5610869: C21_International Economics (VT IME) - Seminar

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Semester:WS 23/24
Scheduled in semester:5
Semester Hours per Week / Contact Hours:28.0 L / 21.0 h
Self-directed study time:39.0 h

Module coordination/Lecturers


Bachelor's degree programme in Business Administration (01.09.2021)


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


    • 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
    • are able to give constructive presentation and co-discussion of fellow student´s presentation
    • are able to manage cognition, presence and awareness, self-evaluate own contributions

Lectures Method

The distinctive feature of the course is a learning-by-doing approach to teaching econometrics, with a strong emphasis on the application of methods to real data and the correct interpretation of results.


  • Obstfeld, M., Krugman, P. R., & Melitz, M. J. (2022) .International Economics: Theory and Policy, Global Edition, 12th Edition, Pearson.
  • Selected journal articles

Exam Modalities

  • presentation 75%
  • participation 25%