2024

International Economics

Name: International Economics
Code: ECN10324D
7.5 ECTS
Duration: 15 weeks/194 hours
Scientific Area: Economy

Teaching languages: Portuguese
Languages of tutoring support: Portuguese

Sustainable Development Goals

Learning Goals

The course aims to endow students with advanced knowledge on up to date theoretical references on international trade flows and FDI, on their determinants and main impacts upon the economic interdependence between countries. Students are expected to learn how to analyze and evaluate changes in the dynamics and nature of such flows, as well as their consequences on domestic patterns of specialization and international competitiveness.
In terms of general competencies, students should develop critical thinking, autonomy and innovation capacities and improve writing, argumentative and presentation skills. Specific competencies provided are the competent use of conceptual and analytical tools in the context of the theories and policies of international trade and FDI. The course is also designed to promote the familiarity with empirical work of reference, to develop the capacity of data analysis and interpretation needed for empirical research on various subjects of international economics.

Contents

1. The main trends of international trade and international investments;
2. Theoretical foundations of international specialization: from comparative advantage to competitive advantage;
3. Intra-industrial trade: typology, measurement and determinants;
4. Economic Geography Models: industrial location and international trade flows;
5. International trade in economic growth models;
6. Instruments of trade policy and their impact on trade;
7. Strategic trade policy in the contexts of globalization and of regional integration;
8. The institutional dynamics of the International Trade System for goods and services;
9. Global Value Chains (CVG): a new dimension of globalization of production and trade
10. Multilateral Trade System and VCG: the new Agenda for Development
11. Determinants and impacts of foreign direct investments (FDI);

Teaching Methods

Contact hours will comprehend both presentations of the syllabus's topics and applied work, mainly devoted to the analysis of case studies. The course's subjects will be presented through the study of various papers where the theoretical concepts are applied.
Some sessions will be dedicated to the discussion of work developed by students, consisting of comparative analyses of different methodologies, which substantiate the course's research component.
The course's evaluation comprehends applied work and a final examination.