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Updated A.Y. 2022-2023


Academic Year 2022-2023


Global Economics


Prof. Barbara Annicchiarico


Course Description

The course touches upon the essential elements of macroeconomics in the context of advanced mixed market-based economies. The course focuses on labor, firms and technology, money and finance, macroeconomics and consumption, and macroeconomic policy. The last part of the course is devoted to globalization and economic relations between nation-states, an analysis of the major economic crises, and an introduction to environmental macroeconomics.


Teaching Method

The course combines the traditional teaching method based on lectures, exercises, and problems, with experiments in active classroom learning with students being assigned material before class, which is then used as a basis for discussion and activity.

For further details, see below, Presentation #0 and the syllabus

Preliminary Reading List

Last update:  8 August 2022

IMPORTANT: This list will be subject to changes and updates during the semester. The final reading list for each topic will be available step by step. In this way, I'll be able to tailor the contents of this course to students' needs, interests, and backgrounds. Please check this syllabus regularly for any updates. 

Please notice that

  • Starred (*) readings are required and can be objects of examination.

  • Other readings are optional and are provided for your interest and benefit. These readings will not be objects of examination. 


Topic 1 The capitalist revolution, technological change, population, and growth

The capitalist revolution, income measures, and economic growth 

Preliminary readings and material

*Unit 1 CORE textbook: Introduction, from 1.1 to 1.9,  1.11 and 1.12. Einstein box.  

*Presentation 1 

*Global Economics Lab #1

Technology, population, and growth

Preliminary readings and material

*Unit 2 CORE textbook: Introduction ......

*Presentation 2 

*Global Economics Lab #2




Topic 2  Labor supply: scarcity, work, and choice       (Unit 3, CORE textbook)
Topic 3 Labor demand: owners, managers, and employees (Unit 6, CORE textbook)
Topic 4 The labor market: Wages, profits, and unemployment (Unit 9, CORE textbook)

Topic 5 Banks, money, and the credit market (Unit 10, CORE textbook)
Topic 6 Economic fluctuations and unemployment (Unit 13, CORE textbook)
Topic 7 Unemployment and fiscal policy (Unit 14, CORE textbook)
Topic 8 Inflation, unemployment, and monetary policy (Unit 15, CORE textbook)
Topic 9 The nation and the world economy (Unit 18, CORE textbook)
Topic 10 The Great Depression, Golden Age, and the Global Financial Crisis  (Unit 17, CORE textbook)
Topic 11 Climate actions and environmental macroeconomics (Unit 19, CORE textbook)