INTERNATIONAL BURCH UNIVERSITY
Faculty of Economics and Social Sciences
Department of International Business
2017-2018
SYLLABUS |
Code |
Name |
Level |
Year |
Semester |
IBS 226 |
International Economics |
Undergraduate |
3 |
Spring |
Status |
Number of ECTS Credits |
Class Hours Per Week |
Total Hours Per Semester |
Language |
Compulsory |
5 |
2 + 1 |
0 |
|
The course will highlight sources of comparative advantage, gains and losses from trade, the impact of trade on economic growth, and effects of trade policy interventions such as tariffs, quotas, voluntary export restraints, and export subsidies. International agreements on regional trade liberalization (such as EU and NAFTA) and on multilateral trade liberalization (WTO) will be also discussed. Topics on international finance will include balance of payments, determination of foreign exchange rates and international banking. |
COURSE OBJECTIVE |
The purpose of this course is to help students understand the basics of international trade and finance and the effects of various international economic policies on domestic and world welfare. |
COURSE CONTENT |
- Introduction, Windows on the World Economy
- International trade Theories
- Debate
- The instruments of Trade Policy
- The World Trade Organisation
- Debate
- Multinational Companies
- Midterm Exam
- Migration
- Debate
- Exchange rates and Purchasing Power Parity
- The International Monetary Fund
- Debate
- Crises and Responses
- Debate
|
Description |
- Interactive Lectures
- Presentation
- Discussions and group work
- Student debates
- Assignments
- Case Studies
- Use of educational films
|
Description (%) |
Problem solving | 1 | 20 | Midterm Exam(s) | 1 | 30 | Presentation | 1 | 20 | Final Exam | 1 | 30 |
|
TEXTBOOK(S) |
- Kenneth A. Reinert (2012) An introduction to International Economics – New Perspectives on the World Economy, Cambridge University Press
|
ECTS (Allocated based on student) WORKLOAD |
Lecture (14 weeks x Lecture hours per week) | | | 0 | Laboratory / Practice (14 weeks x Laboratory/Practice hours per week) | | | 0 | Midterm Examination (1 week) | | | 0 | Final Examination(1 week) | | | 0 | Preparation for Midterm Examination | | | 0 | Preparation for Final Examination | | | 0 | Assignment / Homework/ Project | | | 0 | Seminar / Presentation | | | 0 |
|