Students develop their knowledge of International Economics.

Macroeconomics
• economic growth, unemployment and inflation
• money
• fiscal and monetary policy

International Economics
• classical and modern trade theories
• trade policy
• exchange rates
• exchange rate mechanisms
• WTO, economic integration

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. See MyNet for further RPL information and instructions.

Hubbard, R.G. & O’Brien, A.P. 2019. Essentials of Economics. 6e. Pearson. Selected chapters. Or similar.
Krugman, P., Obstfeld, M. & Melitz, M. 2019. International Economics. Global ed., 11e. Pearson. Selected chapters.
Lecture notes, articles, …

When the implementation type of the course is contact, online or blended it is required that the student is present during those teaching hours that are marked in the study schedule. If you are absent more than 25%, your grade will be lowered by one. If you are absent more than 50%, the course is failed.

No prerequisites.

Knowledge
You know the key concepts within the course’s scope, but are yet to develop the general view and the big picture of the subject matter.

Skills
You can complete given tasks and assignments with assistance.

You need to develop how to apply knowledge.

Competence
You demonstrate some ability to perform skills and have basic knowledge, but you have difficulty to manage without assistance.

Knowledge:
You know the key concepts well and can explain how the theories and models function and the tools are used. You have a general view of the subject matter.

Skills:
You complete given tasks and assignments independently. You apply knowledge in hands-on business related situations. You can critique your own practice and identify ways to improve.

Competence
You demonstrate sufficient ability to perform skills and have basic to good knowledge. You can perform independently, but you have some challenges in passing on your skills and knowledge to others. You have an interest in professional development.

Knowledge
You have a strong command of the key and related concepts. You can critically evaluate theories, models and tools. You can demonstrate explicit knowledge of the subject matter, and how it relates to other disciplines.

Skills
You apply knowledge in demanding business related situations. You can prioritize and critically select tools and methods for solving complex problems in the subject matter.

Competence
You execute skills with natural proficiency and you have detailed and explicit knowledge. You can perform independently and you are also able and actively willing to help others develop and pass on your skills. You have an attitude of continuous professional development.