Syllabus

Title
1413 Specialization Course - International Economics
Instructors
ao.Univ.Prof. Dr. Gabriele Tondl, Mag.Dr. Rudy Weissenbacher, M.A.
Type
PI
Weekly hours
4
Language of instruction
Englisch
Registration
09/18/26 to 09/20/26
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Tuesday 10/06/26 08:00 AM - 10:00 AM TC.4.04
Tuesday 10/13/26 08:00 AM - 12:00 PM TC.5.14
Tuesday 10/20/26 08:00 AM - 12:00 PM TC.5.14
Tuesday 10/27/26 10:00 AM - 12:00 PM TC.5.14
Tuesday 11/03/26 08:00 AM - 12:00 PM TC.5.14
Tuesday 11/10/26 08:00 AM - 12:00 PM TC.5.14
Tuesday 11/17/26 08:00 AM - 12:00 PM TC.5.14
Tuesday 11/24/26 08:00 AM - 12:00 PM TC.5.14
Tuesday 12/01/26 08:00 AM - 12:00 PM TC.5.14
Tuesday 12/15/26 08:00 AM - 12:00 PM TC.5.14
Tuesday 12/22/26 08:00 AM - 12:00 PM TC.5.14
Tuesday 01/12/27 08:00 AM - 12:00 PM TC.5.14
Tuesday 01/19/27 08:00 AM - 12:00 PM TC.5.14
Tuesday 01/26/27 08:00 AM - 12:00 PM TC.5.14
Contents

This course consists of two parts (International Trade Theory and Policy and International Economics and Development):

  1. "International Trade Theory and Policy" will be taught by Gabriele Tondl (Tuesdays, 10-12.00a.m. Exam: 19.01.2027).
    This part covers the role of international trade. Crucial reasons for trade relations between countries and their implications will be studied with the help of different models (eg. Ricardo Model, Heckscher-Ohlin Model). Furthermore, different trade policies such as tariffs, quotas and trade agreements will be analyzed based on trade theory and applied cases.
  2. International Economics and Development  (Rudy Weissenbacher, Tuesdays 8-10:00 am)
    This part deals with problems and fields of action of peripheral and semi-peripheral countries. Their situation in an international and macroeconomic context is being shaped by (transnational) commodity chains. This part of the course will engage with theoretical, structural, and empirical classification of commodity chains, foreign direct investment, transnational companies, foreign debt, external constraints, the role of exchange rates, industrial development and the room to maneuver for national and regional economic policy. 
Learning outcomes


The aim of the course is to strengthen students' analytical skills - on a conceptual and practical level - in order to understand the complex relationships in the field of real and monetary international trade, and economic and development policy, respectively.

Several learning outcomes of this course contribute to the perspectives of WU's global mindset program. Students work and collaborate in intercultural teams, and present selected topics and research results together. Introducing economic and social perspectives from students' home countries to the course discussions is welcome and being encouraged. Last but not least, the course contributes to the "Knowledge on the interconnectedness of global social and economic systems and to reflect on these connections" (global mindset program).

Attendance requirements

We accept two missed lectures in each part of the course.

Teaching/learning method(s)

This course offers a mixture of lectures, discussions and presentations with accompanying thematic input.

In the international trade part, students are expected to continuously work on the material in the form of homework assignments (simple research, texts), which have to be reported in class, or in the form of written repetitions from last class, as well as continuous active participation in class. The international trade part finishes with a final exam on January 19. 

In the international development part, participants will communicate and present texts and discuss questions and problems that may arise. Reading assignments and discussions serve as a content basis ('common knowledge') for the research on and the writing of a seminar paper. The course instructor accompanies this process with thematic input.

Assessment

The overall grade for the two parts of the course consists of the following partial grades:

"International Trade Theory and Policy" (Gabriele Tondl): 50%

    Final exam on "Trade Theory and Policy": 20%
    4 written repetitions (the 3 best of which count), 3 homework assignments: 20%
    Active participation in the units: 10%

The written repetitions can only be taken in class and at the date announced. To account for possible absence and fairness, only the 3 best of your repetitions are counted.
The the submission of each asssignment (online) has to meet the deadline, delayed work is not accepted. Furthermore, you have to report on your assignment in class in order to receive points. 
You will be credited 1 point in each class if you have actively participated in the class. The point will be registered by the teacher at the end of each class, not at a later date. Please make sure that your point is registered immediately after class. 

"International Economics and Development" (Rudy Weissenbacher): 50%

    Seminar paper on "International Economics and Development": 25%
    Presentations: 12.5%
    Participation (active participation in the units and written assignments): 12.5%

Key for grades: 

1100%-88%
2< 88%-75%
3< 75% - 62%
4< 62% - 50%
5< 50% - 0%

 

Prerequisites for participation and waiting lists

Students must be able to read and communicate complex social science texts in English language.

For those who have registered for this course:

Your attendance at the first class session is required to confirm your enrollment in this course. If you are unable to attend the first class session, you must notify the course instructors in advance so as not to lose your spot.

Seats are allocated on a “first come, first served” basis during the registration period.

After the registration period ends, available course seats will be added and allocated to students on the waiting list who do not yet have a valid registration for the course—ranked by academic progress and urgency. There is no guarantee of a course seat.

If you wish to withdraw after the registration period ends, please notify the course instructors immediately via email so that your spot can be reassigned.

For those who are only on the waiting list:

Any spots that become available will be assigned to people on the waiting list during the first class session. If you are near the top of the list, it is therefore recommended that you attend the first class session.

Recommended pre-requisite:

  • Introduction to Economics (“Grundlagen der VWL” in STEOP)
  • Applied Microeconomics
  • International Macroeconomics
Readings

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.

Recommended previous knowledge and skills
  • Introduction to Economics (“Grundlagen der VWL” in STEOP)
  • Applied Microeconomics
  • International Macroeconomics
Availability of lecturer(s)
Other

It is possible to write a thesis in extension to this course (Gabriele Tondl).

Last edited: 2026-09-04



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