Syllabus

Title
4886 Internationale Wirtschaft: Entwicklung
Instructors
ao.Univ.Prof. Dr. Gabriele Tondl
Contact details
gabriele.tondl@wu.ac.at
Type
PI
Weekly hours
2
Language of instruction
Deutsch
Registration
02/07/19 to 02/19/19
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Elective Course II - International Economics and Development
Dates
Day Date Time Room
Monday 02/25/19 10:00 AM - 12:00 PM TC.5.16
Monday 03/04/19 10:00 AM - 12:00 PM TC.5.16
Monday 03/11/19 10:00 AM - 12:00 PM TC.5.16
Monday 03/18/19 10:00 AM - 12:00 PM TC.5.16
Monday 03/25/19 10:00 AM - 12:00 PM TC.5.16
Monday 04/01/19 10:00 AM - 12:00 PM TC.5.16
Monday 04/08/19 10:00 AM - 12:00 PM TC.5.16
Monday 04/29/19 10:00 AM - 12:00 PM TC.5.16
Monday 05/06/19 10:00 AM - 12:00 PM TC.5.16
Monday 05/13/19 10:00 AM - 12:00 PM TC.5.16
Monday 05/20/19 10:00 AM - 12:00 PM TC.5.16
Monday 05/27/19 10:00 AM - 12:00 PM TC.5.16
Monday 06/03/19 10:00 AM - 12:00 PM TC.5.16
Monday 06/17/19 10:00 AM - 12:00 PM TC.5.16
Monday 06/24/19 10:00 AM - 12:00 PM TC.5.16

On this page:

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Contents
This course focuses on the problems of developing countries in an international and macro economic context. We shall first discuss theories of economic development and examine how intrnational trade and foreign direct investment contribute to development. SEcond, in a macroeconomic part, we shall look at the role of different exchange rate systems, currency crises, balance of payment problems and foreign debt.

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Learning outcomes
After this course, participants of this course should be in a position to understand the typical problems of developing countries and their causes and should be able to evaluate efficient measure to overcome them.
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Attendance requirements

Students are requested to attend the course regularly. You can miss the course twice without notice. Further absence only in case of serious reasons.  

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Teaching/learning method(s)
The main part of the course  will be covered by presentations of the course leader. Home exercises will permit to reflect on the content. The final part of the course is reserved for the presentation of seminar papers and their discussion.
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Assessment

Final grades are based on the written test (40% of grade), Home exercises (30%) and presentation and submission of the seminar paper (30%),  

To receive a positive final grade, the test must be passed!

Each student has to present his(her homework twice during the term.

Topics for the seminar paper and dates of presentation will be distributed on March 25. The seminar paper and its presentation will be done as a teamwork by 2 students.

The course has 5 ECTS (for incoming students the ZAS information applies).

Students should attend classes, but can be absent during 2 units. Beyond that a confirmation of severe reasons for absence is requested.

Please reserve the dates of the test and your presentation in your calendar.. Alternative dates cannot be offered.

 

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Prerequisites for participation and waiting lists
You must have passed the courses in international macroeconomics and applied microeconomics.
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Readings
1 Author: Todaro/Smith
Title:

Economic Development

Publisher: Prentice Hall
Edition: 12. (ed 11 can be used)
Year: 2015
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Essential reading for all students
Type: Book
2 Author: Autor/in: Robert Feenstra, Alan Taylor
Title:

International Economics

Publisher: Worth Publishers
Edition: 4th edition (ed. 3 can be used)
Year: 2018
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Essential reading for all students
Type: Book
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Availability of lecturer(s)
gabriele.tondl@wu.ac.at
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Unit details
Unit Date Contents
1 25.02.2019

Economic Development in Comparison (Todaro/Smith, ch. 2)
2 04.03.2019

Theories of Economic Development  (Todaro/Smith ch. 3)

!! Attention: no course on March, 11 !!
3 18.03.2019

International Trade and Development (Todaro/ Smith ch. 12)  
4 25.03.2019

Foreign Direct Investment (Todaro/Smith ch. 14, Feenstra/Taylor ch. 5)

distribution of topics for seminar papers
5 01.04.2019

Exchange Rates (Feenstra/Taylor ch. 13)
6 08.04.2019

Exchange Rates (Feenstra/Taylor ch. 14)

OSTERFERIEN
7 29.04.2019

Fixed Exchange Rates (Feenstra/ Taylor, ch. 15)
8 06.05.2019

Currency Crises (Feenstra/Taylor ch. 20)
9 13.05.2019

Balance of Payments (Feenstra/Taylor ch. 16, Todar/Smith ch 13)
10 20.05.2019

Repetition
11 27.05.2019

Test

!!! Attention: no course on June, 3 and 10 !!!
Exposé for seminar paper has to be handed in by June, 3 via email
12 17.06.2019

Presentation Seminar Papers: Models of Economic Development; Trade and Development
13 24.06.2019

Presentation of Seminar Papers: Currency Crises; Hyperinflation 
Last edited: 2019-05-09



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