AØKA08021U International Economics (F)
Prioritized elective at the 3.year of BSc in economics
Elective at MSc in economics
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 globalisation 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 aim is that the students, after participating in the course International Economics, will be able to:
- 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
- analyse and calculate how trade affects behaviour of firms and consumers and how trade affects welfare
- analyse and calculate how trade policy affects firm behaviour and analyse and calculate welfare implications of trade policy
- understand and describe aspects of the globalisation debate such as the impact of globalisation on wage inequality, the role of multinational corporations, and labour market consequences of outsourcing
- understand and describe the theory of optimum currency areas
- describe and analyse in a clear and correct written language
Students who achieve all these goals will be given the top grade.
Syllabus:
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, 16, p. 83-100.
Feenstra, R. and G. Hanson (2003), Global Production Sharing and
Rising Inequality: A Survey of Trade and Wages, in E. K. Choi and
J. Harrigan (eds.), Handbook of International Trade, Blackwell
Publishing, p. 146-167.
Krugman, P. (1979), Increasing Returns, Monopolistic Competition,
and International Trade, Journal of International Economics, 9, p.
467-476.
Krugman, P., M. Obstfeld and M. Melitz (2012), International
Economics, Theory and Policy, 9th edition, Addison-Wesley. Chapter
1-12, 20. Appendices to chapters are also required readings.
Rose, A. (2000), One Money, One Market: The Effect of Common
Currencies on Trade, Economic Policy 30, p. 8-45.
Lecture notes uploaded at the course home page are also required
readings.
Time and room:
For time and classroom please press the link under "Se skema"(See schedule) at the right side of this page (15E means Autumn 2015, 16F means Spring 2016).
You can find the similar information partly in English at
https://skema.ku.dk/ku1516/uk/module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F16;International Economics ”
-Select Period: “Forår/Spring – Weeks 4-29”
-Press: “ View Timetable”
- Category
- Hours
- Exam
- 3
- Lectures
- 42
- Preparation
- 161
- Total
- 206
for enrolled students. More information about registration, schedule, rules, courses etc. can be found at the student intranet (KUnet) for courses (MA-English) and student intranet (KUnet) for courses (KA-Danish) or student intranet (KUnet) for courses (BA- Danish).
Registration and information for prospective foreign speaking students please find more information at Study Economics.
For dansktalende enkelfagsstuderende se Åbent Universitet og Merit.
- Credit
- 7,5 ECTS
- Type of assessment
- Written examination, 3 hours under invigilationA 3 hours written examination without any aids.
- 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
- External censorship
100 % censurship
- Exam period
The exam takes place June 20, 2016 at Peter Bangs Vej 36. 2000 Frederiksberg http://pc-eksamen.ku.dk/pc_exam
The exact time of the exam will be informed in the Self-Service at KUnet mid-April.
For enrolled students more information about examination, exam/re-sit, rules etc. is available at the student intranet for Examination (English),student intranet for Examination (KA-Danish) and student intranet for Examination (BA-Danish).
- Re-exam
The re-exam takes place August 16, 2016 at Peter Bangs Vej 36. 2000 Frederiksberg http://pc-eksamen.ku.dk/pc_exam
The exact time of the exam will be informed in the Self-Service at KUnet mid-July.
If only a few students have registered for the re-exam, the exam might change to an oral exam including the date for the exam, which will be informed by the Examination Office
Criteria for exam assesment
The student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.
Course information
- Language
- English
- Course code
- AØKA08021U
- Credit
- 7,5 ECTS
- Level
- Full Degree MasterBachelor
- Duration
- 1 semester
- Placement
- Spring
- Schedule
- Spring semester is week 6-35
Period of
-teaching: Week 6-21
-exam: Week 21-26
-re-sit: Week 31-36 - Course capacity
- No limits
- Continuing and further education
- Price
320 DKK per ECTS
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course responsibles
- Jakob Roland Munch (18-59707a7e713d617e7b707d733d5c847d72774f74727e7d3d7a843d737a)