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[ 514INECINEK21 ] KS International Economics
Versionsauswahl
Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS B2 - Bachelor's programme 2. year Economics Michael Irlacher 2 hpw Johannes Kepler University Linz
Detailed information
Pre-requisites KS Introduction to Microeconomics AND IK Introduction to Microeconomics AND KS Introduction to Macroeconomics AND IK Introduction to Macroeconomics
Original study plan Bachelor's programme International Business Administration 2025W
Learning Outcomes
Competences
Students will develop a foundational understanding of key economic concepts and models used to explain international trade, finance, and the movement of goods and capital across borders.
Skills Knowledge
Learning Outcomes

Learning Outcome 2 (LO2): Understand the key assumptions, ideas and results of the classic and the new trade theory.

Learning Outcome 3 (LO3): Develop the mathematical and formal skills to analyse economic models in international trade.

Learning Outcome 4 (LO4): Learn how to give policy recommendations from economic models.

Learning Outcome 5 (LO5): Learn how to bring together economic theory and data.

Course Topics:

  • International Trade Theory
  • Classical Trade Models
  • New Trade Theory
  • Exporting
  • Foreign Direct Investment
  • Multinational Firms
  • Gravity Model of International Trade
  • Trade Policy

Learning Outcomes

Learning Outcome 1 (LO1): Recall basic concepts from Micro and Macroeconomics, which are applied in international economics (see course topics).

Criteria for evaluation There will be a final exam and a retake exam. The exam questions will reflect both economic intuition and reasoning as well as formal analysis of economic models.

Final grades will be given as follows:

GradePoints
 60
154
248
339
425
Methods The course is offered in combination with an intensifying course to guarantee enough time to actively practice the content discussed. In the course there will be teacher-centred information inputs, supported by slides and literature. In every lecture there will be enough time to discuss and ask questions. Every chapter in the lecture is accompanied by a problem set in the intensifying course. Students solve the problem set at home and the solutions are discussed together in the intensifying course.
Language English
Study material
  • Slides
  • Assignments sheets
  • Textbook: Krugman, Paul, Maurice Obstfeld, and Marc Melitz. "International Economics: Theory and Policy", Pearson. In the current edition.
  • Pointers to additional literature at the end of the slides.
Changing subject? No
On-site course
Maximum number of participants 100
Assignment procedure Assignment according to priority