International Economics

About the course

Subjects

Microeconomics Macroeconomics International economics

Course content

This course offers a detailed introduction to international economics. We study several trade theories with the goal of explaining why international trade takes place, what are the benefits of international trade, and in what patterns countries trade with each other. We also study trade policy tools and their implications for market equilibrium (prices and quantities), social welfare (gross national product) and the distribution of welfare (inequality).

See course description in course catalogue

What you will learn

After having attended the course the students should be able to:

Explain basic concepts in International Economics in a comprehensive and intuitive way
Describe and rationalize the main assumptions behind trade models.
Perform policy experiments based on trade models.
Illustrate diagrammatically these models and perform analysis of patterns of trade, gains from trade and redistributive effects of trade
• Solve algebraically simple trade models in order to determine the equilibrium economic variables.

Facts

Level

Bachelor

Type

Mandatory course – also offered as elective

ECTS

7.5

Code

BINBO1129U

Teaching periods

Autumn – 1st quarter

Autumn – semester

Academic year

2024/2025

Status

Available places

Teaching language

English

Teaching Format

On campus

Exams

Written exam on campus
Individual exam, autumn
Written exam on campus
Individual exam, winter

Assessment type

7 point grading scale