Course Unit Code | 120-0363/01 |
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Number of ECTS Credits Allocated | 5 ECTS credits |
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Type of Course Unit * | Compulsory |
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Level of Course Unit * | First Cycle |
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Year of Study * | Second Year |
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Semester when the Course Unit is delivered | Summer Semester |
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Mode of Delivery | Face-to-face |
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Language of Instruction | Czech |
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Prerequisites and Co-Requisites | |
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| Prerequisities | Course Unit Code | Course Unit Title |
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| 114-0301 | Macroeconomics A |
Name of Lecturer(s) | Personal ID | Name |
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| LAN075 | Ing. Eva Kovářová, Ph.D. |
Summary |
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The subject is focused on understanding the main causes, forms and importance of international trade in the long-term historical connections and with respect to the current trends in the development of the global economy. After successfully finishing the course, the students will be able to solve the individual trade cases in the conditions of the Czech memberships in the European Union. |
Learning Outcomes of the Course Unit |
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- to outline the main reasons for trade
- to identify the principle of international trade
- to assess the main factors influencing the position of countries in world trade
- to analyse practical trade cases
- to describe the trade policy instruments
- to assess the current trends in global trade |
Course Contents |
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1.The introduction of the course - The principle of international trade. The determination of the main terms, the substance and causes of international trade. The main corners in the development of international trade.
2.The importance of international trade for the world economy, the rate of economic openness, balance of payments.
3.The importance and instruments of international trade.
4.The globalisation of trade flows and the determination of the main trade centres in the world.
5.The sources of comparative advantages and factors that influence their changes.
6.Trade policy - the principle of protectionism and liberal trade policy, multilateral trading system.
7.Trade liberalisation and international organizations(WTO, UNCTAD, OECD, WB).
8.The Common Commercial Policy of the European Union.
9.The foreign trade policy of the Czech Republic before its entrance into the European Union, the forms and possibilities of enforcing the Czech trade interests in the European Union.
10.Regionalism in the world economy and regional trade agreements.
11.International trade and developing countries.
12.Foreign direct investments and trade flows.
13.Trade defence instruments.
14.Trade disputes and the mechanism of the dispute settlement in the WTO. |
Recommended or Required Reading |
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Required Reading: |
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FEENSTRA, Robert C. a Alan M. TAYLOR. International Economics. New York: Worth Publishers, 2019. 936 s. ISBN 978-13-1929-236-2.
KRUGMAN, P. R., OBSTFELD, M. a M. MELITZ. International Economics: Theory and Policy. London: Pearson, 2017. ISBN 978-12-9221-487-0.
MELITZ, M., KRUGMAN, P. R. a M. OBSTFELD. International Trade: Theory and Policy. London: Pearson, 2018. 367 s. ISBN 978-12-9221-635-5.
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DOBIÁŠ, Petr a Michal MALACKA. Obchodní podmínky v mezinárodním obchodním styku. Praha: Leges, 2019. 405 s. ISBN 978-80-7502-296-7.
KUBIŠTA, Václav a kol. Mezinárodní obchod a migrace. Praha: Metropolitní univerzita, 2017. 464 s. ISBN 978-80-7380-655-2.
POON, Jessie a David L. RIGBY. International Trade. The Basics. New York: Routledge, 2017. 198 s. ISBN 978-1-138-82438-6.
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Recommended Reading: |
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COHN, C. Theodore. Global Political Economy: Theory and Practice. London: Routledge, 2016. 448 s. ISBN 978-11-3895-874-6.
DUNNE, T., M. KURKI a S. SMITH. International Relations Theories: Discipline and Diversity. Oxford: Oxford University Press, 2021. 400 s. ISBN 978-01-9870-756-1.
ZENKYNA, Elena. International Competitiveness in the New Economy: Currency and financial aspects. Lancaster: Our Knowledge Publishing, 2021. 240 s. ISBN 978-62-0347-509-8.
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JANATKA, František. Podnikání v globalizovaném světě. Praha: Wolters Kluwer, 2017. 336 s. ISBN 978-80-7552-754-7.
MOTHANA OBADI, Saleh. Vývoj a perspektívy svetovej ekonomiky. Bratislava: Ekonomický ústav Slovenskej akadémie vied, 2019. 336 s. ISBN 978-80-7144-305-6.
SEHNÁLEK, David. Vnější činnost Evropské unie perspektivou práva unijního a mezinárodního práva. Brno: Masarykova univerzita, 2016. 242 s. ISBN 978-80-210-8340-0.
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Planned learning activities and teaching methods |
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Lectures, Tutorials |
Assesment methods and criteria |
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Task Title | Task Type | Maximum Number of Points (Act. for Subtasks) | Minimum Number of Points for Task Passing |
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Credit and Examination | Credit and Examination | 100 (100) | 51 |
Credit | Credit | 35 | 20 |
Examination | Examination | 65 | 31 |