320.322 (19W) Economic education II (GWM.002)
Overview
- Lecturer
- LV Nummer Südostverbund GWM02001UL
- Course title german Ökonomische Bildung II (GWM.002)
- Type Lecture - Practical class (continuous assessment course )
- Hours per Week 2.0
- ECTS credits 3.0
- Registrations 12 (25 max.)
- Organisational unit
- Language of instruction English
- Course begins on 07.10.2019
- eLearning Go to Moodle course
Time and place
Course Information
Intended learning outcomes
The acquired knowledge allows students to analyze the causal links between the main macroeconomic, monetary and financial variables, better understand the economic systems and the potential impact on contemporary societies. Students will be able to follow the national and international economic policy debate on topics such as: growth, unemployment, inflation, public debt and economic-political integrations. The course will stimulate students’ ability to analyze and critically evaluate economic systems and stimulate students to conceive other economic phenomena and production-consumption models, both at individual and aggregate levels.
Teaching methodology including the use of eLearning tools
Teaching classes with frontal lessons, lectures and workshops. Presentation of case studies and students assessments.
Course content
The course will focus on macroeconomics and the fundamental concepts are studied, with reference to an open industrial economy. Some analytical tools are proposed to understand trends and policies of international trade, capital flows and workers between countries, the trans-national organization of companies, global monetary and financial balances. The last part of the course will shed light on Sustainable Development theories and how they inspire economics, enhancing standard measurements from quantitative to qualitative approaches of international growth.
The following topics will be discussed:
Concepts, history and measures of economic development.
The functioning of the goods and factors markets.
Monetary systems and financial markets.
The balance of payments.
Concepts, principles and dimensions of the international economy.
Theories and realities of international trade.
The international mobility of labor and capital.
Multinational companies and global value chains.
Exchange rates, currency areas, monetary policies.
Beyond GDP:Quantity and quality of growth.
The triplebottom line and sustainable businesses.
SDGs development goals and Agenda 2030.
Fair Trade, Microfinance, Ethical banking andinvestment.
Circular economy, Green economy, Blue economy: differences and similarities.
The makers movement and the new industrial revolution.
Literature
K. A. Reinert, AnIntroduction to International Economics. New Perspective on the World Economy,Cambridge University Press, 2012
Andrew B. Abel, Ben S.Bernanke, Dean Croushore, «Macroeconomics», Global Edition, 8/E, Pearson Higher Education.
Examination information
Examination methodology
Class attendance and participation (20%)
Written final examination (40%)
Students presentation of case studies - assessment (40%)
Grading scheme
Grade / Grade grading schemePosition in the curriculum
- Master-Lehramtsstudium Master Unterrichtsfach Geographie und Wirtschaftskunde
(SKZ: 510, Version: 19W.2)
-
Subject: Ökonomische Bildung
(Compulsory subject)
-
GWM.002 Ökonomische Bildung II (
2.0h VO, VU / 3.0 ECTS)
- 320.322 Economic education II (GWM.002) (2.0h VU / 3.0 ECTS) Absolvierung im 3. Semester empfohlen
-
GWM.002 Ökonomische Bildung II (
2.0h VO, VU / 3.0 ECTS)
-
Subject: Ökonomische Bildung
(Compulsory subject)
Equivalent courses for counting the examination attempts
-
Wintersemester 2023/24
- 320.322 VU Ökonomische Bildung II (GWM.002) (2.0h / 3.0ECTS)
-
Wintersemester 2022/23
- 320.322 VU Ökonomische Bildung II (GWM.002) (2.0h / 3.0ECTS)
-
Wintersemester 2021/22
- 320.322 VU Ökonomische Bildung II (GWM.002) (2.0h / 3.0ECTS)
-
Wintersemester 2020/21
- 320.322 VU Ökonomische Bildung II (GWM.002) (2.0h / 3.0ECTS)