International Economics (5 cr)
Code: LI00BI92-3006
General information
Enrollment
19.08.2019 - 15.09.2019
Timing
02.09.2019 - 31.12.2019
Number of ECTS credits allocated
5 op
Virtual portion
2 op
RDI portion
2 op
Mode of delivery
60 % Contact teaching, 40 % Distance learning
Campus
Faculty of Business and Hospitality Management
Teaching languages
- English
Seats
0 - 30
Degree programmes
- Complementary competence and optional courses, Bachelors
Teachers
- Jukka-Mikael Rokio
Groups
-
04EXC19KS1
-
04EXC19KS2
-
04Z1HIBU19S
-
04HTO19, Lahti
-
04EXC19KS3
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
Individual studying, book exam, contact sessions, assignments / presentations, lecture exam
Timing and attendance
Periods I and II - autumn 2019
Learning material and recommended literature
Defined in the lectures
Learning environment
Individual studying
Contact sessions
Book Exam
Lecture exam
Student time use and work load
Indivudal studying with defined litterature
Contact sessions
Contents
Free Trade vs. Protectionism
Economic Integration
Foreign Exchange Market and exchange rate systems
EU and EMU
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 reach the criteria concerning evaluation 1.
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.