Syllabus

Title
1845 Specialization Course - International Economics
Instructors
ao.Univ.Prof. Dr. Gabriele Tondl, Mag.Dr. Rudy Weissenbacher, M.A.
Contact details
gabriele.tondl@wu.ac.at; rweissen@wu.ac.at
Type
PI
Weekly hours
4
Language of instruction
Englisch
Registration
09/11/24 to 09/17/24
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Advanced Economics - International Economics
Specialization Course - International Economics
Course II - Economics Fields
Dates
Day Date Time Room
Tuesday 10/08/24 08:00 AM - 12:00 PM TC.5.02
Tuesday 10/15/24 08:00 AM - 10:00 AM D2.0.038
Tuesday 10/15/24 10:00 AM - 12:00 PM D2.0.030
Tuesday 10/22/24 08:00 AM - 12:00 PM TC.3.05
Tuesday 10/29/24 10:00 AM - 12:00 PM TC.5.04
Tuesday 11/05/24 08:00 AM - 10:00 AM TC.5.12
Tuesday 11/05/24 10:00 AM - 12:00 PM TC.3.01
Tuesday 11/12/24 08:00 AM - 12:00 PM EA.5.044
Tuesday 11/19/24 08:00 AM - 12:00 PM TC.5.03
Tuesday 11/26/24 08:00 AM - 12:00 PM TC.4.16
Tuesday 12/03/24 08:00 AM - 12:00 PM D3.0.225
Tuesday 12/10/24 08:00 AM - 12:00 PM D3.0.225
Tuesday 12/17/24 08:00 AM - 12:00 PM EA.5.044
Tuesday 01/07/25 08:00 AM - 12:00 PM TC.5.14
Tuesday 01/14/25 08:00 AM - 12:00 PM TC.5.02
Tuesday 01/21/25 08:00 AM - 12:00 PM TC.5.14

On this page:

to top
Contents

This course consists of two parts (International Trade Theory and Policy and International Economics and Development):

  1. "International Trade Theory and Policy" will be taught by Gabriele Tondl (Tuesdays, 10-12.00a.m. Exam: 21.01.2025). This part covers the role of international trade. Crucial reasons for trade relations between countries and their implications will be studied with the help of different models (eg. Ricardo Model, Heckscher-Ohlin Model). Furthermore, different trade policies such as tariffs, quotas and trade agreements will be analyzed based on trade theory and applied cases.
  2. International Economics and Development  (Rudy Weissenbacher, Tuesdays 8-10:00 am) This part deals with problems and fields of action of peripheral and semi-peripheral countries. Their situation in an international and macroeconomic context is being shaped by (transnational) commodity chains. This part of the course will engage with theoretical and empirical classification of commodity chains, foreign direct investment, migration, foreign debt, financialization, the role of exchange rates and the consequences of different exchange rate regimes, industrial development and the room to maneuver for national and regional economic policy. 
to top
Learning outcomes


The aim of the course is to strengthen students' analytical skills - on a conceptual and practical level - in order to understand the complex relationships in the field of real and monetary international trade, and economic and development policy, respectively.

to top
Attendance requirements

We accept two missed lectures in each part of the course.

to top
Teaching/learning method(s)

This course offers a mixture of lectures, discussions and presentations with accompanying thematic input.

In the international trade part, students are expected to continuously work on the material in the form of homework assignments (simple research, texts), which may be presented in class, or in the form of multiple choice mini-quizzes, as well as continuous active participation in class. The international trade part can only be graded positively if the final exam is positive.

In the international development part, participants will communicate and present texts and discuss questions and problems that may arise. Reading assignments and discussions serve as a content basis ('common knowledge') for the research on and the writing of a seminar paper. The course instructor accompanies this process with thematic input.

to top
Assessment

The overall grade for the two parts of the course consists of the following partial grades:

"International Trade Theory and Policy" (Gabriele Tondl): 50%

    Final exam on "Foreign Trade and Development": 20%
    4 mini-quizzes (the 3 best of which count), 3 homework assignments: 20%
    Active participation in the units: 10%

The quizzes can only be taken in class, the submission of each asssignment (online) has to meet the deadline, delayed work is not accepted. 

"International Economics and Development" (Rudy Weissenbacher): 50%

    Seminar paper on "International Economics and Development": 20%
    Presentations: 15%
    Participation (active participation in the units and written reflections): 15%

Additional information:

    In order to pass the course, the final exam (Tondl) and seminar paper (Weissenbacher) must be graded positively.

Key for grades: 

1100%-88%
2< 88%-75%
3< 75% - 62%
4< 62% - 50%
5< 50% - 0%
to top
Prerequisites for participation and waiting lists

    Students must be able to read and communicate complex social science texts in English language.

For those who have already registered for this course:

    Your presence in the first unit is necessary to confirm your participation in this course. If you are unable to attend, you need to inform the course instructors in advance in order not to loose your place in the course.
    If you wish to cancel your registration after the registration deadline, please inform the course instructors immediately via e-mail.

For those on the waiting list:

    Vacant places will be allocated to students on the waiting list in the first unit.

 

Recommended pre-requisite:

  • Introduction to Economics (“Grundlagen der VWL” in STEOP)
  • Applied Microeconomics
  • International Macroeconomics
to top
Readings

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.

to top
Recommended previous knowledge and skills
  • Introduction to Economics (“Grundlagen der VWL” in STEOP)
  • Applied Microeconomics
  • International Macroeconomics
to top
Availability of lecturer(s)

Appointments via Mail.


gabriele.tondl@wu.ac.at

rweissen@wu.ac.at

 

to top
Other

It is possible to write a thesis in extension to this course (Gabriele Tondl).

Last edited: 2024-10-05



Back