English   Danish

2019/2020  BA-BPOLO1281U  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 First Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc/MSc i International Business and Politics, BSc
Course coordinator
  • Daniel Borowczyk-Martins - Department of Economics (ECON)
Main academic disciplines
  • Economics
Teaching methods
  • Blended learning
Last updated on 17-06-2019

Relevant links

Learning objectives
  • 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-point grading scale
Examiner(s) Internal examiner and external examiner
Exam period Autumn
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
The student will have access to
  • Advanced IT application package
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.
It is at the discretion of the Study Board to change the exam form from a 4-hour written sit-in exam to a 20 min oral exam with no preparation.
Course content, structure and pedagogical approach

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
The main teaching activities are lectures, exercises and group discussions.
Feedback during the teaching period
We try to offer feedback in response to your questions and work whenever feasible although please appreciate that there are often time constraints. Please feel free to take full advantage of the ‘office hours’ offered by full-time staff members, although these can never be a substitute for participation in lectures and classes. We also encourage you to ask questions or make comments in class and form self-study groups to secure peer feedback on your work.
Student workload
Preparation time (readings, group work etc.) 144 hours
Lectures / class exercises / “homework cafés” / workshops etc. 48 hours
Exam (incl. preparation for the exam and actual exam period) 14 hours
Expected literature

Krugman, Obstfeld, Melitz, International Economics: Theory and Policy, Global Edition, 11th Edition.


Please note that minor changes may occur. The lecturer will upload the final reading list to Learn before the course starts.

Last updated on 17-06-2019