International Economics (VT IME)
International Economics (VT IME)
Module Coordinator/Lecturers
Project Description
Following a short introduction to international economics, the module provides an understanding of the basic principles of international trade, trade policy and international finance. In detail the contents of the module include:
- 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
- International monetary system and policy
- policy goals and options
- international coordination
Learning Objectives
The students will develop an understanding of of the basic principles of international trade, trade policy and international finance.
Furthermore, they will test theories of international economics to explain past developments in world trade and finance. This will enable them to judge the applicability of theoretical approaches in international economics to evaluate and predict future behavior of market participants
Furthermore, they will test theories of international economics to explain past developments in world trade and finance. This will enable them to judge the applicability of theoretical approaches in international economics to evaluate and predict future behavior of market participants
Requirements (formal)
Enrollment from WS23/24
These admission requirements:
Enrollment before WS23/24
Either the above admission requirements or:
These admission requirements:
- To register for modules in the specialization, the modules Statistics, Business Mathematics, and English I must have been successfully completed.
- In addition, the module Strategic Management must have been successfully completed in order to register for the IME specialization.
Enrollment before WS23/24
Either the above admission requirements or:
- To register for fifth semester modules, all modules from the first year of study must have been successfully completed.
- Elective courses are not taken into account for these regulations.