2023/2024

International Economics

Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'

Category 'Best Course for New Knowledge and Skills'

Type: Mago-Lego

Delivered by: Department of Theoretical Economics

When: 1 module

Open to: students of all HSE University campuses

Instructors: Kemal Kivanc Akoz

Language: English

ECTS credits: 3

Contact hours: 24

Course Syllabus

Abstract

The course provides an analysis of the economic relationships between countries, covering both trade and monetary issues. The main theories, in international trade and in open economy macroeconomics, are introduced in an intuitive way to pinpoint discuss the current developments in the field of international economics.

Learning Objectives

• The main factors and drivers of international trade and the impact of international trade on wealth and income distribution
• International Macroeconomics: balance of payments accounts, exchange rates, macroeconomic equilibrium concept for open economies, currency and financial crises

Expected Learning Outcomes

• Be able to spell out the consequences of trade policy: tariffs or quotas
• Understand exchange rates, their definitions, and main determinants.
• Understand the distributional consequences of international trade in goods.
• Understand the ingredients of balance of payments crises.
• Understand the national accounts and balance of payments
• Understand the patterns of trade and their determinants

Course Contents

• International Trade
• International Macroeconomics

Assessment Elements

• Final Exam
  Final Exam
• Presentation
  Presentation
• Quiz- Homework
  2-3 pop up quizzes during lectures or short homework tasks

Interim Assessment

• 2023/2024 1st module
  0.4 * Final Exam + 0.3 * Presentation + 0.3 * Quiz- Homework

Bibliography

Recommended Core Bibliography

• International economics : theory and policy, Krugman, P. R., 2015
• N. Gregory Mankiw. (2020). PDF Macroeconomics 10th Edition by N. Gregory Mankiw Download. https://doi.org/10.5281/zenodo.3752461

Recommended Additional Bibliography

• International economics, Feenstra, R. C., 2012
• Mankiw, N. G. (DE-588)120973626, (DE-576)164048383. (2000). Macroeconomics / N. Gregory Mankiw. New York, NY: Worth. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.07890529X

Authors

• Akoz Kemal Kivanch