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International Economics (5 cr)

Code: LI00BI92-3012

General information


Enrollment

01.07.2021 - 05.09.2021

Timing

15.09.2021 - 15.12.2021

Number of ECTS credits allocated

5 op

Virtual portion

3 op

RDI portion

2 op

Mode of delivery

40 % Contact teaching, 60 % Distance learning

Unit

Faculty of Business and Hospitality Management (LAB)

Campus

Lahti Campus

Teaching languages

  • English

Seats

1 - 30

Degree programmes

  • Complementary competence and optional courses, Bachelors

Teachers

  • Jukka-Mikael Rokio

Scheduling groups

  • Luennot 1 (Size: 0. Open UAS: 0.)

Groups

  • LLABTO21H
  • LLTIEX21S1
  • LLTIEX21S2

Small groups

  • Luennot 1

Learning outcomes

The student is able to
- 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

Online sessions OR contact sessions ( if possible ), assignments / presentations, lecture exam, individual studying, book exam

The course will begin on week 37 ( more detailed info delivered to the participants via Moodle bulletin board )

Timing and attendance

Periods I - II; autumn 2021

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 OR online sessions ( 10 - 12 sessions )
Presentations
Lecture exam
Individual studying
Book Exam

Student time use and work load

Indivudal studying with defined litterature ( downloaded to moodle )
Online sessions

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

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.