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Curriculum subject

International Economy

Subject
Subject code TLM317
Subject name International Economy
Credit points 6 ECTS
Grading method Exam
Subject program
Curriculum subject
Curriculum 2016 TT
Study year 4
Semester Fall semester
Subject type Optional
Subject loads
Lecture 64
General description
1. Introduction and objectives. International economic concepts.
2. International trade law. Foreign Trade Policy.
3. Globalization: GDP, foreign trade, services and investments. The global economic developments and trends.
4. Protectionism and the WTO, rich and poor countries in conflict, the national debt problem.
5. Economic Community: European Community, OECD, CIS. OPEC, et al.
6. Economic growth and development. Forecasts.
7. Competition in the U.S., EU and East Asia (Japan, China, etc.) between.
8. Political and economic relationships.
9. World energy policy, petroleum business.
10. World of monetary policy, the USD and EUR, the balance of payments.
General aim
Subject aims to provide an overview of the international economy and its affecting factors.
Aim
The student
- knows how the international economy works in principle
- knows the main current problems of globalization and the international economy
- has an overview:
- of the the worldŽs economical order and trends in the development stages,
- of the protectionism in the WTO;
- of the rich and poor countries conflicts;
- of the debt problems in rich countries.
- knowsthe world's most important organizations such as UN, EU, Nordic Council of Europe, CIS and others, and economic integration, such as the IMF, the World Bank, WTO, European Community, OECD, NAFTA, APEC, OPEC, ASEAN, etc..
- has an overview of the world's energy problems, petroleum business; politics and economic relationships, the balance of payments principles: trade, välisotseinvesteeringud et al.
- can organize a economics seminar
Form description
Lectures, seminars and independent work with literature and Internet materials. Planning and working whit seminar
Literature
Tanning, L. Põhjamaade majandus. Nordisk ekonomi, I ja II. Tallinn, 2000, 328 + 448 lk.
Tanning, L. Saksamaa majandus. Deutsche Wirtschaft, I ja II. Tallinn:, 2004, 409 + 283 lk.
www.imf.org ,www.oecd.org , www.europa.eu , www.destatis.de ja www.scb.se
Current rounds
None
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