International Economics

About

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, as well as the development of the European Union’s single market and the trade issues raised by Brexit. It also focuses on the potential impact of the Covid-19 pandemic on globalisation and trade. The second half of the course covers international macroeconomics issues. This part of the course starts with an overview of fiscal policy and how governments can stabilise economies and the issue of sovereign debt dynamics. We then focus on monetary policy and the role central banks play in stabilising economies and financial markets. We finish with an overview of the various forms of exchange rate regimes, as well as the theory of optimum currency areas and whether the Euro area fits this criteria.

Course leader

Dónal PALCIC, visiting professor from University of Limerick (Ireland). To apply, contact us at winter@audencia.com

Target group

Upper undergraduate students and graduate students

Course aim

Upon completion of the module you should be able to:
- Understand some basic trade theory and concepts
- Describe the various stages of European economic integration
- Understand how fiscal and monetary policy can be used to stabilise economies
- Understand sovereign debt dynamics post global financial crisis and post-Covid
- Understand the concept of optimum currency areas and the design flaws in the Euro area

Fee info