Welcome to International Economics (GNA3B9) at Dalarna University!

Course Content

The course deals with the causes and effects of international trade within the framework of various foreign trade theories. Different types of trade barriers such as tariffs, import quotas and other protectionist measures and their effects are discussed and analyzed. Basic aspects of conducting economic policy in an open economy are described and analyzed. The course consists of two modules. In the first module, the concepts and theories that form the basis of international trade are introduced. In the second module, models are applied to analyze different types of policies for international trade and how the foreign 
exchange market affects international trade.

Learning Outcomes

On completion of the course, students will be able to:

• explain and discuss the causes and consequences of international trade within the framework of various foreign trade theories
• explain the reasons for and consequences of the introduction of different types of trade barriers such as tariffs or quantitative restrictions in the form of quotas
• give an account of the general debate around various aspects of international trade
• explain the functioning of the currency market and different possibilities for managing currency risk
• explain how exchange rate changes can conceivably affect trade with foreign countries
• explain different international currency systems

Assessment

The learning outcomes are assessed by:
            Test, 1.5 Credits (U-G)
            Written Exam, 6 Credits (U-VG).

Grades

Grades are reported as follows:
         Theory and concepts - 1.5 Credits (U–G)
         International trade models - 6 Credits (U–VG)

The grading scale used for the final course grade is U–VG. To receive VG on the course, VG is required in module 2.

Literature

Husted, S. & Melvin, M. (2012) International Economics (International Edition), 9th edition, ISBN-13: 9780273768289, published by Pearson

Schedule

The course starts in Week 46 and ends in Week 3. 

Exam Dates

Test (Dugga): 26/11

              Place: Borlänge, B401, B302; Time: 8.00 - 10.00 

Re-test (Omdugga): To be announced.

Make-up Test (Omdugga): To be announced.

Written Exam (Tentamen): 12/1

               Place: Borlänge, B403, B301; Time: 8.00 - 13.00 

Retake Exam  (Omtentamen): To be announced.

Make-up Exam (Omtentamen): To be announced.

	Course Syllabus			Contact information
	Reading List			Alemu Chala Course Coordinator alch@du.se