SØK630 International Economics

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Course Code
SØK630

Course Name
International Economics

Credits
7.50

Prerequisites

Equivalent to SØK200 Microeconomics

Semester
Spring

Location
Molde

Language Instruction
English

Language Assignments and Evaluation
English

Language Literature
English

Instruction
3 hours of lectures per week.

Mandatory Assignments
A selection of written assignments the student has worked with throughout the semester must be included in a portfolio that will be submitted for assessment at the end of the semester. Further information about the portfolio requirements will be given at the beginning of the course.

Evaluation
A combination of portfolio assessment (30%) and a 4-hour written final examination (70%).

Grades
Letter (A - F)

Learning outcome

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.

Content

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