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Home arrow Testimonials arrow Foreign Students arrow International Economics + Case studies in global Economics
International Economics + Case studies in global Economics PDF Print E-mail

This course is part of the training Bachelor in Business Management.

International Economics: 5
Case Studies In Global Economics: 5

Course level
Introductory or advanced

Course prerequisites (start competences)

Principles of Economics (Micro- and Macroeconomics)
Fundamental knowledge of Micro- and Marco-economics
Students at least in their second year
students are able to do research, make analyses and work on papers, assignments independently
students are able to work in team
students are generally able to adapt to foreign cultures
students are able to contribute to discussions in English
students are able to fluently read and write English
enthusiast, willing to learn
open minded
critical, yet not arrogant
eager to function in a multicultural environment
longing for international experience
willing to give and receive feedback; able to cope with negative feedback
stress resistant
motivated and not easily giving up
having an own opinion, while at the same time being able to listen to others

International economics
Course description and goals

The goal of this course is to help students understand the basics of international trade and the effects of various international economic policies on domestic and world welfare. The course highlights 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. The students will also become familiar with the effects of international agreements on regional trade liberalization (such as EU and NAFTA) and on multilateral trade liberalization (e.g., WTO). Upon completion, students should be able to explain the balance of payments, how foreign exchange rates are determined and how the international monetary system functions.

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