International Trade and Globalization (ILV)

Course numberM4.05170.13.051
Course codeITRADE
Semester of degree program Semester 1
Mode of delivery Presencecourse
ECTS credits3,0
Language of instruction English

By the end of this course on international trade students will be able to :
state facts about trade and globalization;
explain theories of international trade;
examine the consequences of different trade policies;
analyze controversies in trade policy.

Principles of Microeconomics, Principles of Macroeconomics

The course will give a selected introduction to the special issues of theory and policy of international economics. In particular, the fields of (1) international trade theory as an economic justification for cross-border business activities, (2) international trade policy and its instruments, as well as (3) selected aspects of exchange rates and open-economy macroeconomics will be under consideration.

Krugman, P.R. & Obstfeld, M. (2006). International Economics: Theory and Policy (7th ed.). Addison-Wesley Educational Publishers.

Appleyard, D. R., Field Jr., A. J., & Cobb, S. L. (2010). International Economics (7th ed.). New York: McGraw-Hill.

Lecture, discussion, presentation