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2021/2022  BA-BPOLO1281U  International Economics

English Title
International Economics

Course information
Language English
Course ECTS 7.5 ECTS
Type Mandatory (also offered as elective)
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 17-12-2021

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.
Examination
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) One internal 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
The student will have access to
  • basic IT application package
Make-up exam/re-exam Home assignment - written product
Size of written product: Please see text below
Assignment type: Written assignment
Duration: Written product to be submitted on specified date and time.
Description of the exam procedure

The retake exam is a 4 hour writte home assignment with all aids. There is no specific number of pages for the exam
Course content, structure and pedagogical approach

This course offers a detailed introduction to international economics. We study several trade theories with the goal of explaining 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 (prices and quantities), social welfare (gross national product) and the distribution of welfare (inequality).
Description of the teaching methods
Lectures and exercise classes on campus. Pre-recorded online lectures and online exercises.
Feedback during the teaching period
This course comprises the following feedback activities. First, partial written solutions to exercises and quizzes with the goal of helping you figure out the solutions by yourself. Two, during exercise classes the teaching assistant will go through the solutions of some exercises in detail, focusing on the problems raised by students. Third, the mock exam will be reviewed/discussed in the lecture by the unit director. Last, you can book a slot during the online office hours to discuss/clarify any aspect of the syllabus on which you have problems.

Student workload
Preparation time (readings, group work etc.) 126 hours
Lectures / class exercises / “homework cafés” / workshops etc. 63 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 Canvas before the course starts.
Last updated on 17-12-2021