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 Banking and Finance (3 years) Program
1 The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way. 4
2 They have knowledge about the finance and banking. 4
3 They have knowledge about the money and banking. 5
4 They have knowledge about the international finance and banking. 5
5 They have ability to use mathematical and statistical methods in banking and finance. 3
6 They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department.
7 They have necessary banking and finance skills that needed in private and public sector. 3
8 They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking. 5
9 They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance. 4
10 They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics. 3
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