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

Lecturers:

• Assoc. Prof. Anže Burger
• Prof. Marjan Svetličič

Type:

Required

Language:

English

Semester:

First semester

Study degree

1. level

Course execution:

• Undergraduate Programme of International Relations

Prerequisits:

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.

Assessment

Examination (70%), Tests (20%), 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

Additional literature