International & Environmental Economics
Niveau
1. Study cycle, Bachelor
Learning outcomes of the courses/module
The students are able to:
• identify the increasing integration of the world economy as globalization and explain historical developments
• to analyze the drivers of international foreign trade within the framework of economic models and to relate them to current developments
• discuss the limitations of markets and the causes of market failures
• identify the economic effects of climate change and discuss instruments for reducing CO2 emissions
• assess the potential for political interventions in foreign trade and environmental protection
• identify the increasing integration of the world economy as globalization and explain historical developments
• to analyze the drivers of international foreign trade within the framework of economic models and to relate them to current developments
• discuss the limitations of markets and the causes of market failures
• identify the economic effects of climate change and discuss instruments for reducing CO2 emissions
• assess the potential for political interventions in foreign trade and environmental protection
Prerequisites for the course
Courses: Managerial Economics and Political Economics
Course content
• Classical and modern trade theories
• Agglomeration advantages and choice of location
• Welfare effects of tariffs and trade quotas
• Balance of payments, current account and capital account
• Measurement and determinants of exchange rates
• World Trade Organization and Monetary Union
• Globalization and worldwide supply chains
• Agglomeration advantages and choice of location
• Welfare effects of tariffs and trade quotas
• Balance of payments, current account and capital account
• Measurement and determinants of exchange rates
• World Trade Organization and Monetary Union
• Globalization and worldwide supply chains
Recommended specialist literature
• The CORE Team: The Economy: Economics for a Changing World. Oxford University Press (latest edition)
• Krugman, Paul; Obstfeld, Maurice; Melitz, Marc: International Economics: Theory and Policy, Global Edition. Pearson (latest edition)
• Field, Barry; Field, Martha: Environmental economics: an introduction. McGraw-Hill Book Company (UK) Ltd (latest edition)
• Krugman, Paul; Obstfeld, Maurice; Melitz, Marc: International Economics: Theory and Policy, Global Edition. Pearson (latest edition)
• Field, Barry; Field, Martha: Environmental economics: an introduction. McGraw-Hill Book Company (UK) Ltd (latest edition)
Assessment methods and criteria
Portfolio
Language
English
Number of ECTS credits awarded
4
Share of e-learning in %
25
Semester hours per week
2.0
Planned teaching and learning method
Blended Learning
Semester/trimester in which the course/module is offered
5
Name of lecturer
Prof. (FH) Dr. Peter Dietrich
Academic year
Key figure of the course/module
IBS.VZB.05.04
Type of course/module
integrated lecture
Type of course
Compulsory
Internship(s)
none