International Economics (BØK455)

This course provides an introduction to basic theories of foreign trade and international investments, as well as basic theories of trade policy.

NB! This is an elective course and may be cancelled if fewer than 10 students are enrolled by August 20th for the autumn semester.


Course description for study year 2024-2025

Facts

Course code

BØK455

Version

1

Credits (ECTS)

10

Semester tution start

Autumn

Number of semesters

1

Exam semester

Autumn

Language of instruction

English

Offered by
Time table

View course schedule

Content

This course provides an introduction to basic theories of foreign trade and international investments, as well as basic theories of trade policy.

The first part of the course focuses on the motivations for international trade and the consequences of international trade for national economies. The second part of the course focuses on the effects of politically-determined instruments of trade, such as tariffs, import quotas and export subsidies. The final part of the course focuses on international trade agreements, especially on the trade liberalisation that has occurred within the framework of multilateral agreements such as GATT/WTO.

This course is especially suited to students with an interest in working in international organisations, public administration with international ties, or as analysts within international corporations.

Learning outcome

Upon completion of this course, the student is expected to be able to:

  • use basic theories of trade and international investments to analyse issues concerning international economics.
  • give an account of basic concepts and theories of international economics.
  • use data of international transactions to perform simple theory-based analyses of empirical relations.

Required prerequisite knowledge

None

Exam

Form of assessment Weight Duration Marks Aid
Written exam 1/1 4 Hours Letter grades None permitted

Coursework requirements

Assignments
The student has to pass at least three out of five assignments prior to the exam.

Course teacher(s)

Course coordinator:

Anders Åkerman

Study Program Director:

Tarjei Mandt Larsen

Method of work

Lectures and seminars

Open for

Business Administration - Bachelor's Degree Programme
Exchange programmes at UIS Business School

Course assessment

There must be an early dialogue between the course supervisor, the student union representative and the students. The purpose is feedback from the students for changes and adjustments in the course for the current semester.In addition, a digital subject evaluation must be carried out at least every three years. Its purpose is to gather the students experiences with the course.

Literature

The syllabus can be found in Leganto