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Introduction to European and International Economics- Dozent/in
- Prof. Mishael Milakovic, Ph.D.
- Angaben
- Vorlesung
2 SWS
Zeit und Ort: Di 12:00 - 14:00, F21/02.55
- Inhalt
- Today’s economies are increasingly linked through trade and financial flows, with important consequences for national employment, consumption, and firm investment that are typically summarized under the colloquial but rather vague term of “globalization.”
Its consequences are severely debated and often take center stage
in national political programs as witnessed, for instance, in the contemporary debate on the macroeconomic implications of the European Monetary Union.
This course aims at providing a comprehensive (albeit introductory) overview of fundamental issues in the theory of international economics and finance, taking into account various contemporary debates on the costs and benefits of globalization.
Topics include (but are not limited to) the following:
Classical theories of international trade (Smith, Ricardo)
Standard theories of trade (Heckscher -Ohlin, gravitation models)
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The political economy of trade
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Basic concepts of balance of payments accounting
and exchange rate determination
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Macroeconomic implications of fixed and floating exchange rate regimes
The objective of the course is to equip students with the necessary tools to evaluate the risks and chances of globalized economic and financial markets, and to enable them to make informed decisions in an intertwined and increasingly complex global marketplace
- Empfohlene Literatur
- P. Krugman, M. Obstfeld, and M. Melitz,International Economics,Pearson, current edition
- Zusätzliche Informationen
- Erwartete Teilnehmerzahl: 100
- Institution: Lehrstuhl für Volkswirtschaftslehre, insbes. Internationale Wirtschaft
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