•   Financial Economics and Development FIE4LK104A-3004 24.10.2022-16.12.2022  5   (CONTACT, ...) +-
    Learning objectives
    Students deepen their knowledge in International Economics (finance), and they become familiar with Development Economics.
    Starting level and linkage with other courses
    The student has successfully completed Basic study modules, at least 1. Liiketoimintaosaaja, 4. Tuloksen tekijä, 5. Growing global and FINA Specialization module 1 (Johdatus finanssialalle).
    Contents
    Defining and measuring development
    Population growth and economic development
    Urbanisation and rural migration, the role of cities
    Agricultural transformation, the global food problem
    Economics and the environment, emissions trading
    International trade and development, trade policies and export promotion
    Foreign finance, investment and aid, microfinance initiatives
    Assessment criteria
    Assessment criteria - grade 1
    • can define economic development and use various methods how to measure development
    • can pinpoint the relationship and difference between the concepts of income, growth, happiness and development
    • understands news related to international development economics
    • knows where to look for economic and financial information
    Assessment criteria - grade 3
    • is familiar with basic indicators of development, and knows how countries are categorized and compared
    • is aware of how countries’ historical experiences have affected their development progress
    • is familiar with development planning
    • can analyze government failure and the preference for markets over planning
    • can satisfactorily link international trade to development topics
    • understands the meaning of financial system as well as of macroeconomic policies for development
    Assessment criteria - grade 5
    • can independently analyze potential opportunities in the developing country environment for the firm
    • knows some of the central economic theories on information asymmetry, contracts, and risk bearing
    • is able to explain several central theories of development, and can identify practical situations where these theories apply
    • can independently analyze differences between informal finance (e.g. microfinance) and formal financial systems
    Teaching methods and instruction

    Contact sessions
    Individual and team assignments
    Learning cafés

    Learning material and recommended literature

    Krugman, P., Obstfeld, M. & Melitz, M. 2019. International Economics. Global ed., 11e. Pearson. Selected chapters.
    Todaro, M.P and S.C. Smith. 2015. Economic Development. (12th ed.). Pearson. Selected chapters.
    Material available in Moodle
    Recommended reading

    Working life connections

    Cases, examples, and exercises are business related.

    Campus

    Pasila Campus

    Exam dates and re-exam possibilities

    Exam and re-exam dates are announced in Moodle.

    Teaching language

    English

    Internationality

    The course deals intensively with issues related to economics, international economics, and development economics.

    Timing

    24.10.2022 - 16.12.2022

    Learning assignments

    Course work Assignments Self-study Examination

    Enrollment

    13.06.2022 - 21.10.2022

    Content scheduling

    Teaching during the fall semester 2021.
    Further details in Moodle.

    Groups
    • CONTACT
    • LK5PA
    • EXCH
    Teachers

    Sami Hartikainen

    Seats

    15 - 40

    Further information

    Course work report + assignments 50%
    Examination 50%

    Degree Programme

    FINA Finanssi- ja talousasiantuntijan koulutusohjelma

    R&D proportion

    0.00 cr

    Virtual proportion

    0.00 cr

    Evaluation scale

    H-5