International Economics (5 cr)
Code: AL00CJ44-3004
General information
Enrollment
21.11.2022 - 15.01.2023
Timing
17.01.2023 - 16.05.2023
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
Lahti Campus
Teaching languages
- English
Degree programmes
- Studies for incoming exchange students
- Bachelor's Degree Programme in International Business
- Complementary competence and optional courses, Bachelors
Teachers
- Jukka-Mikael Rokio
Scheduling groups
- Luennot 1 (Size: 0. Open UAS: 0.)
Groups
-
LLTIEX23K1
-
LLABTO23H
-
LLTIEX22B
Small groups
- Luennot 1
Learning outcomes
The student is able to
- analyse different aspects of free trade and protectionism
- explain the different tools of protectionism
- recognise the different levels of economic integration
- describe the basic mechanism of foreign exchange market
- explain the problems of developing countries in the world market
Implementation and methods of teaching
Contact sessions, assignments, presentations, lecture exam, individual studying, book exam.
The course will begin on week 3 with orientation lecture ( more detailed info and schedule will be delivered to the participants via Moodle ) and lasts until week 20.
Timing and attendance
The course will take place on spring term 2023 - periods III - V. More detailed schedule will be confirmed on first contact session ( week 3 ).
Learning material and recommended literature
All the material is going to be loaded to moodle ( files folder ) in the beginning of the course.
Learning environment
Contact sessions and online sessions ( 10 - 12 sessions in all )
Assignments
Presentations
Lecture exam
Individual studying
Book Exam
Student time use and work load
Weekly sessions ( contact / online 2 - 3 x 45 minutes ).
Individual studying with defined literature ( downloaded to moodle ).
Contents
Free Trade vs. Protectionism
Economic Integration
Economic Policy
Foreign Exchange Market and exchange rate systems
EU and EMU
International Institutions
Developing countries - different aspects
Additional information for students: previous knowledge etc.
Prerequisite - basic knowledge concerning micro- and macroeconomics.
Assessment criteria
Assignments / presentations, book exam, lecture exam.
Assessment scale
1-5
Failed (0)
The student doesn' t pass the exams or doesn' t follow the deadlines concerning written assignments or doesn' t participate to the group works.
Assessment criteria: level 1 (assessment scale 1–5)
The student is familiar with basic concepts of international trade, foreign exchange market and international economic fluctuations.
Assessment criteria: level 3 (assessment scale 1–5)
The student is familiar with different aspects of free international trade and on the other hand protectionism.
Assessment criteria: level 5 (assessment scale 1–5)
The student is familiar with different international agreements and institutions and understands the benefits and disbenefits of globalization.