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International Economics

Module name (EN): International Economics
Degree programme: International Management, Master, ASPO 01.10.2016
Module code: MAIM-333
Hours per semester week / Teaching method: 4V (4 hours per week)
ECTS credits: 6
Semester: 3
Mandatory course: yes
Language of instruction:
English
Assessment:
written examination + term paper with presentation
Curricular relevance:
MAIM-333 International Management, Master, ASPO 01.10.2016, semester 3, mandatory course
Workload:
60 class hours (= 45 clock hours) over a 15-week period.
The total student study time is 180 hours (equivalent to 6 ECTS credits).
There are therefore 135 hours available for class preparation and follow-up work and exam preparation.
Recommended prerequisites (modules):
None.
Recommended as prerequisite for:
Module coordinator:
Prof. Dr. Leonhard Firlus
Lecturer:
Prof. Dr. Leonhard Firlus


[updated 18.08.2016]
Learning outcomes:
- The students are able to explain the creation of a simultaneous equilibrium on money and foreign exchange markets
  and analyze the effects of data changes.
- They can explain in detail and evaluate the possibilities and limits of an expansionary demand policy under
  flexible and fixed exchange rates.
- They can explain the positive welfare effects (gains from trade and gains from specialization) of international trade.
- They can explain the effects of customs duties and regional free trade agreements.
- They are able to name and evaluate the central economic problems in developing countries.

[updated 02.06.2016]
Module content:
- International trade theory and policy
- International monetary theory
- The macroeconomics of open economies
- Economics of the European Union
- Economics of developing countries


[updated 02.06.2016]
Teaching methods/Media:
The module consists of a lecture and group work and requires a large amount of student participation. The students must write and present papers on selected international economics topics. Term papers may be required depending on the size of the groups.

[updated 02.06.2016]
Recommended or required reading:
- Feenstra, Robert C. and Alan M. Taylor: International Economics. Worth Publishers, New York, newest edition.
- Jones, Robert A. The Politics and Economics of the European Union. Edward
  Elgar Publishing, Cheltenham, newest edition.
- Krugman, Paul / Obstfeld, Maurice: International Economics. Addison-Wesley,
  Reading Mass., newest edition.
- Meier, Gerald M. / Rauch, James E.: Leading Issues in Economic Development.
  Oxford University Press, Oxford, newest edition.
- Salvatore, Dominick: International Economics. John Wiley & Sons Inc., New
  York, newest edition.


[updated 02.06.2016]
[Mon Jun  1 07:38:38 CEST 2020, CKEY=iiec, BKEY=imm3, CID=MAIM-333, LANGUAGE=en, DATE=01.06.2020]