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The mode we propose corresponds to the rotation mode insofar as we provide that the student groups are present alternately in the lecture hall. It specifies the rotation mode in more detail, since we provide for the students who are not in the lecture room that they take part in the course units remotely and synchronously (we are not asking them to learn the material covered in the unit in self-study).
Please create access to Microsoft Teams before the first lesson. Microsoft Teams is used flexibly, either at the lecturer's desk in the lecture room (or - if it is not allowed to enter the lecture rooms - in the home office). The screen of the lecturer's desk is shared between the students in the lecture room and those at home. For the students in the lecture room, the lecturer's PC projects onto the whiteboard; students at home need their own laptop (tablet), with which MS-Teams can share the screen. The sound is transmitted from the lecture room via a microphone to the students in the home office. (It is not intended / necessary to film the lecturer.)
The course takes place synchronously; it is not intended to record the units for asynchronous use.
If you are not subject to travel restrictions, attendance is mandatory (either in the lecture room or remotely via MS-Teams) on specified dates. Please expect that – most likely – you will have to be present in the lecture room every second meeting. Depending on the Corona situation, the meetings with physical attendance will be announced shortly before the course begins. Please note that this mode is very flexible and the presence in the lecture room can vary between 0% - 100%.
Only if you are subject to travel restrictions can you take part in the course in remote mode.
The first part focuses on models of international trade theory, dealing with the causes and consequences of trade and trade policy under perfect and imperfect competition. The second part, involving student presentations, deals with selected topics and contemporary issues (e.g., monetary systems, optimal currency areas, the Euro, financial crises, sovereign default).
Based on the topics discussed in class, groups of two (to three, depending on course size) students analyze one scientific paper in detail and replicate (part) of the results. Students prepare a presentation for 25-30 minutes and a short seminar paper. For each presentation there will be assigned discussants and an open discussion. Students can develop their ideas further to a master thesis.
After this class students should have a sound knowledge of the main theories of international trade and exchange rate determination, understand their empirical implications, and be able to apply them to real world issues and questions of economic policy relevance. The main part of the course focuses on models of international trade theory, dealing with the causes and consequences of trade and trade policy under perfect and imperfect competition.
Further, students familize themselve with current topics in international trade.
Attendance is compulsory. Students can be absent during 2 units, beyond that a confirmation of severe reasons for absence is requested.
Students cannot be deregistered from the course after archieving accomplishments in one of the course's components.
Topic Pitch (10%): Students present their research questions (5-10 minutes)
Presentation (15%): Students prepare a presentation of their seminar paper for 25-30 minutes
Seminar paper (65%): 12-16 pages
Discussion and active participation (10%): For each presentation there will be assigned discussants and an open discussion.
Students can develop their ideas further to a master thesis.
The research seminar is based on the lecture "International Economics". Therefore, the corresponding lecture "International Economics" (PI 1741, or from previous semesters) is required for this research seminar.
During the registration period, students will be placed on a first-come, first-serve basis. Once registration closes, more seats will be made available. Students from the waiting list will then be placed based on their cohort. Students from an older cohort will be placed before students from younger cohorts. If you are registered, but do not intend to take the class, we ask you to deregister during the registration period. There is no guarantee for a seat in this lecture.
Good knowledge of microeconomics, macroeconomics, mathematics; knowledge in econometrics is helpful.