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International Trade, Economic Integration and Development

Course code
Course type
BSc Course
Weekly Hours
HS 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, 29.10.2020 08:00 - 11:15
Thursday, 05.11.2020 11:30 - 15:15
Thursday, 12.11.2020 11:30 - 15:15
Thursday, 19.11.2020 08:00 - 11:15
Friday, 27.11.2020 11:30 - 15:15
Thursday, 03.12.2020 08:00 - 11:15
- Getting familiar with the basic trade models and learning about 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.

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

- Understanding exchange rate dynamics-

- Getting familiar with the economics of the European Monetary Union.

Carbaugh, Robert J., International Economics, 17th edition, Boston 2018. Krugman, P., Melitz, M. and Obstfeld, M., International Economics: Theory and Policy, 11th edition, Pearson Series in Economics, 2018.
Lecture and Class Discussion
Macroeconomics I + II Microeconomics I + II Kenntnisse der makroökonomischen und mikroökonomischen Theorie
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