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International Economics & Sustainability Economics

Niveau

1st 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 driving forces of international trade using models and relate them to current developments.
• can discuss the limitations of markets and examine the causes of market failure and environmental pollution.
• can explain the importance of sustainability for business models.
• can name the components of corporate sustainability strategies and interpret their effects on business resilience.

Prerequisites for the course

None

Course content

• Classic and modern trade theories
• Agglomeration advantages and location choice
• Welfare effects of tariffs and trade quotas
• Globalization and global supply chains
• Sustainability of business models and corporate resilience
• Corporate Social Responsibility and Environmental Social Governance

Recommended specialist literature

• CORE Economics Education: Die Wirtschaft: Volkswirtschaftslehre für eine sich ändernde Welt. De Gruyter Oldenbourg (neueste Ausgabe)
• Krugman, Paul; Obstfeld,Maurice: Internationale Wirtschaft: Theorie und Politik der Außenwirtschaft. Pearson Studium (neueste Ausgabe)
• Mankiw, Greg; Taylor, Marc: Grundzüge der Volkswirtschaftslehre; Schäffer-Poeschel (neueste Ausgabe)

Assessment methods and criteria

Portfolio assessment

Language

German

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