3603257: International Economics [IME]

Beschreibung

Following a short introduction to international economics, the module provides an understanding of the basic principles of international trade and policy:

• Definition and scope of international economics
• Fundamentals of international trade theory and policy
• actors and patterns in world trade
• trade models (Ricardian, Heckscher-Ohlin, standard)
• imperfect competition and international trade
• international factor movements
• international trade policy instruments, arguments and controversies
• Exchange rates and open economy macroeconomics
• national income and balance of payments
• money, interest and exchange rates

Lernergebnisse

On completion of the module students should be able to:

• Explain why countries trade and why governments may restrict international trade
• Outline theories of international trade theory and policy
• Illustrate patterns and trends in international trade
• Classify national income and balance of payments accounts
• Summarize models of exchange rate determination
• Point out the effects of changes in international exchange rates
• Identify challenges in international trade and monetary policy
• Apply international trade and finance theories to practical problems

Lehrmethoden

Interactive lecture with practical exercises (exercise course);
Seminar: case studies, private study

Voraussetzungen (inhaltlich)

Module: Introduction to Economics: Micro- and Macroeconomics (semester 1; Level 1) to attend specialization part (seminar);

Voraussetzungen (formal)

Voraussetzung für die Anmeldung zur Modulprüfung ist:

• der erfolgreiche Abschluss aller Module des 1. Vollzeit-Regelstudienjahres

• der erfolgreiche Abschluss des Moduls "Communication in English for Business"
• die Anerkennung BEC II

• der erfolgreiche Abschluss des Moduls "Communication in English for Business"

Kommentar

Das Modul wird aus Lehrveranstaltungen des Nachfolgecurriculums gebildet. Es gilt die SPO für C12.