Skoči do osrednje vsebine

International Economic Relations

Mednarodni ekonomski odnosi

Course credits:

6.00 ECTS / 60 (30 hours of lectures, 0 hours of exercises, 30 hours of seminars, 0 hours other forms of work)

Course holder:

prof. dr. Andreja Jaklič


  • Assoc. Prof. Anže Burger






First semester

Study degree

1. level

    Course execution:

  • Undergraduate Programme of International Relations


Students are allowed to participate in the course provided that they have completed the enrolment procedure. Principles of Economics are strongly recommended as a prerequisite.

Objectives and competences

AIMS: To give students an understanding of the complexities of international economic relations. COMPETENCES: - understand economic interdependence among nations, motivations and consequences of trade - recognize different patterns of trade and other international economic cooperation - analyzing volume and structure of trade and investment, and other forms of international economic relations - understanding costs and benefits of trade by countries and by different economic subjects within countries - knowing the instruments in international trade policy and understanding their implications.

Content (Syllabus outline)

The course gives knowledge about theory and principles of international economics that are essential for understanding international economic relations. The basis for trade, determinants of international trade and investments through development of of trade theory, recent trends of international economic relations and international trade policy. Course structure: 1. Introduction 2. International trade theory 3. Mobility of capital and multinational enterprises 4. Global value chains 5. International trade policy 6. Trade and development

Intended learning outcomes:

Student: - Knows international trade theory and can chronologically list international trade models - Recognize trade patterns among countries, relate explain reasons for trade among partners and predict potential consequences - Search for and analyse elementary international trade and investment data and organize data into country profile - Describe international trade policy instruments and their implications.

Learning and teaching methods:

Lectures, seminars, practical work, e-learning, consultations, individual or group work with professors.


Examination (60%), Tests (30%), Country trade profile (10%) (a short written document in which students select and interpret key indicators showing the importance and position of selected country in international trade).

Obligatory literature

1. Unit of obligatory literature:

Author: Salvatore, Dominick
Title: International economics »
Edition: 13th ed.
Publishing: Hoboken : Wiley, cop. 2020
ISBN: 978-1-119-55492-9; 978-1-118-95572-7
COBISS.SI-ID: 22210563 - Record/s in the catalog ODKJG »

2. Unit of obligatory literature:

Author: Krugman, Paul R.; Obstfeld, Maurice
Title: International economics : theory and policy »
Edition: 11th ed., global ed.
Publishing: Harlow, England [etc.] : Pearson, cop. 2018
ISBN: 1-292-21487-2; 978-1-292-21487-0
COBISS.SI-ID: 27910147 - Record/s in the catalog ODKJG »
All obligatory literature in catalog ODKJG »

Additional literature

1. Unit of additional literature:

Author: Baldwin, Richard E.
Title: Global supply chains : why they emerged, why they matter, and where they are going »
Publishing: London : Centre for Economic Policy Research, 2012
ISBN: fdv-isbn-020
COBISS.SI-ID: 36222813 - Record/s in the catalog ODKJG »

2. Unit of additional literature:

Author: Baldwin, Richard E.
Title: Multilateralising regionalism : spaghetti bowls as building blocks on the path to global free trade »
Publishing: Cambridge : National Bureau of Economic Research, 2006
ISBN: fdv-isbn-013
COBISS.SI-ID: 32112989 - Record/s in the catalog ODKJG »

3. Unit of additional literature:

Author: Panagariya, Arvind
Title: Miracles and debacles : in defence of trade openness »
Publishing: V: World economy. - 1467-9701. - Vol. 27, iss. 8 (Aug. 2004), str. 1149-1171
ISBN: fdv-isbn-053
COBISS.SI-ID: 63224323 - Record/s in the catalog ODKJG »
All additional literature in catalog ODKJG »

Hot to aquire credits:

For full and part study

  1. Lectures, seminars and individual consultations
    Written exam, oral exam, written/oral exam
    Short seminar paper or short assignments - 2.

Curriculum was last modified on: 04.05.2022