203-038-IO Applied International Economics

Study program:

Economics (B.Sc.)

Academic level and semester:

Bachelor, 7th semester

ECTS credits/workload per semester:

6 / 150

Contact hours per week/contact hours per semester:

4 / 45

Type/Teaching method:

Lecture
Language of instruction: English

Frequency:

Every semester

Lecturer:

Prof. Dr. Philipp Paulus

Content:

This module is structured into two lectures that will run parallel to each other, with each lecture comprising half of the module (lecture length, workload and exam). The first lecture of the module (“Theory and Policy”) is about the structure and use of major international economic models, both for theory and policy. The second lecture (“European Integration and International Economic Challenges”) will show how to apply the models to current international economics issues with a focus on European issues (e.g. the Euro and the European Central Bank, European integration, European Economic Policy, migration). Students must register for both parts.

 

Textbooks:

Lecture notes will be provided as PDF Recommended Literature:· International economic textbooks· De Grauwe, Paul (2012): Economics of monetary union, 9th edition, Oxford: OxfordUniversity Press.· Gärtner, Manfred, und Lutz, Matthias (2009): Makroökonomik flexibler und festerWechselkurse, 4th edition, Berlin and Heidelberg: Springer.· Krugman, Paul, Maurice Obstfeld und Marc J. Melitz (2018): International Economics –Theory & Policy, London et al.: Pearson, 11th, Global Edition· Markusen, James R., Melvin, James R., Kaempfer, William H. und Maskus, Keith E. (1995):International trade – theory and evidence, international edition, Singapur: McGraw-Hill.· Reinert, Kenneth A. (2022): An introduction to international economics – new perspectiveson the world economy, 2nd edition, Cambridge: Cambridge University Press, 2ndedition.In general (also for the 2nd part on „European Integration and International Economic Challenges“) / data and up-todate analysis sources (regular dates of publication):· IMF Global Economic Outlook (April and October)· OECD Economic Outlook (June and December)· BIS Annual Report (June), Quarterly Reviews (Mar/Jun/Sep/Dec)World Trade Organisation (WTO) and UNCTAD publications

Recommended for: Undergraduates
Prerequisites: Background in Business / Economics (intermediate level)

Restrictions:

None

Assessment:

Written exam