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International Trade, Economic Integration and Development

Course code
Course type
BSc Course
Weekly Hours
FS 2020
Prof. Dr. Ralf Fendel
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

Date Time
Thursday, 05.03.2020 08:00 - 11:15
Friday, 20.03.2020 08:00 - 11:15
Monday, 23.03.2020 15:30 - 18:45
Wednesday, 25.03.2020 08:00 - 11:15
Monday, 30.03.2020 15:30 - 18:45
Monday, 06.04.2020 11:30 - 15:15
Monday, 27.04.2020 14:00 - 16:30
- 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.
Kenntnisse der makroökonomischen und mikroökonomischen Theorie
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