Availability
Course availability varies each semester. Students will work with our on-site Pavia Tutor and Pavia Faculty, to ensure proper placement into courses of interest. Several economics courses are available each semester, along with courses in other areas of interest.
Articulated Courses
The below courses have been pre-approved in economics, and you may find additional ones in the Course Approval Database. Courses not already in the database may be evaluated by following the economics study abroad evaluation process (for all economics-related courses), or the study abroad course evaluation process for all additional courses.
ECT is the Credit Hour Unit used by Pavia (and many European institutions). Pavia ECTs are typically double what students will earn at Illinois. Example: 6 ECT in Pavia is typically 3 Illinois Credit Hours.
First Semester (Fall)
| Name Of The Unit | ECTS | Illinois Equivelent | Prerequisites |
|---|---|---|---|
| Applied Finance Lab | 3 | ECON 1-- | None listed |
| Contemporary Economic History | 9 | ECON 1-- | None |
| Management Of Information Systems (MIS) | 9 | ECON 1-- | Students should be familiar with the fundamentals of the different management disciplines and organizational science. To take the course, they do not need a specific experitse in computer science |
| Methods And Models For Financial Engineering | 6 | ECON 1-- | none |
| Applied Econometrics Lab | 3 | ECON 2-- | None |
| Applied Industrial Organization | 9 | ECON 2-- | This course is self-sustained and there are no pre-requisites to attend this course. Basic knowledge of game theory and econometrics may help, but it is not compulsory. |
| Applied Statistics | 9 | ECON 2-- | Basics of Statistics |
| Competition Law | 6 | ECON 2-- | General knowledge about European Union and its institutions (Commission, Parliament, Council, Court of Justice) |
| Data Science | 9 | ECON 2-- | Statistics |
| Digital Marketing | 6 | ECON 2-- | Basic notions of marketing, e.g.: market research techniques, customer segmentation and strategic positioning, famous four Ps (Product, Price, Promotion and Place), usual contents of a Marketing Plan. Passion for digitial economy and social media. |
| European Constitutional Law | 6 | ECON 2-- | No prerequisite is expressly required. However the knowledge of the basic legal concepts acquired during their Bachelor studies is at least recommended. |
| Food Economics And Agricultural Development | 6 | ECON 2-- | Basic Knowledge of micro- and macro-economics |
| Gender Issues in a Global Perspective | 6 | ECON 2-- | Since the course is in English students are required a relatively good fluency in English (at least B1) . Familiarity with the fundamental concepts of Economics and Political Science is also required. |
| Innovation Management | 6 | ECON 2-- | basic expertise in management and business strategy |
| International Business Law | 6 | ECON 2-- | No prerequisite is expressly required. However the knowledge of at least the basic legal concepts acquired during the Bachelor studies is recommended. |
| Italian Politics and Society | 6 | ECON 2-- | |
| Law of Regional Integration | 6 | ECON 2-- | none |
| Probability And Stochastic Processes | 9 | ECON 2-- | The course requires basic knowledge of Probability typically taught in an introductory course in Probability and Statistics. In particular, we assume the Student knows the following concepts: discrete and continuous random variables, expectation and variance, conditional probability, law of large numbers, central limit theorem. |
| Financial Risk Management | 6 | ECON 2-- | None |
| Economics And Finance Of Multinational Corporations | 9 | ECON 3-- | Students should have basic knowledge of accounting and corporate finance. In any case, recap of topics necessary for the course is made in the beginning sessions. |
| Economics Of Monetary Integration | 6 | ECON 3-- | basic macroeconomics |
| Mathematical Methods For Business | 6 | ECON 3-- | Calculus: limits, functions, derivatives, optimization Linear algebra: vector and matrices, matrix operations Statistics: common distributions, parameter estimate, confidence intervals, hypotesis test |
| Quantitative Methods for Applied Business Statistics | 6 | ECON 3-- | Some basic notions and techniques of Statistical Inference will be recalled at the beginning of the course. Nonetheless, students will considerably benefit from some familiarity with problems of point estimation, interval estimation and hypothesis testing as they are commonly illustrated in introductory Statistics courses |
| Quantitative Policy Analysis For Development | 6 | ECON 3-- | The course has no formal pre-requisites. A familiarity with basic statistical, macroeconomic and microeconomic concepts is very useful |
| Economics Of Innovation And Industrial Dynamics | 6 | ECON 4-- | Basic knowledge of Economics and Applied Industrial Organization |
| Applied Quantitative Economics | 6 | ECON 4-- | Good knowledge of macroeconomics and basic knowledge of econometrics are required. |
| Comparative Political Economy | ECON 4-- | 400-level Advanced Economics Course | |
| Competition Policy And Market Regulation | 6 | ECON 4-- | This course requires a good knowledge of Microeconomics at an undergraduate level. In particular students should be familiar with the theory of market structures. Students are expected to know the theory of perfect competition, while the theory of monopoly will be reviewed at the start of the course. Elementary notions of game theory are also a pre-requisite. However some tutorials will be organized in order to fill the gaps in game theory with applications to oligopoly. |
| Economic Models of Politics | 6 | ECON 4-- | 400-level Advanced Economics Course |
| Big Data Analysis | 6 | ECON 4-- | Knowledge of basic concepts of Statistics like inference, confidence interval, test of hypothesis, simple regression model. For the coding part, it is recommended to have some familiarity with Python language, or similar software like R, even through on-line courses (ex. Coursera). |
| International Economics And Policy | 6 | ECON 420 | Knowledge of the main concepts from microeconomics (consumer behaviour and demand theory; market equilibrium with perfect competition, monopoly and monopolistic competition) and macroeconomics (national accounting, IS-LM model). Knowledge of the basic concepts of statistical inference. |
Second Semester (Spring)
| Name Of The Unit | ECTS | Illinois Equivelent | Prerequisites |
|---|---|---|---|
| International Entrepreneurship And Organizational Behaviour | 9 | ECON 1-- | Basic concepts of organizational design |
| Migration and the Law | 6 | ECON 1-- | none |
| Capital Markets And Public Companies Law | 6 | ECON 2-- | Basic knowledge of private law |
| Economics And Society | 6 | ECON 2-- | Basic preparation in general sociology. Familiarity with the classics of economics and sociology |
| Economics Of Innovation And Industrial Dynamics | 6 | ECON 2-- | |
| Healthcare Management | 6 | ECON 2-- | Basic knowledge of management and economics theories. E.g. Porter’s five forces framework, pricing theories, agency theory. |
| Sociology of Development | 6 | ECON 2-- | none |
| Explanatory Models in International Relations | 6 | ECON 2-- | Attendance to lectures and seminars is compulsory. |
| Behavioral Economics | 6 | ECON 3-- | Undergraduate courses in Microeconomics and Mathematics |
| Decisions and Choices | 6 | ECON 3-- | The contents of the Mathematics basic course and some elementary models in Microeconomics together with some basic knowledge in elementary probability theory are considered as preliminaries. |
| Doing Business In | 6 | ECON 3-- | The course has no pre-requisites, but having attended International Business is fundamental to understand key concepts. The course is designed for MIBE students in particular. |
| Economics Of Cooperation And Development | 6 | ECON 3-- | Knowledge of basic concepts of macro and microeconomics and some knowledge of basic quantitative methods |
| Energy And Environmental Economics | 9 | ECON 3-- | Basic microeconomics |
| Energy And Environmental Economics | 6 | ECON 3-- | Basic microeconomics |
| Quantitative Finance | 6 | ECON 3-- | No specific prerequisite is needed. Nevertheless, familiarity with the basic concepts of Advanced Calculus, Probability and Statistics will be helpful. |
| Financial Econometrics | 9 | ECON 4-- | Econometrics and Statistics |
| Game and Equilibrium Theory: Tools and Applications | 9 | ECON 4-- | Analysis 1,2 |
| Health Economics | 6 | ECON 4-- | Students will need a firm understanding of microeconomic theory and regression analysis in order to follow the lecture materials in this class. |
| Performance Management | 6 | ECON 4-- | Basic knowledge of management, organization and economics theories. E.g. Porter’s five forces framework, pricing theories, agency theory. |
| Economics Of Emerging Markets | 9 | ECON 450 | Students taking this course are required to have basic understanding of national accounts, inflation and real activity indicators, the Solow growth model. |
| Applied Economics And Econometrics | 9 | ECON 471 | Prerequisite is an introductory course in Econometrics |
| Applied Economics And Econometrics | 6 | ECON 471 | Prerequisite is an introductory course in Econometrics |