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ES20020: International economics

Follow this link for further information on academic years Academic Year: 2017/8
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Intermediate (FHEQ level 5)
Further information on teaching periods Period:
Semester 2
Further information on unit assessment Assessment Summary: EX 100%
Further information on unit assessment Assessment Detail:
  • Examination (EX 100%)
Further information on supplementary assessment Supplementary Assessment:
ES20020 Resit Examination (where allowed by programme regulations)
Further information on requisites Requisites: Before taking this module you must take ES20011 AND take ES20013
Further information on descriptions Description: Aims:
To introduce theory and empirical research on open economies. Theory and empirical research tackle current issues relating to international trade and international monetary economics.
This course unit can be studied as a self-contained module but it also forms a useful introduction to a more specialist stream in ES30034 International Monetary Economics and ES30033 International Trade in the final year of the degree programmes.

Learning Outcomes:
Students will have developed a fuller knowledge and understanding of the international economy. They will have acquired greater awareness of economic debates, especially as these relate to international economic policies. They will have learnt how to apply theory to international economic issues and how these issues are researched empirically.

Skills:
Students will become skilled in understanding and applying theory, and in understanding empirical research. This will be tested in a written examination.

Content:
The first part of the unit focuses on international trade. Topics include: the importance and pattern of international trade; determinants and welfare effects of international trade; instruments and effects of trade policy. The second part of the unit focuses on international monetary economics. Topics include: the determinants of exchange rates; output determination in an open economy; the effects of fiscal and monetary policy on the current account; the economic consequences of different currency regimes.
Further information on programme availabilityProgramme availability:

ES20020 is Optional on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc(Hons) Economics (Year 2)
  • UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 2)
  • UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 2)
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 2)
  • UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 2)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 2)
  • UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 2)
  • UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 2)

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