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International Economics

International Economics

Code	12097
Year	2
Semester	S2
ECTS Credits	6
Workload	TP(60H)
Scientific area	Economics
Entry requirements	Not applicable
Mode of delivery	Theoretical-practical
Work placements	No
Learning outcomes	The discipline has specific objectives: • Know the main concepts and theories that explain international trade; • To know the main concepts and theories that explain the capital movements (financial markets); • Know the main concepts and theories that explain economic integration; • Know the components of the Balance of Payments and its balance; • Acquire skills for the development of a critical spirit in the analysis of the major themes of the international economy. The discipline has specific objectives: • Know the main concepts and theories that explain international trade; • To know the main concepts and theories that explain the capital movements (financial markets); • Know the main concepts and theories that explain economic integration; • Know the components of the Balance of Payments and its balance; • Acquire skills for the development of a critical spirit in the analysis of the major themes of the international economy.
Syllabus	Introduction: framework of the discipline, its objectives, plan and programmatic contents; teaching methodology and materials. CHAPTER I - International Economy: conceptual definitions 1.1 Object of study 1.2 Main themes and areas 1.3 Economic integration: globalization vs regional blocs 1.4 Measures/indicators of the internationalization of economies and companies CHAPTER II - Theory of International Trade 2.1 Classical theories: absolute advantages and comparative advantages 2.2 Hecksher-Ohlin theory 2.3 Standard model theory of trade 2.4 Contemporary theories CHAPTER III – Foreign Trade Policy and Trade Flows 3.1 Commercial policy instruments 3.2 International trade regulation 3.3 Impact of international crises on trade/growth 3.4 Trade flows: Portugal in international trade
Main Bibliography	AFRICANO, A. P., et al (2018), Comécio Internacional. Teorias, Políticas e Casos Práticos, Almedina, CoimbraRUGMAN, P. R., OBSTFELD, KRUGMAN, P. R. et al (2012), International Economics. Theory and Policy, 9th ed., Pearson – Addison Wesley MOUSSIS, Nicholas (2000), Guide to European Policies, 6ª ed. revista, European Study Service RODRIGUES, J. N. e DEVEZAS, T. (2007), PORTUGAL. O Pioneiro da Globalização, Centro Atlântico, Lda, V. N. Famalicão APPLEYARD. D, FIELD, A. (2001), International Economics. Theory and Policy, 4th ed., McGraw-Hill, EUA LOUÇÃ, F., ASH, MICHAEL (2017), Sombras. A Desordem Financeira na Era da Globalização, Bertrand Editora, Lisboa SACHS, J. D. (2017), a era do desenvolvimento sustentável, CONJUNTURA ACTUAL EDITORA, Lisboa (cap. 1 a 6) SCHWAB, K. (2017), A Quarta Revolução Industrial, World Economic Forum – Levoir - PUBLICO Banco de Portugal: http:// www.bportugal.pt nstituto Nacional de Estatística: http://www.ine.pt/index.htm
Teaching Methodologies and Assessment Criteria	The final classification of the teaching-learning process (CFEA) will be the result of the weighted average of the following instruments: • 2 Frequency (F) (0.50) • Collective Practical Report (TG) (0.25) . Individual report (IT) (0.25) Attendance is not granted to students who obtain a classification lower than 6 val. at the end of the teaching-learning process or missed more than 20% of classes without justification. The first frequency takes place on May 3rd and the second during green week. Group work takes place on the following dates: * Choosing the theme and plan for the April 11th work; releases first chapter April 26th; delivery of the second chapter May 10th and final delivery May 30th Individual work takes place on the following dates: * Delivery of the provisional version on March 15th and the final version on April 3rd Classes take place in person, as well as attendance.
Language	Portuguese. Tutorial support is available in English.