International Economics

This course introduces some of the main concepts and methods of international economics
and illustrates them with applications drawn from the real world. The first half of the course
deals with international trade and policy and looks at issues such as the gains from trade
and the effects of trade on welfare and income distribution. This part of the course also
reviews the development of the European Union’s single market and the trade issues raised
by Brexit. It also focuses on the links between globalisation and climate change. The second
half of the course covers international macroeconomics issues. This part of the course starts
with an overview of national income accounting and the balance of payments in order to
understand how countries can run large current account surpluses or deficits. We then focus
on exchange rates, interest rates and international transactions and examine the various
forms of exchange rate regimes. We finish with a discussion of optimum currency areas and
the European experience with the creation of the Euro.

Course leader

Guest lecturer from University of Limerick, Ireland.
Please contact us for more details: summer@audencia.com

Target group

undergraduate students, master's degree students, young professionals

Course aim

Upon completion of the module you should be able to:
• Describe the various stages of European economic integration
• Understand some basic trade theory and concepts
• Analyse monetary and fiscal policy in Europe
• Understand the concept of optimum currency areas

Credits info

4 EC
4 ECTS
2 US credits

Fee info

EUR 500: 500 euros tuition fees for free movers
EUR 50: 50 euros application fees for all students

Scholarships

not available