Course code Ekon5071
Credit points 3
International Economics
Total Hours in Course81
Number of hours for lectures12
Number of hours for seminars and practical classes12
Independent study hours57
Date of course confirmation11.10.2011
Responsible UnitInstitute of Economics and Finance
Course developer
lect.
Sandris Ancāns
Mg. oec.
Course abstract
The goal of the course is to provide knowledge in international economics: theory and policy. It provides an understanding of why nations trade in goods, services, labour, and capital; implications of government interventions for foreign trade.
Learning outcomes and their assessment
Knowledge – master students obtain knowledge on the role of international economics nowadays, its theories, foreign trade policies and the economics of foreign trade, international economic processes and trends in Latvia as a small country with a very open economy. Skills – master students are able to use their knowledge in making economic decisions at levels of both households and enterprises and national institutions, taking into consideration the risks that are caused by the international context of these decisions and preventing possible mistakes by taking into account experiences of other countries. Competence – master students gain knowledge and skills to promote increases in welfare in Latvia, using the advantages that are specific to a small country with a very open economy which is a member country of the European Union – the world’s largest free trade bloc.
Compulsory reading
1. Oļevskis G. Starptautiskā ekonomika. Rīga: J.Rozes apgāds, 2004. 192 lpp.
2. Zīle H. Latvijas ārējie ekonomiskie sakari. Rīga: BA Turība, 2003. 365 lpp.
3. Salvatore D. International Economics. 7th ed. New York: John Wiley. 2001. 830 p.
4. Lībermanis G. Starptautiskie ekonomiskie sakari un Latvija. Rīga: Kamene, 2003. 220 lpp.
Further reading
1. Stiglics D. Globalizācija un neapmierinātība ar to. Rīga: BA Turība, 2010. 246 lpp.
2. Krugman P.R. & Obstfeld M. International Economics Theory & Policy. Reading, MA: Addison-Wesley. Fourth edition, 1995 798 lpp.
3. Rupeika-Apoga R. Valūtas tirgus un valūtas darījumi. Rīga: Datorzinību centrs, 2003. 160 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. The Economist: London: Economist Newspaper Ltd. ISSN 0013-0613. Pieejams arī: http://www.economist.com/?sa_campaign=econsubs/europe/subspage/imglink.