Course unit title International Economics  
Name and e-mail of the lecturer

Assist. Prof. Nevena Byanova
n_byanova@abv.bg

Course code 20041462
Learning activities and teaching methods

Lectures, discussions, individual and group assignments

ECTS 4
Contact hours 15
Course content ( maximum 700 characters)

International economics, as basic economic theory, is an integrated part of Economics. It is an interdisciplinary subject focused on the relations between countries with opened national economies. The course in International economics systemizes topics on international trade and the role of firms in it, international finances, foreign investments, regional economic integration, developing countries, etc. It covers key concepts and practical applications of two main topics – international trade and international finance. The purpose of this course is to provide learning experience on characteristics and trends in International economic relations, their policy and regulation, their place in global economy.

In 21st century regionalization and globalization has made citizens of all countries much more aware of the worldwide economic forces that influence their fortunes. That’s why the topics in the course discuss key features of international economic relations. We concentrate on how events in the global economy influence each country’s economic fortunes, policies and political debates. In this context the main topics in the course are:

International Trade Theory and Policy

Exchange rates and Open Economy Macroeconomics

European economic integration

Globalization

Developing countries

The material covers the most important recent developments in international economics which helps students to understand the changing world economy and analyze actual problems in international economic policy. In classes students are asked to apply what they have learned to real-world data or policy questions.

Assessment method Individual or group assignment