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International & Environmental Economics

Niveau

First study cycle, Bachelor

Learning outcomes of the courses/module

The participants:
• can identify the increasing integration of the world economy as globalization and explain historical developments.
• can analyze the drivers of international trade within the framework of models and relate them to current developments.
• discuss the limitations of markets and examine the causes of market failure and environmental pollution.
• understand the significance of sustainability for business models.
• name the components of sustainability strategies for companies and interpret their effects on operational resilience.

Prerequisites for the course

Political Economics & Public Institutions

Course content

• Classical and modern trade theories
• Agglomeration advantages and location choice
• Welfare effects of tariffs and trade quotas
• Globalization and global supply chains
• The sustainability of business models and the resilience of companies
• Corporate social responsibility and environmental social governance

Recommended specialist literature

• The CORE Team: The Economy: Economics for a Changing World. Oxford University Press (latest edition)
• Krugman, Paul; Obstfeld, Maurice; Melitz, Marc: International Economics: Theory and Policy, Global Edition. Pearson (latest edition)
• Mankiw, Greg: Economics. Cengage Learning EMEA (latest edition)

Assessment methods and criteria

Portfolio assessment

Language

English

Number of ECTS credits awarded

3

Semester hours per week

Planned teaching and learning method

Blended learning

Semester/trimester in which the course/module is offered

5

Type of course/module

Type of course