International Economics (5 cr)
Code: AL00CJ44-3002
General information
Enrollment
01.07.2022 - 04.09.2022
Timing
20.09.2022 - 14.12.2022
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
0 - 40
Degree programmes
- 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
-
LLABTO22H
-
LLTIEX22S1
-
LLTIEX22K1
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 ( if possible ), assignments / presentations, lecture exam, individual studying, book exam.
The course will begin on mid September with orientation lecture ( more detailed info and schedule will be delivered to the participants via Moodle ).
Timing and attendance
The course will take place on autumn term 2022 - periods I - II. MOre detailed schedule will be confirmed later.
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 )
Presentations
Lecture exam
Individual studying
Book Exam
Student time use and work load
Weekly sessions ( contact / online 2 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.