COURSE INFORMATION
Course Title: INTERNATIONAL ECONOMICS II
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
ECO 322 B 6 3 0 0 3 6
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Eglantina Hysa
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: 312, 9:30
Course Description: International Economics II: International trade and finance theories and practice; foreign exchange rates, fiscal instruments and markets; alternative international currency systems and reformation proposals; the economics of currency, and financial instruments in futures markets.
Course Objectives: Comprehending of the causes and consequences of international trade for business acting at an international level, specific concepts such as fair trade, sustainable trade, distributional consequences of trade (inequality, structural adjustments etc.).
COURSE OUTLINE
Week Topics
1 Money, Interest Rates and Exchange Rates (Chap. 14)
2 Money, Interest Rates and Exchange Rates (Continue) (Chap. 14)
3 The International Monetary System, 1870-1973 (Chap. 18)
4 The International Monetary System, 1870-1973 (Continue) (Chap. 18)
5 Macroeconomic Policy and Coordination under Floating Exchange Rates (Chap. 19)
6 Macroeconomic Policy and Coordination under Floating Exchange Rates (Continue) (Chap. 19)
7 Optimum Currency Areas and the European Experience (Chap. 20)
8 Mid-Term Exam
9 Optimum Currency Areas and the European Experience (Continue) (Chap. 20)
10 The Global Capital Market: Performance and Policy Problems (Chap. 21)
11 Developing Countries: Growth, Crisis and Reform (Chap. 22)
12 Project Presentation
13 Project Presentation
14 Overview of the term
Prerequisite(s):
Textbook: International Economics: Theory and Policy, Paul R. Krugman, Maurice Obstfeld, Pearson Addison Wesley, 8 th Ed. 2009 http://wps.aw.com/aw_krgmnobstf_interecon_7/31/8118/2078401.cw/index.html
Other References: International Economics, Dominick Salvator, Wiley, 9 th Ed., 2007 International Economics, Dennis R Appleyard, Alfred J Field, Steven Cobb, Mc Graw-Hill Ins., 6 th Ed., 2008
Laboratory Work:
Computer Usage:
Others: No
COURSE LEARNING OUTCOMES
1 Application of foreign economic models and theories in order to better understand the causes and consequences of international trade for business acting at a international level.
2 Knowledge of distributional consequences of trade (inequality, structural adjustments etc.).
3 Knowledge of the implications of globalization on specific sectoral policies such as agricultural policy, energy policy.
4 Knowledge of specific concepts such as fair trade, sustainable trade.
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Bachelor in International Marketing and Logistics Management (3 years) Program
1 Identify activities, tasks, and skills in management, marketing, accounting, finance, and economics. 4
2 Apply key theories to practical problems within the global business context. 4
3 Demonstrate ethical, social, and legal responsibilities in organizations.
4 Develop an open minded-attitude through continuous learning and team-work. 4
5 Use technology to enable business growth and sustainability.
6 Synthesize creativity needed for marketing notion with scientific method and numerical skills, for achieving business sustainability.
7 Apply the concepts and structures of modern marketing in global context at private and public sectors.
8 Integrate the management of logistics, supply chain and in total operations with corporate goals and strategies.
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
30
Project
1
30
Final Exam
1
40
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 1 16
Mid-terms 1 10 10
Assignments 1 56 56
Final examination 1 20 20
Other 0
Total Work Load:
150
Total Work Load/25(h):
6
ECTS Credit of the Course:
6