Online Course Guide of WHU –

Find all modules and courses of our degree programs.

Please use the filters below to select the term (spring or fall) as well as the respective program (BSc, MSc, MBA, Exchange, Doctoral) of your choice for an overview of all modules offered at WHU. The courses are listed under the modules. Please click on a module to see which courses are part of it. If you would like to find out more about a certain course, click on the name of the course to see detail information. The location of the lecture will be reveiled after your course registration on myWHUstudies.

Spring term counts from January - August, fall term counts from September - December.

Important for Exchange Students: As the Full-Time and Part-Time MBA Programs utilize a modular course structure, the dates on which students begin and end the exchange are flexible. Please find here a chronological overview of the preliminary course offering for Spring and Fall.

Spring 2019  ›  Bachelor of Science  ›  Bachelor of Science - 4th Semester  ›  International Economics

International Trade, Economic Integration and Development

Course Code:
Prof. Dr. Ralf Fendel
Course Type:
BSc Course
Week Hours:
Spring 2019
(Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.)
1. Trade Theory

2. Trade Policy

3. Regional Economic Integration

4. Development Theory

Thursday, 07/03/2019
08:00 AM till 11:15 AM
Wednesday, 13/03/2019
03:30 PM till 06:45 PM
Thursday, 14/03/2019
08:00 AM till 11:15 AM
Wednesday, 20/03/2019
08:00 AM till 11:15 AM
Wednesday, 03/04/2019
08:00 AM till 11:15 AM
Tuesday, 09/04/2019
03:30 PM till 06:45 PM
- Getting familiar with the basic trade models andlearningabout the gains from international trade.

- Becoming aware about the theoretical concept of comparative advantages and the role of economies of scale in international trade.

- Understanding the dynamics of the world economy and upcoming challenges.

- Understand how protectionist measures such as tariffs affect the economy and individual businesses.

- The World Trade Organisation (WTO) and the political economy of trade multilateral and bilateral trade arrangements.

- Becoming familiar with the European Economic Integration process and understanding the implications of the Brexit.

- Becoming aware of the special challenges that developing nations face in the world economy.

Carbaugh, Robert J., International Economics, 16th edition, Cengage Learning, Boston, 2017.

Secondary Literature:

Krugman, P., Melitz, M. and Obstfeld, M., International Economics: Theory and Policy, 10th edition, Pearson Series in Economics, 2014.

Macroeconomics I + II Microeconomics I + II Knowledge of intermediate macroeconomics and microeconomics