607.173 (22S) Topics 1: International Microeconomics

Sommersemester 2022

Registration deadline has expired.

First course session
17.03.2022 10:00 - 11:30 HS 3 On Campus
... no further dates known

Overview

Due to the COVID-19 pandemic, it may be necessary to make changes to courses and examinations at short notice (e.g. cancellation of attendance-based courses and switching to online examinations).

For further information regarding teaching on campus, please visit: https://www.aau.at/en/corona.
Lecturer
Course title german Topics 1: International Microeconomics
Type Lecture - Course (continuous assessment course )
Course model Attendance-based course
Hours per Week 2.0
ECTS credits 4.0
Registrations 39 (50 max.)
Organisational unit
Language of instruction English
Course begins on 17.03.2022
eLearning Go to Moodle course

Time and place

Please note that the currently displayed dates may be subject to change due to COVID-19 measures.
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Course Information

Intended learning outcomes

This course looks at basic determinants of trade in goods and services, and multinational activity with an emphasis on decisions at the firm-level and market structure. We begin by reviewing key features of traditional models of trade under perfect competition and extend these ideas to models of trade beyond perfect competition. Here, topics may include multinational firms and direct foreign investment, offshoring, wage inequality, trade and the environments or alike.

Mostly micro-economic tools will be used to explore the fundamentals of the technically demanding models and understand the economic intuition behind these models. After completing the course, students should have acquainted themselves with some (theoretical) foundations of international trade with an added glimpse of data. (This should enable them to use such concepts to think analytically and from an economic perspective about issues in international trade.)

Prior knowledge expected

Comprehensive knowledge of the current content of StEOP: Introduction to Economics (607.110), VC Microeconomics (607.135/6), VC Macroeconomics (607.110), VO Economic Policy (608.110), VO Introduction to International Trade (607.110) is required for this course.  A good grasp of the materials presented in the Statistics and Mathematics foundational courses is essential.

Literature

•McLaren: International Trade, Wiley, 2012.

•Feenstra: Advanced international trade, Princeton University Press, 2015

•Markusen & Maskus: International trade: Theory and evidence, Copyright J. R. Markusen and K.E. Maskus, 2011.



Examination information

Im Fall von online durchgeführten Prüfungen sind die Standards zu beachten, die die technischen Geräte der Studierenden erfüllen müssen, um an diesen Prüfungen teilnehmen zu können.

Examination methodology

IN ORDER TO ATTEND CLASSES, PLEASE SIGN UP FOR THE COURSE IN MOODLE. Students are expected to attend and actively participate in class and perform sufficiently on all course assignments. Attendance is mandatory, yet, you are allowed to miss two sessions. Course assignments will consist of homework exercises to prepare for practice sessions (as well as shorter quizzes as a wrap-up for sessions) and a final online-multiple-choice-exam. For homework exercises (and the quizzes) a total of 60 credits can be earned, for the final exam a total of 40 credits.  

The final exam will take place at the end of the term.  Taking part in the exam is obligatory. You need to enroll yourself for it in ZEUS. If you do not succeed at the first attempt, you will have a chance to retake the exam at the end of July/beginning of August.

Please note that both the successful completion of practice sessions and passing the final exam are necessary in order to complete this course successfully. If you fail one part, you will have to re-attend the course in another semester. 

Further details will be available in Moodle and announced in class. 

Assessment criteria / Standards of assessment for examinations

Students are expected to attend and actively participate in class and perform sufficiently on all course assignments. Course assignments will consist of homework exercises to prepare for practice sessions and a final online-multiple-choice-exam. For homework exercises a total of 40 credits can be earned, for the final exam a total of 60 credits. 

Please note that both the successful completion of practice sessions and passing the final exam are necessary in order to complete this course successfully. If you fail one part, you will have to re-attend the course in another semester. 

Grading scheme

Grade / Grade grading scheme

Position in the curriculum

  • Bachelor's degree programme International Business and Economics (SKZ: 516, Version: 19W.1)
    • Subject: Topics in International Economics (Compulsory subject)
      • 9.2 Topics in International Economics 1 ( 0.0h VO, VI, VC / 4.0 ECTS)
        • 607.173 Topics 1: International Microeconomics (2.0h VC / 4.0 ECTS)
          Absolvierung im 3., 4., 5., 6. Semester empfohlen

Equivalent courses for counting the examination attempts

There is no equivalent course for the purpose of counting examination attempts.