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.