG

|

UNI-FIND

unibg.it
  • ×
  • Home
  • Degrees
  • Courses
  • People
  • Outputs
  • Organizations
  • Third Mission
  • Projects
  • Expertise & Skills
  1. Courses

INSTITUTIONS, MARKETS AND THE GLOBAL ECONOMY - 190030-M1

courses
ID:
190030-M1
Dettaglio:
SSD: Political Economy Duration: 48 CFU: 6
Located in:
BERGAMO
Url:
Course Details:
GEOPOLITICS, ECONOMY AND GLOBAL STRATEGIES - 190-270/Geoeconomics, Markets, Institutions Year: 1
Year:
2025
Course Catalogue:
https://unibg.coursecatalogue.cineca.it/af/2025?co...
  • Overview
  • Syllabus
  • Degrees
  • People
  • Other

Overview

Date/time interval

Primo Semestre (15/09/2025 - 19/12/2025)

Syllabus

Course Objectives

The course aims to equip students with essential tools for describing and understanding the main determinants of long-term economic growth and the convergence or divergence between countries. It integrates key theoretical concepts with data analysis to explore the evolution and history of economic systems and their implications for socioeconomic development. Finally, the course aims to analyze the key factors driving the process of economic integration among national economies, as well as the international mobility of goods, labor, and capital. By the end of the course, students should be able to explain the role of fundamental growth factors such as institutions, financial markets, globalization, investments, human capital, and technology.


Course Prerequisites

None. It is preferable for students to have completed introductory courses in Microeconomics and Macroeconomics.



Teaching Methods

The teaching will be delivered primarily through traditional lectures, with particular emphasis on fostering student interaction and engagement.


Assessment Methods

The exam consists of a written test that includes true/false questions, multiple-choice questions, and open-ended questions/exercises. The test aims to verify students' ability to analyze and reason using economic tools. There are no additional oral exams.


Contents

The course will concentrate on the study of fundamental concepts in economic theory and the understanding of the evolution and history of economic systems, along with their implications for social development. This will be approached through both theoretical models and empirical analysis.


Part 1: Determinants of Economic Growth


The first part of the course will explore the primary drivers of economic growth. Particular attention will be given to the role of institutions, which can influence economic development in numerous ways. A stylized model of economic growth—such as the Solow growth model—will be introduced and analyzed in detail.

Specific topics include:


  • The importance of private property rights
  • The role of democratic institutions
  • The impact of efficient government organizations

However, institutions are not historically exogenous; they are shaped by, and interact with, broader social factors such as pre-existing social norms. Accordingly, this section of the course will address the interaction and co-evolution of institutions and dominant cultural frameworks within societies.


Parte 2: Markets and Global Integration


The second part of the course will focus on the structure and functioning of key markets and globalization, including:

  • The labor market
  • The goods and services market
  • The financial market
  • International integration: key concepts and stylized facts
  • Determinants and benefits of opening up to international trade


Specifically, the course will cover:

Introduction

  • Key empirical patterns to be explained
  • Analytical tools for growth analysis
  • Introduction to basic econometrics


Accumulation of Production Factors

  • Physical capital
  • Population dynamics and economic growth
  • Human capital


Productivity: Measuring and Understanding

  • The role of technology in economic growth
  • Technological frontiers
  • Efficiency and productivity
  • Growth in an open economy


Foundations of Growth

  • Government and institutional quality
  • Income inequality
  • Culture and social norms
  • Geography, climate, and natural resources


Market Structures

  • Goods and services markets
  • Labor markets
  • Financial markets


Globalization




Online Resources

  • E-learning
  • Leganto - Reading lists

More information

Students are recommended to register to the E-learning page of the course.


Degrees

Degrees

GEOPOLITICS, ECONOMY AND GLOBAL STRATEGIES - 190-270 
Master's Degree
2 years
No Results Found

People

People

LECCE Giampaolo
Gruppo 13/ECON-01 - ECONOMIA POLITICA
AREA MIN. 13 - Scienze economiche e statistiche
Settore ECON-01/A - Economia politica
Ricercatori Legge 240/10 - t.det.
No Results Found

Other

Main module

METHODS AND IMPACT IN THE GLOBAL ECONOMY
  • Use of cookies

Powered by VIVO | Designed by Cineca | 26.3.5.1