International Trade and FinanciaI Markets (4cr)

Objective

The student knows the basics of international trade policy and international competitiveness. He/she knows the principles of of international capital flows and financing.

Content

- business in the international markets
- international competitiveness
- international financing
- trade policies

Assessment criteria, satisfactory (1)

Students are able to define basic concepts regarding international trade and economics. Students are familiar with the effects of the changes in the international economy to national economies and their lives.

Assessment criteria, good (3)

Students are able to select, interpret and analyze appropriate extracts from the news media. Students are able to explain the basic concepts of international trade, and the factors of production.

Assessment criteria, excellent (5)

Students are able to demonstrate knowledge and understanding of current economic issues and data, apply economic concepts and theories to real-world situations. Students can examine economic concepts and theories from international perspective and use economic concepts and examples to construct and present an argument. Student shows knowledge of international economics models and theories and the role of international trade.