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2018/2019  BA-BINBO1129U  International Economics

English Title
International Economics

Course information

Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Quarter
Start time of the course Fourth Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc in International Business
Course coordinator
  • Daniel Borowczyk-Martins - Department of Economics (ECON)
Main academic disciplines
  • Economics
Teaching methods
  • Face-to-face teaching
Last updated on 26-06-2018

Relevant links

Learning objectives
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.
International Economics:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Spring and Summer
Aids Limited aids, see the list below:
The student is allowed to bring
  • Non-programmable, financial calculators: HP10bll+ or Texas BA II Plus
  • Language dictionaries in paper format
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Course content and structure

This course offers a detailed introduction to international economics, including international trade and international finance topics. In the international trade part of the course, we study several trade theories, which explain 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 and social welfare, both theoretically and by analysing real-world case studies. In the international finance part of the course, we study the balance of payments, discuss intertemporal trade and what underlies trade deficits.

Description of the teaching methods
Lectures and Exercises
Feedback during the teaching period
The student should actively seek feedback from the professor/teacher.
Student workload
Lectures 42 hours
Exercises 12 hours
Preparation for class and exams 171 hours
Expected literature

Paul R. Krugman,Maurice Obstfeld and Marc Melitz, International Economics: Theory and Policy, Pearson International Edition, latest edition

Additional optional readings will be posted on the website of the course.

Last updated on 26-06-2018