International economic relations [ECGEB375]
- 5 credits
- 30h+15h
- 2nd quarter
Language of instruction: French / Français
Learning outcomes
To educate and train students in 1. the theory of the foundations of international trade; 2. the analysis and problems associated with tariff and other trade policies, both theoretical and institutional, and the role of national currencies and exchange rates; 3. the major issues of the day in this field, particularly the links between trade and development, international trade in factors of production, trade conflicts and multilateral trade negotiation, ... To train students in modelling trade flows, decision-making issues and the distribution of trade gains between countries and over time
Objectives
Master the economic approach to international trade. Situate the major developments and issues in this trade throughout history and in recent times.
Content
A general introduction aims to give students an understanding of the reality and importance of international trade in the world economic system through an analysis of recent trade flows and the trend towards its globalisation.
Prerequisites
The teaching units from one of the following lists:
- Faits et décisions économiques [ECGEB170]
- Economie politique [DROIB154]
Teaching methods
The course is given ex-cathedra with dynamic Powerpoint slideshows and references to the accompanying textbook and targeted readings or videos as the main support. Exercises and assignments are inserted into the course ex-cathedra to allow for the deepening and mastery of the problematic.
Evaluations
The examination is oral, closed-book, unprepared and lasts 20 minutes. In the first session, it may be partly replaced by the work and exercises assessed throughout the term. In the second session, only the oral examination formula applies. The examination covers the same type of questions as the exercises, except that there is no provision for consulting and criticizing videos or press articles, but the interpretation of a theoretical graphs or observed data may be requested.
Recommended readings
Krugman, Melitz and Obstfeld: "International Economics" and Powerpoint, documents or web links provided by the teacher.
Language of instruction
French / FrançaisLocation for course
NAMUROrganizer
Faculté des sciences économiques, sociales et de gestionRue de Bruxelles, 61
5000 NAMUR
