International Economics ECO020AS3AE-3001 25.03.2024-17.05.2024 5 op(IBE4PAACC, ...)+-
Campus
Pasila Campus
Teaching language
English
Timing
25.03.2024 - 17.05.2024
Groups
IBE4PAACC
CONTACT
IBE4PASCM
IBE4PAMAR
IBE4PACOM
EXCH
Teachers
Jari Kaari
Seats
15 - 45
Degree Programme
INTBBA International Business
R&D proportion
0.00 cr
Virtual proportion
0.00 cr
Evaluation scale
H-5
Current implementations
No ongoing implementations yet.
Past implementations
No past implementations yet.
Learning objectives
Students develop their knowledge of International Economics.
Contents
Classic and modern trade theories
Trade policy
Foreign exchange markets
Exchange rate determination
Exchange rate regimes
Economic integration
Execution methods
Project counseling and contact lessons. Class-based learning, and team project, assignments, and independent work. Examination.
If the student has obtained the relevant knowledge and skills elsewhere, for example at work, s/he can demonstrate the knowledge and skills through the RPL process.
Learning materials
Krugman, P., Obstfeld, M. & Melitz, M. 2019. International Economics. Global ed., 11e. Pearson. Selected chapters.
Hubbard, R.G. & O’Brien, A.P. 2019. Essentials of Economics. 6e. Pearson. Selected chapters. Or similar.
Lecture notes, articles, …
Intro
How does international trade benefit economies and consumers? Why do exchange rates change? What is the impact of these changes? These are important topics in international economics. If you see your future in international trade or finance, this course is essential for your future and professional career.
Starting level and linkage with other courses
The student has successfully completed Principles of Economics (Yritykset, kuluttajat ja yhteiskunta), or equivalent.
Assessment criteria
Assessment criteria - grade 1
• knows some of the basic concepts of international economics
• knows some of the economic mechanisms in the international economic sphere
• in a team, is capable of analyzing some of the effects of the international economy on the firm
• understands news related to international economics
• knows where to look for information
Assessment criteria - grade 3
• knows how economics is related to international economics
• knows core concepts of both international trade and international finance
• can independently analyze effects of international trade and international finance on the firm
• feels comfortable when working in a team
• in a team, can make suggestions for preventive measures
Assessment criteria - grade 5
• has a very good understanding of the potential effects of international trade and international finance on the firm
• has a very good understanding of different models used in international economics
• can independently analyze potential opportunities in the international environment for the firm