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BUSI45915: INTERNATIONAL ECONOMICS (PT/EXECUTIVE)

It is possible that changes to modules or programmes might need to be made during the academic year, in response to the impact of Covid-19 and/or any further changes in public health advice.

Type Tied
Level 4
Credits 15
Availability Not available in 2023/24
Module Cap
Location Durham
Department Management and Marketing

Prerequisites

  • None.

Corequisites

  • None.

Excluded Combinations of Modules

  • None.

Aims

  • A critical appreciation of the forces influencing international trade and investment flows.
  • Advanced knowledge of, and the ability to apply, theories of international trade and foreign direct investment.
  • An in-depth understanding of trade policies and the context in which they are developed.
  • A critical appreciation of balance of payments and exchange rate policies and the international monetary system.

Content

  • The rise of the global economy: the growth and changing pattern of international trade and investment.
  • Standard and modern theories of international trade.
  • Trade policy issues.
  • Trade liberalisation under GATT and the TWO.
  • The rise and impact of foreign direct investment.
  • Balance of payments accounting and fixed and floating exchange rates.
  • International monetary system and the globalisation of financial markets.

Learning Outcomes

Subject-specific Knowledge:

  • Upon successful completion of the module, the students will have a critical appreciation of:
  • the forces influencing international trade and investment flows;
  • trade policies and the context in which they are developed;
  • the rise and impact of foreign direct investment;
  • balance of payments and exchange rate policies;
  • the international monetary system and global financial markets.

Subject-specific Skills:

  • Upon successful completion of the module, the students will be able to:
  • critically analyse theories of international trade and foreign direct investment.

Key Skills:

  • Written communication; planning, organising and time management; problem solving and analysis; using initiative; computer literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Learning outcomes will be met through a combination of lectures, groupwork, case studies and discussion, supported by guided reading. The written assignment will test students' understanding of relevant concepts and their ability to apply and interpret what they have learned to the analysis of a particular issue in depth.

Teaching Methods and Learning Hours

ActivityNumberFrequencyDurationTotalMonitored
Workshops (a combination of lectures, groupwork, case studies and discussion)28Yes
Preparation and Reading122 
Total150 

Summative Assessment

Component: Written AssignmentComponent Weighting: 100%
ElementLength / DurationElement WeightingResit Opportunity
Written Assignment4,000 words maximum100 

Formative Assessment

None.

More information

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