Optional in stage
First term
Both terms
Not organised
This year
Next year
Alternating years
External
Prerequisites
Identical coursesInternational Economics (B-KUL-HBA83B)
De Bruyne Karolien (coordinator) | De Bruyne Karolien | Saerens Farah (cooperator) Aims
3.e On the macro-economic level, interprets and analyses the behaviour of the different economic agents on the various domestic and foreign markets.
3.f Analyses and underpins in a graphic and model-based way, the most important theories of international trade and the most important tools for trade policy, and estimates their consequences for consumers, organisations and governments.
Previous knowledge
If you want to follow this course, it is advisable to have completed the following courses first: ‘Managerial Economics’ and ‘Macro-Economics and Economic Policy’
Identical courses
This course is identical to the following courses:
HBH22E : Internationale economie
HLH82A : Internationale economie (No longer offered this academic year)
HBA26C : International Economics (No longer offered this academic year)
Y00938 : Internationale economie
Is included in these courses of study
- Bachelor of Business Administration (Brussels) 180 ects.
- Bachelor of Business Administration: Double Degree Kedge (incoming) (Brussels et al) 242 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started before 2023-2024) (Brussels) 90 ects.
- Courses for Exchange Students Faculty of Economics and Business (Brussels)
- Bachelor of Business Administration: Double Degree Galway (outgoing) (Brussels et al) 240 ects.
- Bachelor of Business Administration: Double Degree Galway (incoming) (Brussels et al) 240 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started in 2023-2024 or later) (Brussels) 75 ects.
Activities
3 ects. International Economics (B-KUL-HBA83b)
EnglishFormat: Lecture
26 
Second termDe Bruyne Karolien | Saerens Farah (cooperator) Content
Chapter 1: Introduction
Chapter 2: World Trade: An Overview
Chapter 3: Labor Productivity and Comparative Advantage: The Ricardian Model
Chapter 4: Specific Factors and Income Distribution
Chapter 5: Resources and Trade: The Heckscher-Ohlin Model
Chapter 6: External Economies of Scale and the International Location of Production
Chapter 7: Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises
Chapter 8: The Instruments of Trade Policy
Chapter 9: The Political Economy of Trade Policy
Chapter 10: Trade Policy in Developing Countries
Chapter 11: Controversies in Trade Policy
Course material
Krugman, P., Obstfeld, M., Melitz, M. (2022) International Trade: Theory and Policy, 12th edition
Format: more information
Blended learning
The course will be a combination of both recorded lectures to convey knowledge as well as on campus lectures that provide room for interaction, reflection, excercices and Q&As.
Is also included in other courses
Evaluation
Evaluation: International Economics (B-KUL-H71995)
Explanation
Determination of the final grades
- Correction for guessing will be applied when correcting the multiple choice exam.
- The grades are determined by the lecturer as communicated via Toledo and stated in the examination schedule. The result is calculated and communicated as a whole number on a scale of 20.
Second examination opportunity
The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described above.