5312 International Economics

Prerequisites

5310 Micro and Market Economics and 5311 Macroeconomic Theory and Policy

Course Objectives

Students will acquire an understanding of foreign trade, foreign exchange markets and trade policies.

Course Description

The course will acquaint students with the following topics: the extent and foundation of foreign trade and the internationalisation of markets, profits and distribution effects in relation to foreign trade and internationalisation, international competitive ability and changes in the structure of trade and business; the effect of foreign exchange, trade and business policies; the prediction of foreign exchange rate development and safeguarding against uncertain and fluctuating exchange rates.

Assessment Methods

Written examination, 4 hours.

Pensum