Menu

International Economics

Code Cours
2021-FGES-ECON-EN-2001
  1. Accueil
  2. Cours
  3. International Economics
Langue d'enseignement
FR, EN
Ce cours apparaît dans les formation(s) suivante(s)
Licence Droit Economie Gestion - Parcours Comptabilité, Finance, Audit - Crédits ECTS: 0.00
Responsable(s)
Suzanne Fontaine, Veronique FLAMBARD-VIGEANT, Sarah Tung

Présentation

Prérequis

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). (Nevertheless, this concepts will be reviewed in class)

Objectifs

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.

Présentation

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

Modalités d'enseignement
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).
Évaluation

Ressources

Bibliographie

Paul Krugman, Maurice Obstfeld and Marc J. Melitz, <em>Economie Internationale</em>, Theory and Policy, Pearson, De Boeck Université (it is available at the library).|| Dominick Salvatore, <em>International Economics</em>, Wiley, (the 9th edition is at the library).|| Thomas Pugel, <em>International Economics</em>, McGraw Hill Irwin (it is in French at the library). 17th edition and previous editions can be also used|| Robert J. Carbaugh, <em>International Economics</em>, Thomson South-Western, (the 10th edition is at the library).|| You can also use a textbook in French if you have too much difficulties studying in English such as :|| Bernard Guillochon, Annie Kawecki, Frédéric Peltrault and Baptiste Venet, Economie Internationale, Dunod, 8th edition

Ressources Internet