International Econ & Finance
Run by Bangor Business School - (Changsha)
10.000 Credits or 5.000 ECTS Credits
Organiser: Ms Wendy Ashurst
Overall aims and purpose
To provide a sound understanding of the factors that explain the patterns of production and trade between countries. To explain how monetary and financial variables influence the economic relations between countries.
- Productivity and comparative advantage
- The Heckscher–Ohlin model
- The instruments of international trade policy
- Money, interest rates, and exchange rates
- The Mundell–Fleming model
- International monetary systems: the European experience
- Financial globalisation and financial crisis
Satisfactory standard: 40-49: No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives.
Excellent standard: 70+: An outstanding performance, exceptionally able. The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills.
Average Standard: 50-59: Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.
High Standard: 60-69: Very good performance Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills.
Critically appraise the causes and consequences of trade imbalances between countries.
Understand the relations between national output, interest rates, and exchange rates.
Understand the theory of comparative advantage and the benefits from trade, and the instruments of trade policies.
Examine the impact of financial globalisation on the world economy.
Critically evaluate the impact of trade policies on the overall welfare of a country.
|Assignment 1000 words||25.00|
|Examination 1 hour||75.00|
Teaching and Learning Strategy
One 2-hour lecture per week.