Internacional Economics
Code
LL124
Department
Área de Ensino
Credits
4
Teacher in charge
Paula Fontoura
Weekly hours
3
Teaching language
Português
Objectives
§ To provide the student with the basic concepts of International Economics needed to understand the nature and consequences of the link between the domestic economy and the rest of the world economy.
§ To integrate clear, concise theory, with up-to-date examples and events
§ To highlight the relevance of international economic theory for understanding front-page issues.
Subject matter
1. The paradigm of free trade
1.1. The Ricardian Model
1.2. The academic debate
1.3. The empiric assessment
2. Trade determinants: beyond the Ricardian model
3. Trade policy: economic effects
4. Arguments for protectionism
5. Economic and monetary integration
5.1. The theory of Customs Union
5.2. The free movement of factors
5.3. The Optimum Currency Area theory
6. Problems of less developed countries
6.1. Trade policies
6.2. External debt
6.3. Emerging economies
Bibliography
Appleyard, D. Field, A e Cobb, S. (2010) International Economics, 7th edn. McGraw-Hill, Boston (main reference).
Materials provided on the online page of the course.
Teaching method
Theoretical and practical classes, including exercises at some stages of the course.
Evaluation method
Two options:
a ) An intermediate test (20%)
A written work (20%)
A written examination at the end of the course (60%)
b) A written examination at the end of the course (100%)