2021/2022
BA-BISHO3004U Macroeconomics and Trade
| English Title |
| Macroeconomics and
Trade |
|
|
| Language |
English |
| Course ECTS |
7.5 ECTS |
| Type |
Mandatory |
| Level |
Bachelor |
| Duration |
One Quarter |
| Start time of the course |
Second Quarter, Autumn |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Max. participants |
70 |
| Study board |
Study Board for BSc in International Shipping and
Trade
|
| Course
coordinator |
- Jesper Buhl - Department of Strategy and Innovation
(SI)
|
| Main academic
disciplines |
- Globalisation and international business
|
| Teaching
methods |
|
|
|
Last updated on
29-06-2021
|
| Learning objectives |
To achieve the grade 12, students should meet the
following learning objectives with no or only minor mistakes or
errors:
- Identify thecore concepts in macroeconomics and international
trade theories and models
- Apply relevant theories and models to the study of global trade
flows
- Analyze developments in macroeconomics and international trade
drivers
- • Discuss, present and explain how such developments influence
shipping markets from a shipping operator's
perspective
|
| Examination |
The exam in the subject consists of three parts:
| Midterm 1 -
Macroeconomics and Trade: | | Sub exam weight | 20% | | Examination form | Home assignment - written product | | Individual or group exam | Individual exam | | Size of written product | Max. 5 pages | | . | | Assignment type | Written assignment | | Duration | 48 hours to prepare | | Grading scale | 7-point grading scale | | Examiner(s) | One internal examiner | | Exam period | Winter | | Make-up exam/re-exam | Same examination form as the ordinary exam | Description of the exam
procedure
The first and second assignment has to cover the first
two listed learning objectives. The third and final assignment has
to cover all four learning objectives. |
| Midterm 2 -
Macroeconomics and Trade: | | Sub exam weight | 30% | | Examination form | Home assignment - written product | | Individual or group exam | Individual exam | | Size of written product | Max. 5 pages | | Assignment type | Written assignment | | Duration | 48 hours to prepare | | Grading scale | 7-point grading scale | | Examiner(s) | One internal examiner | | Exam period | Winter | | Make-up exam/re-exam | Same examination form as the ordinary exam | Description of the exam
procedure
The first and second assignment has to cover the first
two listed learning objectives. The third and final assignment has
to cover all four learning objectives. |
| Final -
Macroeconomics and Trade: | | Sub exam weight | 50% | | Examination form | Home assignment - written product | | Individual or group exam | Individual exam | | Size of written product | Max. 10 pages | | Assignment type | Written assignment | | Duration | 48 hours to prepare | | Grading scale | 7-point grading scale | | Examiner(s) | One internal examiner | | Exam period | Winter | | Make-up exam/re-exam | Same examination form as the ordinary exam | Description of the exam
procedure
The first and second assignment has to cover the first
two listed learning objectives. The third and final assignment has
to cover all four learning
objectives. |
|
| Course content, structure and pedagogical
approach |
|
The course Macroeconomics and Trade will introduce the
students to the fundamental theories of Macroeconomics,
International Trade and Trade Policies and apply these theories to
global trade flows and trade developments. The lectures on the
structure and dynamics of international trade models provide the
backbone for the following class discussions on shipping trade
flows of goods and how economic and political changes alter these
flows.
The content of this course overarch macroeconomy, international
economy and international trade aspects in an attempt to provide
the students with a better understanding of the diverse set of
factors influencing the short and longer term demand for shipping
services.
|
| Description of the teaching methods |
Eextensive use of short 3-5 minutes video
recording and slide presentation made by the lecturer and dedicated
to the group assignments on various cases. This recording will
include an introduction to the assignments, the guidelines for
working with the assignments and a short walkthrough of a case
assignment example and how a presentation could be conducted.
Within groups the students are then expected to discuss the given
cases and make a similar video recording of their presentation.
These student group recording are to be viewed and discussed in
following classes. Each group of 4-5 students are expected to make
2 recordings on 2 different case topics during the course. These
group discussions and presentations enhance the students
understanding of the specific case topics and the relation to the
macroeconomics and international trade models related to the
course.
Additionally recordings related to the presentation of selected
Macroeconomic and International Trade models and their dynamics
will be developped. Such recordings will be readily available for
the student following the related lectures and hence provide for
easy revisiting for enhance understanding or the
students. |
| Feedback during the teaching period |
As part of the exam, students shall write three
graded individual home assignments. The teacher will provide oral
feedback to each assignment during classes. .
|
| Student workload |
| Lectures |
42 hours |
| Preparation for lectures |
60 hours |
| Home assignments 100 hours |
100 hours |
|
| Expected literature |
- Macroeconomics, Blanchard, by Pearson
- International Trade, Feenstra & Taylor by Worth
Publishers
|
Last updated on
29-06-2021
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