| Detailed information |
| Pre-requisites |
KS Introduction to Microeconomics AND IK Introduction to Microeconomics AND
KS Introduction to Macroeconomics AND
IK Introduction to Macroeconomics
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| Original study plan |
Bachelor's programme International Business Administration 2021W |
| Objectives |
The students have knowledge of the determinants of international trade flows. They are able to independently analyze new issues and policies related to integrated global markets. The students have knowledge of formulating international corporate strategies. The students know how to examine recent issues and trends in globalization through the lens of economic theories in international trade and political economy. They have extensive knowledge of global risks, chances, and challenges of international businesses.
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| Subject |
Clarification of the following basic terms will be covered:
- International Trade Theory
- Classical Trade Models
- New Trade Theory
- Exporting
- Foreign Direct Investment
- Multinational Firms
- Gravity Model of International Trade
- Trade Policy
|
| Criteria for evaluation |
Written final exam
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| Methods |
Calculus, graphical analysis and interpretation, logical reasoning
|
| Language |
English |
| Study material |
Lecture Slides
Textbook: Krugman, Paul, Maurice Obstfeld, and Marc Melitz, 2017. "International Economics: Theory and Policy", Pearson.
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| Changing subject? |
No |
