Homeall Events

5006685: International Economics - Seminar

back to overview
Semester:WS 20/21
Type:Seminar
Language:English
Scheduled in semester:5
Semester Hours per Week / Contact Hours:30.0 L / 22.5 h
Self-directed study time:37.5 h

Module coordination/Lecturers

Curricula

Bachelor's degree programme in Business Administration (01.09.2012)

Description

Discussion of articles on issues of international economics, i.e. issues of international trade, finance and policy interventions in markets

Learning Outcomes

On successful completion of the course, students will be able to:

  • identify a theoretical approach to tackle a defined problem, and justify individual choice of theory
  • apply different theoretical models of international economics to explain real world phenomena
  • critically evaluate the character and effect of different theoretical approaches on the formulation of economic actor's strategies and behaviour
  • appraise theories of international trade in the light of current social and economic developments
  • narrow down a real economic phenomenon to a delineated research subject
  • outline and discuss comprehensive research designs for literature based analysis
  • formulate critical questions probing theoretical approaches and intended meanings
  • give constructive feedback
  • select helpful standard illustrations for deepening the theoretical underpinning of real world phenomena
  • initiate collaboration with colleagues for solving standard problems in relation to presentations
  • reflect their own scientific skills regarding constructive feedback and proposals for review and improvement

Qualifications

    • analyze controversies and debates in international economics
    • apply trade theories and theoretical approaches to exchange rate determination to explain and illustrate practical problems
    • appraise theories of international economics in the light of current social and economic developments
    • deepen the knowledge of theoretical approaches presented in the lectures and to prepare for exam
    • train problem description, choice of theory and formulating research questions
    • constructive presentation and co-discussion of fellow student´s presentation
    • manage cognition, presence and awareness, self-evaluate own contributions

Lectures Method

presentations, co-discussion , theoretical discourse, interactive routines, action learning routines

Literature

  • Krugman, P. R., Obstfeld, M., & Melitz, M. J. (2019). International Economics: Theories of Trade. 11th Global Edition, Pearson Education Limited.
  • Feenstra, R., Taylor, A. M., C. (2017), International Economics, 4th Edition, Worth Publishing
  • Selected journal articles

Exam Modalities

  • Students are being asked to group in 9 teams (3 - 4 persons per team) . Each group is assigned (mandatory) with:
  • Presentation (50%) of one key topic (article), individual investment in terms of hours approximately 20 hrs with a total of 6 - 8 hrs invested in presentation
  • Homework for Feedback (30%), Individual investment in terms of hours approximately 5 hrs. There are only 3 grades for the due delivery of homeworks: - 50 points = passed (4.0) (late delivery of homework results in 30 points!!!) - 75 points = satisfactory (4.5 - 5.0) - 100 points = very good (5.5 - 6.0)
  • Class Participation (20%) - Class participation is evaluated based on critical questions posed, class presence and constructive contributions to discussion of presentations