AØKA08021U International Economics (F)
MSc programme in Economics – elective course
Bacheloruddannelsen i økonomi – Prioriteret valgfag på 3. år
The Danish BSc programme in Economics - prioritized elective at the 3rd year
The course is part of the Financial line in Economics symbolized by "F".
MSc programme in mathematics-economics
The course studies causes and consequences of international trade. We seek to answer questions such as: Why do countries trade? What do they trade? Who gains and who loses from trade? What is the impact of trade policy on welfare? The course also considers aspects of the globalization debate: Is wage inequality affected? What are the implications of multinationals and outsourcing? Within the topic of international monetary economics the course covers theories of optimum currency areas.
The purpose of the course is to give an introduction to traditional and new trade theories and selected topics in international monetary economics.
The purpose of the course is to give an introduction to traditional and new trade theories and selected topics in international monetary economics.
After completing the course, the student should be able to:
Knowledge:
understand and describe why international trade arise
understand and describe trade patterns under perfect and imperfect competition
understand and describe the extent to which there are welfare gains from trade
understand and describe the theory of optimum currency areas
Skills:
analyze and calculate how trade affects behavior of firms and consumers and how trade affects welfare
analyze and calculate how trade policy affects firm behavior and analyze and calculate welfare implications of trade policy
Competences:
understand and describe aspects of the globalization debate such as the impact of globalization on wage inequality, the role of multinational corporations, and labor market consequences of outsourcing
conduct empirical analyses of questions related to the globalization debate
describe and analyze in a clear and correct written language
Required readings
Barba Navaretti, G. and A. Venables (2004), Multinational Firms in the World Economy, Princeton University Press, p. 1-22, 49-64.
Brander, J. and P. Krugman (1983), A 'Reciprocal Dumping' Model of International Trade, Journal of International Economics, 15, p. 313-321.
Brander, J. and B. Spencer (1985), Export Subsidies and International Market Share Rivalry, Journal of International Economics, 18, p. 83-100.
Feenstra, R.C. (2016), Advanced International Trade, Theory and Evidence, 2nd edition, Princeton University Press. Selected parts of chapters 1, 2, 3, 4, 5, 7, 8, and 9.
Krugman, P. (1979), Increasing Returns, Monopolistic Competition, and International Trade, Journal of International Economics, 9, p. 467-476.
Rose, A. (2000), One Money, One Market: The Effect of Common Currencies on Trade, Economic Policy 30, p. 8-45.
Additional readings will appear here.
Supplementary readings
Brainard, S. L. (1997), An empirical assessment of the proximity-concentration trade-off between multinational sales and trade, American Economic Review 87, pp. 520-544.
Dragusanu, R., D. Giovannucci and N. Nunn (2014), The Economics of Fair Trade, Journal of Economic Perspectives 28, p. 217-236.
Friberg, R. and M. Ganslandt (2006), An empirical assessment of the welfare effects of
reciprocal dumping, Journal of International Economics 70, pp. 1-24.
3 hours lectures a week from week 6 to 20 (except holidays).
The overall schema for the BA 3rd year can be seen at https://intranet.ku.dk/polit_ba/undervisning/Lektionsplan-F18/Sider/default.aspx
or the Master at https://intranet.ku.dk/ECONOMICS_MA/COURSES/COURSECATALOGUE-F18/Pages/default.aspx
Timetable and venue:
To see the time and location of lectures please press the link/links under "Se skema" (See schedule) at the right side of this page (E means Autumn, F means Spring).
You can find the similar information partly in English at
https://skema.ku.dk/ku1718/uk/module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F18; [Name of course]”
-Select Report Type: “List – Weekdays”
-Select Period: “Forår/Spring – Week 5-30”
Press: “ View Timetable”
- Category
- Hours
- Exam
- 3
- Lectures
- 42
- Preparation
- 161
- Total
- 206
for enrolled students. More information about registration, schedule, rules etc. can be found at the intranet for Master students (UK) , Master students (DK) and Bachelor students (DK).
Registration and information for students not enrolled please find more information at Study Economics.
Læs om tilmelding, uddannelsen, studieordning mm på Åbent Universitet, Merit og uddannelse i økonomi.
- Credit
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationat the computers of the University. The exam assignment is given in English and must be answered in English.
____ - Exam registration requirements
Students have to write a short term paper to sign up for the exam.
____
- Aid
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
The course can be selected for external assessment.
____ - Exam period
The exam takes place
June 14, 2018
at the exam venues of the university.
The exact time of the exam will be informed in the Self-Service at KUnet.
For enrolled students more information about examination, rules, exam schedule, venue etc. is available at the intranet for master students (UK) , master students (DK) and bachelor students (DK).
- Re-exam
The written reexam takes place
August 17, 2018
If only a few students have registered for the written reexam, the reexam might change to oral including the date, time and place, which will be informed in KUNet or by the Examination Office.
For enrolled students more information about reexamination, rules, re-exam schedule,venue etc. is available at the intranet for master students (UK),master students (DK) and bachelor students (DK).
Criteria for exam assesment
Students are assessed on the extent to which they master the learning outcome for the course.
To receive the top grade, the student must with no or only a few minor weaknesses be able to demonstrate an excellent performance displaying a high level of command of all aspects of the relevant material and can make use of the knowledge, skills and competencies listed in the learning outcomes.
Course information
- Language
- English
- Course code
- AØKA08021U
- Credit
- 7,5 ECTS
- Level
- Full Degree MasterBachelor
- Duration
- 1 semester
- Placement
- Spring
- Schedule
- and venue:
Go to "Remarks"
Exam and re-sits: Go to "Exam" - Continuing and further education
- Price
Information about admission and tuition fee: Master and Exchange Programme, credit students and guest students (Open University)
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course Coordinators
- Morten Graugaard Olsen (3-7d777f5075737f7e3e7b853e747b)
Lecturers
Lectures: See ‘Course responsibles’