Syllabus

Title
2115 Specialization Course - International Economics
Instructors
Dr. Birgit Elisabeth Meyer, MSc., ao.Univ.Prof. Dr. Gabriele Tondl
Type
PI
Weekly hours
4
Language of instruction
Englisch
Registration
09/13/23 to 09/19/23
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Monday 10/02/23 09:00 AM - 11:00 AM TC.4.17
Tuesday 10/03/23 04:00 PM - 07:00 PM TC.3.12
Monday 10/09/23 09:00 AM - 11:00 AM TC.2.03
Tuesday 10/10/23 04:00 PM - 07:00 PM TC.4.15
Monday 10/16/23 09:00 AM - 11:00 AM TC.4.17
Tuesday 10/17/23 04:00 PM - 07:00 PM TC.3.12
Monday 10/23/23 09:00 AM - 11:00 AM TC.4.17
Tuesday 10/24/23 04:00 PM - 07:00 PM TC.3.12
Monday 11/06/23 09:00 AM - 11:00 AM TC.4.17
Tuesday 11/07/23 04:00 PM - 07:00 PM D2.0.030
Monday 11/13/23 09:00 AM - 11:00 AM TC.4.17
Monday 11/20/23 09:00 AM - 11:00 AM TC.4.17
Tuesday 11/21/23 04:00 PM - 07:00 PM TC.3.12
Monday 11/27/23 09:00 AM - 11:00 AM TC.4.17
Monday 12/04/23 09:00 AM - 11:00 AM TC.4.17
Tuesday 12/05/23 04:00 PM - 07:00 PM TC.3.12
Monday 12/11/23 09:00 AM - 11:00 AM TC.4.17
Tuesday 12/12/23 04:00 PM - 07:00 PM D1.1.074
Monday 12/18/23 09:00 AM - 11:00 AM TC.4.17
Tuesday 12/19/23 04:00 PM - 07:00 PM TC.3.07
Monday 01/08/24 09:00 AM - 11:00 AM TC.4.17
Monday 01/22/24 09:00 AM - 11:00 AM TC.4.17
Tuesday 01/23/24 04:00 PM - 07:00 PM TC.4.17
Contents

This course consists of three parts - two Lectureparts (International Trade and Economic Development and Exchange rates) and a presentation part:

  1. "International Trade" will be taught by B. Meyer (on Tuesdays, Exam: 19.12.2023). 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. "Economic Development and Exchange rates" will be taught by G. Tondl (on Mondays, Exam: 08.01.2024). This part will cover problems which developing countries face in an international context. Furthermore, the role of exchange rates, open goods and financial markets, as well as causes and effects of financial globalization will be studied based on theoretical considerations and empirical evidence.
  3. Presentation Part. (Presentations: 22.01.2024 & 23.01.2024) After the first parts, selected topics will be presented and discussed by students. This part is held by both, B. Meyer and G. Tondl.   
Learning outcomes

Aim of the course is to strengthen the analytical skillset, as well as understanding complex relationships in real and monetary international trade. This is done by using current tools and methods.

Attendance requirements

We accept two missed lectures in each part of the course (Monday and Tuesday, respectively).

Teaching/learning method(s)

The first and second part mainly consist of lectures by the professors. Small quizzes, assignments and in-class contributions ensure that students are kept on track.

Both parts will close with a separate final exam (dates see above).

The last part consists of presentations by the students, with discussions afterwards.

Assessment

The overall grade consists of the following parts: 

  • Final Exam part Meyer - 25%
  • Final Exam part Tondl - 25%
  • active in-class participations, mini-quizzes, homework - 25%
  • presentations in the presentation part (groups of up to three students)  - 25%

- BOTH final exams have to be positive!

- at least 20% have to be reached in the presentation, seminar paper, participation and quizzes!

 

Grading:

  • Excellent (Sehr gut): 87.5 points
  • Good (Gut): 75 points
  • Satisfactory (Befriedigend): 62.5 points
  • Sufficient (Genügend): 50 points
  • Not sufficient (Nicht genügend): below 50 points
Prerequisites for participation and waiting lists

Recommended pre-requisite:

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

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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.

Last edited: 2023-10-02



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