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. Classroom presentation
The classroom presentation will be checked by the following elements:
a) originality and innovativeness of work (ability to carry on the proposed topic with originality compared to the literature and documentation used).
b) precision and effectiveness of the slides (style, language).
c) quality and precision of the abstract (to present the aims, the sources, the results).
c) coherence between sources, analysis and synthesis.
d) coherence between investigation questions and proposed analysis (i.e.: if I want to study the skin quality of the shoes that I’m using I can’t analyse the cotton of my shirt).
The marks will be merged in a weighted mark.
4. Reference books
Geoffrey Ingham, Capitalism, Polity Press, Cambridge, UK, 2011, pp. 5-242.
However the students that follow classes will choose a particular deepening topic fixed with the teacher.
Bibliography
4. Reference books.
Geoffrey Ingham, Capitalism, Polity Press, Cambridge, UK, 2011.
However the students that follow classes will choose a particular deepening topic fixed with the teacher.
Teaching methods
Traditional lessons. Students will be able to attend the second part of the course; they will be divided into groups, for further investigation of some of the topics in thematic workshops. Students will form small teams of 4-5 individuals who, on the basis of bibliographic and documentary indications provided by the lecturers, will prepare and give a short presentation (about 15 minutes) to the rest of the class, complete with a brief abstract in English.
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.
Classroom presentation
The classroom presentation will be checked by the following elements:
a) originality and innovativeness of work (ability to carry on the proposed topic with originality compared to the literature and documentation used).
b) precision and effectiveness of the slides (style, language).
c) quality and precision of the abstract (to present the aims, the sources, the results).
c) coherence between sources, analysis and synthesis.
d) coherence between investigation questions and proposed analysis (i.e.: if I want to study the skin quality of the shoes that I’m using I can’t analyse the cotton of my shirt).
The marks will be merged in a weighted mark.
Other information
Any additional lectures will be communicated at the start of the course and will be posted on the teacher's home-page.
2030 agenda goals for sustainable development
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