HISTORY OF FINANCIAL MARKETS
cod. 18715

Academic year 2013/14
1° year of course - First semester
Professor
Gian Luca PODESTA'
Academic discipline
Storia economica (SECS-P/12)
Field
Economico
Type of training activity
Characterising
42 hours
of face-to-face activities
6 credits
hub: PARMA
course unit
in - - -

Learning objectives

2. Skills to improve and learning outcomes
a) Knowledge and comprehension abilities
The student will get the ability to analyze how the financial markets growth represents the principal shape of the capitalistic system. He will explain the financial tools evolution in connection with cultural, political and social changes. He will get how the financial crisis represent a stable situation of capitalism and will make sense both of its mechanisms and structural and cyclical crisis.
b) Ability to use knowledge and comprehension
The student will use the studied issues to understand the complexity of the current financial dynamics in the globalized markets.
c) Judgment autonomy
The student will be able to evaluate critically the economic and financial processes of the current globalized capitalism.
d) Communicative skills
The student will get a conceptual property on market organization indispensable for the education and the communication of a future financial markets operator.

Prerequisites

Nothing

Course unit content

1. Description of contents
The course retraces the evolution of the international financial system since its origins to present, compared to capitalistic systems development. Between the issues of the course: financial crisis, market economy, corporative economy and communist economy. The world-economy, globalization myth, Euro-Atlantic area and Far East-Pacific area. Globalization and decline of national States, empires and international balance.

Full programme

HISTORY OF FINANCIAL MARKETS
SSD: SECS-P/12 – CFU: 6 – Teacher: Gian Luca Podestà




1. Description of contents
The course retraces the evolution of the international financial system since its origins to present, compared to capitalistic systems development. Between the issues of the course: financial crisis, market economy, corporative economy and communist economy. The world-economy, globalization myth, Euro-Atlantic area and Far East-Pacific area. Globalization and decline of national States, empires and international balance.

2. Skills to improve and learning outcomes
a) Knowledge and comprehension abilities
The student will get the ability to analyze how the financial markets growth represents the principal shape of the capitalistic system. He will explain the financial tools evolution in connection with cultural, political and social changes. He will get how the financial crisis represent a stable situation of capitalism and will make sense both of its mechanisms and structural and cyclical crisis.
b) Ability to use knowledge and comprehension
The student will use the studied issues to understand the complexity of the current financial dynamics in the globalized markets.
c) Judgment autonomy
The student will be able to evaluate critically the economic and financial processes of the current globalized capitalism.
d) Communicative skills
The student will get a conceptual property on market organization indispensable for the education and the communication of a future financial markets operator.

3. Procedures to verify learning
Written test
a) The knowledge and comprehension abilities will be check by 2 open-ended questions. These questions will be organized in: (i) a general part of 15 points worth and (ii) a part relating to the case-studies of 15 points worth.
b) The ability to implement knowledge will be check by the analysis of the answers concerning the case-studies of the 2 open-ended questions.
c) The judgment autonomy and the learning ability will be check by the analysis of the general part of the 2 open-ended questions.
d) The ability to communicate with a technical and right language will be check verifying the vocabulary used in the written answers and the tendency to clarify the meaning of the technical words used.

4. Reference books
Larry Allen, Il sistema finanziario globale. Dal 1750 a oggi, Bruno Mondadori, Milano, 2002 (ed. or., The Global Financial System. 1750-2000, Reaktion Books, London, 2001).
However the students that follow classes will choose a particular deepening topic fixed with the teacher.

Bibliography

4. Reference books
Larry Allen, Il sistema finanziario globale. Dal 1750 a oggi, Bruno Mondadori, Milano, 2002 (ed. or., The Global Financial System. 1750-2000, Reaktion Books, London, 2001).
However the students that follow classes will choose a particular deepening topic fixed with the teacher.

Teaching methods

Traditional lessons

Assessment methods and criteria

3. Procedures to verify learning
Written test
a) The knowledge and comprehension abilities will be check by 2 open-ended questions. These questions will be organized in: (i) a general part of 15 points worth and (ii) a part relating to the case-studies of 15 points worth.
b) The ability to implement knowledge will be check by the analysis of the answers concerning the case-studies of the 2 open-ended questions.
c) The judgment autonomy and the learning ability will be check by the analysis of the general part of the 2 open-ended questions.
d) The ability to communicate with a technical and right language will be check verifying the vocabulary used in the written answers and the tendency to clarify the meaning of the technical words used.

Other information

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2030 agenda goals for sustainable development

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