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MONOGRAPHIC LECTURE: INTERNATIONAL TRADE - course description

General information
Course name MONOGRAPHIC LECTURE: INTERNATIONAL TRADE
Course ID 04.9-WZ-LogD-ML
Faculty Faculty of Economics and Management
Field of study Logistics
Education profile practical
Level of studies Second-cycle studies leading to MS degree
Beginning semester summer term 2022/2023
Course information
Semester 2
ECTS credits to win 2
Available in specialities International Logistics
Course type obligatory
Teaching language polish
Author of syllabus
  • mgr Łukasz Augustowski
Classes forms
The class form Hours per semester (full-time) Hours per week (full-time) Hours per semester (part-time) Hours per week (part-time) Form of assignment
Lecture 15 1 9 0,6 Credit with grade

Aim of the course

The aim of the course is to familiarize the student with the theoretical and practical elements related to the macroeconomics of the open economy. Particular attention will be paid to theories of trade exchange and trade protectionism. In addition, the aim of the course is to present contemporary patterns of international exchange and related economic policy, as well as its effects.

Prerequisites

Basics of economics.

Scope

Lecture: The essence of international trade. Concepts of mercantilists regarding international trade. Economic protectionism. Customs policy. Free trade as part of economic and monetary integration. The theory of the optimal currency area. Classic and modern theories of trade exchange. Trade balance, Institutional stages of economic integration. Trade theories - application in tasks. The benefits of trade. The role of the exchange rate in international trade. Currency positions, methods of converting the exchange rate, appreciation, depreciation, devaluation and revaluation of the exchange rate. Customs, customs policy, customs effects. Other trade barriers. Foreign Direct Investment.

Teaching methods

Conventional lecture.

Learning outcomes and methods of theirs verification

Outcome description Outcome symbols Methods of verification The class form

Assignment conditions

The pass mark is to obtain a positive grade from the content of the issues discussed in the lecture.

Recommended reading

  1. Paul Krugman, International Economics: Theory and Policy, Global Edition.
  2. Kenneth A. Reinert, An Introduction to International Economics: New Perspectives on the World Economy.
  3. Rob Feenstra, Alan Taylor, International Trade.
  4. Jitendralal Borkakoti, International Trade: Causes and Consequences.

Further reading

  1. Tarsem Bhogal, Arun Trivedi, International Trade Finance: A Pragmatic Approach (Finance and Capital Markets Series).

Notes


Modified by dr Paweł Szudra (last modification: 23-05-2022 20:31)