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International Economics: Trade & Finance (E)

Niveau

First Cycle

Learning outcomes of the courses/module

Students should get clear understanding of the theory and
practice of the Modern International Economics, of its both
fundamental components – International Trade &
International Finance.

Prerequisites for the course

None

Course content

1. International Trade Theory (Comparative
Advantage Theory, World Resources, Standard
Trade Model, Firms in the Global Economy)
2. International Trade Policy (Instruments, Political
Economy, Controversies)
3. Exchange Rates and Open Economy
Macroeconomics (Money, Interest Rates and
Exchange Rates; Purchasing Power Parity;
Exchange Rate Models)
4. International Macroeconomics Policy (International
Monetary Systems, Financial Globalization)

Recommended specialist literature

1. Kenneth A. Reinert, “An Introduction to International Economics”, 2nd ed., Cambridge University Press, 2021.
2. Paul R. Krugman, Maurice Obstfeld and Marc Melitz, “International Economics: Theory and Policy”, 11th ed., Pearson, 2018.
3. Robert C. Feenstra and Alan M. Taylor, “International Economics”, 3rd ed., Worth Publishers, 2014.
4. John McLaren,” International Trade”, Wiley, 2013.
5. Ayse Y. Evrensel, “International Finance for Dummies”, Wiley, 2013.
6. Adrian Buckley, “International Finance: A Practical Perspective”, Pearson, 2012.

Assessment methods and criteria

Final examination

Language

English

Number of ECTS credits awarded

1.5

Share of e-learning in %

0

Semester hours per week

1.0

Planned teaching and learning method

Presentation, discussion, individual and group work

Semester/trimester in which the course/module is offered

1

Name of lecturer

MMag. Christopher Miess, MSc.

Academic year

1

Key figure of the course/module

IP_BUS123

Type of course/module

integrated lecture

Type of course

Compulsory

Internship(s)

not applicable