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International Commerce 2017/2018

  • 5 ECTS
  • Taught in Portuguese
  • Continuous Assessment

Objectives

At the end of this unit, students should:
- understand the current context and its influence on internacional trade;
- understand, apply and distinguish the main theories of international trade;
- explain the main determinants of specialization and trade patterns;
- identify, distinguish and characterise the main trade policy instruments and their role;
- determine and discuss the economic effects of trade policy;
- distinguish the several stages of economic integration;
- determine and discuss the economic effects of economic integration;
- explain the relation between internacional trade, growth and development;
- critically assess the globalization process.

Recommended Prerequisites

Microeconomics and Macroeconomics

Teaching Metodology

The theoretical component of lectures allows students to contextualize international economics and finances as an advanced field on economic theory. The practical component of lectures allows students to solve exercises and to interpret some economic indicators and understand their implications.

Body of Work

1. Introduction
2. International Trade Theories
3. Trade Policy
4. Economic Integration
5. International trade, growth and development

Recommended Bibliography

Appleyard, D. & Field, A.(2013), International Economics, 8th Edition, Mcgraw-Hill.
Medeiros, E. R. (2013), Economia Internacional: Comércio e Finanças, 9ª Edição, Escolar Editora.

Complementary Bibliography

Krugman, P., Obstfeld, M. & Melitz, M. (2015), International Economics: Theory and Policy, 10th Edition, Pearson.

Weekly Planning

Week 1 - Introduction
Week 2-7 - International Trade Thoeries
Week 8-10 - Trade Policy
Week 11-13 - Economic Integration
Week 14-15 - International Trade, Growth and Development

Demonstration of the syllabus coherence with the curricular unit's objectives

Learning outcome 1 - Chapter 1
Learning outcomes 2 and 3 - Chapter 2
Learning outcomes 4 and 5 - Chapter 3
Learning outcomes 6 and 7 - Chapter 4
Learning outcome 8 - Chapter 5
Learning outcome 9 - All chapters

Demonstration of the teaching methodologies coherence with the curricular unit's objectives

The theoretical classes accompanied by real and current exemplification enables students to recognize the importance of taught topics and achieve the objectives set for the course. The exercises and the analysis and discussion of case studies will enable the student the relationship between theoretical learning and practical application.

relevant generic skillimproved?assessed?
Achieving practical application of theoretical knowledgeYesYes
Analytical and synthetic skillsYesYes
Commitment to qualityYesYes
Ethical and responsible behaviourYes 
Event organization, planning and management  
Foreign language proficiency  
IT and technology proficiencyYesYes
Problem Analysis and AssessmentYesYes
Relating to othersYesYes
Research skillsYesYes
TeamworkYesYes
Written and verbal communications skillsYesYes
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