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International Economics

International Economics

Code	16485
Year	2
Semester	S2
ECTS Credits	6
Workload	TP(60H)
Scientific area	Economics
Entry requirements	Não tem.
Learning outcomes	The objectives od Internationmal Economy are: • Understand the key concepts and theories that explain international trade; Understand the key concepts and theories that explain the movement of capital (financial markets); • Understand the key concepts and theories that explain the processes of economic integration and in particular those that apply to the European Union Acquire skills for the development of critical thinking in the analysis of the major themes of the international economy; • Develop the ability to work in groups and to take the advantages of the synergies resulting of this type of work; • Guide students in reporting objectives and the appropriate structure of reports.
Syllabus	Introduction: framework of the discipline, its objectives, plan and programmatic contents; teaching methodology and materials; assessment method and other aspects of the discipline’s functioning. 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 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 Measures/indicators of the internationalization of economies 3.2 Commercial policy instruments 3.3 International trade regulation 3.4 Impact of international crises on trade/growth 3.5 Trade flows: Portugal in international trade
Main Bibliography	KRUGMAN, P. R. e OBSTFELD, M. (2005), Economia Internacional. Teoria e Política, 6ª ed., Pearson – Addison Wesley, S. Paulo, Brasil MEDEIROS, E. D., (1996), Economia Internacional, Instituto Superior de Ciências Sociais e Políticas, Lisboa MENDONÇA, A. et al, (1998), Economia Financeira Internacional, Schaum- MacGraw-Hill, Lisboa MOUSSIS, Nicholas (2000), Guide to European Policies, 6ª edição revista, European Study Service RODRIGUES, J. N. e DEVEZAS, T. (2007), PORTUGAL. O Pioneiro da Globalização, Centro Atlântico, lda, V. N. Famalicão SAMUELSON, P. e NORDHAUS, W., (2005), “Economics”, 18ª ed., MacGraw-Hill, Nova Iorque, USA REVISTA ECONOMIA PURA, Um Século de Economia no Mundo, Nº 36, Maio 2001 (história do pós Guerra) THE WORLD BANK, World Development Report 2009. Reshaping Economic Geography, Washington, USA
Teaching Methodologies and Assessment Criteria	The classes of this course unit are theoretical and practical. As a rule, the presentation of the theoretical concepts is followed by practical cases in order to demonstrate its application within specific contexts and especially the Portuguese case . In order to achieve a greater learning success within each of the contents, the students are encouraged to discuss national and European experiences. During classes we seek to involve all students in discussion with the aim of stimulating critical analysis of the theoretical and practical implications thereof. The assessment of this course is taken during the semester through a written individual, with a weighting of 25%, a group work on a chosen by the students with a weighting of 25% subject and a two written frequency (2 x 25%).
Language	Portuguese. Tutorial support is available in English.