Course code Ekon3105
Credit points 3
International Economic Relations
Total Hours in Course81
Number of hours for lectures16
Number of hours for seminars and practical classes16
Independent study hours49
Date of course confirmation27.09.2011
Responsible UnitInstitute of Economics and Finance
Course developer
lect.
Sandris Ancāns
Mg. oec.
Course abstract
The goal of the course is to provide basic knowledge in international trade: theory, policy, and practice. It gives an understanding of key international economic relationships, why nations trade in goods, services, labour, and capital; implications of government interventions for foreign trade. Master students gain both theoretical and practical knowledge for making international business de
Learning outcomes and their assessment
Knowledge – students obtain knowledge on the history, role, theories, processes, and trends of international economic relations in Latvia as a country with a very open economy, they get an understanding of the dominant economic relationships arising if the Latvian economy interacts with economies of other countries, mainly EU member countries, in the modern globalised world and also their effects on domestic processes in the national economy of Latvia; skills – students can use their knowledge in making economic decisions at the levels of households, enterprises, and government institutions, taking into consideration the risks caused by the international context of these decisions and avoiding possible mistakes by considering the previous experience of other countries; competences – students gain knowledge and skills, which contributes to raising the level of wellbeing in Latvia, exploiting the advantages specific to it as a small country, which is a member country of the EU.
Compulsory reading
1. Zīle H. Latvijas ārējie ekonomiskie sakari. Rīga: Turība, 2003. - 365 lpp.
2. Lībermanis G. Starptautiskie ekonomiskie sakari un Latvija. Rīga: Kamene, 2003. - 220 lpp.
3. Vaidere I. Starptautiskās valūtas attiecības. LU Akadēmiskais apgāds. 2015, 141 lpp.
4. Salvatore, D. International Economics. 9th edition, 2007, p. 838.
Further reading
1. Oļevskis G. Starptautiskā ekonomika. Rīga: J.Rozes apgāds, 2004, 192 lpp.
2. Reinerts S. Ē. Kā bagātās valstis kļuva bagātas un kāpēc nabadzīgās valstis paliek nabadzīgas. Zvaigzne ABC: 2012, 389 lpp.
3. Stiglics D. Globalizācija un neapmierinātība ar to. Rīga: BA Turība, 2010, 246 lpp.
Periodicals and other sources
1. Dienas bizness: nedēļas laikraksts: Latvijas biznesa avīze. Rīga: Diena: Dagens Industri, 2005. - ISSN 1407-2041.
2. Kapitāls: žurnāls lietišķiem cilvēkiem: krāsains biznesa un ekonomikas žurnāls. Rīga: Lietišķās informācijas dienests. ISSN 1407-2505.
3. Forbes: žurnāls. Rīga: SK Media. ISSN 1691-6018.