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Module code: BAIBA-610 |
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4V (4 hours per week) |
6 |
Semester: 6 |
Mandatory course: yes |
Language of instruction:
English |
Assessment:
Written exam
[updated 10.12.2020]
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BAIBA-610 (P420-0171) International Business, Bachelor, ASPO 01.10.2008
, semester 6, mandatory course
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60 class hours (= 45 clock hours) over a 15-week period. The total student study time is 180 hours (equivalent to 6 ECTS credits). There are therefore 135 hours available for class preparation and follow-up work and exam preparation.
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Recommended prerequisites (modules):
BAIBA-480 BAIBA-510 Economic Policy
[updated 29.11.2019]
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Recommended as prerequisite for:
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Module coordinator:
Prof. Dr. Leonhard Firlus |
Lecturer: Prof. Dr. Leonhard Firlus
[updated 20.03.2010]
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Learning outcomes:
After successfully completing this module, students will be able to illustrate the causes and effects of trade in a global environment and apply them to current examples. - They will be able to illustrate the structure of a balance of payments and carry out transactions independently. - Students will be able to explain how exchange rates are determined and their importance for international competitiveness. - They will be able to show the possibilities and limits of an expansive demand policy at fixed and floating exchange rates. - Students will be capable of naming the central institutions of the European Union and their tasks.
[updated 10.12.2020]
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Module content:
- Development of international trade - Principles of international trade theory and policy - Balance of payments - Foreign exchange markets and exchange rates - Macroeconomic demand in an open economy with fixed and floating exchange rates - Principles of the European Union
[updated 10.12.2020]
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Teaching methods/Media:
This module consists of a lecture and group work. Students are expected to prepare and present small group projects on selected foreign trade topics.
[updated 10.12.2020]
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Recommended or required reading:
- Krugman, Paul / Obstfeld, Maurice: International Economics. Addison-Wesley, Reading Mass., latest edition. - Maennig, Wolfgang / Wilfing, Bernd: Außenwirtschaft, Vahlen Verlag, München, latest edition. - Rose, Klaus und Karlhans Sauernheimer: Theorie der Außenwirtschaft, Vahlen Verlag, München, latest edition. - Salvatore, Dominick: International Economics. John Wiley & Sons Inc., New York, latest edition.
[updated 10.12.2020]
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