•   International Economics ECO1LF101-3030 16.01.2023-19.05.2023  5   (LF3PA, ...) +-
    Learning objectives
    Students develop their knowledge of International Economics.
    Starting level and linkage with other courses
    No prerequisites.
    Contents
    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
    Assessment criteria
    Assessment criteria - grade 1
    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.
    Assessment criteria - grade 3
    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.
    Assessment criteria - grade 5
    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.
    Further information
    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.
    Teaching methods and instruction

    Contact sessions
    Individual and team assignments
    Learning cafés and discussion

    Learning material and recommended literature

    Recommended readings

    International Economics:
    Krugman, P., Obstfeld, M. & Melitz, M. 2019. International Economics. Global ed., 11e. Pearson. Selected chapters.
    or,
    Husted, S. & Melvin, M. 2013. International Economics. Int’l ed., 9e. Pearson. Selected chapters. Available also as an eBook.

    Hubbard, R.G. & O’Brien, A.P. 2019. Essentials of Economics. 6e, or older. Pearson Education International. New York. Selected chapters. Or similar.

    Material available in Moodle

    Working life connections

    Cases, examples and exercises are business and institutions related

    Campus

    Pasila Campus

    Exam dates and re-exam possibilities

    There will be

    Quiz 1: Date is given later
    Quiz 2: Date is given later
    Exam 3: Date is given later
    Re-exam: Date is given later

    Teaching language

    English

    Internationality

    The course deals intensively with international economics, international trade and international business activities, financing and international monetary systems.
    Multicultural learning material
    International participants
    Multicultural lecturers

    Timing

    16.01.2023 - 19.05.2023

    Learning assignments

    This course will have several tasks in micro and macro economics They will prepare presentation of some topics in groups In addition, students are expected to do Self-study Examination

    Enrollment

    02.01.2023 - 13.01.2023

    Content scheduling

    During the period of: 16.01-17.05.2023

    Classroom 2008

    Every THU 08:30 -10:45

    No classes on 24.02.2023 & 23.03.2023

    Groups
    • LF3PA
    • CONTACT
    • EXCH
    Alternative learning methods

    Alternative learning methods may be discussed with the responsible teachers

    Teachers

    Evariste Habiyakare, David Duncombe

    Seats

    15 - 35

    Further information

    Following will be assessed:
    - Participation and activities 10%
    - Two Different quizzes 30%
    - One topic presentation in teams 30%
    - One Final Exam 30%

    Degree Programme

    GLOBBA Degree Programme in International Business

    R&D proportion

    0.00 cr

    Virtual proportion

    0.00 cr

    Evaluation scale

    H-5