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Italy: Macroeconomics & Ethics

The Global Programs team in Poole is pleased to announce the planned study abroad programs for Summer 2023. Applications open now!

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Taking advantage of the academic expertise of the host institution, Università Cattolica del Sacro Cuore, participants learn from leading scholars and business men and women regarding macroeconomics and ethics. The classroom topics are brought to life as students participate in corporate visits to both local and multinational businesses. Furthermore, students engage in a variety of cultural visits around Milan to get a better understanding of Italian culture and how its rich history impacts Italian business.

Program Dates

May 16 – June 23, 2022

Regular Decision Application Deadline: February 14, 2023


Piacenza, Italy

Program Cost



EC 202 | Principles of Macroeconomics
Aggregate economic analysis emphasizing current public policy issues. Determinants of level and rate of growth of total output. Causes of unemployment and business cycles, inflation, and exchange rate fluctuations. Effects of monetary policy (money supply) and fiscal policy (government spending, taxes, deficits) on these problems. Trade surpluses/deficits and impact of international events and policies on national economies.

PHI 214 | Issues in Business Ethics
An analysis and evaluation of major issues in business ethics. Topics include the social responsibility of business; social justice and free enterprise; the rights and duties of employers, employees, manufacturers, and consumers; duties to the environment, the world’s poor, future generations, and the victims of past injustices; the moral status of the corporation; and the ethics of advertising.

M 380 | Doing Business in Italy
This experiential course combines in-class learning with out-of-classroom experiences to learn how business is done in Italy from multiple perspectives. *The M 380 course fulfills 3 credits of the interdisciplinary degree requirements for all NC State students. In addition, it counts as an elective for the business administration minor.


EC 201 | Principles of Microeconomics OR ARE 201 | Introduction to Agricultural & Resource Economics OR EC 205 | Fundamentals of Economics

Pre-requisites must be successfully completed before the start of the program. Students are able to apply to the program before they are enrolled in or while they are enrolled in the pre-requisite course. Acceptance to the program is conditional on the student enrolling in the pre-requisite and then successfully completing the course before the start of the program. 

If a student fails the pre-requisite course and is not able to repeat the course before the start of the program, he or she will be required to withdraw from the program and the refund/withdrawal policy will come into effect. Exceptions to the refund/withdrawal policy will not be made due to a student’s failure to pass the pre-requisite course. 

Academic Considerations

  • All courses are NC State courses and the grade earned in the course will count toward NC State GPA.
  • Review your degree audit to determine how courses will count for your major or minor. This program is designed for Poole majors and minors but all NC State students, who meet the prerequisites, are welcome to apply.

Calendar & Excursions

Italy Abroad

The Macroeconomics and Ethics program is based in the small, authentic Italian town of Piacenza. Students experience the Italian culture while eating at local restaurants, exploring the town, and enjoying the many plazas where families and friends gather late into the evening. The program is hosted by the Università Cattolica del Sacro Cuore and students learn from local faculty members who are experts in ethics and law. Visits to local corporations enhances the topics being discussed in the classroom setting.

Students are also exposed to the major historical and tourist sights of Italy with a mid-semester excursion throughout beautiful Tuscany and Florence.