204-039-IO1 International Economics
Study program: | International Management (MBA) |
Academic level and semester: | Master, 3rd semester |
ECTS credits/workload per semester: | 3 / 75 |
Contact hours per week/contact hours per semester: | 2 / 25 |
Type/Teaching method: | Lecture |
| Language of instruction: | English |
Frequency: | Every semester |
Lecturer: | Prof. Dr. Christian Arndt |
Content: | In this course the students will get to know important stylized facts of globalization. Students will get insights into the patterns and determinants of foreign trade, FDI and migration with applications. The course covers basic principles as well as current developments. The chapter on International Trade Policy introduces the instruments of trade policy and the political economy of trade policy. The final aspects of the lecture provide knowledge on exchange rates and open-economy macroeconomics: The international flows of capital and goods and exchange rates. |
Textbooks: | Selection of classical textbooks, journal articles, and transfer of own scientific results,· Paul Krugman, Maurice Obstfeld, Marc Melitz (2018): International Economics. Theory andPolicy. Pearson Addison Wesley. Boston et al. 11th Edition.· Robert C. Feenstra, Alan M. Taylor (2017): International Economics, fourth edition, WorthPublishers, NY.· World Trade Organisation (2018): World Trade Report 2018. The future of world trade: Howdigital technologies are transforming global commerce· Arndt, Christian; Buch, Claudia; Mattes, Anselm (2012): Barriers to Internationalization:Firm-Level Evidence from Germany, in: Canadian Journal of Economics, Vol. 45 No.1, 41-63 |
| Recommended for: | Undergraduates |
| Prerequisites: | Background in Business / Economics (intermediate level) |
Restrictions: | Number of undergraduates is limited to 6 |
Assessment: | Written exam |