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Masters

International Economics

University of Copenhagen
Copenhagen , Denmark
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Tuition Fee
Not Available
Start Date
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Medium of studying
Not Available
Duration
1 semesters
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Program Details
Degree
Masters
Major
Finance | International Business | International Trade
Area of study
Business and Administration
Course Language
English
About Program

Program Overview

Program Overview

The University of Copenhagen offers a course in International Economics, which is an elective course for the MSc programme in Economics and a prioritized elective for the Bachelor's programme in Economics.


Course Description

This course introduces students to the main theories and empirical methods in the field of international economics, with a focus on international trade and selected topics in international monetary economics. The course covers the workhorse models of international trade, including the Ricardian model, the Heckscher-Ohlin model, and the Krugman model, and discusses traditional and modern theories of trade policy.


Learning Outcomes

After completing the course, students are expected to be able to:


  • Account for why international trade arises
  • Define and explain trade patterns under perfect and imperfect competition
  • Identify welfare gains from trade
  • Analyze and calculate how trade affects the behavior of firms and consumers and how trade affects welfare and inequality
  • Examine how trade policy affects firm behavior and analyze and calculate welfare implications of trade policy
  • Convert the material of the class into actionable trade policies
  • Understand, discuss, and evaluate current policy proposals in light of the theory presented in class

Literature

The course uses the following literature:


  • Feenstra, R.C. and A. M. Taylor (2021), International Economics, Fifth edition, MacMillan. Selected chapters.
  • Supplementary material based primarily on journal articles and book chapters.

Recommended Academic Qualifications

Students are expected to have knowledge of basic economic principles from the courses "Principle of Economics A" and "Principle of Economics B", as well as knowledge of microeconomics and empirical methods.


Teaching and Learning Methods

The course consists of lectures and exercise classes.


Workload

The workload for the course is as follows:


  • Lectures: 42 hours
  • Class Instruction: 28 hours
  • Preparation: 133 hours
  • Exam: 3 hours
  • Total: 206 hours

Exam

The exam is an on-site written exam, 3 hours under invigilation, with no aids allowed. The marking scale is a 7-point grading scale.


Re-exam

The re-exam is a 20-minute oral exam with 20 minutes of preparation time, with no aids allowed.


Criteria for Exam Assessment

Students are assessed on the extent to which they master the learning outcomes for the course. To obtain the top grade, students must demonstrate an excellent performance displaying a high level of command of all aspects of the relevant material.


Course Information

  • Language: English
  • Course code: AØKA08021U
  • Credit: 7.5 ECTS
  • Level: Full Degree Master, Bachelor, Part Time Master
  • Duration: 1 semester
  • Placement: Spring

Study Board

The study board for the course is the Department of Economics, Study Council.


Contracting Department

The contracting department for the course is the Department of Economics.


Contracting Faculty

The contracting faculty for the course is the Faculty of Social Sciences.


Course Coordinators

The course coordinators are Jakob Roland Munch and Magnus Tolum Buus.


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