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International Economics

2016-2017

Faculté de Gestion, Economie & Sciences ( FGES )

Code Cours :

1617-FGES-ECON-EN-2001


Niveau Année de formation Période Langue d'enseignement 
S3Anglais
Professeur(s) responsable(s)Veronique Flambard-Vigeant
Intervenant(s)Pas d'autre intervenant

    Ce cours apparaît dans les formations suivantes :
  • Faculté de Gestion, Economie & Sciences - Licences & Prépas - Licence 2 Internationale d'Economie et de Gestion - S3 - 4 ECTS
    - - - 5 ECTS

Pré requis

Concepts of Microeconomics, including consumer theory, producer theory, market equilibrium, monopoly and monopolistic competition as well as concepts of Macroeconomics (including exchange rates and model of short run open economy). (Concepts will be reviewed in class)

Objectifs du cours

This course aims at expanding the students’ knowledge and understanding of: economic tools, international trade theory and policy, exchange rates determination and exchange rates policy, foreign exchange market, balance of payments and international financial investment.
Upon completion of this course, students are expected to understand economic theory and its predictions. In addition to learning content, students shall also develop an ability to use these theories.

Contenu du cours

Introduction:

The Theory of International Trade:
The Basic Theory Using Demand and Supply
Comparative Advantage and Factor Proportions
Who Gains and Who Loses from Trade?
Alternative Theories of Trade (time permitting)

Trade Policy:
Analysis of a Tariff
Non-Tariff Barriers to Imports
Arguments For and Against Protection
Pushing Exports (time permitting)

Understanding Foreign Exchange:
Payments among Nations
The Foreign Exchange Market
Forward Exchange and Financial Investment
What Determines Exchange Rates?
Government Policies & Foreign Exchange Market
Lending and Financial Crises (time permitting)


Modalités d'enseignement

Organisation du cours

Course material is introduced in class. Some newspaper articles are sometimes used as background material. Some case studies are occasionally presented. Applications are kept for the lab (TD).

Méthodes pédagogiques


    Évaluation


    Bibliographie

    • Paul Krugman and Maurice Obstfeld, Economie Internationale, De Boeck Université (it is available at the library).,
      Dominick Salvatore, International Economics, Wiley, (the 9th edition is at the library).,
      Thomas Pugel, International Economics, McGraw Hill Irwin (it is in French at the library).,
      Robert J. Carbaugh, International Economics, Thomson South-Western, (the 10th edition is at the library).,


    Ressources internet



     
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