Equivalent to SØK200 Microeconomics
The course discusses different perspectives of international business and economics. Two central goals of this course are (1) to show profit opportunities in trade and (2) to give an introduction to cross border investments and demonstrate the competitive aspects of international trade. The syllabus will be in English, so that this course can be taken by exchange students.
The course covers the following topics: - Key data about global economics - Trade theory - International investment - Various forms of welfare theory related to trade - Protectionism- Aspects of competition