Syllabus

Title
1643 Elective Course II - International Economics and Development
Instructors
ao.Univ.Prof. Dr. Gabriele Tondl
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
09/07/20 to 09/27/20
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Monday 10/05/20 01:00 PM - 03:00 PM Online-Einheit
Monday 10/12/20 01:00 PM - 03:00 PM Online-Einheit
Monday 10/19/20 01:00 PM - 03:00 PM Online-Einheit
Monday 11/02/20 01:00 PM - 03:00 PM Online-Einheit
Monday 11/09/20 01:00 PM - 03:00 PM Online-Einheit
Monday 11/16/20 01:00 PM - 03:00 PM Online-Einheit
Monday 11/23/20 01:00 PM - 03:00 PM Online-Einheit
Monday 11/30/20 01:00 PM - 03:00 PM Online-Einheit
Monday 12/07/20 01:00 PM - 03:00 PM Online-Einheit
Monday 12/14/20 01:00 PM - 03:00 PM Online-Einheit
Monday 12/21/20 01:00 PM - 03:00 PM Online-Einheit
Monday 01/11/21 01:00 PM - 03:00 PM Online-Einheit
Monday 01/18/21 01:00 PM - 03:00 PM Online-Einheit
Monday 01/25/21 01:00 PM - 03:00 PM Online-Einheit
Procedure for the course when limited activity on campus

Teaching of this course will be online via MS Teams. Please make sure before  the first unit that you have access to MS Teams. Our meetings will start at 12.30

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 international 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.

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.

Attendance requirements

This course will take place as an MS Teams session. You will get an invitation by mail to these sessions. Please make sure that you have MS installed on your PC and can connect properly.

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

Teaching/learning method(s)

The main part of the course  will be covered by presentations of the course leader. Weekly short quizzes during the teaching units will permit to check how familiar students are with the content. Students will prepare a seminar paper for the final units. The final part of the course is reserved for the presentation of seminar papers and their discussion.

Assessment

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

To receive a positive final grade, the test must be passed and the seminar presented and submitted in written form!

Topics for the seminar paper and dates of presentation will be distributed on November 2nd 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.

Readings
1 Author: Todaro/Smith
Title:

Economic Development


Publisher: Prentice Hal
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
Prerequisites for participation and waiting lists

You must have passed the courses in international macroeconomics and applied microeconomics.

Availability of lecturer(s)

gabriele.tondl@wu.ac.at

Unit details
Unit Date Contents
1 Oct 5

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

2 Oct 12

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

3 Oct 19

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

4 Nov 2

Distribution of Seminar Paper Topics

Trade and Development

5 Nov 9

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

6 Nov 16

Exchange Rates (Feenstra/Taylor ch. 13)

7 Nov 23

Exchange Rates (Feenstra/Taylor ch. 14)

8 Nov. 30

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

9 Dec 7

Currency Crises (Feenstra/Taylor ch. 20)

Hand in Exposé Seminar Paper to gabriele.tondl@wu.ac.at

10 Dec. 14

Test

11 Jan. 11

Presentation Seminar Papers

12 Jan 18

Presentation Seminar Papers

Last edited: 2020-10-04



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