International Trade - Interactive curriculae of TU Ilmenau
The interactive curriculae provide information on the degree programmes offered by the TU Ilmenau.
Please refer to the respective study and examination rules and regulations for the legally binding curricula (Annex Curriculum).
You can find all details on planned lectures and classes in the course catalogue.
Please note that this page is no longer updated. All modules and study plans from PO version 2021 onwards (Bachelor and Master study programs) are now available on the Campus Portal.
| module properties International Trade in degree program Master Medienwirtschaft 2021 | |
|---|---|
| module number | 200780 |
| examination number | 2500535 |
| department | Department of Economic Sciences and Media |
| ID of group | 2542 (Economic Policy) |
| module leader | Prof. Dr. Thomas Grebel |
| term | summer term only |
| language | English |
| credit points | 5 |
| on-campus program (h) | 34 |
| self-study (h) | 116 |
| obligation | elective module |
| exam | written examination performance, 90 minutes |
| details of the certificate | Written exam, 90 minutes |
| link to Moodle course | https://moodle2.tu-ilmenau.de/course/view.php?id=301 |
| teacher | Prof. Dr. Grebel, Thomas |
| signup details for alternative examinations | |
| maximum number of participants | |
| previous knowledge and experience | Bachelor degree |
| learning outcome | Students know the nature, scope, direction and development of international trade flows, the reasons and effects of international trade in theory, the motives, instruments and effects of protectionism, the underlying institutions and the instruments of European and international trade regimes. In addition, they are familiar with the adjustment processes under flexible or fixed exchange rates and with the institutions and instruments of the European Monetary Union. Students can explain and forecast real trade flows based on economic theories and describe and assess the effects of tariffs, quotas and non-tariff trade barriers. They are able to explain the European economic order and the effects of the European internal market in internal and external relations both theoretically and scientifically as well as in terms of realpolitik. They possess the analytical competence to apply theoretical concepts to real economic problems. For instance, they are able to present and assess the effects of central exchange rate regimes with their national and international contexts, as well as to present and assess the European Monetary Union with its access requirements, institutions and instruments in theory and in practice. In the exercises, students have learned to work independently on tasks, to present to the group and to receive immediate feedback from the instructor and fellow students as well as to formulate constructive feedback themselves. After intensive discussions during the lectures and especially in a smaller environment during the exercises, the students can correctly assess and appreciate the performance of their fellow students. They take criticism into account, heed comments and accept advice. |
| content | Presentation of the real structures of the economy at the international level, classical theories of international trade, modern real theory of foreign trade, manifestations, causes and instruments of protectionism, trade regimes at the European and international levels, theoretical exchange rate regimes, European and international monetary regimes. |
| media of instruction and technical requirements for education and examination in case of online participation | Internet access, a technical device (e.g. laptop), and a communication software (webex) |
| literature / references | Krugman, P.R./Obstfeld, M./Melitz, M.J. (2022), International Economics: Theory and Policy, Global Edition, 12th edition, Global edition, Harlow, England |
| evaluation of teaching | |