2023

International Markets and Policies

Name: International Markets and Policies
Code: ECN13502M
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area: Economy

Teaching languages: Portuguese
Languages of tutoring support: Portuguese
Regime de Frequência: Presencial

Sustainable Development Goals

Learning Goals

The curricular unit of “International Markets and Policies” aims to contribute to a thorough knowledge of the organization, operation and interconnection of different economies in the current context of intense globalization. It is also intended to assess the importance of geography in international economic relations and to understand the existence of different practices in different economies.
This course aims to ensure the following main competences: i) understand the importance of establishing international relations; ii) Know the different factors that condition the international markets; iii) identify the most appropriate strategies for different markets and relationships.

Contents

1. Introduction
- Nature of international economic relations
- Evolution of flows of goods, services and factors of production
2. The importance of national differences
- Differences in economic, political and legal systems
- Differences in Economic Development
- Differences in cultural, ethics and sustainability
3. The global trading and investment environment
- Origin of comparative advantage in international trade
- Public policy and international trade
- Foreign Direct Investment
- Regional Economic Integration and the role of international institutions
4. The strategy and structure of international business
- Strategy of international business
- Organization of international business
- International competitiveness and strategic planning
- Export and Import Practices
- Global production and value chain management8. Regionalism and multilateralism: Major regional trade blocs.
5. Public policies to encourage exports.
6. Basic instruments for the development of the Export / Import

Teaching Methods

The classes of this course are taught in order to ensure a strong articulation between the theoretical knowledge transmitted and the demonstration of its applicability in different case studies. With this objective, the students develop a practical work consisting of a scientific article. This scientific article should apply the theoretical, practical and methodological knowledge acquired in the course.
Assessment:
a) Continuous Assessment: A written test with a weight of 50% and a practical work with a weight of 50% in the final grade of the course. The continuous assessment regime is organized so that the whole process of elaboration of the practical work to be developed by the students and the other classroom classes, as well as the teaching in e-learning format, enables a continuous evaluation process;
b) In Exam Regime: A written exam (Exam) with a weight of 100% in the final grade of the course.

Teaching Staff