INTERNATIONAL ECONOMICS
Course objectives
The course introduces a comprehensive overview of international economics. Includes
theory of trade and trade policy, theory of exchange rate and balance of payments in an
open economy and international macroeconomic policy. The course focuses on
international relations theory, practical aspects of trade policy and balance of payments.
The course is a theoretical extension of the courses Microeconomics B and
Macroeconomics B and supplementing of courses World economy and External
relations policy.
Syllabus
1. Pure Theory of Trade
2. Standard trade theory
3. Alternative and contemporary theories of international trade
4. International Economics and returns to scale
5. International trade policy
6. International trade agreements
7. Balance of payments and exchange rate
8. Money, interest rates and exchange rate
9. Prices and the exchange rate in the short and long term
10. International macroeconomic policy
11. International macroeconomic stability
12. Trade policy in developing countries
13. Developing countries and the issue of debt
Literature
required literature
• KRUGMAN, P. R., OBSFELD, M. International Economics: Theory and
Policy. Boston: Pearson Addison-Wesley, 2009. ISBN 978-0-321-55398-0.
info
recommended literature
• DUNN, R. M., MUTTI, J. H. International Economics. New York: Routledge,
2008. ISBN 978-0-415-31154-0. info
Teaching methods
Skills demonstration
Assessment methods
Grade
Written exam
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Teacher's information
The condition exam is processing of independent work on a given topic in the range of
about 10 pages. The course ends with a written exam.
Other study load: the study of scientific literature search and study of the actual
literature on the subject.