International Economics: Trade & Finance (E)

First Cycle

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

None

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)

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.

Final examination

English

1.5

0

1.0

Presentation, discussion, individual and group work

1

MMag. Christopher Miess, MSc.

1

IP_BUS123

integrated lecture

Compulsory

not applicable