COURSE INFORMATION
Course Title: ADVANCED INTERNATIONAL ECONOMICS
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
ECO 805 C 1 3 0 0 3 10
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: Elective
Classroom and Meeting Time:
Course Description: This course covers topics related to trade and the international organization of production. In particular, this course studies multinationals, offshoring and vertical specialization. An important focus is give to the study of trade models where factors of production are heterogeneous and so need to match to form production teams. Finally, this course studies the economic geography and the relationship between the distribution of economic activity in space and trade flows.
Course Objectives: The main aim of this course is to provide to graduate students a profound knowledge of both theory and empirics, advanced topics in international economics, as well as inter-regional trade and economic geography.
COURSE OUTLINE
Week Topics
1 Introduction, content, scope of the course
2 The Ricardian (or Classical) model
3 The Heckscher-Ohlin-Samuelson model
4 Comparative advantage and gains from trade
5 Trade policy under perfect competition
6 The Brander-Krugman model
7 Strategic trade policy
8 Tariffs versus quotas
9 Dumping and anti-dumping
10 FDI and multinationals
11 Tax completion
12 The Dixt-Stiglitz-Krugman model
13 The Melitz model
14 International immigration and Environmental policy
Prerequisite(s):
Textbook: - Feenstra, R.C. 2003. Advanced International Trade. Princeton University Press - Krugman, P and Obstfeld, M. 2006. International Economics. Theory and Policy - Pokrivčák, J. and Ruppel, F. 2010. International Trade and Policy. SPU Nitra
Other References: Relevant selected journal articles, working paper, as well as background notes are provided.
Laboratory Work:
Computer Usage:
Others: No
COURSE LEARNING OUTCOMES
1 Improving student’s professional skills on international economics.
2 Improving student’s academic skills on open economics.
3 Improving student’s critical thinking in countries' overview and comparison.
4 Explain how international economic theory has been shaped by real world events.
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Doctorate (PhD) in Economics: Economics profile 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 but also to construct a model and defend in meaningful way. 5
2 To comprehend the interaction between economics and related fields; to achieve original results by using expert knowledge in analysis, synthesis and evaluation of new and complex ideas. 5
3 To be able to obtain new knowledge in economics systematically and to acquire high level skills in research methods in economics. 4
4 To be able to develop new methods that make a contribution to science or to be able to apply existing techniques to an original research idea. 4
5 They have ability to use mathematical and statistical methods in international economics. 5
6 They know how to use computer programs in both daily office usage and statistical data evaluations in economics department. 4
7 They have necessary economics skills that needed in private and public sector. 5
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 international level. 5
10 They are aware of the fact that international economics is a social science and they respect the social perspectives and social values of the society’s ethics. 5
COURSE EVALUATION METHOD
Method Quantity Percentage
Presentation
1
50
Term Paper
1
50
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 4 64
Mid-terms 1 13 13
Assignments 0
Final examination 1 35 35
Other 6 15 90
Total Work Load:
250
Total Work Load/25(h):
10
ECTS Credit of the Course:
10