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Establishment
Language of instruction
English
Teaching content
ECONOMICS
This course occurs in the following program(s)
Bachelor in International Business
- Crédits ECTS: 1.50
Training officer(s)
J.ALAKTIF
Stakeholder(s)
Jamila ALAKTIF
Présentation
Prerequisite
Introduction to International Economics (BIB2, semester 1). This course provides a very useful framework for economic analysis that is of great help to understand Advanced International Economics.
Goal
- understand the benefits generated by international trade as long as the countries' specialization are in line with their comparative advantages (in terms of labor productivity)
- explain the comparative advantages by the differences in factors endowment
- understand the link between the benefits of international trade and the availability of factors of production
- define the impact of international trade on the purchasing power of factors of production in the North and the South
- understand how the interaction between supply and demand in different countries determines the comparative advantages, how it leads them to specialization and mutually attractive exchanges.
- explain the comparative advantages by the differences in factors endowment
- understand the link between the benefits of international trade and the availability of factors of production
- define the impact of international trade on the purchasing power of factors of production in the North and the South
- understand how the interaction between supply and demand in different countries determines the comparative advantages, how it leads them to specialization and mutually attractive exchanges.
Presentation
This course develops the international trade angle. The first two chapters show how differences between countries in terms of labor productivity and factors endowment impact the structure of international trade. The third chapter relies on the first two chapters to expose a standard model of international trade.
LECTURES:
I. International Trade and the Comparative Advantages
II. Factors Endowment and the theory of Hecksher-Ohlin
III. The Standard Theory of International Trade
LECTURES:
I. International Trade and the Comparative Advantages
II. Factors Endowment and the theory of Hecksher-Ohlin
III. The Standard Theory of International Trade
Modalités
Organization
| Type | Amount of time | Comment | |
|---|---|---|---|
| Présentiel | |||
| Cours interactif | 24,00 | ||
| Autoformation | |||
| Lecture du manuel de référence | 4,00 | ||
| Travail personnel | |||
| Group Project | 4,00 | ||
| Charge de travail personnel indicative | 6,00 | ||
| Overall student workload | 38,00 | ||
Evaluation
| Control type | Duration | Amount | Weighting |
|---|---|---|---|
| Contrôle continu | |||
| Présentation orale | 0,25 | 1 | 20,00 |
| Participation | 0,00 | 1 | 10,00 |
| Examen (final) | |||
| Examen écrit | 2,00 | 1 | 50,00 |
| Autres | |||
| Rapport écrit | 0,00 | 1 | 20,00 |
| TOTAL | 100,00 | ||
Ressources
Bibliography
Sloman, John & Wride, Alison : Economics, Financial Times / Prentice Hall, 7th Edition (2009) or Pearson, 8th Edition (2012) -
Sloman, John & Wride, Alison : Economics, Financial Times / Prentice Hall, 7th Edition (2009) or Pearson, 8th Edition (2012)
Krugman Paul, Obstfeld Maurice & Melitz Marc : International Economics, Pearson Education, Global / 9th Edition (2011) - -