The lecture International Economics takes place in the summer semester.
Lecturer: Kristoffer Hansen
Start: 07.04.25
Date: Monday, 15:15-16:45
Room: Seminarraum 5 (I127)
Language: Englisch
Credits: 5 ECTS
Assessment: Written Exam
Module number: 07-101-4204
Aims of the lecture
The goal of the lectures on international economics is to explain the causes and consequences of international trade. The students will learn the importance of absolute and comparative advantage in understanding international trade, and they will become familiar with the system of international finance and payments. The meaning of concepts such as the balance of payments and the current account will also be explained. The students will be fully equipped to understand the contemporary issues involved in international economic relations.
Requirements
There are no specific course requirements.
Literature
- Pugel, Thomas A. International Economics 17th edition (2020)
- Caves, Richard E., Jeffrey A. Frankel, Ronald W. Jones, World Trade and Payments: An Introduction 10th edition (2007)
Lectures and slides
Lecture | Date | |
|---|---|---|
| 1. | Introduction | 07.04.25 |
| 2. | Trade Theory: Mercantilism, Smith and Ricardo | 14.04.25 |
| 3. | World Trade: An Overview | 28.04.25 |
| 4. | Growth and the Political Economy of Free Trade | 05.05.25 |
| 5. | Interventionism: The Instruments of Trade Policy | 12.05.25 |
| 6. | Globalization, Economic Development, and the Environment | 20.05.25 13:15 - 14:45 Seminarraum 5 |
| 7. | The Balance of Payments | 26.05.25 |
| 8. | Currency Markets and Exchange Rates | 02.06.25 |
| 9. | Currency Regimes | 16.06.25 |
| 10. | Exchange Rates and International Finance | 23.06.25 |
| 11. | International Lending, Inflation and Financial Crises | 30.06.25 |
| 12. | International Sanctions | 07.07.25 |
| Written Examination | TBA |