International Economics

Presentation

This curricular unit gives a general vision about real part of international economics and yet some topics of financial part adapted to the course.  his disciplin is very important because is not possible to understand international relations without a clear vision of the economic relations. We analyse the most relevant theories of international commerce and also the principal theories of integration namely the integration process of European Union. We treat also, at introductory level, some topics  about international finance namely foreign exchange markets and international investment.

Part of this Programme

European Studies and International Relations

Level of Qualification|Semesters|ECTS

| Semestral | 4

Year | Type of course unit | Language

2 |Mandatory |Português

Code

ULHT450-723

Recommended complementary curricular units

Introduction to Economics and Quantitative Methods.

Prerequisites and co-requisites

n/a

Professional Internship

Não

Syllabus

1. Introduction

1.1. The context of international economy

1.2.. The globalisation

1.3.International commerce

2. The most relevant theories about international commerce

2.1.The mercantilism

2.2.. The absolute advantages theorie

2.3. The comparative advantages theorie

2.4. Heckscher-Ohlin theory

2.5. Other theories

2.6. The competitivity

3.Commercial Policy and economic integration

3.1. Commercial Policy

3.1.1.Protecionism versus free trade

3.1.2. Commercial  Policy instruments

3.1.3.The international commerce system

3.2.Economic integration

3.2.1.Levels and forms of integration

4. Finanças internacionais

4.1.Payments balance and international debt

4.2. Foreign exchange market

4.3. International investment.

Objectives

Describe the historical evolution of international economics;

Analyse the most important theories about international commerce;

Understand the most relevant instruments of commercial policy;

Evaluate the costs and benefits of several forms of economics integration;

Know the payments balance and other several balances;

Explain the funcioning of exchange markets;

Explain the relevance of foreign investment.

Teaching methodologies and assessment

Teaching Methodologies

Theoreical and practical classes given by new technologies.

Questions for discussing.

Case analysis

Evaluation Methodologies

Written test (50%)

Work about the topicsof the program. (50%)

References

Medeiros, Eduardo Raposo (2013). Economia Internacional Comércio e Finanças, 9ª ed, Escolar Editora.

Gerber, J. (2017), International Economics, 7th Edition, Pearson Education.

Africano, Ana Paula et al (2018). Comércio Internacional: teorias, políticas e casos práticos, Edições Almedina.

Office Hours